Grade: 74
Position Number: XVPF-FIN810
Minimum Salary: Commensurate with experience

 

DESCRIPTION

The Chicago Housing Authority (CHA) is a Moving to Work (MTW) Agency and the largest owner of rental housing in the city of Chicago, providing homes to more than 50,000 families and individuals, while supporting healthy communities in neighborhoods all across the city. CHA has more than 9,200 apartments in buildings designated for seniors and over 11,400 units in family and other housing types. It also oversees the administration of 37,000 Housing Choice vouchers that allow low-income families to rent in the private market.

The EVP/CFO for the Chicago Housing Authority (CHA) is involved in the overall strategic planning, management and reporting of the financial resources of the Authority. This position will direct a team of leaders with responsibility for the following functions: budgeting, accounting, tax, audit, cash management, information technologies, procurement & compliance, human resources and insurance programs.

 

RESPONSIBILITES

Example of responsibilities of this job may include but are not limited to the following:

Operate and maintain 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.

Formulate and implement the CHA’s financial plans and policies.

Represent the CHA in the local, state and federal appropriations processes and monitor budget performance over the fiscal year.

Direct borrowing on behalf of the CHA, collect receipts, payments and transactions for the CHA and invest the CHA’s funds in accordance with applicable local, state and federal law and regulation.

Ensure the availability of funds needed to meet operating requirements and implement strategic plans.

Forecast revenue for the CHA, developing fiscal impact statements for proposed legislations and providing advice on economic development activities.

Develop and maintain a strong internal control program and address material control weaknesses in the Authority.

Analyze strategies and tactical business plans and determine short and long-term financial implications to meet operational requirements.

Direct the establishment and effective implementation of reliable accounting systems, controls, and records to assure meaningful financial reporting, planning, analysis, budgeting, and forecasting.

Responsible for assuring effective relationships within the financial community.

Direct compliance with financial reporting/disclosure statutes.

Direct Authority-wide operational and financial audits and compliance with all HUD and outside stakeholder financial reporting requirements.

Ensure that accurate, timely and comprehensive financial information is provided to support management decisions and to facilitate the successful completion of audits, budgets and related internal and external submissions.

Share responsibility with the Executive Office for the oversight of the Internal Audit function.

Direct the Authority’s risk management program.

Direct the appropriate utilization of information technology services throughout the Authority.

Direct the administration, practices and procedures of the procurement and contract compliance process for the Authority ensuring that procurements are timely and effective.

Oversee the cash flow of the Authority and establish and monitor implementation of cash management, investments, and pension fund investments.

Oversee the administration of Human Resource and training functions.

Ensure that IT strategy and policies are coordinated with strategic direction of Authority.

Provide written and oral presentations to CHA leadership, Board, regulatory bodies, and other stakeholders as necessary.

 
REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES: 
-       Knowledge of federal, state, city and HUD rules and regulations.
-       Knowledge of GASB financial accounting, reporting, and governmental budgeting.
-       Knowledge of supervisory and managerial techniques and principles.
-       Skill in managing large personnel teams.
-       Skill in establishing and maintaining effective working relationships across all levels of the organization.
-       Skill in resolving conflicts.
-       Ability to communicate effectively both verbally and in writing.
-       Ability to work with and coordinate within multiple divisions and inter- governmental structures.
-       Ability to develop, implement and administer goals, objectives and procedures  for providing effective and                 efficient operational improvements.

 

ADDITIONAL REQUIREMENTS:

A comprehensive knowledge of financial reporting and auditing practices, internal accounting controls, treasury, and tax matters, as well as comprehensive knowledge of mixed finance development financing strategies, experience with bond issue and financing, knowledge with procurement and contracts; considerable knowledge of automated accounting systems. The position will require comprehensive experience within Housing, Public Housing and Property Management industries and specific knowledge & experience with HUD funding programs and regulatory reporting requirements including but not limited to:  Section 8 Housing Choice Voucher program, Low Rent Public Housing, Capital and HOPE VI Grant Funding, and Mixed Income financing strategies.

Candidates must possess a CPA and a minimum of 10 years of progressive management experience in a governmental finance/accounting environment; an MBA is desirable.  Previous experience with a comparable position is preferred. This position requires computer literacy, effective mathematical, analytical and problem solving skills.

IN ADDITION TO THE ABOVE REQUIREMENTS, THE SUCCESSFUL CANDIDATE MUST BE ABLE TO PROVIDE EXAMPLES OF THEIR ABILITY TO:

-       Lead Change

-       Lead People

-       Drive Results

-       Build Coalitions

We are an equal employment opportunity employer and offer a comprehensive benefit package. Qualified candidates should forward their resumes with salary history to mjeffers@thecha.org.