New

Financial Analyst

22nd Century Technologies, Inc.
Pay Rate: $17/Hourly on with
United States, Illinois, Chicago
Jul 25, 2025
Job Title: Financial Analyst Location: Chicago IL 60601 Duration: 06 Months will be Extended Pay Rate: $17/Hourly on with benefits Shift Timing (Day/ Evening/ Night): Day 9am-5pm, Monday-Friday Certifications: CFS or CFP certification required (completed within one year or earliest available date, whichever is later). Job Description: Assist the Manager - Portfolio Analysis in tracking and aggregating financial data portfolio-wide and preparing reports on demand with particular emphasis on data used in determining financial ratings and related components For troubled properties whether in the Portfolio Risk Management pipeline or not, acts as an additional resource to the property's assigned Financial Analyst ensuring there is a path to compliance and financial stability through increased analysis and communication Proactively tracks impactful financial compliance deficiencies and assists the property's assigned Financial Analyst when following up to ensure proper and timely resolution Suggests and implements proactive strategies as appropriate to resolve properties' financial issues Responsible for performing secondary reviews of several forms and documents handled by the Portfolio Analysis team ensuring adherence to policy, sound financial decision-making by properties, and protection of IHDA's interests. These forms and documents may include, but are not limited to: reserve withdrawal requests, (audited) financial statements, escrow analyses, operating budgets. Performs complex financial calculations based on owner/agent submissions as well as internal data to assess financial feasibility/viability and ensure compliance Participates in regular loan monitoring, watchlist, delinquency meetings as appropriate Plans, leads, and executes financial analysis projects related to the IHDA portfolio Ability to lead calls with clients/developers Ability to present using PowerPoint and tell the story to various levels of management for assigned projects. Education: Education: Bachelor's degree required, Master's degree preferred. Experience may be substituted for education at the discretion of the Asset Management department. Experience Requirement: Experience: At least 2 or more years' experience conducting financial analysis or fiscal monitoring for multifamily rental housing developments required. Experience with affordable housing preferred. Proficiency in Generally Accepted Accounting Principles (GAAP) and audit protocols desired. Knowledge of the following funding sources/programs desired: LIHTC, HOME, Section 8, Risk Share, Tax Exempt Bonds, and Illinois Affordable Housing Trust Fund preferred. Proficiency in Microsoft Office Suite required particularly advanced Excel, intermediate Word, and Power Point Training: Financial, financial compliance, risk management training required (completed within one year or earliest available date, whichever is later). Certifications: CFS certification required (completed within one year or earliest available date, whichever is later). Valid Driver's License: Yes. Access to Personal Vehicle: Not required. Frequency of Travel: Less than 5%, occasional visits to clients/developers, and perform training sessions off site and or participate in industry training opportunities as provided and approved by Management Physical Requirements: Alternating between sitting, standing, and walking. Ascending and descending stairs. Crouching and stooping. Pushing and pulling. Reaching overhead or below. Repetitive task movements (filing, keyboarding, copying). Lifting, carrying, and moving objects of up to 10 -15 pounds.