The City of North Chicago is pleased to announce the recruitment and selection process for a Comptroller, Director of Finance.
The current salary range for the position is $101,150.00 - $122,522.00/DOQ.
The City of North Chicago is seeking a team-oriented professional with a successful financial or accounting track record based on collaboration with internal and external stakeholders. This person must have excellent management and interpersonal skills.
The Comptroller works closely with all Department Directors, and reports to the Mayor and Chief of Staff. The Comptroller is an integral part of the executive management team participating in key decisions regarding capital planning, long and short term revenue and expenditure strategies, budget development and administration, and all policies affecting the overall fiscal health for the City of North Chicago.
The essential functions of the Comptroller position include directing the financial operations of the City, plans, develops, implements, and evaluates financial activities. The Comptroller’s position also prepares financial statements, budgets, cash flow management, and manages the annual audit process. Recommends and implements improvements to the budgeting process through education of department managers on the financial issues impacting department budgets.
The Comptroller is responsible to maintain a reliable cash flow projection process and reporting mechanism to assure compliance with required cash/fund balance thresholds including periodic determination of minimum cash operating needs. The Comptroller prepares annual budget, appropriation ordinance, tax levy ordinances and other related fiscal ordinances; develops Capital Improvement Bond program and presents to Elected Officials; prepares necessary information and documents for sales of bonds; assists with annual City audit, provides necessary information to City's auditing firm; supervises daily administration of payroll, accounts payable and revenue collection.
The Comptroller attends City Council meetings and various committee meetings to provide financial input. The Comptroller also needs to demonstrate effective analytical and communication skills by preparing complete and accurate records, reports, and presentations, both verbal and written.
Education Requirements: Minimum of a Bachelor Degree in Accounting, or financially related field, from an accredited institution. A Certified Public Accountant (CPA) certification or MBA is preferred. Ten (10) years of progressively responsible administrative management experience in accounting with five (5) years in a municipal finance management setting is required. The successful candidate will be a highly collaborative, with a proven track record in progressive fiscal management, with the ability to work closely with elected officials and department heads on the City’s financial strategies.
Additional Salary Information: Benefits Package: The benefits package includes medical, and employer paid dental, vision & life insurance, paid sick, personal & vacation time and participation in the Illinois Municipal Retirement Fund (IMRF) pension program. The City of North Chicago is an Equal Opportunity Employer.
North Chicago is located in Lake County, IL with a of approximately 32,574 residents. North Chicago hosts the Great Lakes Naval Training Center and the headquarters of Abbott Laboratories and AbbVie. North Chicago is also home to Rosalind Franklin University of Medicine and Science, which houses the Chicago Medical School.
The City of North Chicago has over 200 employees whose commitment cons...istently makes North Chicago a remarkable place to work. The City of North Chicago currently has a job opportunity for Chief Financial Officer that is responsible for directing fiscal accounting, payroll administration, accounts payable, revenue collection and all accounting functions of the City. The Chief Financial Officer works closely with Directors from various departments within the City, including the Mayor, Chief of Staff and elected officials regarding budgetary and financial reporting.