Vice President & CFO, 3CDC (Cincinnati Center City Development Corporation) - Cincinnatti, OH

Vice President & CFO

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Company:3CDC (Cincinnati Center City Development Corporation)

Location:Cincinnati, OH

Date Posted:September 28, 2015

Organizational Overview:

3CDC is a private, non-profit, full-service, real estate development and finance organization focused on revitalizing Cincinnati’s urban core in partnership with the City of Cincinnati and the Cincinnati corporate community.  3CDC’s work is specifically focused on the Central Business District and in the Over-the-Rhine neighborhood.  3CDC invests in and develops residential, office and retail properties, parking facilities and civic spaces.  3CDC also manages multiple real estate assets and provides event production services and management for two major civic spaces-Fountain Square and Washington Park.  With an annual operating budget of $6.2 million, 3CDC has a staff of 60 full time and 70 part-time employees engaged in real estate development, asset management, event production, civic space operations, marketing, public relations, fundraising, finance and accounting.  To date, 3CDC has invested in real estate projects totaling over $850 million.  In addition, 3CDC manages 22 assets with annual operating revenues totaling $20 million. 

3CDC also manages The Cincinnati Equity Fund and the Cincinnati New Markets Fund (the Funds). These investment funds, totaling $155 million, provide necessary financial capital to 3CDC’s development projects.

Position Summary:

The Vice President and Chief Financial Officer (CFO) has the overall responsibility for the financial and administrative functions of the organization.  The CFO’s broad responsibilities include budget development and management, accounting and reporting, audit management and oversight, internal controls, tax compliance, capital management, loan portfolio management, real estate finance and underwriting, human resources, risk management, information technology and administrative functions.  Approximately 20 staff positions are dedicated to support 3CDC’s finance and administrative functions.  The CFO will work directly with the CEO and the Executive Vice President of Development (EVP) in structuring the organization’s strategic direction as well as annual work plans and budgets.

Position Responsibilities:

The position’s responsibilities include, but are not necessarily limited to:

• Developing and managing the operating budgets for 3CDC, CEF I and CEF II and CNMF (and related subsidiaries)
• In conjunction with the asset management staff, developing and maintaining operating budgets for 3CDC held assets
• In conjunction with the development staff, developing and implementing (including draws/payment processes) financing structures for real estate projects
• Establishing accounting and reporting procedures for 3CDC and the Funds’ operating budgets as well as for the 3CDC-held assets
• Overseeing loan servicing and management for the Funds’ portfolio including risk analysis
• Establishing performance metrics for 3CDC investments
• Managing the audit functions for 3CDC and the Funds
• Procuring and maintaining information technology that will provide for efficient financial transactions and reporting
• Managing 3CDC’s human resource functions to ensure effective recruitment of talent, employee well-being and fair and accurate evaluation of performance
• Developing and implementing procedures for ensuring compliance with IRS regulations pertaining to 3CDC’s 501(c)3 tax status and for-profit Funds
• Overseeing 3CDC’s risk management functions
• Supporting CEO and EVP in structuring real estate transactions and in the management of capital resources

Position Qualifications:

• Demonstrated skills and knowledge of accounting, budgeting, real estate finance, internal controls and administrative functions 
• Strong research skills related to technical issues on transactions in terms of the internal revenue code and/or generally accepted accounting principles
• Demonstrated ability to gain a strong working knowledge of 3CDC’s mission and ongoing development activities and to effectively articulate such activities in a verbal and written form
• Strong attention to detail and excellent organizational skills and work habits
• Solid time management skills; ability to handle multiple projects, meet deadlines, and function independently and efficiently in a fast-paced environment
• Experience in problem solving with ability to recognize issues and deal with them directly
• Personable, positive, and enthusiastic attitude with capability to deal effectively with people (both internal and external)
• Excellent oral and written communications skills
• Ability to work in a team setting supporting several people
• Ability to make formal presentations in Board of Directors and Committee meetings

Work Experience and Educational Requirements:

• Minimum of 8 years of directly related experience in a leadership position within a public or private organization in accounting and finance
• Both public accounting and private company experience preferred
• Active CPA license
• Bachelors Degree (or equivalent) from an accredited college or university in accounting or related degree program is preferred
• Graduate degree in a similar field is desired

Assistant Finance Director, Village of Carpentersville - Carpentersville, IL

Assistant Finance Director | Village of Carpentersville
POSTED ON SEP 2, 2014 AND WILL REMAIN OPEN UNTIL FILLED.

The Village of Carpentersville, Illinois, population of approximately 38,000, a full-service community located in northeastern Kane County, Illinois, approximately 30 miles northwest of Chicago, seeks an Assistant Finance Director. This position has primary responsibility for analytically examining the Village accounting system's output to help determine if the Village could be more effectively spending or investing its funds or could more efficiently handle its revenue collection functions. This position also exercises direct supervisory responsibility over Finance Department accounting staff members and is involved in the planning, organizing, coordination, and direction of the Village's financial activities. Position duties will also include the completion of a variety of special assignments as assigned by the Finance Director. This position functions under the direct supervision of the Finance Director, who reviews work for results obtained and for general conformance with departmental policies and objectives through discussions and analysis of the quality and insight of reports and recommendations. Candidates should have a bachelor’s degree in finance, accounting, public administration, business, economics or a related field. Master’s Degree, CPA, or CPFO a plus. Candidates must have at least three years of experience in public sector accounting or closely related field. The successful candidate will be a highly collaborative, experienced individual with a proven track record of progressive fiscal management, with the ability to work collaboratively with department staff on the Village’s financial strategies. Annual salary range for this position is $72,207 - $98,264 +/- DOQ.

