The Intergovernmental Risk Management Agency (IRMA) based out of Westchester, Illinois is seeking a responsive, strategic finance executive with a pragmatic approach to problem solving to join their dedicated leadership team as their next Finance Director. IRMA is a member-owned, self-governed public risk pool that exists solely to provide high-quality risk management services, claims administration and insurance coverage to public entities in Illinois. Founded in 1979, IRMA was the first municipal risk pool in Northeastern Illinois, and today, includes seventy-one (71) public entities. IRMA employees work in a flexible, independent, and progressive environment that is focused on providing exceptional services to their member communities. IRMA partners with these communities to manage and fund a comprehensive property, casualty, and workers’ compensation risk management program. IRMA offers long-term stability in pricing and membership, flexible deductibles, an exceptional in-house claims department, a litigation team of proven attorneys, and extensive consulting services. IRMA has 22 employees many who enjoy working remotely or with modified work hours.
The Finance Director reports to the Executive Director and is responsible for preparing the annual budget, oversees the accounting functions, managing cash flow needs, balancing investments, directing the audit process, coordinating with independent actuaries, and interacting with independent financial consultants to maintain IRMA’s investment portfolio. This position oversees all the HR functions, including payroll, health insurance, and other benefit plans. The finance director is also heavily involved with the claims management system, for both financial oversight and working with the claims data and communicating claim and financial information to IRMA’s members. This is a hands-on position.
Qualified individuals will be expected to have:
A minimum of seven (7) years of experience in accounting and/or finance management. Experience with self-insurance, public entity risk pooling, fund accounting, and/or other alternative financial programs is preferred.
A bachelor’s degree in finance, accounting, business, public administration, or a related field is required. A master’s degree in a related field and/or a CPA/CPFO is preferred.
Considerable experience in collaborating with executive leadership on new ideas and a desire to pursue modern management concepts, and who seeks innovative finance strategies/techniques to respond to Pool member needs.
Practice as a highly intelligent, pragmatic problem solver who will help identify solutions and manage processes to facilitate effective finance administration, procedures, policies, and programs.
Ability to think outside the box, be creative, and work independently.
An open, friendly personality and communication style that fosters enthusiasm and creativity; an individual who can establish trust quickly with others.
An experienced finance executive who is well versed in local government finance, who commands well-developed interpersonal and oral/written communication skills, comfortable with presenting complicated financial information using a variety of techniques and methods; and is a self-starter.
Directs a staff of two.
The salary range for this position is $150,000 +/- depending on qualifications and experience. Apply electronically with résumé, cover letter, and contact information for five (5) professional references by January 4, 2021 to Katy Rush or Rachel Skaggs, GovHR USA. www.GovHRjobs.com TEL: 847-380-3240.