Assistant Finance Director | Village of Lincolnwood

The Village of Lincolnwood is seeking a dedicated and detail-oriented professional to serve as its next Assistant Finance Director. Responsible for a variety of financial, analytical, and technical duties, this position plays a key role in the day-to-day administration of the Finance Department including supervising four employees within the department. The successful candidate will assist in overseeing the department’s accounting, budgeting, financial reporting, payroll, and procurement functions.

The Assistant Finance Director reports directly to the Finance Director and regularly interacts with other departments to ensure the seamless functioning of municipal financial operations. Lincolnwood is recognized by the Government Finance Officers Association (GFOA) for upholding the highest standards of governmental budgeting and financial transparency.

 Key Responsibilities:

• Assist in planning, organizing, and directing the operations of the Finance Department.
• Maintains and reconciles general ledger and all subsidiary ledgers in an accurate and proficient manner including preparing monthly financial reports.
• Supports Finance Director with the Village’s annual budget process and provides essential forecasting for revenues and expenditures. Assists operating departments in the administration of their approved budgets.
• Collaborates with departments in the preparation of the Capital Improvement Budget.
• Maintains and reconciles general ledger and all subsidiary ledgers in an accurate and proficient manner including preparing monthly financial reports.
• Manages the accounting and administration for the Village’s payroll, accounts payable and utility billing systems, including maintenance of data files, general ledger, and subsequent journal entries, prepares quarterly payroll tax returns, and W-2 reconciliation; ensures accurate submission of monthly payroll reports.
• Monitors collection of locally-imposed taxes and regularly follows up on delinquencies.
• Coordinate and assist with annual external audits and ensure timely resolution of audit findings.
• Oversees and coordinates preparation of annual financial data to be included in the Annual Comprehensive Financial Report (ACFR) and reports submitted to external users. These reports include the Annual Financial Report for the Comptroller’s office, the Annual Treasurer’s Report published in the local newspaper, annual Tax Increment Financing (TIF) reports, and annual grant reports.
• Ensures timely and accurate bank reconciliations are completed for all Village bank accounts; administers banking and banking-related service agreements.

Required Skills, Education, and Experience:

A Bachelor’s degree in public administration, accounting, finance, business, or a closely related field is required. A Master's degree is preferred. A minimum of five years of combined experience in accounting/financial management and supervisory roles. Demonstrated strong work ethic, excellent attention to detail, and the ability to provide exceptional customer service. Proven ability to provide effective leadership and maintain positive working relationships within the department. Experience in governmental accounting or public sector financial operations is preferred. A CPA license is preferred.

Hours and Compensation:

The salary range for this position is $115,829 to $162,160 with an anticipated starting salary of $140,000 +/- DOQ. The Assistant Finance Director is a full-time salaried exempt position. All applicants must be able to work 9:00 a.m. to 5:00 p.m., Monday through Friday.   

The Village of Lincolnwood offers a comprehensive and competitive benefits package that includes Blue Cross PPO and High Deductible Medical Coverage, Delta Dental PPO and HMO plans, life insurance, vision insurance, participation in the Illinois Municipal Retirement Fund (IMRF), paid sick, vacation and holidays, along with other benefits. Applicants can find the general description of benefits in the Summary of Benefits Document posted on the website.