Job Description
**Are you passionate about improving housing affordability for diverse populations? Do you have senior-level nonprofit finance experience in affordable housing, real estate, community development, home lending, and/or real estate finance? Do you have a passion for serving university employees, teachers, first responders, firefighters, and others who serve the community but otherwise could not afford to own a home where they work in Orange County, NC? If so, we want to hear from you!**
Our organization, a nonprofit dedicated to creating permanent affordable housing opportunities, is seeking a Finance Manager to join our team and help us achieve our strategic vision through sound and innovative financial leadership.
**Our Vision:**
We envision a world where barriers to affordable housing are removed, where the supply of affordable homes keeps pace with demand, and where all individuals have long-term access to a safe home where they can thrive, work, and grow. We achieve this by selling homes using a 99-year ground lease to keep them affordable in perpetuity and maintaining an inventory of 340 affordable homes.
**What You Will Do:**
As the Finance Manager, you will be a key member of our executive leadership team, reporting to the Executive Director with overall responsibility for the financial strategy of the organization. You will help manage expected organizational growth and report on all fiscal and fiduciary affairs. Your responsibilities will include:
- Reporting to investors, lenders, grantors, and government agencies.
- Overseeing cash and investment management, budgeting, and forecasting.
- Managing the day-to-day operations of the accounting department.
- Developing and implementing the organization's business plan in alignment with its strategic goals.
- Ensuring the organization's mission and core values are reflected in its workplace, service delivery, and external partnerships.
**Organizational Strategy:**
- Collaborate with the Executive Director and other executive team members to develop strategies that ensure the organization has the capacity and financial resources needed to achieve its current and future goals while mitigating financial and operational risk.
- Develop and maintain effective working relationships with key financial partners, including funders, investors, partners, government agencies, consultants, and vendors.
- Oversee and ensure the effective use of Information Technology systems while managing outside IT vendors to support fundraising and all lines of business, including document, client, and fiscal management systems.
- Oversee employee benefit enrollment and renewals with outside vendors.
**Financial Management and Reporting:**
- Oversee organizational budgeting, accounting, and cash management to ensure accurate reporting, interpretation, and analysis of financial results in conjunction with forecasts and long-range plans.
- Establish and maintain controls to safeguard assets; document and recommend improvements to internal financial policies and procedures.
- Manage and monitor the organization's cash flow and real estate development capital needs, and oversee mater leasing budgets and program budgets.
- Manage and support the preparation of quarterly and annual consolidated corporate audit and tax returns.
- Supervise the Bookkeeper on day-to-day operations, including month and year-end close, accounts receivable and payable, payroll, invoicing, cash receipts, and disbursements.
- Manage investment accounts with investment broker vendors, providing stewardship analysis and monitoring funds.
- Work with the fundraising team to develop grant budgets and reporting.
- Collaborate with the program team to develop financial strategies for financing affordable housing.
- Maintain liability and insurance policies.
**Board and Committees:**
- Attend quarterly Board of Director meetings as the Finance Committee liaison.
- Coordinate activities of the Finance Committee, including developing agendas and providing reports on financial, investment, and organizational performance and projections to committee members in a well-organized, accurate, and timely fashion.
**Why Join Us?**
Our organization was established over 30 years ago and has since become the primary provider of affordable homeownership in Orange County. We are committed to creating affordable housing opportunities for those who serve our community but otherwise could not afford to own a home where they work. Our homes typically sell at 30% to 50% below market value, allowing our homeowners to live close to where they work and their children attend some of the best schools in the state.
**Key Qualifications:**
- Bachelor's degree from an accredited institution and at least five years of financial leadership experience with a nonprofit; housing/real estate knowledge preferred.
- Strong understanding and extensive professional experience with accounting/GAAP principles, particularly for nonprofit organizations, tax requirements, budgeting and forecasting, financial statement preparation and reporting, cash flow management, account reconciliations, accounts payable, banking services, investment oversight, risk management, financial modeling and forecasting, and construction drawing, invoicing submission to banks, and reporting.
- Ability to demonstrate compassionate service with diverse individuals from all walks of life.
- Strong interpersonal skills and the ability to work well in a collaborative environment.
- Demonstrated commitment to diversity, equity, and inclusion.
- Ability to think strategically and a thorough understanding of strategic development.
- Must be self-motivated, results-oriented, and able to set priorities and work on numerous projects simultaneously.
- Excellent organizational, communication (both verbal and written), analytical, and negotiating skills.
- High energy, positive "can-do" attitude, curiosity, flexibility, teamwork, and attention to detail; high degree of initiative.
- Highly proficient with computer skills and knowledge of Excel and other finance software; knowledge of QuickBooks and Salesforce.
**To Apply:**
If you are interested in this exciting opportunity, please click on the link to the Finance Manager position profile at [Link]. You will see instructions for uploading your compelling cover letter, resume, and salary requirements. Please provide all requested information to be considered. In case of any technical problems, contact [Email]. No phone calls, please, and no applications will be accepted by email or directly from third-party posting sites.
This position includes flexibility for partial remote work. The salary range starts at $80,000. Benefits include medical, dental, short and long-term disability, life insurance, a 403(b) retirement plan with a 7% salary contribution vested immediately, accrued vacation and sick time, and 15 paid holidays.
We strive to reflect our community and hold ourselves accountable to building a diverse and inclusive organization. We promise to act on that commitment and respect each other in the process. Our community and workplace are safe, encouraging, equitable spaces.
Employment Type: Full-Time
Salary: $ 80,000.00 90,000.00 Per Year
Job Tags
Holiday work, Permanent employment, Full time, Temporary work, Immediate start, Work from home,