Sr Fin Analyst, Financial Reporting & Analy

Illinois Housing DevelopmentChicago, IL
$69,488 - $86,860Hybrid

About The Position

The Senior Financial Analyst is a motivated, team-oriented individual who provides exceptional support to the Authority in the areas of financial accounting and reporting. Under the supervision of the Supervisor of Proprietary Reporting & Analysis, the incumbent is responsible for analyzing general ledger activity, reconciling balance sheet accounts, preparing/reviewing and approving journal entries, developing and issuing financial reports, and supporting closing processes. The incumbent will support annual audits and reviews for their areas of responsibility, including the preparation of audit schedules/reports.

Requirements

  • A minimum of a bachelor’s degree in accounting or finance is required.
  • 4 - 6 years of experience in general accounting. Experience should reflect increasing levels of experience with a growth in responsibilities.
  • Proficiency with ERP systems (Oracle, SAP, etc.)
  • Advanced proficiency with Excel (macros, pivot tables, advanced formulas)
  • Foundational data management knowledge.
  • Process design and an ability to identify and drive process improvements.
  • Strong written and oral communication skills, including experience creating management presentations.
  • Keen attention to detail, along with solid organizational and analytical skills.
  • Must be a resident of Illinois or willing to relocate.

Nice To Haves

  • A Master’s degree in Accountancy, an MBA and/or a CPA is preferred, though not required.
  • Experience working with multiple subledgers and product processors, outside of a general ledger, is a plus.

Responsibilities

  • Prepare timely and accurate reconciliations of assigned general ledger accounts, including related journal entries and associated financial analysis
  • Support timely and accurate monthly, quarterly, and year-end financial close processes
  • Lead the full scope of loan accounting for single family and multifamily loan products
  • Prepare and review loan loss reserves, including validation of information provided by business partners, along with the preparation of associated reporting schedules
  • Lead the preparation and filing of quarterly and periodic reports with the State Comptroller
  • Analyze bond fund operating results and perform general ledger account analysis
  • Prepare and review schedules and journal entries for bond related amortizations
  • Prepare and review audit schedules and year-end audit deliverables to support the annual audit process
  • Assist in development and administration of policies and procedures in accordance with respective accounting pronouncements, as applicable
  • Support financial and management reporting as requested
  • Other duties and projects assigned by the Controller and Deputy Controller

Benefits

  • Paid time off, plus paid holidays
  • Medical/dental/vision/life insurance plans
  • Short/long term disability
  • Tuition reimbursement
  • Flex spending
  • 401K plan – immediate vesting
  • IHDA employees may be eligible for federal loan forgiveness programs
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