Chief Financial Officer

Evernorth - Burlington, VT

Full-time - Executive

Burlington, VT

About the position

The Chief Financial Officer (CFO) at Evernorth is a pivotal role responsible for directing the financial operations of the organization and its subsidiaries. This position encompasses a wide range of responsibilities, including overseeing Finance, Tax, Audit, and Capital Management functions. The CFO will lead the finance and capital management staff, manage the real estate-owned loan portfolio, and handle Treasury and investor reporting. A key aspect of this role is maintaining strong relationships with investors and overseeing the formation and operations of Evernorth's multi-investor and proprietary funds. The CFO will also play an active role in the Executive and Senior leadership teams, contributing to the development of organizational goals, strategies, and performance metrics. In terms of specific responsibilities, the CFO will participate in the development of the organization's vision and strategy, as well as business and human resources policies. They will serve as a member of the Oversight Committee, providing guidance on capital raising, risk management, and conflicts of interest. The CFO will staff the Board Finance Committee, providing quarterly financial reports for board oversight, and will establish and maintain relationships with the Board of Directors and major investors. On the corporate finance side, the CFO will oversee accounting, audit, tax, budgeting, cash flow management, and insurance activities. They will be responsible for internal accounting controls, manage the corporate investment portfolio, and coordinate the establishment of annual operating budgets. The CFO will also supervise loan servicing and financial transactions for New Markets Tax Credit (NMTC) projects and ensure compliance with grant and funding agreements. In capital management, the CFO will oversee the Capital Management Department, participate in the formation and management of Evernorth's funds, and ensure the integrity of financial models and reporting to investors. They will also monitor loan portfolios, assess risks, and oversee compliance aspects of Treasury programs. This role reports directly to the President and supervises key financial positions within the organization.

Responsibilities

• Direct the finances of Evernorth and its subsidiaries, overseeing Finance, Tax, Audit, and Capital Management functions.
• Hire and supervise finance and capital management staff.
• Manage the Evernorth real estate-owned loan portfolio, Treasury, and investor reporting.
• Maintain investor relationships and oversee the formation and operations of Evernorth's multi-investor and proprietary funds.
• Participate in the development of the vision, strategy, and goals for the organization.
• Serve as a member of the Oversight Committee, providing direction on capital raising and risk management.
• Staff the Board Finance Committee and provide quarterly financial reports for board oversight.
• Establish and maintain relationships with the Board of Directors and corporate financial institutions.
• Oversee and direct accounting, audit, tax, budgeting, and cash flow activities for the organization.
• Manage the corporate investment portfolio and establish annual operating budgets.
• Supervise loan servicing and financial transactions for NMTC projects.
• Ensure compliance with state and federal nonprofit status and SEC filings.
• Oversee the operation of the Capital Management Department and participate in fund management.
• Monitor loan portfolios and assess risk in various types of loans.

Requirements

• 10 or more years of experience in executive leadership roles.
• Excellent leadership and management, coaching, and mentoring skills.
• Proven risk management skills.
• Understanding of advanced accounting, regulatory issues, and tax planning.
• High level knowledge of tax-advantaged financing, structuring, and compliance.
• Excellent written and verbal communication skills.
• Ability to lead and adapt to change and work effectively across the organization.

Nice-to-haves

• Master's degree (or equivalent experience) in business or finance.
• Experience in syndication, real estate development, or affordable housing.
• Proficiency in Microsoft Office products including Office 365, Excel, Word, and Outlook.
• Well organized and flexible, able to balance multiple priorities with sensitive timelines.
• Ability to work well independently and as a team member.