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Form of workSalary: $175,000.00 Annually
Location :Oak Park, IL
Job Type: Full-Time
Job Number: 00204
Job Classification: Finance
Opening Date: 01/26/2024
Job Description
First review of applications begins February 26, 2024.
Oak Park Village, IL (pop. 54,500) is a vibrant, welcoming community located in Cook County, nine miles west of downtown Chicago. The Village is seeking an experienced Chief Financial Officer to lead its finance department and serve as a key member of the executive leadership team.
The CFO has the primary responsibility for managing the Village's finances, including financial planning and analysis, budgeting, financial/accounting record keeping and reporting, decision support and analysis, and assessment and management of financial risks and emerging trends. In addition, the CFO is responsible for strategic planning, metric and data analysis, safety and risk management, procurement, and policy development. The CFO collaborates with the Village Manager, Executive Team members, and Village Board to develop, manage, implement, and continuously improve the organization's long-term financial plan to ensure fiscal sustainability resiliency, effective, efficient, and equitable service delivery.
Click here to view the recruitment brochure.
Opportunities for the CFO
• Evaluate the Finance Department operations, budget development and administration, financial management systems and supporting business applications, then formulate recommendations to enhance the overall effectiveness of all services and align these with established and approved Village goals.
• Spearhead the development and recommendations for financial strategies and plans to support implementation of a major, once in a generation public infrastructure and facility initiatives, which include the construction of a new Police Facility and redevelopment/or substantial renovation of the Village Hall.
• Lead, coordinate and oversee implementation of the Village Board's updated Goal of Community Affordability in partnership with the Village Manager, Executive Team members, and the Village Board.
• Lead Financial incentive framework, formal policy, and funding plan, to support effective implementation of the Village's updated vision and comprehensive plan for economic vitality that supports strategic growth of the Village's tax base.
• Anticipate and prepare the organization to meet emerging future challenges and trends.
• Build and maintain professional relationships across the organization that promotes candid data sharing, informed conversations and collaborative decision making as appropriate.
• Foster organizational accountability to commitments and deliverables. Monitor progress achieving budget objectives using the Financial Management Report, Strategy Maps, and metrics data.
• Continue the development of a Financial Planning and Analysis capability across the organization that provides financial analysis and decision support to the various operating organizations.
• Guide and lead the day-to-day activities of Accounting, Finance, Budget, Procurement and Safety/Risk Management.
Compensation and Benefits
Oak Park Village offers a market competitive total rewards package that includes a base salary of $175,000 (DOQ) and a comprehensive benefit package that includes participation in the Illinois Municipal Retirement Fund (IMRF), health and life insurance, vacation, sick leave, and other benefits including flexible working arrangements. Residency within Oak Park Village is strongly desired within 9 months of employment acceptance. Relocation assistance available.
Desired Qualifications
A bachelor's degree in finance, Business Administration, Public Administration or related field from an accredited college or university along with 8-10 years of progressively responsible senior management level experience in finance and accounting is required.
Special Instructions
First review of applications begins February 26, 2024.
Following the first review date, Baker Tilly will begin the classification of all applications based on the Village's established criteria as published in the recruitment brochure. Oak Park Village may invite select applicants for virtual or onsite interviews after a review of references, background, and academic verifications with applicant's authorization. For more information, email edward.williams@bakertilly or call (214) 842-6478.
Please consult the recruitment brochure for more information on the benefits available for this position.
01
Which statement below best describes the highest level of education you have completed?
02
What is the major concentration of the highest level of education you have earned?
03
Which of the following best represent the status of your Certified Public Accountant (CPA) License?
04
Which of the following best reflects your number of years of experience in finance and accounting?
05
Which of the following best reflects your total years of experience as a Director of Finance, Vice President of Finance, Assistant Director of Finance, Chief Financial Officer, or closely related position?
06
Which of the following represents the sector in which you earned your professional experience?
07
Which of the following best represents the population size of the community you serve or most recently served?
Required Question
Location :Oak Park, IL
Job Type: Full-Time
Job Number: 00204
Job Classification: Finance
Opening Date: 01/26/2024
Job Description
First review of applications begins February 26, 2024.
Oak Park Village, IL (pop. 54,500) is a vibrant, welcoming community located in Cook County, nine miles west of downtown Chicago. The Village is seeking an experienced Chief Financial Officer to lead its finance department and serve as a key member of the executive leadership team.