LOCATION:

1200 LW Besinger Drive
Carpentersville, IL 60110
United States

HOW TO APPLY:

Submit résumé, cover letter and contact information for three work-related references to Sean McGovern, Assistant to the Village Manager, Village of Carpentersville, 1200 L.W. Besinger Drive, Carpentersville, Illinois 60110, or smcgovern@vil.carpentersville.il.us. Position is open until filled. The Village of Carpentersville offers a competitive benefits’ package and is an Equal Opportunity Employer.

Assistant Finance Director, Village of Glen Ellyn - Glen Ellyn, IL

Assistant Finance Director | Village of Glen Ellyn
POSTED ON OCT 3, 2014 AND WILL REMAIN OPEN UNTIL FILLED.

DESCRIPTION: The job duties of the position include, but are not limited to, assisting the Finance Director in managing the day-to-day operations of the Department, overseeing the cashier, utility billing, accounts payable, customer service, and payroll operations. Position ensures proper recording of all Village financial transactions; supervises and develops highly effective work teams; and provides excellent customer service to residents. Position serves as an integral member of the Village’s budget team, and also produces and distributes timely financial and statistical reports; completes the Village’s Comprehensive Annual Finance Report (CAFR), and coordinates the Village’s application for the GFOA awards. The incumbent acts as the Finance Director in her/his absence. ESSENTIAL FUNCTIONS: • Assist the Finance Director in managing the day-to-day operations of the Finance Department; act as the Finance Director in her/his absence. • Assume full responsibility for directing the effective operations of the utility billing, accounts payable/receivable, customer service, and payroll functions of the Finance Department. • Responsible for coordinating and overseeing the Village’s health insurance and liability insurance programs. • Ensure the integrity of data channeled into the financial accounting system through the cash receipts, cash disbursements, budget entries, and general journal cycles. • Responsible for the preparation of the monthly financial statements and quarterly Village Board financial reports; perform detailed account analysis and prepare complex financial models and reports, as needed. • Assume full responsibility for the timely completion of the Village and Glenbard Wastewater Authority annual audit process, and the Village’s application for the associated GFOA award programs. • Participate as an integral member of the Village budget team; assists Finance Director and other Department Heads with budget information requests and reports; assists with completing the final budget document. • Participate in the development and implementation of Department goals, objectives, policies and priorities. • Assist with developing and implementing departmental operating policies and procedures, and strong internal controls. • Respond to customer complaints by providing swift and effective resolution to issues as they arise. • Direct, schedule, and assign work to designated personnel. • Participate in the selection, training, motivation and evaluation of personnel; provide or coordinate team training; work with team members to correct deficiencies; implement corrective disciplinary measures, as needed. • Represent the Finance Department to other Village departments, elected officials, outside agencies and the general public; explain, justify and defend programs, policies, and activities; and negotiate and resolve sensitive, significant, and controversial issues. • Participate on a variety of boards and committees; attend and participate in professional meetings; provide staff support and serve as a liaison to various commissions, which include determining and producing agendas, providing research, and developing actions items. QUALIFICATION REQUIREMENTS: Candidates applying for this position must possess a Bachelor’s degree in Finance, Accounting, Business, or Public Administration. A Certified Public Accountant (CPA) or advanced degree is preferred. A minimum of four (4) years of increasingly responsible experience in accounting and finance, including at least two (2) years of supervisory experience, is required. Public accounting experience is preferred. The Village is seeking candidates who are self-starters, and possess the ability to communicate effectively with a variety of stakeholders (e.g. residents, employees, senior management, and elected officials). Position requires individuals who can communicate effectively in both written and verbal form. The preferred candidate must be able to demonstrate proven ability to think quickly on his/her feet, and be able to use good judgment in effectively defining and solving problems. Must also be able to tactfully take control of a situation, and also be able to effectively delegate and prioritize work to staff members. Successful candidates will possess the ability to perform complex mathematical calculations, and be able to prepare and monitor budgets, audits, and various financial reports. Previous public speaking/presentation experience is desirable. The successful candidate will be able to demonstrate previous experience using enterprise financial/accounting software systems; prior experience using Munis (Tyler Technlogies) would be ideal. Candidates must be computer savvy, and have excellent MS Office software skills (e.g. Word, Excel, Outlook, and PowerPoint). The Village’s normal hours of operation are 8:00 a.m. to 4:30 p.m. Monday through Friday. Additional hours will be required, as needed, for early morning and evening meetings, including Village Board and Finance Commission meetings. SALARY/BENEFITS: The pay offered for this full-time, exempt position is $73,549-$92,664 DOQ, with excellent fringe benefits.

LOCATION:

535 Duane St
Glen Ellyn, IL 60137
United States

HOW TO APPLY:

1. Interested candidates should submit a resume and cover letter to vgeresume@glenellyninfo.org. Hard copies (faxed, mailed, hand-delivered) of resumes will be declined.
2. Applicants must indicate (Job ID: #26-14 Asst. Finance Director) in the subject line of their e-mail.
3. The selected finalist will be required to successfully pass a pre-employment criminal background check, reference check, and post offer medical physical with a drug screening.
4. The position is open until filled; however, first review of applications will begin on October 20, 2014 at 5:00 p.m.

Candidates requiring reasonable accommodations under the Americans with Disabilities Act should contact Human Resources at 630-469-5000. The Village of Glen Ellyn is an Equal Opportunity Employer.