Job Description
Full job description
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.
