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Assistant Director - Financial Planning & Analysis - Job Opportunity at Illinois Housing Development Authority

Chicago, US
Full-time
Senior
Posted: February 25, 2025
Hybrid
USD 111,504 - 139,380 per year

Benefits

Comprehensive healthcare package including medical, dental, and vision with HSA/FSA options
Robust retirement planning with immediate 401(k) vesting
Federal loan forgiveness eligibility
Professional development support with tuition reimbursement
Work-life balance focused benefits including hybrid work arrangement
Generous PTO and holiday package
Family-oriented benefits including parental leave and bereavement leave
Career advancement support through professional development programs
Employee wellness programs including EAP

Key Responsibilities

Lead strategic financial planning initiatives for a major state housing finance agency
Drive organizational budget development and management exceeding $1B in assets
Develop and maintain sophisticated financial models for enterprise-wide forecasting
Provide executive-level decision support through scenario analysis and financial insights
Manage financial analyst team and oversee departmental operations
Ensure regulatory compliance and financial control effectiveness
Direct cross-functional collaboration for financial strategy implementation
Lead process automation and technological advancement initiatives
Oversee program performance analysis and impact assessment

Requirements

Education

Bachelor's degree in accounting, finance, or related field required; Master's degree preferred

Experience

Minimum of 7 years proven experience in financial modeling, financial planning, budgeting, analysis, and forecasting, with a minimum of 3 years in a leadership role

Required Skills

Advanced proficiency in Microsoft products Expert level Excel skills Power BI or Tableau expertise Oracle ERP system experience Advanced analytical techniques Strong communication and presentation abilities Strategic thinking and leadership skills Project management capabilities Process automation expertise
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Sauge AI Market Intelligence

Industry Trends

Housing finance agencies are experiencing increased demand due to nationwide affordable housing challenges Digital transformation in financial planning and analysis is driving need for advanced technical skills Growing emphasis on data-driven decision making in public sector financial management Increased focus on sustainable and social impact finance in housing sector

Salary Evaluation

The offered salary range aligns with market expectations for senior financial roles in public sector organizations, reflecting the position's strategic importance and required expertise

Role Significance

Likely managing a team of 3-5 financial analysts based on organization size and scope
Senior leadership position with significant influence on organizational strategy and financial direction

Key Projects

Annual budget development and management for multi-billion dollar organization Strategic financial modeling and forecasting for housing programs Process automation and efficiency improvement initiatives Financial impact analysis of new housing programs and policies

Success Factors

Strong leadership abilities combined with technical financial expertise Ability to translate complex financial concepts for non-financial stakeholders Experience in public sector or housing finance Advanced analytical and modeling capabilities Change management and process improvement skills

Market Demand

High demand position due to increasing complexity of housing finance and need for sophisticated financial planning in public sector organizations

Important Skills

Critical Skills

Financial modeling and forecasting expertise for complex housing programs Strategic planning and analysis capabilities Team leadership and development skills Advanced technical proficiency in financial systems and tools

Beneficial Skills

Housing finance industry knowledge Public sector experience Change management expertise Data visualization and storytelling abilities

Unique Aspects

Combination of public sector mission with sophisticated financial operations
Opportunity to impact state-wide housing policy and programs
Balance of strategic leadership and technical financial expertise
Direct influence on affordable housing initiatives

Career Growth

Typical progression to next level within 3-5 years based on performance and organizational growth

Potential Next Roles

Director of Finance Chief Financial Officer VP of Financial Planning & Analysis Treasury Director

Company Overview

Illinois Housing Development Authority

IHDA is a leading state housing finance agency with over 50 years of experience in affordable housing finance

One of the nation's preeminent housing finance agencies and among Illinois' top 10 financial institutions
Statewide impact with programs in every Illinois county
Mission-driven organization with focus on diversity, inclusion, and professional development
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