Abode Seeks Chief Financial Officer for Property Management & Housing Development! A Day in the Life: The Chief Financial Officer (CFO) provides strategic financial leadership for two of the three agencies within the Abode family - Abode Property Management and Abode Housing Development. The role is responsible for building and maintaining strong financial systems, reporting, and forecasting to support long-term organizational health and growth. As the organization grows and evolves, this role may expand to support broader enterprise financial leadership across additional Abode entities.
The CFO leads a high performing finance and operations team, including the Controller, and accounting staff, with a focus on developing people and ensuring strong financial stewardship.
How You Make an Impact: Financial Leadership & Strategy
- Serve as the internal financial leader responsible for all strategic and day-to-day financial activities, providing leadership and management consistent with the mission and core values of Abode and related entities referred to above to fulfill the organization’s mission and vision.
- Develop tools and analysis of short- and long-term strategic financial decisions, internal and external processes, and ensure timely, accurate and complete reports on the financial condition of Abode Property Management and Abode Housing Development.
- Hold all parts of Abode Housing Development and Abode Property Management accountable for all aspects of financial management for their functions or practices, including budgets and revenue planning, expense management, and all related decision-making.
- Prepare and share timely financial data that clearly articulates financial performance and health at the departmental and project levels, empowering leads to make sound decisions and providing transparency to the rest of the organization where appropriate.
- Work closely with the controller to ensure strong internal controls, financial policies, and systems for all aspects of financial accounting (in line with GAAP, OMB, and relevant best practices) to minimize and mitigate risks and ensure responsible stewardship of the agency’s resources (e.g., accounting policies and procedures, investment management policies, accounting systems and expense systems).
- Design, manage, and continuously improve the processes and systems that enable financial management at the agency to thrive (cash flow analysis and planning, internal and external reporting, organizational and project budgeting and forecasting, annual organizational and project audits, the agency’s chart of accounts, Accounts Receivable and Accounts Payable, and time allocations).
Budgeting & Financial Planning
- Strategize alongside other senior management and executives in identifying, developing prospective budgets, and evaluating cost effectiveness of new programs and funding opportunities.
- Partner with the HR team to ensure human resources are effectively resourced against the agency’s funding streams, while also solving for the needs of projects, partners, and individual team members.
- Plan, budget and identify property for acquisition or sale; engage with the team in negotiations with buyers, sellers, contractors, partners, and vendors; assure compliance with contract terms.
- In collaboration with the Chief Property Management Officer, the Chief Real Estate Officer and other leaders, develop the annual operating budget to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines. ensuring that all government regulations and requirements are disseminated to appropriate personnel, and monitoring compliance.
Team Leadership & Operations
- Oversee complex affordable housing and multi-entity financial structures, including intercompany accounting, cost allocation methodologies, management fee structures, partnership accounting, and financial reporting across multiple entities
- Oversee and train the finance team to ensure effective controls and communication around reporting (internally and externally), annual budget creation, purchasing and payroll for staff and participants, adherence to GAAP and A-133 audit requirements, and cash flow management.
- Collaborate with the Chiefs to design and implement operational, infrastructure, systems, processes, and personnel strategies that support high quality programming, organizational growth, and continuous improvement, while maintaining alignment with the Chief Property Management Officer and Chief Real Estate Officer to ensure financial strategies support regulatory compliance, operational performance, and long-term portfolio sustainability.
Compliance & Assets
- Direct the maintenance of the inventory of all fixed assets in collaboration with the asset management team including assets purchased with government funds (computers, etc.), assuring all are in accordance with federal regulations.
Board & Governance
- Prepare, present, and collaborate with Board and committee members to best support the implementation of created policies and procedures to ensure the financial health of Abode
You proudly possess:- Bachelor’s degree required in accounting, finance, business or related field. Master’s degree and/or CPA preferred.
- 7+ years of experience in a senior leadership role at an entrepreneurial nonprofit or business with at least ten years of broad finance experience; ideally in an organization during a time of significant growth.
- Deep knowledge of non-profit budgeting, fiscal management, compliance, and best practices in financial management for a growing organization; familiarity with healthcare funding streams, reimbursement contracts, and federal grants a plus.
- Minimum 5+ years of executive financial leadership experience directly overseeing affordable housing property management financial operations, including Low Income Housing Tax Credit (LIHTC), including familiarity with federal and state tax exempt bonds, soliciting and analyzing investor proposals, underwriting financing, and year 15 investor exits and mixed-finance housing portfolios.
- Ability to manage high-level development and implementation of new accounting technology systems and processes to further automation and efficiencies.
- Analytic and collaborative decision maker with the ability to prioritize and communicate key objectives and tactics necessary to achieve organizational goals.
- Demonstrated capacity in developing staff (both seasoned and new), providing oversight to include regular progress reviews and plans for improvement.
- Recognize and be responsive to the needs of all stakeholders of the organization, including government and private funders, the Board of Directors, local community advocates, participants, and employers.
- Strong written and verbal communication skills.
- Must possess a commitment and passion for the mission of Abode to end homelessness through housing first.
- Ability to thrive in a fast-paced, collaborative, and mission-driven environment.
- Must be an effective communicator, highly analytical, and humble.
- Demonstrates integrity, strives for excellence in her/his work, and has a sense of humor.
We're Proud to Offer:- Salary: $245,000 - $295,000 DOE
- 100% paid medical, dental and vision benefits for employees and agency dependent health care contribution
- 403(b) retirement plan with employer match and contribution programs
- 19 days of PTO per year, increasing with tenure
- 12 paid Holidays per year
- Paid time off for Civic Action
- Professional development opportunities and thought partnership opportunities with other national leaders.
- Being a part of a dynamic, mission driven, growth-minded, executive team.
The People:You will be surrounded by some of the most talented, supportive, smart, and kind leaders and teams - people you can be proud to work with! Abode regularly recognizes employees’ efforts, seeks employees’ input, and cares for employees as people with lives outside of work.
The Values:- Start with dignity.
- Take smart risks.
- Be transparent.
- Solve for today and tomorrow.
- Spark each other’s strengths.
The Diverse Culture:We believe that we make better decisions and provide quality services when our workforce reflects the diversity of the communities in which we operate. People of color make up more than 70% of our workforce and we strive to recruit, retain, and promote employees from all backgrounds.
Notice: This description is to be used as a guide only. It does not constitute a contract, commitment or promise of any kind. Abode Services reserves the right to change, add, delete, upgrade, or downgrade the position as dictated by business necessity at any time with or without notice.
Notice: Abode Services is an Equal Opportunity Employer/Drug Free Workplace
