What are the responsibilities and job description for the Chief Financial Officer (CFO) position at Housing Assistance?

Job Description

Salary : $165,000 - $205,000

Company Overview

Housing Assistance Corporation (HAC) is a nonprofit organization dedicated to strengthening Cape Cod and the Islands through housing solutions that create sustainable and thriving communities. Our work combines property development with impactful social service programs aimed at addressing homelessness, housing instability, and affordable housing needs. We seek a strategic and experienced Chief Financial Officer (CFO) to lead the financial management of both our property development initiatives and social service programs, ensuring long-term organizational sustainability and growth.

Job Overview

The CFO will oversee all financial aspects of HACs operations, with a focus on supporting our mission of creating affordable housing while delivering critical social services. This role combines expertise in nonprofit financial management, grant compliance, and fundraising with experience in property development financials, including budgeting, financing, and real estate transactions. The CFO will work closely with the CEO, senior leadership, and the Board of Directors to align financial strategy with HACs mission and goals.

Key Responsibilities

Financial Leadership and Strategic Planning

Develop and implement a comprehensive financial strategy that aligns with HACs mission and strategic goals.
Collaborate with the CEO and senior leadership to create financial plans that support both property development projects and social service programs.
Provide financial leadership, forecasting, and data-driven insights to guide organizational decision-making.
Regularly update and advise the Board of Directors on HACs financial performance and strategies.

Property Development Financial Management

Oversee financial operations for HACs affordable housing projects, including cost tracking, financial modeling, and profitability analysis.

Lead financial due diligence for real estate acquisitions and development feasibility studies.

Manage construction budgets, project financing (including debt and equity), and financial compliance for property development initiatives.

Work with development and property management teams to ensure efficient operations and maximize revenue generation.

Nonprofit and Social Services Financial Management

Manage financial operations for HACs social service programs, ensuring compliance with grants, government contracts, and donor requirements.

Oversee the preparation of grant budgets, proposals, and financial reports for funders.

Develop strategies to improve program cost efficiency and enhance funding stability.

Monitor the financial performance of programs to ensure alignment with social impact and financial sustainability goals.

Fundraising and Capital Financing

Partner with the Development and Philanthropy teams to secure funding through grants, private donations, and corporate sponsorships.

Lead efforts to secure capital financing for property development projects, including partnerships with financial institutions, investors, and public agencies.

Maintain strong relationships with funders, donors, and lenders to support both ongoing and future projects.

Risk Management and Compliance

Ensure compliance with all applicable financial regulations, including nonprofit accounting standards, audits, tax laws, and grant requirements.

Establish and maintain robust internal controls to safeguard HACs assets and ensure financial transparency. Proactively identify and mitigate financial risks across all areas of the organization.

Team Leadership and Development

Lead and mentor the finance team, fostering a culture of collaboration, accountability, and continuous improvement.

Build team capacity to manage complex financial operations across property development and nonprofit programs.

Support professional development for finance staff, aligning individual growth with organizational needs.

Stakeholder Engagement and Reporting

Provide accurate and timely financial reporting to the Board of Directors, funders, investors, and other stakeholders.

Prepare and present financial updates, including key performance indicators, cash flow forecasts, and budget performance reports.

Serve as a financial liaison for HACs partnerships with government agencies, community organizations, and donors.

Qualifications and Experience

Education :

Bachelors degree in Finance, Accounting, Business Administration, or a related field required.

MBA, CPA, or equivalent advanced qualification strongly preferred.

Required Experience :

10 years of progressive experience in financial leadership roles, with expertise in nonprofit and property development financial management.

Proven experience in managing grants, fundraising budgets, and compliance for social service programs.

Extensive knowledge of affordable housing development, including project budgeting, financing, and real estate transactions.

Experience managing diverse revenue streams, such as government grants, private donations, and real estate income.

Skills :

Strong financial modeling, budgeting, and reporting skills.

Deep knowledge of nonprofit accounting regulations, grant compliance, and fundraising strategies.

Leadership and team management capabilities, with excellent interpersonal and communication skills.

Strategic thinker with the ability to align financial planning with organizational goals.

Familiarity with financial systems and tools, including accounting software used by nonprofits and property development organizations.

Why Join HAC?

By joining HAC, you will contribute to life-changing work that provides affordable housing and strengthens our community. As CFO, you will have the unique opportunity to lead financial strategies that impact both housing development and social services, making a meaningful difference in the lives of individuals and families across Cape Cod and the Islands. At Housing Assistance Corporation, we know that our employees are at the heart of our success. Thats why we provide a supportive, flexible work environment and a generous benefits package, including :

Flexible Work Environment to support your work-life balance.

Generous Paid Time Off : Vacation, Sick Time, and 13 Holidays.

Paid Family Leave for when life calls.

Comprehensive Medical Coverage with low premiums and deductibles, plus company contributions to a Health Reimbursement Arrangement (HRA) worth thousands.

Flexible Spending Accounts for healthcare and dependent care.

Dental and Vision Insurance to keep you smiling.

Life Insurance and Disability Coverage paid by the company, along with voluntary supplemental plans.

403(b) Retirement Plan with company contributions to secure your future.

Employee Assistance Program (EAP) offering support when you need it.

Fun and Engaging Company Events : From bowling and potlucks to company celebrations, we value a workplace where you can connect with your colleagues.

Exclusive Employee Discount Programs for extra savings.

AAP / EEO Statement

The Housing Assistance Corporation ("HAC") is committed to a firm policy in favor of equal employment opportunity and will abide by all applicable state and federal regulations by not discriminating against any applicant or employee on the basis of race, religion, color, creed, sex, age, national origin, citizenship status, marital status, sexual orientation, gender identity and expression, disability or veteran status. Our commitment to equal employment opportunities shall include employment, upgrading, promotion, demotion, transfer, leaves or other absences from work, layoff, compensation and benefits, selection for training or other education, professional opportunities and conflict resolution.

It is also the policy of HAC to take affirmative action to employ and to advance in employment, all persons regardless of their status as woman, minority or individuals with disabilities or protected veterans, and to base all employment decisions only on valid job requirements.

Please inform us of any necessary accommodations required during the application process and / or at any time during employment.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Salary : $165,000 - $205,000

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