Controller

Housing Opportunity Development Corporation is a community-based nonprofit affordable housing developer and property manager whose mission is to develop, preserve, and manage affordable housing for low- and moderate-income households primarily in Chicago’s northern suburbs. Founded in 1983, HODC owns and manages a growing portfolio of over 30 affordable rental properties with over 600 apartments. Position: The organization is seeking a Controller to lead, manage, direct, and coordinate accounting, finance, and information technology for the organization and its subsidiaries. The position is responsible for the agency’s financial records and enhancing the agency's ability to effectively manage its funds and operate its rental properties through bookkeeping and accounting. The successful hire will provide hands-on expertise and financial leadership for a growing nonprofit. Basic Functions: The Controller is a hands-on leadership role responsible for performing and overseeing routine accounting and financial management for the organization. This individual will lead all financial elements of the organization, including day-to-day AP/AR, audits, budgeting, reporting, and regulatory compliance for all subsidiaries. This position is also responsible for applying business and IT knowledge to enhance and support our growing staff. Reporting directly to the Executive Director, this position will work with property management and facilities staff to support the organization’s affordable housing mission. Status: Full-time; salaried; reports to Executive Director. Responsibilities: Accounting/Finance 1. Daily: Enter financial transactions and maintain records for the agency and rental properties using Sage. 2. Daily: Use standard accounting and bookkeeping procedures to keep an accurate and continuous record of cash and financial position. 3. Daily: Oversee invoice processing, check deposits, data entry, account reconciliation, and records filing. 4. Accounting: Perform and oversee all accounting functions including payroll, AR, AP, general ledger entries, and financial statement preparation. 5. Finance: Develop and execute a financial management strategy and oversee finance, budgeting, forecasting, contracts, banking, and compliance. 6. Budgeting: Manage the annual budgeting process for operations and properties and develop financial forecasts. 7. Reporting: Track grants and donations. 8. Reporting: Manage and create internal and external financial reporting, including preparation of monthly, quarterly, and annual statements for the agency and funders. 9. Compliance: Ensure compliance with financial regulations and reporting requirements. 10. Audit: Facilitate audits for all subsidiaries and address any findings with actionable plans. 11. Cash: Manage cash flow and investment strategies to ensure financial stability. 12. Maintain the agency database. Leadership 1. Leadership: Serve as a member of the leadership team. 2. Management: Lead all aspects of financial oversight including accounting, auditing, budgeting, compliance, and reporting across the agency. 3. Staff: Supervise and mentor business office personnel, fostering professional development and high performance. 4. Goals: Collaborate with departments to align financial strategies with agency goals. 5. Culture: Promote a culture of accountability, transparency, and innovation. 6. Board: Interface with the elected Treasurer, Finance Committee, and Board of Directors. Operations 1. Information Technology: Oversee IT functioning by providing oversight, direction and coordination related to organization-wide technology planning and utilization, to include integration of information systems, voice and data networks, and telecommunications. 2. Recordkeeping: Direct procedures and systems necessary to maintain proper financial records and to ensure adequate accounting internal controls and services. 3. Reporting: Develop standards to measure financial performance and report results to senior management and the Board of Directors. 4. Controls: Create and oversee internal financial controls including reviewing, interpreting, and complying with federal and state regulations. Qualifications: • Experience: Minimum of 7-10 years of progressive experience in accounting and/or financial management with leadership role. • Education: Bachelor’s degree in finance, accounting, business administration, nonprofit management, or a related field; MBA or CPA preferred. • Excellent leadership, communication, and interpersonal skills. • Experience with Sage accounting software a plus. • Highly motivated and dependable; ability to work independently and take initiative. • Highly personable, energetic and creative. • Leader with hands-on approach to problem-solving. • Enthusiastic advocate for affordable housing. • Excellent verbal and written communication skills. • Strong computer and analytical skills. Working Conditions: This position operates in an office environment with potential hybrid. Occasional local travel for meetings, conferences, or site visits. May require periodic overtime. Salary: Commensurate with experience HODC IS AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER Job Type: Full-time Pay: $85,000.00 - $100,000.00 per year Benefits: • Dental insurance • Flexible schedule • Health insurance • Life insurance • Paid time off • Vision insurance Schedule: • Monday to Friday Experience: • Accounting: 7 years (Required) • Management: 3 years (Preferred) Work Location: In person