Steve Lux

About Steve Lux

Certified Public Accountant (CPA) with 30+ years of experience in financial operations…

Experience

1. Chief Financial Officer

   Chicago Park District

   Jan 2013 — Present

   Lead the fiscal management of the Park District including the offices of Budget & Management, Comptroller, Financial Services, and Treasury.• Serve as Trustee for Park Employees\' and Retirement Board Employees’ Annuity/Benefit Fund. • Developed and implemented asset allocations, appointed asset managers and consultants. • Restructured the District’s investment portfolio to achieve a more diversified pool of investments yielding a greater return and entered into an Intergovernmental Agreement for transactional services.• Reduced the cost of healthcare by $.5 million annually via a self-insurance program.• Eliminated energy costs by 8% utilizing a wholesale arrangement by researching and securing more favorable rates.• Actively refunded debt obligations with savings exceeding $30 million and issued new debt for capital improvements.• Developed a program to improve boater relations of the District’s harbor system using various incentive programs. • Worked with the Comptroller’s Office to issue financial statements on a timely basis.• Participated in comprehensive labor negotiations with various labor union leaders and members.

Education

• University of Illinois at Urbana-Champaign

  B.S. in Accountancy

Skills

• Payroll
• Cpa
• Auditing
• Corporate Finance
• Financial Accounting
• Managerial Finance
• Risk Management
• Financial Analysis
• Accounting
• Financial Reporting
• Internal Audit
• Strategic Financial Planning
• Tax
• Us Gaap
• Cash Flow
• General Ledger
• Budgeting
• Gaap
• Management
• Due Diligence
• Internal Controls
• Financial Planning
• Cash Management
• Leadership
• Sarbanes-Oxley Act
• Budgets
• Finance