Director - Rptg, Int Ctrls & Ent Utils

Illinois Housing Development•Chicago, IL

23d•$156,709 - $195,886•Hybrid

About The Position

The Director of Reporting, Internal Controls and Enterprise Utilities has primary responsibility for managing the Financial Reporting and Enterprise Utilities functions for the Authority. The incumbent will also have direct responsibility for the Internal Controls environment, working to ensure adherence to internal control frameworks and compliance with audit and regulatory requirements. This role will interface with the Controller, Deputy CFO, CFO and others in Leadership to deliver financial results across funds and structures, as well as coordinate year-end financial statements and audit processes. The incumbent will act as a financial compliance gatekeeper, driving proactive risk mitigation, financial transparency, and continuous improvement within the organization’s financial control environment.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field
8-10 years of experience in accounting/controllership, including internal controls and audit management
Direct experience leading complex financial reporting activities, including consolidation of financial results across entities, funds or other structures
Intellectual curiosity and problem-solving abilities
Strong interpersonal skills with an ability to work well with others and build relationships
Proficiency with Microsoft Office products, including expert-level Microsoft Excel abilities
Expertise with general ledger, reporting and/or other financial ERP systems (e.g., Oracle Fusion, EPM, SmartView etc.)
Demonstratable knowledge of audit practices and regulatory frameworks
An ability to translate complex information and concepts into practical use
Must be a resident of Illinois or willing to relocate.

Nice To Haves

Master’s degree preferred

Responsibilities

Direct the preparation of timely, accurate and insightful financial reporting packages for Authority Executives, Leadership Team and the Board of Directors
Oversee the development of financial statements across the Authority’s funds and structures, to include variance, trend and other analyses
Manage the internal and external audit processes to include completion of the Authority’s Annual Comprehensive Financial Report, responses to audit inquiries and resolution of audit findings
Plan, direct, coordinate and review work performed by staff; develop and utilize tools and methods to monitor work products to drive a culture of continuous improvement and deliver a premium level work product
Keep abreast of ongoing changes to accounting and reporting principles, including interpretation and actions necessary to accurately report financial results
Continuously assess and strengthen internal controls to ensure financial data accuracy, operational efficiency and risk mitigation
Proactively identify compliance risks across financial processes, taking action to mitigate vulnerabilities related to non-compliance
Develop/implement/manage a Risk Control Self-Assessment ("RCSA") / Managers Control Assessment ("MCA") framework for the Accounting function
Develop/implement/manage Balance Sheet Control ("BSC") processes and procedures, including standards for balance sheet reconciliations and account aging(s)
Create, implement and keep updated appropriate policies, procedures and processes to enhance the Authority’s internal control environment
Direct the accounts payable and accounts receivable functions, ensuring best-in-class customer support across the Authority.
Develop and institute metrics and key performance indicators to monitor performance of activities against performance benchmarks, including identifying opportunities to drive process improvements and efficiencies.
Manage the Authority’s third party, co-sourced accounting team including vendor oversight, compliance with service level agreement(s), and overall quality and performance of work product
Collaborate, communicate and align with Director of Accounting to ensure a cohesive operating model across accounting functions
Assigns, supervises, and reviews the work of direct reports, staff and co-sourced vendors.
Develops individual and team goals, sets standards and conducts staff performance evaluations.
Drives Strategic Financial Initiatives: Leads the implementation of financial reporting and control initiatives aligned with organizational goals, ensuring robust compliance and operational efficiency across accounting functions.
Fosters a Culture of Continuous Improvement: Promotes financial integrity and accountability by developing frameworks that support ongoing process improvements and risk mitigation strategies across reporting, controls, and enterprise utilities.
Conducts and coordinates staff training and development.
Serve as a liaison between the accounting department and regulatory bodies, ensuring clear communication and adherence to all relevant financial and audit standards.
Support cross-functional teams by ensuring compliance considerations are integrated into all new initiatives, projects, and system implementations
This position will have the opportunity to be involved in cross functional projects and other activities that will drive the Authority forward in an efficient manner. This will include other duties as assigned by Accounting and Finance leadership.