Schaumburg, IL – Director of Finance

Schaumburg, IL (pop. 78,723) – The Village of Schaumburg is seeking applications for its Director of Finance to shape the fiscal health and long-term stability of a vibrant and thriving community. Schaumburg is an award-winning community located just 28 miles northwest of Chicago and is a haven of opportunity and growth. As a thriving hub of excellence, Schaumburg has it all. It’s a place where high-quality municipal services and economic development meet a myriad of cultural and recreational amenities. The current Finance Director is retiring after serving for 15 years in the position.

Schaumburg is a top-tier, full-service municipality staffed with professional employees who are expected to think strategically, be accessible and responsive, and to embrace change with the ability to develop and achieve annual goals. The organization benefits from stable and consistent elected and administrative leadership.

The Director of Finance is responsible for directing the Village’s financial operations in alignment with its mission, policies, and goals. This leader oversees and advances financial planning, budgeting, accounting, licensing, and water billing, while ensuring compliance, transparency, and responsible stewardship of public funds. The Director also serves as Treasurer for both Police and Fire public safety pension funds.

The Finance Director will leverage a strong and talented team, modern financial systems, and established policies to support departments across the organization. As a trusted advisor to executive leadership, the Finance Director provides clear, actionable financial insight and builds confidence among internal and external stakeholders.

The Director is appointed by the Village Manager. The Finance Department consists of 22 individuals, including an Assistant Director of Finance, Accounting Manager, and Financial Services Manager.

Top candidates will bring:

Advanced knowledge – a thorough understanding of principles and practices of governmental accounting.

Collaborative expertise – the talent to facilitate collaboration, integrating and solving problems to ensure both content and projects are meeting objectives and deadlines.

Customer-centric – experience working with internal and external stakeholders and the ability to establish and maintain relationships with a variety of individuals and organizations.

Dedicated Professionalism and Leadership – an individual who displays confidence, is honest, fair, and possesses integrity, who will be hard-working, creative, and ethical and who leads by example in a highly transparent organization.

Strong educational foundation and experience – A Master’s Degree in Accounting, Business Administration, Finance, Public Administration, or related field or the ability to obtain within three years. A minimum of five years of progressively responsible experience in public finance administration or related fields, preferably in a government setting. A minimum of five years of managerial experience coordinating a range of activities undertaken by others that involve directing, monitoring, and evaluating staff performance.

Certified Public Accountant (CPA) certification preferred.

The Village of Schaumburg offers a competitive hiring range of $194,964 to $212,868, with the potential for existing experienced public sector financial professionals to be hired up to the current salary range maximum of $230,773. This position is also provided with a comprehensive, competitive benefits package with coverage that begins on the first day of employment, including health, dental, vision, and life insurance, medical and dependent care flexible spending accounts, and a defined pension through the Illinois Municipal Retirement Fund. View more information about benefits and the salary range on the Village’s website . This position offers flexibility for life events where remote work can be utilized.

How to apply…

Apply online with a resume and cover letter by November 4, 2026 . Confidential inquiries are encouraged to learn more about this exciting opportunity by contacting Mark Peterson, Consultant with MGT, at (309) 825-5091.

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Application Deadline: November 4, 2026

Posted: 2026-10-16