St. Mary Development has been providing affordable housing and services for over 36years and has developed 82 affordable apartment communities with nearly 6,200 housing units. St. Mary was given the William J. Graves Ohio Housing Excellence Award for its statewide leadership, is CORES certified and is a chartered member of NeighborWorks America and Leading Age.
At St. Mary Development, we believe our work is a calling from God. We provide services in two ways: We develop affordable housing for seniors and families and provide wrap-around social service support through community health work, service coordination, and prevention services.
Position Summary:
The Vice President, Chief Financial Officer helps St. Mary achieve its Strategic Plan through the management and direction of the Finance Department. The CFO directs and oversees the financial activities of St. Mary, including the preparation of financial reports, summaries, forecasts, and dashboards. The CFO position includes both long-term strategic and short-term operational tasks.
The CFO facilitates active cooperation and communication between the Finance Department and all other Departments and is on constant look-out for new opportunities, anticipates necessary operational changes, and leads his/her department in a proactive manner. The CFO proactively creates and implements dashboard reporting processes that keep the President and other Vice Presidents appraised of progress towards goals, setbacks, and compliance without requiring others to become immersed in the operational details of the Finance department.
Essential Job Function / Responsibilities:
- Proactively leads the Finance department, including preparation of all financial statements (income statements, balance sheets, tax returns, and governmental agency and foundation reports).
- Proactively manages financial aspects of real estate development and asset management, including construction cost accounting, construction draws, closings and compliance reports.
- Monitors finance department workflow to ensure that both routine work and special projects are completed in a timely manner. Proactively facilitates cooperation between the Finance department and other departments.
- Monitors budget monthly, providing reports to department managers and Board. Leads successful annual budgeting process. Compares revenue projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Manages cash levels and credit lines to meet organizational goals.
- Works with other department heads to monitor each department and make recommendations for improvements. Analyzes operations to identify opportunities and risks.
- Works with the President and other senior staff to coordinate strategic planning and establish priorities for the planning process. Reviews planning process and suggests improvements to current methods.
- Studies long-range economic trends and projects their impact on future growth in revenue and expenses.
- Assures the finance department is staffed to accomplish all assigned work and proactively predicts future workload changes. Recruits, interviews, hires, and trains new staff in the department
- Creates and implements dashboard reporting processes.
- Performs other related duties as assigned.
Qualifications:
- Master’s degree in Business Administration, Accounting, or Finance preferred.
- Eight to ten years of experience in financial management required.
- Five years of experience in finance for a nonprofit organization preferred.
- Experience with real estate development finance and especially affordable housing development highly preferred.
- Experience using Great Plains accounting software (Microsoft Dynamics) and/or NetSuites preferred.
Competencies:
St. Mary’s culture and environment is very collaborative and positive. We do not tolerate drama. We expect all staff to have significant technical/professional skill for their position and to also possess the following characteristics:
- Adaptability: You are expected to change your behavioral style or method of approach when it’s necessary to achieve a goal.
- Initiative: You need to recognize opportunities for improvement and initiate actions to capitalize on them.
- Professionalism: You need to build and maintain respect and trust with co-workers and clients through image, communication style, accountability, reliability, dependability and knowledge.
The competencies listed above are not trivial. If you do not fully embrace adaptability, initiative and professionalism, you won’t be a good fit at St. Mary. Competencies make up 50% of annual performance review ratings.
Regarding technical/professional skills, we expect:
- Excellent in working under pressure and within tight deadlines.
- Excellent management and supervisory skills.
- Excellent interpersonal skills, with ability to adapt style to the situation or individuals involved.
- Comprehensive knowledge of financial principles and practices.
- Excellent analytical and organizational skills.
- Excellent verbal and written communication skills.
- Proficient in database and accounting computer application system.
- Proficiency in working both independently and collaboratively toward a goal.
- Proficiency with Microsoft Office Suite or related software.
Job Type: Full-time
Pay: $100,000.00 - $140,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
