Chief Financial Officer (BFA2)

Initial Posting Date :

02 / 03 / 2025

Application Deadline :

02 / 17 / 2025

Agency :

Oregon Housing and Community Services

Salary Range : 10,311 - $15,964

Position Type : Employee

Position Title :

Chief Financial Officer (BFA2)

Job Description :

Oregon Housing & Community Services

Chief Financial Officer

Budget & Fiscal Administrator 2]

Hybrid - Salem, OR

The Chief Financial Officer of the Finance Division is a crucial leadership position at Oregon Housing & Community Services (OHCS). The person in this position will provide direction, leadership, and management for all the department's financial functions, systems, processes, and personnel. The Division provides strategic financial guidance and management to secure the financial position of the agency while delivering quality housing options to Oregonians, from shelters and re-housing programs to housing stabilization, rental and homeownership development, and homeownership lending programs. If you are an innovative and visionary leader in housing and committed to equity and racial justice, public transparency, and improving access to affordable housing, we would love to meet you!

OUR COMMITMENT TO EQUITY, DIVERSITY, & INCLUSION

OHCS commits to inclusive excellence by advancing equity and diversity in all that we do. We are an Affirmative Action / Equal Opportunity employer and encourage applications from members of historically underrepresented racial / ethnic groups, women, individuals with disabilities, veterans, LGBTQ community members, and others to help us achieve our vision of a diverse and inclusive community.

Our Vision is that all Oregonians can pursue prosperity and live free from poverty.

Our Mission is to provide stable and affordable housing and engage leaders to develop integrated statewide policy that addresses poverty and provides opportunity for Oregonians.

Our Core Values : Collaboration - Compassion - Equity - Integrity - Leadership - Transparency.

IMPORTANT INFORMATION

Working Condition : Hybrid >

This position has some requirements for in-person work.

This is a permanent, full time, Management service position.

This recruitment will be used to establish a list of qualified applicants to fill the current vacancy and may be used to fill future vacancies as they occur.

This position requires both a resume and a cover letter, the cover letter will need to address the desired attributes listed in this job posting.

WHAT YOU WILL DO

The Chief Financial Officer (CFO) is to provide executive leadership to the Finance Division. The person in the position will create and navigate the team toward visions that staff are engaged with and passionate about. They will manage relationships including subordinate, peer and supervisory, in addition to external relationships. They will create a culture of accountability to clearly understand, and consistently deliver on objectives. They will be clear eyed in making leadership decisions that stay to course and can withstand pressures misaligned with the division objectives. They will be the primary decision maker for teams and programs, leading with emotional intelligence and political savvy to understand what situations call for decisive leadership, and which situations call for power sharing and comfort with non-closure. They will lead by example, including creating a management team that is accountable to results, and accountable to developing staff based on their knowledge, skills, and abilities related to the tasks at hand. Finally, they will ensure organization and coordination of the division to support the rest of the agency in function and resources to achieve agency adopted goals.

MINIMUM QUALIFICATIONS

Seven years of management experience; OR four years of management experience and a bachelor's degree in a related field.

To request a copy of the position description, please contact : HCS_HR.Solutions@HCS.oregon.gov

DESIRED ATTRIBUTES

The most competitive candidates will possess the following attributes, experience, and knowledge :

Experience with running financial operations, with finance / accounting operations in the government sector, experience leading budget development and execution in a political environment.

Experience with capital market financial executions and debt management

Experience presenting and explaining complex financial information in public forums, to elected officials, or other important decision-making bodies.

Demonstrates ability to effectively link metrics and outcomes with program expenditures.

Shows skill in executing plans and critically assessing processes for alignment with organizational goals.

Consistently delivers projects on time and within scope, establishing trust across teams.

Exhibits proficiency in producing clear, organized communication in memos and presentations.

Experience building and maintaining strong relationships with executive leadership to address challenges effectively.

Fosters a positive workplace culture that promotes boldness and accountability among team members.

Ability to inspire team members through personal actions, encouraging ownership and initiative.

Actively identifies and pursues opportunities for enhancing processes and program delivery outcomes.

Experience promoting diversity, equity, and inclusion principles and practices in the workplace.

WHAT'S IN IT FOR YOU

You will become part of an innovative and strategic group of professionals and enjoy a competitive salary and benefits package!

A positive environment that offers opportunities for career growth and cross-training.

An agency that supports and encourages work / life balance and overall wellness.

Generous benefits package including, employer-paid health insurance, vacation, and sick leave, eleven paid holidays, three paid personal days, flexible spending accounts, and an employer contribution retirement plan (PERS).

The posted salary range is the total possible range for the classification. Candidates are screened through a Pay Equity process that evaluates various factors. Please see the Pay Equity website for more information.

RECRUITMENT TIMELINE

• These dates are approximate and may change.

Recruitment Closes : 02 / 17 / 25

Recruiter Screening for Minimum Qualifications : On-going

Hiring Manager Screening for Requested Skills : On-going

1st Round of Interviews : Week of 02 / 24 / 25

2nd Round of Interviews : Week of 03 / 03 / 25

Meet & Greet : TBD

Anticipated Start Date : 04 / 21 / 25

APPLICATION GUIDANCE AND REQUIREMENTS

Current State of Oregon employees : Apply via your employee Workday account.

External applicants : View this application instructional video. A PDF is also available by clicking here.

REQUIRED : Attach your most up-to-date Resume . Please ensure your Workday profile matches your submitted resume.

REQUIRED : Attach a Cover Letter that demonstrates how you meet the "Desired Attributes" for this position.

A Cover Letter that does not meet the required criteria will be graded as ineligible.

