Mgr - Intrnl Cntrls, Compliance & Entrprse Ut

Overview

Manage AP, AR, payroll, internal controls, compliance, and audit functions.

Key Responsibilities

• audit prep
• internal controls
• payroll oversight
• month-end close
• accounts payable
• accounts receivable

Tasks

-Preparation and/or review of annual audit financial statements/schedules and year-end audit schedules (PBC’s). Assist with both internal and external audit requests. -Internal Controls & Compliance - Develop and implement internal control policies and risk assessment frameworks. Monitor financial compliance, ensuring adherence to established accounting policies. Lead efforts in audit preparation and manage external and internal auditor requests. Conduct internal control assessments, identifying risks and recommending mitigation strategies. -Maintain current policies and procedures for all processes. In addition, creation and maintenance of accounting policies and procedures related to accounting. -Payroll Oversight - Supervision of payroll summary journal entry recording, account funding, account reconciliation review and general ledger balances for areas of responsibility. -Manage accounting policies and processes to ensure alignment with program reporting requirements and related funding agreements. -Manage month-end close activities, including variance analysis for areas of responsibility. -Develop/implement/manage a Risk Control Self-Assessment (“RCSA”) /Managers Control Assessment (“MCA”) framework for the Accounting function. -Accounts Payable Oversight - Supervise and manage the AP team, ensuring timely processing of invoices and payments. Oversee the approval process, cash disbursements, and vendor management. Ensure compliance with procurement policies and vendor due diligence. Create/monitor AP performance metrics and implement process improvements. Oversee reconciliation of accounts payable and general ledger balances for areas of responsibility. -Proactively identify compliance risks across financial processes, taking action to mitigate vulnerabilities related to non-compliance. -Accounts Receivable Oversight – Supervise and manage the AR process, ensuring timely and accurate processing of AR invoices, reporting, account reconciliation review and general ledger balances. -Assist with annual budgeting process and preparation of schedules/reports/support as requested. -Identify continual process improvements to increase accuracy and efficiency of reporting tasks. Research GAAP and GASB literature to ensure compliance with current standards. -Analyze financial statements for discrepancies and other issues that should be further investigated. Completes timely audit follow-ups of outstanding findings and retests controls and processes to ensure action plans are complete and sustainable to prevent reoccurrence. Ensure timely audit follow-ups and remediation of findings. -Develop and document business processes and procedures to maintain and strengthen internal controls. Evaluate internal controls by conducting interviews, performing data analysis, and ensuring compliance with departmental and professional standards. -Manage general ledger balances and reconcile to sub-ledgers by applicable areas. -Additional oversight and supervision of the accounts payable, accounts receivable and payroll functions, including proper policies and procedures, internal controls, scheduling expenditures, recording accruals, analyzing variances and accurate financial reporting.

Requirements

• cpa
• mba
• excel
• audit
• problem solving
• team player

What You Bring

-Ability to balance multiple responsibilities and tasks, a team-player, work under pressure and meet time-sensitive deadlines. -Strong analytical, problem solving, and organizational skills required. -Internal Control, Audit experience and CPA or MBA preferred. -Strong Microsoft Office skills, especially Excel. -At least 7 to 10 years of experience in accounting and financial analysis with a minimum of 2 -5 years of supervisory experience in the financial reporting/general accounting area preferred. -Strong interpersonal, supervisory and customer service skills required. -Excellent verbal and written communication skills. -Willingness to work outside of normal business hours during monthly, quarterly and annual close to meet deadlines. -BA/BS in Accounting or Finance required. -Currently in a hybrid work arrangement, but candidates must reside in Illinois at time of hire

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Benefits

-Paid time off, plus paid holidays -Medical/dental/vision insurance plan -IHDA employees may be eligible for federal loan forgiveness programs -Tuition reimbursement -Short/long term disability, -Life insurance -Salary: $94,997 - $118,746 -401K plan – immediate vesting -Flex spending

About Illinois Housing Development Authority

-Founded to address the housing needs of low- and moderate-income families in Illinois. -Operates as a government agency focused on affordable housing, homeownership, and community development. -Provides financing, tax credits, and loan programs to support affordable housing projects. -Works closely with local governments, developers, and non-profit organizations to revitalize communities. -Offers a range of programs to help people achieve and maintain homeownership, including down payment assistance and foreclosure prevention. -Aims to increase the availability of affordable housing in both urban and rural areas across the state. -Plays a key role in funding and supporting the construction and renovation of affordable housing units. -In recent years, has worked to integrate more sustainable practices in housing projects, creating greener, more energy-efficient homes.

Sector Specialisms