Chief Financial Officer

Neighborhood Partnership Housing Services (NPHS) - Inland Empire, CA (30+ days ago)


About NPHS:

Neighborhood Partnership Housing Services (NPHS) is an innovative and entrepreneurial Community Development Financial Institution (CDFI) engaged in community and economic development serving the California counties of San Bernardino, Riverside and East Los Angeles. Our mission is to build stronger communities through innovative housing and economic solutions that advance the well-being of people, vitality of neighborhoods, creation of jobs and sustainability of the environment. We achieve this by developing programs, products, services and social enterprises that are customer-centric and interconnected to successfully create meaningful impact. Our areas of impact include affordable housing, neighborhood revitalization, community wealth-building and preservation, job creation and environmental sustainability.

NPHS has a staff of 20 employees across the Inland Empire region with a FY2018 budget of approximately $2.2 million and assets totaling over $7 million. Please visit www.nphsinc.org for more information on NPHS.

NPHS is currently seeking qualified candidates for the position of Chief Financial Officer. This is a unique opportunity for an entrepreneurial professional to serve as a thought-leader at a growing CDFI. The Chief Financial Officer (CFO) provides critical financial and operational support to the CEO, Board, senior team and staff. The CFO will manage finance, human capital and some office administration functions. This is a hands-on position that reports to the CEO and works closely with the Senior Management Team.

Position Summary:

Reporting to the Chief Executive Officer, the Chief Financial Officer will lead all financial, risk management, asset management and human resource aspects of the organization’s operations and its subsidiaries. The Chief Financial Officer directs financial planning and accounting practices, ensures fiscal integrity and manages and implements all Finance Department functions, including: annual budget development and analysis; financial forecasting, reporting and administration; accounts payable and receivable; management of public and private sector grants; payroll; tax and legal compliance; management of investments and other assets and all audit preparations. The Chief Financial Officer works real estate finance transactions, submits grant and tax-credit applications and assists in the management of relationships with investors and regulatory agencies.

Essential Responsibilities:

  • The Chief Financial Officer is responsible for all financial and accounting activity of the corporation and its subsidiaries, financial controls, asset management, tax and reporting functions, budgets, short- and long-term cash management, investment activity and all various corporate audits;
  • Establishes and executes programs for the provision of capital required by the organization, including negotiating the procurement of equity capital and maintaining the required financial arrangements;
  • Administers banking arrangements and loan agreements and monitor adequate sources of capital for the organization’s real estate development and lending programs;
  • Monitors external developments, assess internal opportunities and make strategic recommendations to manage resources, adopt sound policies, and implement and update fiscal procedures;
  • Reviews all agreements concerning financial obligations, such as government contracts, IT assets and services, and other actions requiring a commitment of financial resources;
  • Conducts bank reconciliation activities and maintenance of the general ledger and accounts receivable and payables;
  • Management of payroll tasks, including payroll reconciliation and allocation in accounting system;
  • Prepare all invoices, budget modifications and fiscal reports;
  • Preparation of loan draws for projects in acquisition and development;
  • Preparation of monthly financial statements for NPHS’ management team and Board of Directors;
  • Provide fiscal support to project development teams and senior management as needed;
  • Oversee the preparation and timely submission of all corporate, business, investor, lender and agency reports and annual filings of new and existing property tax and responsible for managing tax credit partnerships and CDFI investments;
  • Management of the organization’s loan and real estate portfolio and other assets;
  • Responsible for ensuring company compliance with financial regulations and standards, like Sarbanes-Oxley, the IRS Tax Code and GAAP;
  • Ensures the integrity, accuracy, timeliness and usefulness of all financial reports;
  • Builds reporting tools that allow for information sharing and financial transparency to facilitate planning and real-time decision making;
  • Develops and oversees human resources aspects of the organization including benefits, personnel policies and employment compliance with state and federal regulations;
  • Ensures all human capital practices, including talent acquisition, performance management, compensation strategy, and training and development are aligned with organizational goals;
  • Ensure ongoing updates to personnel policies, insurance, and other employee benefits and communication of same to staff;
  • Other duties as assigned.

Experience, Education and Qualification Requirements:

A minimum of 10 years of increasing responsibility in accounting and financial management experience, ideally within nonprofit sector or government agency. Bachelor’s Degree in accounting or finance is required from an accredited college or university. MBA preferred. Knowledge of principles and practices of housing development and real estate finance is strongly desired. Certified Public Accountant (CPA) preferred. In-depth knowledge of generally accepted accounting principles (GAAP) required. A minimum of 5 years management experience with day-to-day financial operations of an organization of at least 25 employees.

Other Expected Qualifications:

  • Highly refined analytical skills including forecasting, financial modeling and analysis, optimizing the company’s business plan, and solid financial leadership skills;
  • Good understanding of affordable housing development, including experience with real estate/property accounting and lending;
  • Experience with recording and structuring affordable housing finance and/or real estate transactions;
  • Experience with Community Development Financial Institution (CDFI) accounting, including provisions for loan loss, loan and investment tracking, asset/liability matching and cash flow and liquidity management;
  • Experience managing intercompany transactions, multiple entities and consolidated reporting;
  • Familiarity with investment management;
  • Track record of leading a finance team and strong knowledge in the areas of human resources and operations;
  • Consistent demonstration of leadership ability, team management and interpersonal skills;
  • Exceptional written and oral communication skills, including experience negotiating and reviewing terms of various loan and business agreements and contracts;
  • History of exercising sound judgment and making decisions based on accurate and timely analysis;
  • High level of integrity and dependability with a strong sense of urgency and results-orientation;
  • Knowledge of commonly used concepts, practices, and procedures within finance field;
  • Strong general ledger, financial analysis, income tax, banking and job costing/variance analysis knowledge.

Application Process and Compensation:

Compensation commensurate with experience and qualifications. Please include cover letter with resume. Interviews will be conducted for those applicants who have the experience and most strongly meet the qualifications. If submitting through Indeed.com, please include cover letter. NPHS is an equal opportunity employer.

Job Type: Full-time

Experience:

  • management: 3 years
  • Financial Management: 10 years
  • Financial Reporting: 10 years
  • Accounting: 10 years
  • Financial Analysis: 10 years

Education:

  • Bachelor's

Location:

  • Inland Empire, CA

License:

  • CPA
  • Driver's License