Director - Rptg, Int Ctrls & Ent Utils

About the role

The Director of Reporting, Internal Controls and Enterprise Utilities manages the Financial Reporting and Enterprise Utilities functions for the Illinois Housing Development Authority (IHDA). This role also includes direct responsibility for the Internal Controls environment.

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
• 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

Requirements

• Education: Bachelor’s degree in Accounting, Finance, or a related field (Master’s preferred)
• Experience: 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

Physical Requirements

• Alternating between sitting, standing, and walking
• Ascending and descending stairs
• Crouching and stooping
• Pushing and pulling
• Reaching overhead or below
• Repetitive task movements (filing, keyboarding, copying)
• Lifting, carrying, and moving objects of up to 10 -15 pounds

What we Offer

• Paid time off, plus paid holidays
• Hybrid work arrangement, but candidates must reside in Illinois at time of hire
• 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
• Salary range: $156,708.58 - $195,885.72
• Must be a resident of Illinois or willing to relocate
• Flexible scheduling is available, upon completion of a six-month probationary period
• EEO