Chief Financial OfficerHousing Assistance Council • Washington, DC, United States

Chief Financial Officer

Housing Assistance Council • Washington, DC, United States

28 days ago

Job type

Full-time

Job description

Chief Financial Officer (CFO)

This range is provided by Housing Assistance Council. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$200,000.00 / yr - $225,000.00 / yr

The Housing Assistance Council (HAC), a national nonprofit organization helping build homes and communities across rural America, is seeking a dynamic Chief Financial Officer (CFO) with the vision and skill to sustain and continue the organization’s recent unprecedented growth and impact. The CFO will oversee and safeguard HAC’s financial position, ensure best practices in current financial operations, and strategically manage the financial and organizational implications of decision‑making.

Successful candidates will bring proven experience in nonprofit finance or accounting with a focus on affordable housing , CDFI lending , and sophisticated fund and federal grant accounting , compliance, and reporting. HAC seeks candidates with service in a leadership role at a multidimensional organization and experience partnering with a CEO and senior team to lead and execute strategic initiatives, business development, innovation, and organizational change.

To apply, upload a resume and cover letter to the application portal. For inquiries, contact Karen Schuler at karen.schuler@cbiz.com.

POSITION SUMMARY

The CFO oversees the accounting, finance, capital markets, and administrative functions and contributes to HAC’s overall leadership and strategy. The CFO balances financial savviness, strategic ability, and interpersonal skills to manage teams and serve as a strategic advisor and resource to the CEO and Senior Leadership Team. The successful candidate will embody the unique combination of HAC’s mission‑driven and business‑minded approach to serving rural communities and alleviating poverty through affordable housing.

Responsibilities

Strategic Leadership

Serve as a strategic partner to the CEO and Senior Leadership Team on the financial performance, planning, and opportunities of the organization
Think holistically about the organization and how decisions could affect HAC’s financial health
Utilize creativity and resourcefulness to turn abstract solutions into reality

Accounting & Reporting

Manage finance and accounting operations, ensuring effective policies, procedures, internal controls, and systems are maintained

Report on HAC’s financial health (budget, investments, lending, program operating activities)

Ensure timely, accurate, and understandable financial reporting for funders, management team, and Board of Directors

Lead audits and ensure proper preparation and filing of all tax returns

Develop and utilize forward‑looking, predictive models and activity‑based financial analyses to provide insight into the organization’s operations and business plans

Produce an annual budget that aligns with strategic objectives and is used effectively for resource allocation and decision‑making

Capital Planning

Support the development of annual and multi‑year capital plans to expand the scale of affordable housing lending activities

Apply capital markets methods to help facilitate new financing facilities and relationships with banks, foundations, and other financial institutions interested in impact investment partnerships

Serve as a thought partner on fundraising activities, negotiate terms to meet HAC’s priorities, and limit compliance burden

Capital Management & Compliance

Ensure timely loan and other capital product closings, disbursements, and related fund transfers

Support compliance with programmatic and funder requirements

Collaborate with the Loan Department to oversee financial asset management of outstanding loan and grant portfolios

Manage and report on lending, administrative, and organizational compliance to funders and investors, including commercial banks, private foundations, federal agency programs

Maintain HAC’s good standing as a CDFI

Internal Leadership

Manage and mentor the accounting, finance, and operations teams

Lead administrative functions (HR, IT, office management)

Serve as executive champion of application software development and organization‑wide financial accounting and loan management systems

External Leadership

Represent the organization to financial partners and to the CDFI industry, rural community stakeholders, and affordable housing professionals

Translate financial reports and teach financial literacy to non‑financial constituents

QUALIFICATIONS

Candidates will bring a background in accounting or finance, experience managing staff, and service as a leader at a multidimensional organization (a CDFI, community lending institution, or housing‑related non‑profit). HAC seeks applicants who are seasoned professionals, mid‑career high‑performers ready to join a C‑suite, or current CFO’s wanting to be part of an excellent organization at an exciting moment in its history.

Successful candidates will bring :

15+ years of accounting and / or finance experience in the non‑profit sector with a focus on affordable housing and CDFI lending

Experience in a senior finance role, including developing and implementing effective financial management strategies

Knowledge of / experience in accounting for non‑profits and / or loan funds, including sophisticated fund and grant accounting, compliance, and reporting

Familiarity with Federal funding principles (e.g., NICRA) and covenants in private capital

Demonstrated experience partnering with a CEO to lead and execute strategic initiatives, business development, innovation, and organizational change

Ability to think strategically, anticipate future trends and consequences, manage growth, and build the organization framework to address dynamic circumstances

Demonstrated ability to build and manage strategic financial relationships with public and private capital providers

Strong track record in relationship and trust building with staff, Board members, community leaders, and clients

Experience implementing innovative finance and accounting software

Connection to rural housing a plus

Bachelor’s degree required; advanced degree (MBA) preferred. CPA a plus, not required

HAC’s tight‑knit staff (“HACsters”) are a diverse bunch and pride ourselves on being welcoming. We enjoy our work and maintain a healthy balance with our lives. We care deeply about helping others. The successful candidate will bring the following personal attributes :

A holistic approach, leveraging intellectual curiosity about the business and mission of HAC to add value to the overall organization well beyond the finance function

Demonstrated effective managerial, coaching, and leadership skills with the ability to achieve results for the organization as a creative partner and valued colleague

Excellent communication, facilitation, and negotiation skills

A positive outlook, with humor, humility and compassion

Effective planning and deadline orientation to business management and operations

Supportive of HAC’s mission, as evidenced through professional, volunteer, or personal experience

COMPENSATION AND BENEFITS

HAC offers competitive wages, benefits, and growth opportunities. Salary range is $200,000 to $225,000 per year, depending on qualifications. Flexible benefits include health, life, and other insurances; retirement plan with partial employer match; time off; and work / life benefits. The CFO works in HAC’s downtown Washington, DC office with a portion of their work eligible for remote work.

EQUAL OPPORTUNITY EMPLOYMENT INFORMATION

HAC is an equal opportunity provider and employer. HAC does not discriminate against any applicant or employee based on race, color, sex, religion, national origin, age, disability, or any other basis protected by applicable federal, state, or local laws.

ABOUT THE ORGANIZATION

Founded in 1971 and working in the housing industry in all 50 states, HAC envisions all families in rural America having a safe, decent, and affordable place to live. HAC provides loans for affordable housing development, training and technical assistance to community‑based organizations, policy formulation, and in‑depth research on rural community conditions.

HAC has an annual budget of $12.5M, $80M in total assets, and $45M in net assets. Two‑thirds of the annual budget comes from grants and contracts. The remainder is earned revenue as a CDFI. Governed by a 16‑person Board of Directors, HAC employs more than 50 staff across the nation. To learn more, please visit https : / / ruralhome.org / .

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