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Chief Financial Officer

NH Community Development Finance Authority

Created in 1983, the Community Development Finance Authority (CDFA) supports affordable housing and economic development activities that benefit low and moderate income citizens in New Hampshire.

CDFA administers nearly $25 million in funding resources, which includes a combination of state tax credits and federal Community Development Block Grant, and Energy Reduction Funds. We support the development of vibrant and resilient communities by providing financial resources to nonprofits, community development organizations, counties, municipalities, and for-profit businesses. These organizations, in partnership with CDFA, create affordable housing, support the formation of new jobs and help retain existing employment for low and moderate income New Hampshire residents.


The New Hampshire Community Development Finance Authority (CDFA) is in search of a finance and operations professional who is passionate about community development, cares deeply about providing opportunities for low-and-moderate income people, and possesses uncompromising ethical ambition.

As CDFA’s Chief Financial Officer, this position oversees a $2 million operating budget with $60 million in assets under management and is accountable for the financial, information technology, property management, human resources, risk management operations, and revolving loan funds of the organization. Management skills, knowledge of bookkeeping and financial forecasting, and skillful partnership building play a crucial role in advancing CDFA's shared vision and goals. This position assists directly in all strategic and tactical matters as they relate to budget management, policies and procedures, cost benefit analysis, forecasting needs and securing new funding. 

Requirements:
  • Minimum of 5 years’ experience as CFO or equivalent, preferably in a nonprofit environment with a budget of at least $10 million.
  • Bachelor’s degree in Business, Finance, Accounting or a related field.
  • Highly organized, systems-thinker with attention to detail; resourceful and collegial.
  • Excellent skills in verbal and written communications, problem-solving.
  • Ability to work with program funders and partners to move a program to successful completion.
  • Ability to provide leadership, analyze situations and data, solve problems, handle or recommend appropriate course of action.
  • Ability to present complex and technical financial and human resource information to a general audience in order to facilitate decision-making.
  • Demonstrated leadership ability, effective team management and supervision of staff.
  • Experience in oversight of the information technology function of an organization.

Preferred

  • Master’s degree in Business Administration or CPA certification
  • Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance and reporting.
  • Deep knowledge of federal grant regulations including 2 CFR Part 200. 
Responsibilities:

Financial Management

  • Directs the accounting function to ensure timely and accurate recording of financial information; oversees the creation and dissemination of financial reports to the Board of Directors, management, state agencies and funders. Ensures internal control systems and financial procedures are in place to minimize the risk of loss.
  • Execute all financial and accounting activities; in compliance with reporting requirements, i.e. monthly reconciliations, P& L reporting, state and federal filing, schedules for annual audit and 990 tax return.
  • Perform financial planning in collaboration with the Executive Director and the Program Directors of annual operating budgets and long term forecasts and provides strategic direction to the Board and Executive Director based on results. Monitors budgets to ensure operations stay within plan and program budgets are not over expended.
  • Participates in key decision making and expansion activities as a member of the senior management team.

Operations

  • Oversees the design and execution of policies and procedures that provide a comprehensive system for managing resources and meeting goals for performance and growth, ensures that the established policies promote CDFA’s culture and vision.
  • Remains current on government regulations and state and federal laws and ensures that organizational policies adhere to those directives. Ensures the organization is compliant with regulations governing all programs for which it receives funding.
  • Oversee daily operations of the Finance and Asset teams and leads employees to encourage maximum performance and dedication.
  • Manages the operations of CDFA’s revolving loan funds to ensure that funds are lent prudently and that program requirements are met Evaluate performance by analyzing and interpreting data and metrics.
  • Reports to board and committees on all finance and operation matters as requested.

Human Resources

  • Manage human resource systems, including monthly payroll, personnel policies and procedures, and hiring and termination processes.
  • Ensure compliance with applicable legislation and regulations.
  • Supports the Executive Director in implementing professional development programs and guiding overall organizational development.
  • Manages the insurance programs ensuring that CDFA is covered appropriately for risks it may incur, and maintains the relationship with the organization’s licensed insurance broker.
  • Manages the employee benefits program, ensuring that employees receive a competitive benefits package comparable to similar organizations, and that the benefits offered are priced competitively.

Administrative, Facilities and Information Systems Management

  • Oversees the operations of 14 Dixon Avenue, LLC to maximize the value of the investment to the organization.
  • Ensures CDFA’s information technology and communications infrastructure provides an adequate level of service to allow staff to operate in an efficient and constructive environment.
  • Oversees the actions of the IT consultant providing services to the organization.
How to Apply:

Please submit all resumes and letters of interest directly to dohconsultingsvcs@gmail.com

Job Location:

Concord

Date Added: November 7, 2017

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