Job Description 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. Certificates/Security Clearances/Other THIS POSITION IS EXEMPT FROM THE CAREER SERVICE LOCATION: City Hall, 10th Floor, Chicago, IL Salary and Benefit Information: For more information regarding compensation with the City of Chicago, please visit: For more information regarding benefits please visit: COMMITMENT TO DIVERSITY: To further our commitment to hiring applicants with diverse experience the City of Chicago has adopted the following ordinances and 2-74-075. The ordinances provide a preference to applicants who meet minimum qualifications and who are veterans of the Armed Forces, and/or residents of Socio-Economically Disadvantaged Areas (SEDA) and/or Chicago Public School (CPS) high school graduates to be referred to departments for consideration. These hiring preferences do not apply to bidders, as Collective Bargaining Agreements define the hiring process for bidders. For positions covered by a collective bargaining agreement, bidders will be considered before external candidates. Employee Vaccination Requirement: City of Chicago employees must, as a condition of employment, be fully vaccinated against COVID-19 effective October 15, 2021. This Policy applies to all City employees. If you are not able to receive the vaccine for medical or religious reasons, you may seek approval for an exemption in accordance with applicable City processes. For more information on the vaccine policy please visit: 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. Additional Qualifications/Responsibilities 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
Job Title
Director of Finance - Dept. of Planning & Development