DIRECTOR OF FINANCE

Company:  City of Chicago
Location: Chicago
Closing Date: 26/10/2024
Salary: £200 - £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Number: 403599

Description


JOB ANNOUNCEMENT


DIRECTOR OF FINANCE


DEPARTMENT OF PLANNING & DEVELOPMENT

Bureau of Finance


Number of Positions: 1


Starting Salary: $118,128.00 – $133,524.00


Applications for this position will be accepted until 11:59pm CST on 11/07/2024


Under direction, in a managerial nature, the Director of Finance manages and oversees the financial, accounting, budgetary, grant, and contract administration operations for both the department of Planning and Development (DPD) and the Department of Housing (DOH), and performs related duties as required.


ESSENTIAL DUTIES

  • Plans and directs the work of professional staff engaged in managing, analyzing, and reporting on financial matters (e.g., economic data, procurement and contracting processes, revenues and disbursements, long-term debt payments, fund investments, cost allocation) for DPD and DOH
  • Directs the development and implementation of policies and procedures to ensure sound fiscal management and operational efficiency
  • Directs the accounts payable and revenue management functions for both departments
  • Oversees the development of internal accounting procedures to improve financial reporting of department receipts and expenditures
  • Participates in annual city-wide audits, including the Tax Increment Finance (TIF) report and Single-Audit Review
  • Directs and participates in the design and implementation of new computerized accounting systems to improve the effectiveness of financial reporting
  • Directs the costing of proposed of expanded programs and the preparation of related reports
  • Approves program and operational budgets and amendments for appropriateness of funding
  • Directs the financial management and operations of Federal, State, and local grants including cost allocation and personnel time tracking and activity reporting systems
  • Monitors expenditures from grant, revenue, and TIF funds, ensuring spending practices are in compliance with contract provisions and government regulations
  • Authorizes spending adjustments and fund re-allocations to ensure funding availability
  • Establishes and implements internal auditing systems and financial controls to ensure the appropriate use of funding
  • Directs and authorizes the preparation of fiscal reports summarizing and forecasting the department’s financial position
  • Functions as departmental liaison on financial-related issues to the Office of Budget Management, City Comptroller’s Office, Department of Procurement Services, and government and delegate agencies
  • Makes staffing-related decisions (e.g., hiring plans, work scheduling, labor/employee relations)

Additional duties may be required for this position


Location: City Hall, 10th Floor

Days: Monday – Friday (occasional Saturday’s will be required)

Hours: 8:30am – 4:30pm (start time is flexible but additional hours will be required)


THIS POSITION IS EXEMPT FROM THE CAREER SERVICE

Qualifications


MINIMUM QUALIFICATIONS

  • Graduation from an accredited college or university with a Bachelor’s degree in Accounting, Finance, or a directly related field with 15 semester hours in Accounting or Finance, plus five (5) years of professional financial management experience of which four (4) years are in a supervisory role related to the responsibilities of the position, OR
  • Graduation from an accredited college or university with a Master’s degree in Accounting, Finance, or a directly related field with 15 semester hours in Accounting or Finance, plus four (4) years of professional financial management experience of which four (4) years are in a supervisory role related to the responsibilities of the position

SELECTION REQUIREMENTS

This position requires applicants to complete an interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position will be selected.


APPLICATION EVALUATION: Initial evaluation will be based on the information provided on the application and the documents submitted. Department of Human Resources staff will review applications after the final posting date. Staff will follow all required employment/hiring plan provisions, federal, state, and local laws, and collective bargaining agreements when applicable. Staff will apply hiring preferences as required by the municipal code. Placement on an eligibility list is not an offer or guarantee of an interview nor employment with the City of Chicago


COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience, the City of Chicago has adopted ordinances 2-74-020 and 2-74-075. The ordinances provide a preference to applicants who meet the minimum qualifications and who are veterans of the Armed Forces of the United States, residents of Socio-Economically Disadvantaged Areas (SEDA), and/or Chicago Public School (CPS) high school graduates. These hiring preferences do not apply to bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. The learn more about our hiring processes click here.

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.


The City of Chicago in an Equal Employment Opportunity and Military Friendly Employer.


City of Chicago

Brandon Johnson, Mayor

Job Posting : Oct 17, 2024, 12:00:00 AM | Closing Date (Period for Applying) - External : Nov 7, 2024, 11:59:00 PM

BU : 00 | Salary : $118,128.00 - $133,524.00 Pay Basis : Yearly

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