CHAI: Comprehensive Housing and Assistance, Inc. invites applications for a Chief Financial Officer/Chief Operating Officer (“CFO/COO”), who will guide the financial management and strategy of a community-based housing and services organization. The CFO/COO will collaborate within the senior team to assess the risks and rewards of financial matters related to CHAI’s current and prospective housing development projects. Additionally, the CFO/COO will be responsible for overseeing the agency’s general operations and will serve as a proactive and strategically oriented partner to the CEO in the management of CHAI.
The CFO/COO will add value across the organization by exhibiting leadership, providing financial information and guidance to agency programs, working closely with the board and collaborating with The Associated: Jewish Federation of Baltimore on agency infrastructure services.
Key Areas of Responsibility:
- Provide financial management and strategy guidance to the CEO, Board of Directors, and Budget and Finance Committee.
- Review, manage and make recommendations relative to CHAI's investments in consultation with the Investment Subcommittee.
- Develop, present, and monitor operating and capital budgets, financial reports, audits, taxes and work closely with the VP of Housing & Services on all other financial matters related to properties.
- Work closely with VP of Housing Planning & Development and other members of the management team to assess risks/rewards and financial projections related to current and prospective development projects, assist in meeting budget goals, and ensure compliance.
- Evaluate entrepreneurial opportunities through the development of financial models and business plans.
- Staff CHAI Finance Committee, Investment Subcommittee, and Audit Subcommittee, providing necessary information and making recommendations regarding all matters under the purview of each committee.
- Serve as CFO of the Myerberg Center (an operating unit of CHAI) and assist in management as part of the operational team.
Finance Department Partnership
- Oversee the work of The Associated accounting and finance team for CHAI, including, but not limited to: entries into the general ledger, vendor payments, bank deposits and transfers, bank statement reconciliation and payroll production and maintenance.
- Prepare and analyze monthly financial statements, including balance sheet, income statement, budget to-actual reports, and cash projections for internal use, as well as for presentation to the Board.
- Oversee preparation of the annual financial statement audit, prepare audit schedules/workpapers for CHAI and its related companies, meet with auditors, and provide all information required to complete audits in a timely manner (in conjunction with CHAI's Audit Subcommittee).
- Provide internal oversight and guidance for all agency operations, including human resources, information technology and facilities.
- Supervise Director of Operations, who serves as the liaison to The Associated on personnel, technology, building maintenance and security matters.
- Represent agency on operational matters as directed by the CEO.
- Oversee the administration of CHAI' s loan programs, ensuring the programs meet goals and serve the agency mission.
- Ensure compliance with all applicable laws and regulations.
- Supervise the Loan Administrator.
Qualifications & Experience:
- A minimum of 10 years senior level accounting experience, with a minimum of 3 years in a nonprofit charitable organization environment.
- Five years’ experience in a senior management role.
- Affordable Housing development and/or management experience preferred.
- Demonstrated knowledge and experience with US GAAP and US Tax Code as it applies to non-profit, charitable, tax exempt organizations.
- Advanced proficiency in MS Office Suite and experience with accounting software designed for the non-profit market; experience and proficiency with Abila MIP Fund Accounting preferred.
- Knowledge and experience managing investments.
Desired Competencies & Skills:
- Strong interpersonal skills to interact effectively with a diverse group of people.
- High degree of personal accountability, responsibility, and ability to use good judgement in a variety of complex, fluid situations.
- Deep integrity and able to handle sensitive and confidential situations and documentation.
- Agile, collaborative, can manage multiple priorities and meet deadlines.
- Commitment to excellence and maintaining a professional demeanor.
- Comfortable and receptive to constructive feedback and open to new ideas.
This position will remain open until filled. To apply, please complete the online application here and submit a cover letter to email@example.com.