Chief Financial Officer (CFO)
Job Description
Overview
Area Housing Commission (AHC) is seeking a Chief Financial Officer to lead the Finance Department. This role oversees all financial operations and ensures the agency's activities align with the mission to promote and provide affordable housing opportunities. Reporting to the Executive Director, the CFO will manage financial operations, including preparing current financial reports and summaries, developing forecasts aligned with the agency’s objectives, procuring in line with federal guidelines, and guiding the financial decisions for the expanding real estate portfolio. The CFO is responsible for reviewing and submitting the Financial Data Schedule (FDS) to HUD. Knowledge of the general operations and procedures of a Public Housing Agency (PHA) is essential, with strong familiarity of major HUD regulations and all relevant Federal, State, and local laws, codes, and regulations. The role carries fiduciary responsibility for the agency’s investment portfolio, including regular reporting. Location: Pensacola, FL 32523.
Key Responsibilities
- Apply Federal Housing Program experience to ensure all financial operations comply with HUD regulations and GASB accounting principles.
- Shape organizational strategy by providing recommendations on investments, financing, and long-term planning.
- Lead and develop the finance and accounting team, conducting 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.
- Drive 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, and advanced proficiency in office and accounting software; experience is advantageous.
- Knowledge of HUD regulations and operations of Public Housing Agencies, along with familiarity with Federal, State, and local laws, codes, and regulations.
This job description should not be interpreted as all inclusive. It is intended to identify the major responsibilities and requirements of the job classification established by AHC.