Chief Financial Officer - Lauber Business Partners (Fractional/Interim Leadership, Consulting, Executive Search)

Acts Housing – Chief Financial Officer

Under the direction of and reporting to the President and CEO, the Chief Financial Officer (CFO) directs the organization’s accounting and financial practices and provides strategic leadership for the organization's three nonprofit entities that have a combined annual budget of $9 million. This position serves as a senior leader within the organization and is the staff leader of the Finance Committee of Acts’s Board of Directors. The CFO is responsible for managing Acts’ outsourced bookkeeping and finance support firm. After a sustained period of onboarding, the CFO will ultimately supervise multiple administrative personnel and provide key leadership for Acts’ mortgage lending operation, among other duties.

Responsibilities

• Establishes, or recommends organizational financial strategies, objectives, and policies. Recommends modifications to existing strategies, objectives, and policies.
• Collaborate with other senior leaders to develop and implement strategies that support the organization’s mission and goals.
• Provides senior leadership and Board of Directors with timely reviews of the organization's financial status and progress in its various programs and activities.
• Prepares financial reports that summarize and forecast the organization’s financial activity and position in areas of income and expenses based on past, present, and expected operations.
• Serves as staff lead for the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization.
• Directs preparation of organizational budgets, reviews budget proposals, and prepares necessary supporting documentation and justification. Works with senior leadership to identify opportunities for process improvement and financial controls.
• Monitor actual performance against budget and provide regular updates and analysis to the CEO and Board of Directors.
• Develop and maintain financial forecasting models that support long-term financial planning and decision-making.
• Oversee the annual independent audit of the organization’s finances and the filing of all necessary tax forms.
• Partners with program, government relations, and fundraising leadership to ensure accurate tracking and reporting of all contract and grant expenditures.
• Negotiates credit and equity equivalent agreements with financial institutions and provides reporting and stewardship for those key stakeholder relationships.
• Leads financial institution engagement, stewardship, and negotiation of Acts Lending’s Turn-Key Community Reinvestment Act (CRA) mortgage loan purchase program.
• Manages key organizational contracts, such as with its Professional Employee Organization (PEO), insurance providers, and certain other key service providers.

Education and Experience

• Passion for the mission and work of the organization.
• A bachelor's degree, preferably with a major in accounting, finance, or a related discipline, is required. Master's degree (M.A.) or equivalent is preferred.
• At least 10 years of progressively responsible experience in financial management.
• Exposure to nonprofit accounting is preferred.
• Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance.
• Strong leadership and management skills, with experience building and leading high-performing teams.
• Experience with Salesforce or other CRM databases is preferred.
• Proficiency with Microsoft Office/Google Suite, including advanced Microsoft Excel skills.
• Advanced knowledge of accounting, database, and project management software.

Skills and Abilities

• Ability to read, analyze, and interpret business and government contracts and regulations. Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions in a clear and concise fashion from colleagues and organizational volunteers who may or may not have a significant finance background.
• Ability to analyze past budget and financial performance to create reality-based forward-looking financial projections.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

• Lauber Community Partners has been exclusively engaged to conduct this search. Qualified individuals are invited to contact LCP directly for additional details.