Controller (Chicago)

Beech Valley Solutions•Chicago, IL

4d•$120,000 - $130,000•Onsite

About The Position

The Controller will oversee all accounting and financial reporting functions for a fraternal benefit organization operating under Illinois regulations. This role ensures financial integrity, regulatory compliance, and stewardship of member assets in alignment with the organization’s mission and values. This role involves managing a combination of daily, weekly, monthly, quarterly, annual financial, payroll, and administrative tasks to ensure accurate accounting, reporting, and compliance. Overall, this role ensures the accuracy, integrity, and timely processing of financial and payroll operations while supporting broader accounting and reporting functions.

Requirements

Bachelor’s degree in Accounting, Finance, or related field
7–10+ years of progressive accounting experience
At least 3 years in a leadership role
Experience with insurance, fraternal benefit societies, or regulated financial entities
Strong knowledge of statutory accounting principles (SAP) and GAAP
Familiarity with Illinois Department of Insurance regulations and reporting requirements
Proven ability to manage audits, financial statements, and internal controls
Experience overseeing budgeting, forecasting, and investment accounting
High level of integrity and ability to handle confidential financial and member data
Strong leadership, communication, and team management skills

Nice To Haves

CPA strongly preferred
Experience working with membership-based or nonprofit organizations
Understanding of reserve accounting and actuarial coordination
Proficiency in accounting systems and financial reporting tools (Sage, SOVOS)

Responsibilities

Oversee all accounting and financial reporting functions.
Ensure financial integrity, regulatory compliance, and stewardship of member assets.
Manage daily, weekly, monthly, quarterly, and annual financial, payroll, and administrative tasks.
Monitor bank activity, analyze cash positions, and reconcile disbursements with accounting systems.
Process payroll (bi-weekly) and prepare related reports.
Handle annuity tax payments and maintain accurate records for claims, transfers, and employee benefit updates.
Review bank safeguards (such as positive pay) and manage stop payment requests.
Update trust fund interest worksheets and maintain documentation for internal reporting.
Process pension payments.
Calculate and track annuity interest and investment activity.
Reconcile claims and bank accounts.
Balance payroll and investment accounts across multiple financial institutions.
Prepare journal entries, trial balances, and financial reports.
Verify transactions such as voided checks and investment payments.
Review invoices and maintain financial statements and records.
Coordinate with internal teams and external vendors.
Ensure all documentation is properly filed.
Support compliance and audit readiness by verifying data accuracy across systems.
Prepare required reports related to claims, taxes, and annuities.