Chief Financial Officer (CFO)
Job Description
Position overview
Area Housing Commission is seeking a Chief Financial Officer to lead the Finance Department and oversee all financial operations. The CFO will ensure activities align with the agency's mission to promote and provide affordable housing opportunities. Reporting to the Executive Director, the role encompasses managing financial activities, preparing current financial reports and summaries, developing forecasts aligned with organizational objectives, procuring in compliance with federal guidelines, and guiding financial decisions for the expanding real estate portfolio. The position also includes reviewing and submitting the Financial Data Schedule (FDS) to HUD, applying knowledge of Public Housing Agency operations, and maintaining familiarity with major HUD regulations as well as applicable federal, state, and local laws. The CFO bears fiduciary responsibility for the agency’s investment portfolio and provides regular reporting.
What you get to do
- Apply Federal Housing Program experience to ensure all financial operations comply with HUD regulations and GASB accounting principles.
- Shape organizational strategy by recommending investments, financing, and long-term planning.
- Lead and develop the finance and accounting team, including performance evaluations, planning, and training.
- Oversee the preparation and communication of financial statements, ensuring timely and accurate updates to key stakeholders.
- Manage budgeting, forecasting, and auditing processes.
- Assist in preparing funding applications and financial reports, ensuring cash flow and project compliance.
- Embed and maintain a risk and compliance management framework.
- Lead advancements in financial reporting technology, including dashboards and key performance indicators.
- Ensure all purchases comply with procurement policies and procedures.
- Perform other duties as assigned.
Qualifications and requirements
- Bachelor’s degree or higher in accounting, business, public administration, or a related field.
- Five to eight years of experience in financial management or an equivalent combination of education and experience.
- Proficient in operating financial management systems, including cash forecasting, budgeting, internal auditing, and administrative controls.
- Experience in property management principles, tax credits, and federal housing programs.
- Effective verbal and written communication skills, with proven success in leadership, staff development, and team building.
- Strong analytical abilities, with advanced proficiency in office and accounting software; experience is advantageous.
This description is not intended to be all-inclusive. It is meant to identify the major responsibilities and requirements of this job classification as established by AHC.