Controller (Chicago)

• The Controller will oversee all accounting and financial reporting functions for a fraternal benefit
• organization operating under Illinois regulations. This role ensures financial integrity, regulatory
• compliance, and stewardship of member assets in alignment with the organization’s mission and values.

Key Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA strongly preferred)
• 7–10+ years of progressive accounting experience, with at least 3 years in a leadership role
• Experience with insurance, fraternal benefit societies, or regulated financial entities preferred
• Strong knowledge of statutory accounting principles (SAP) and GAAP
• Familiarity with Illinois Department of Insurance regulations and reporting requirements
• Proven ability to manage audits, financial statements, and internal controls
• Experience overseeing budgeting, forecasting, and investment accounting
• High level of integrity and ability to handle confidential financial and member data
• Strong leadership, communication, and team management skills

Preferred Qualifications

• Experience working with membership-based or nonprofit organizations
• Understanding of reserve accounting and actuarial coordination
• Proficiency in accounting systems and financial reporting tools (Sage, SOVOS)

Summary of Duties

• This role involves managing a combination of daily, weekly, monthly, quarterly, annual financial, payroll,
• and administrative tasks to ensure accurate accounting, reporting, and compliance.
• Daily and Weekly responsibilities include monitoring bank activity, analyzing cash positions, and
• reconciling disbursements with accounting systems. The role also involves processing payroll (bi-
• weekly), preparing related reports, handling annuity tax payments, and maintaining accurate records for
• claims, transfers, and employee benefit updates. Additional duties include reviewing bank safeguards
• (such as positive pay), managing stop payment requests, updating trust fund interest worksheets, and
• maintaining documentation for internal reporting.
• Monthly/Quarterly/Annual responsibilities focus heavily on financial reconciliation and reporting.
• These include processing pension payments, calculating and tracking annuity interest and investment
• activity, reconciling claims and bank accounts, and balancing payroll and investment accounts across
• multiple financial institutions. The role also requires preparing journal entries, trial balances, and
• financial reports, as well as verifying transactions such as voided checks and investment payments.
• Additional monthly tasks involve reviewing invoices, maintaining financial statements and records,
• coordinating with internal teams and external vendors, and ensuring all documentation is properly filed.
• The position also supports compliance and audit readiness by verifying data accuracy across systems
• and preparing required reports related to claims, taxes, and annuities.
• Overall, this role ensures the accuracy, integrity, and timely processing of financial and payroll operations
• while supporting broader accounting and reporting functions