U46 names its new CFO August 10th, 2009
Former VP at college in McHenry Co.
ELGIN — Ronald Ally is taking over the reins as the new chief financial officer for Elgin School District U46.
He will replace John Prince, who left the district July 1. Ally begins next week.
After an extensive review process, U46 Superintendent Jose M. Torres said the district agreed that Ally “clearly has the knowledge and experience” for the job.
Since 2000, Ally has served as the vice president for administrative services and treasurer for McHenry County College in Crystal Lake. While at MCC, he increased the general fund reserves, coordinated restructuring of long-term debt, led the insurance advisory committee, prepared the college’s first comprehensive annual financial report, and has served on several negotiating teams.
Prior to that position, Ally worked for the College of DuPage as the director of financial affairs, where he was responsible for accounting, payroll, accounts payable and receivable, and maintained all ledgers and records.
Ally has several professional affiliations, including the Illinois Community College Board Finance Advisory Committee, American Institute of Certified Public Accountants, Illinois CPA Society, National Association of College and University Business Officials, Association of School Business Officials International and Illinois Association of School Business Officials.
He earned a bachelor’s degree in accounting from Elmhurst College and a master’s degree in education with a major in school business management, an educational specialist degree with a major in educational administration and a doctorate in educational administration from Northern Illinois University in DeKalb.