The Village of Tinley Park has an exciting opportunity for a local government finance executive to serve as Finance Director for the Village of Tinley Park. The Village of Tinley Park is a vibrant, progressive community located in the fast-growing Interstate 80 corridor in southwest suburban Chicago. As the 25th largest city in Illinois and the 19th largest city in Metropolitan Chicago boasting a residential population of nearly 56,000 residents and nearly 1,000 businesses, this exceptional community possesses everything from a fun and lively Downtown district to flourishing residential neighborhoods to thriving corporate, commercial and entertainment centers, all tied together under Tinley Park’s Life Amplified brand.
The Finance Director will serve to implement policy objectives of the Village Board and provide strategic leadership to drive Village-wide initiatives that continually enhance the strong financial strength of the Village. Under the general direction of the Village Manager, this position will administer, direct, and control the Village’s fiscal and accounting operations, ensuring the proper recording of financial transactions, adequate safeguarding and investment of funds, and timely production of financial statements and reports. This is a professional position with direct supervisory responsibility for all fiscal operations including the development and continuous administration of the Village’s budget process, accounting system, revenue and expenditure management (including payroll), and annual audit process and reporting.
The Finance Director will function as treasurer for both the Village and the Police Pension Fund and will be responsible for financial planning and monitoring for the Village including preparation and deployment of the annual budget, long-term financial planning, annual appropriations, tax levy ordinances, overseeing preparation of the Annual Comprehensive Financial Report (ACFR) and attainment of professional recognition from GFOA. This position will direct and supervise Village accounting operations to include the interrelated work activities of recording and disbursement of cash receipts and expenditures, set department policy and accounting procedures within authorized parameters, standardize procedures to improve efficiency and effectiveness of departmental operations, and provide direction to staff as needed to comply with department standards. Oversee cash management practices of the Village including investments, debt administration, and banking operations and relationships, oversee the Village’s TIF Districts, work with Community Development and the Village Manager’s Office as it relates to financial incentives, act as the Village purchasing officer reviewing all agreements, contracts, deeds, easements, and other documents arising from departmental operations for compliance to the insurance, hold harmless, and indemnification standards. Establish and maintain internal control procedures and assures that State and National standard accounting procedures are practiced, assist external auditing agents in the review of municipal financial records, and demonstrate compliance and response to a variety of audits. In addition, this position oversees the implementation and continued maintenance of the central financial information system of the Village.
Many opportunities await the selected candidate as they will be starting during the FY2025 budget process and will also be tasked with overseeing the implementation of an updated ERP system. The Village will be moving from its current financial management system to a fully integrated ERP system with BS&A Software. In addition, the Village currently has a number of large development projects under way and the Finance Director will be an integral part of the team related to the financial analysis and financing of these projects. The Finance Director will also be asked with evaluating current internal processes to identify opportunities for improvements and streamlining.
Minimum Requirements: Bachelor’s degree in Accounting, Public or Business Administration, or a closely related field. A Master’s Degree is preferred. A minimum of ten (10) years of progressively responsible managerial experience in the field of Public Finance. Considerable experience in municipal financial management in Illinois is preferred. Certified Public Accountant designation is preferred.
The salary range for this position starts at $130,000 – $175,000. Target hiring range $150,000 -$170,000, DOQ plus a generous benefit package including health, dental, and vision benefits, employer-paid life insurance and other ancillary benefit options. Retirement benefits through the Illinois Municipal Retirement Fund (IMRF) are provided along with the option to participate in a 457(b) deferred compensation plan. The Village of Tinley Park also provides for paid vacation, personal days, and paid Village holidays.
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