The CFO has the primary responsibility for managing the Village's finances, including financial planning and analysis, budgeting, financial/accounting record keeping and reporting, decision support and analysis, and assessment and management of financial risks and emerging trends. In addition, the CFO is responsible for strategic planning, metric and data analysis, safety and risk management, procurement, and policy development. The CFO collaborates with the Village Manager, Executive Team members, and Village Board to develop, manage, implement, and continuously improve the organization's long-term financial plan to ensure fiscal sustainability resiliency, effective, efficient, and equitable service delivery.
Click here to view the recruitment brochure.
Opportunities for the CFO
• Evaluate the Finance Department operations, budget development and administration, financial management systems and supporting business applications, then formulate recommendations to enhance the overall effectiveness of all services and align these with established and approved Village goals.
• Spearhead the development and recommendations for financial strategies and plans to support implementation of a major, once in a generation public infrastructure and facility initiatives, which include the construction of a new Police Facility and redevelopment/or substantial renovation of the Village Hall.
• Lead, coordinate and oversee implementation of the Village Board's updated Goal of Community Affordability in partnership with the Village Manager, Executive Team members, and the Village Board.
• Lead Financial incentive framework, formal policy, and funding plan, to support effective implementation of the Village's updated vision and comprehensive plan for economic vitality that supports strategic growth of the Village's tax base.
• Anticipate and prepare the organization to meet emerging future challenges and trends.
• Build and maintain professional relationships across the organization that promotes candid data sharing, informed conversations and collaborative decision making as appropriate.
• Foster organizational accountability to commitments and deliverables. Monitor progress achieving budget objectives using the Financial Management Report, Strategy Maps, and metrics data.
• Continue the development of a Financial Planning and Analysis capability across the organization that provides financial analysis and decision support to the various operating organizations.
• Guide and lead the day-to-day activities of Accounting, Finance, Budget, Procurement and Safety/Risk Management.
Compensation and Benefits
Oak Park Village offers a market competitive total rewards package that includes a base salary of $175,000 (DOQ) and a comprehensive benefit package that includes participation in the Illinois Municipal Retirement Fund (IMRF), health and life insurance, vacation, sick leave, and other benefits including flexible working arrangements. Residency within Oak Park Village is strongly desired within 9 months of employment acceptance. Relocation assistance available.
Desired Qualifications
A bachelor's degree in finance, Business Administration, Public Administration or related field from an accredited college or university along with 8-10 years of progressively responsible senior management level experience in finance and accounting is required.
Special Instructions
First review of applications begins February 26, 2024.
Following the first review date, Baker Tilly will begin the classification of all applications based on the Village's established criteria as published in the recruitment brochure. Oak Park Village may invite select applicants for virtual or onsite interviews after a review of references, background, and academic verifications with applicant's authorization. For more information, email edward.williams@bakertilly or call (214) 842-6478.
Please consult the recruitment brochure for more information on the benefits available for this position.
01
Which statement below best describes the highest level of education you have completed?
- High school graduate, diploma or the equivalent (GED)
- Associate degree
- Bachelor's degree
- Master's degree
- Ph.D., J.D., Ed. D. or similar
02
What is the major concentration of the highest level of education you have earned?
- Business Administration
- Public Administration
- Finance/Accounting
- Closely Related Field to the Above
- None of the above
03
Which of the following best represent the status of your Certified Public Accountant (CPA) License?
- I have a valid CPA License.
- I do not have a valid CPA License.
- My CPA Exam is pending.
- I have completed parts of the CPA License Exam.
- Not sure - N/A
04
Which of the following best reflects your number of years of experience in finance and accounting?
- 0 - 5 Years
- 6 - 7 Years
- 8 - 11 Years
- 12 - 14 Years
- 15+ Years
- N/A - No experience
05
Which of the following best reflects your total years of experience as a Director of Finance, Vice President of Finance, Assistant Director of Finance, Chief Financial Officer, or closely related position?
- Less than 2 Years
- 3 - 4 Years
- 5 - 8 Years
- 9 - 11 Years
- 12+ Years
- N/A - No experience as a Director of Finance, Vice President of Finance, Assistant Director of Finance, Chief Financial Officer, or closely related position
06
Which of the following represents the sector in which you earned your professional experience?
- Municipal Government
- County Government
- State Government
- Federal Government
- Educational Institution
- United States Armed Forces
- Private Sector
- Other
07
Which of the following best represents the population size of the community you serve or most recently served?
- Under 49,999 Residents
- 50,000 - 99,999
- 100,000 - 299,999
- 300,000 - 499,999
- Over 500,000 Residents
- N/A
Required Question
