Chief Financial Officer

September 18, 2023

Under general direction of the Executive Director, the Chief Financial Officer will direct and oversee the financial activities
of the housing authority, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth.

Please apply by September 29, 2023

• Oversees accounting department, budget preparation and audit functions.
• Performs the routine accounting work involved in the processing of Cash receipts for Subsidy payments from HUD or the Housing Authority.
• Directs the preparation of all financial statements, including income statements, balance sheets, tax returns and government agency reports.
• Review and Analyze resident subsidy schedules, Tenant Ledger, post, if necessary, to adjust Tenant Ledger to timely complete the deposit accounting to refund security deposits.
• Reviews planning process and suggests improvements to current methods.
• Review ACH file with other Finance Staff for NSF payments or return payments which are in legal status.
• Prepares Reports for month end and Reconcile Tenant Ledger to the General Ledger.
• Analyzes operations to identify areas in need of reorganization, downsizing or elimination.
• Studies long-range economic trends and projects their impact on future growth.
• Performs accounting functions in accordance with Governmental Accounting Standards Board (GASB) and Generally
Accepted Accounting Principles (GAAP).
• Maintains accounting records and files.
• Maintains and post general subsidiary ledgers, cash books and other financial records
• Assures HUD regulations are followed
• Performs all duties in accordance with all company policies
• Performs other related duties as assigned

• Complies with applicable job-related local, state, and federal regulations
• Meets or exceeds applicable job-related HUD performance standards particularly PHAS
• Responsible for safety while performing all facets of job and observes all Housing Authority safety procedures, as well
as all local, state, and federal safety laws and regulations
• Promotes positive customer relations
• Performs other duties as assigned

• Master’s Degree in Business Administration, accounting, finance, economics, from a four-year accredited college or university
• Two – five (2-5) years related accounting experience, public housing experience preferred
• CPA Required

• Knowledge of applicable national, state and local regulations, statues, policies and procedures regarding Low-Income Housing, or other housing type as determined by the department as the time of job posting
• Knowledge of GAAP and ability to clearly explain trends and meaning of financial data
• Organizational and problem-solving skills
• Demonstrated computer literacy including knowledge of Word, Excel, and related applications
• Ability to type 50 words per minute
• Ability to perform accurate mathematical functions
• Ability to write and proofread materials for accuracy
• Ability to multi-task and prioritize responsibilities.
• Ability to communicate and interact appropriately with the general public, applicants, residents and staff
• Ability to follow verbal and written instructions
• Ability to work effectively with others and work independently
• Analytical skills and problem-solving ability
• Customer relations skills
• Demonstrated attention to detail
• Demonstrated punctuality and reliability
• Ability to produce clear, accurate and timely reports

• Personal computer and peripherals
• Standard office equipment

• Requires availability to work beyond normal workday
• Work environment consists substantially of indoor office activities performed in a heated/air conditioned setting
• Position requires the need to walk, sit, and/or stand for extended periods of time
• Requires stooping, bending, crouching and/or reaching for files or tools
• Frequent repetitive hand movement (e.g. typing)
• May lift, carry and/or push up to 20 pounds
• Appointees will be required to possess a valid driver’s license and be insurable according to agency guidelines only if the
operation of a vehicle, rather than employee mobility, is necessary to perform essential duties of the position


This job description is subject to change and in no manner states or implies that these are the only duties and responsibilities to be performed. The qualifications listed above are guidelines, other combinations of education and experience that could provide the necessary knowledge, skills, and abilities to perform the job will be considered.

  • Location
    Chicago, IL
  • Schedule
  • Department
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