If you have questions about the job announcement, or need an alternate format to apply, please contact the HR Solutions Inbox at : HCS_HR.Solutions@oregon.gov

WHO WE ARE

Oregon Housing and Community Services (OHCS) is Oregon's housing finance agency. We provide financial and program support to create and preserve opportunities for quality, affordable housing for Oregonians of lower and moderate income. Our vision is that all Oregonians can pursue prosperity and to live free from poverty. Across Oregon, housing has emerged as a paramount concern. The lack of available housing, high rents and high home prices are driving rapid increases in housing instability and homelessness. The data is clear : too many Oregonians are without a safe, stable, and affordable place to call home.

OHCS is placing a greater emphasis on strategic planning and the way we invest our resources. Recently, we have restructured, refocused, and reimagined our agency. Our work has led to an increased emphasis on data, research, and customer service. We are carrying that effort forward with the Statewide Housing Plan. The plan articulates the extent of Oregon's housing problem and what we can do to address it. OHCS committed to the Housing Stability Council and our stakeholders that the plan will be responsive to the needs of the state.

OHCS released its Building Oregon's Future : 2023 Annual Report to update the agency's significant progress in meeting the goals outlined in the 2019 Statewide Housing Plan. We are now more than halfway into the five-year plan.

To learn more about Oregon Housing and Community Services, visit our website : https : / / www.oregon.gov / OHCS / pages / index.aspx

FINANCE DIVISON

The Finance Division at OHCS provide direction, leadership, and management for all the department's financial functions, systems, processes, and personnel. The Division provides strategic financial guidance and management to secure the financial position of the agency while delivering quality housing options to Oregonians, from shelters and re-housing programs to housing stabilization, rental and homeownership development, and homeownership lending programs. The Divisions is responsible for development and oversight of financial plans and policies, for development and execution of agency budgets, for collaborating with business leaders to develop and implement innovate financing structures, and for managing the organization's credit and financial risk. Uniquely, this positions also oversees investment portfolios, bond indentures, and capital market executions which OHCS is legislatively authorized to manage.

Controller's Office : Accounting

The Accounting section maintains the Department's records of revenue, accounting records, and is responsible for the financial reporting both internally and externally to bond trustees, the State of Oregon, the Federal government, and the many external stakeholder organizations. The Section is responsible for financial analysis and internal operational control assessments. This section also oversees agency accounts receivable, accounts payable and disbursements, internal cost allocations, cashiering, and creation and executing of the agencies operating budget. It is the primary contact with Trustees and ensures loan purchases and investments are made in accordance with the bond indenture requirements.

Controller's Office : Fiscal Monitoring and Policy

This unit oversees financial compliance activities including mitigating financial risks and providing operational support for state and federal grants provided by OHCS. This section also monitors recipients of OHCS grants to assure compliance with federal and state regulations.

Chief Financial Office : Budget

The Budget Section of the Chief Financial Office manages and reports on all aspects of the agency's budget. The section provides centralized leadership to developing the agencies requested budget and is accountable to ensuring agency standards of excellence exist in all budget materials. The budget section works closely with partners at the Legislative Fiscal Office and the Department of Administrative Services to provided needed reports and budget documents throughout the biennium. The section provides critical operational support for the agency.

Chief Financial Office : Capital Markets & Debt Management

The Capital Markets and Debt Management Section manages complex bond sales, mortgage securitization activities, debt service, interest rate swaps, managing the investments of all funds held with the Department's trustee, as well as other related loan activity for the agency making best financial execution decisions to maximize agency lending activities. Bond proceeds and selling of mortgage-backed securities to secondary market investors are used to finance the development of multifamily affordable housing, as well as to provide government subsidized loans for homebuyers. Bond related activities provide a mechanism to fund loan programs by selling tax-exempt and taxable bonds to investors and using the proceeds to finance multifamily and single-family mortgage loans. The Department's investment portfolio is an area of unique complexity considering OHCS has statuary exemptions to manage its own investments. The work of this section provides a critical funding mechanism to create and maintain affordable housing for low-income Oregonians

WANT TO KNOW MORE? LET US HELP YOU!

If you need a reasonable accommodation under the Americans with Disabilities Act (ADA), have questions or need assistance with the application process, please send your request to HCS_HR.Solutions@hcs.oregon.gov and include the job requisition number.

The salary listed is the non-PERS qualifying salary range. If the successful candidate is PERS qualifying, the salary range will reflect an additional 6.95%. Please review the Classification and Compensation page for more details.

Please save a copy of this job announcement for reference as it may not be available to view after the job closes.

Finalists will be subject to a computerized criminal history check.Adverse background data may be grounds for immediate disqualification.

Work Authorization : Oregon Housing & Community Services (OHCS) does not offer VISA sponsorships. Within three days of hire, you will be required to complete the US Department of Homeland Security's I-9 form containing authorization to work in the United States. OHCS will use E-Verify to confirm that you are authorized to work in the United States.

Veteran's Preference : Eligible veterans who meet the qualifications will be given veterans' preference. For further information, please see the following website : Veterans Resources. NOTE : If claiming veterans' preference please be sure to check your Workday account for pending tasks or actions under your "My Applications" section.

APPENDIX

Emails

HCS_HR.Solutions@hcs.oregon.gov

Links

Application Instructional PDF

Application Instructional Video

Benefits Information

Classification and Compensation Page

OHCS Website

Oregon's Statewide Housing Plan - Halfway Progress Report

Oregon's Statewide Housing Plan - Full Plan

Pay Equity

Public Employees Retirement System (PERS)

Veterans Resources

Salary : $10,311 - $15,964