POSITION SUMMARY

This position is responsible for developing, managing, and supporting a goals-based management system for the Agency that involves strategic planning and accountability for fiscal and managerial results; Agency-wide budget, resources management and financial management functions including program analysis and annual planning, budget formulation, preparation and execution; controls and systems for disbursements. The CFO provides data, advice and policy options to the CEO and senior management to assure that CHA programs and resources are managed with the same principles of integrity, customer service and effectiveness that contributes to the CHA mission.

DUTIES AND RESPONSIBILITIES

Oversight and direct supervision of the financial and budgetary functions of the Authority, with responsibility for managing a team of divisional department directors.
Operating and maintaining a coordinated financial management system to budget, collect, control, and properly account for annual operating and capital funds, as well as Housing Choice Voucher reimbursements and other miscellaneous revenue sources.
Preparing the Authority's annual budget, representing the CHA in the local, state, and federal appropriations processes, and monitoring budget performance over the fiscal year.
Borrowing on behalf of the Authority, collecting receipts, payments, and transactions for the CHA, and investing the CHA's funds in accordance with applicable local, state, and federal law and regulation.
Developing, implementing and monitoring the Authority's accounting policies and systems and producing the audited financial reports for oversight agencies.
Forecasting revenue for the Authority, developing fiscal impact statements for proposed legislation, and providing advice on economic development activities.
Establishes policy and directs oversight of Agency financial management personnel.
Controls the use of agency funds to ensure that they are expended in accordance with applicable laws and regulations.
Develops and maintains a strong internal control program and addresses material control weaknesses in the Authority.
Provides accurate, timely and comprehensive financial information to support management decisions and to ensure the successful completion of audits, budgets and related internal and external submissions.
Responsible for management and strategic direction of treasury/cash management, grant administration, and risk management activities and functions of the Authority.
Responsible for structuring taxable and tax -exempt financing to support the redevelopment goals of the Authority.
Shares responsibility with the Executive Office for oversight of the Internal Audit function.
Manages a team of department directors including Deputy Chief Financial Officer - Comptroller, Deputy Chief - Budget & Management, Deputy Chief – Internal Audit, Treasurer, Director – CHA Employee Pension.
Performs all other duties and projects as assigned.

QUALIFICATIONS

This position requires ten (10) years of progressively responsible experience as a senior financial executive. A bachelor’s degree in finance, accounting, or public administration with an emphasis on financial management required. An M.B.A. strongly preferred. Incumbent must be an energetic, forward-thinking and creative individual with high ethical standards and an appropriate professional image. Additional requirements include: strategic vision with sound technical skills, analytical ability, good judgment and strong operational focus; well organized and self-directed individual who is mature and a team player; intelligent and articulate with the ability to relate to people at all levels of an organization and possesses excellent communication skills.

This position is generally performed in an office with uniform temperatures. Travel to city, state, and federal agencies, as well as CHA developments is required as needed.

BENEFITS AT-A-GLANCE

Vacation, Sick and Personal, competitive PTO package
Medical (HMO, PPO, and No employee cost High-Deductible PPO) Dental, Vision, and Life Insurance
Short-Term and Long-Term Disability Insurance
Long-Term Care Insurance
Pet Insurance
Parking Transit
Prepaid Legal Services
Brightstar 529 College Savings Plan
Identity Theft Protection
Hospital Indemnity Insurance
Voluntary Critical Illness Insurance
Deferred Compensation Plan: Empower 457/401(a) with a 3% employer match
Pension Plan: CHA makes contributions on behalf of the employee, along with the employee's 3% contribution; 100% vesting occurs after 6 years of continuous employment or opt-out of CHA's Retirement Plan and continues to participate in the Municipal Employees Annuity and Benefit Fund of Chicago
Hybrid work schedule (position specific) This position may be eligible for remote work following a successful completion of a 90-day probationary period according to CHA’s established policies and procedures.

"Applications will be accepted for 30 days from the date of posting. However, the position may be closed at any point if a sufficient number of qualified applications are received.”

Salary Range: 200,000 – 210,000

Grade: S13

FLSA: Exempt

Union: None

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Chief Financial Officer