Gulf Coast Housing Partnership - New Orleans, LA

posted 4 months ago

Full-time - Executive
New Orleans, LA
Heavy and Civil Engineering Construction

About the position

The Chief Financial Officer (CFO) is principally responsible for the planning, development, implementation, and oversight of fiscal management, fiscal compliance, and financial software administration within the organization. This role requires close collaboration with the President and CEO to develop long-term strategic initiatives that align with the organization's mission and goals. The CFO will play a critical role in ensuring the financial health of the organization, overseeing all financial operations, and providing strategic direction to support the organization's objectives. The CFO will oversee the financial management of the company, its subsidiaries, and managed companies. This includes initiating fiscal management strategies to meet targeted objectives and ensuring coordination among organizational goals, long-range financial planning, and daily financial functioning. The role also involves establishing and maintaining appropriate controls to ensure compliance with internal and external regulations, as well as ensuring the timely and accurate preparation and recording of accounting data in accordance with Generally Accepted Accounting Principles (GAAP). In addition to financial oversight, the CFO will manage treasury operations, including operating cash flows and adherence to treasury management policies. The preparation of interim and year-end financial statements, including consolidated financial statements, is also a key responsibility. The CFO will prepare fiscal reports, financial plans, and forecasts, including annual budgets and cash flow projections, and will direct and support department employees in the planning and execution of audits, as well as the preparation of corporate and subsidiary tax returns. The CFO will also oversee all areas of property portfolio accounting and financial management software systems, ensuring effective procurement and training. Collaboration with other departments to develop and implement new systems for data collection, tracking, operations management, and reporting is essential. The CFO will develop and implement accounting, administrative, and fiscal policies and procedures, ensuring they are effective and adhered to by supervising, instructing, and training Accounting Department staff. Additionally, the CFO will prepare reports for the Board of Directors and facilitate Audit and Finance Committee meetings, including scheduling and minutes preparation. Other activities may be performed as requested by the President & CEO.

Responsibilities

  • Oversee the financial management of the company, its subsidiaries, and managed companies.
  • Initiate fiscal management strategies to meet targeted objectives and assure coordination among organizational goals, long-range financial planning, and daily financial functioning.
  • Establish and maintain appropriate controls to ensure internal and external compliance as required.
  • Ensure timely and accurate preparation and recording of accounting data in accordance with Generally Accepted Accounting Principles.
  • Oversee treasury management, including managing operating cash flows.
  • Oversee treasury management policies and ensure adherence to these policies.
  • Oversee preparation of interim and year-end financial statements for company and subsidiaries, including consolidated financial statements.
  • Prepare fiscal reports, financial plans, and forecasts, including annual budgets and cash flow projections.
  • Direct and provide support to the department employees in the planning and execution of audits and ensure that the accounting process is current and can accommodate timely completion.
  • Direct and provide support to the department employees in facilitating the outside CPA preparation of corporate and subsidiary tax returns and ensure timely filing with the IRS.
  • Direct and provide support to the department employees in the financial reporting to donors, lenders, and supporting agencies.
  • Oversee all areas of property portfolio accounting.
  • Oversee financial management software systems, procurement, and training.
  • Work closely with other departments in the development and implementation of new systems for data collection, tracking, operations management, and reporting.
  • Develop and implement accounting, administrative and fiscal policies, and procedures and ensure that they are effective and adhered to by supervising, instructing, and training Accounting Department staff.
  • Prepare Board of Directors and Audit & Finance Committee meeting reports as required.
  • Attend Board of Director meetings and facilitate the Audit and Finance Committee meetings including scheduling and minutes preparation.
  • Perform other activities as requested by President & CEO.

Requirements

  • Undergraduate degree is required; MBA or CPA preferred.
  • A financial executive with a minimum of 10 years related experience in real estate development with emphasis on project finance and the non-profit field including government and foundation grant funding.
  • Experienced in multi-entity consolidations, corporate borrowings, and contract review.
  • Working knowledge of tax credit and bond financing, audits, and tax return preparation.
  • Must be committed to, and find passion in, GCHP's mission.
  • Must be comfortable in a non-profit organization.
  • Must bring an intensity and best-of-breed business approach to the organization.
  • Well-organized and self-directed individual who is a team player.
  • An energetic, forward-thinking, and creative individual with high ethical standards.
  • Ability to establish protocols and methods and train others in them; balances a hands-on approach with strong ability to delegate.
  • Effective written and oral communication skills; excellent presentation skills.
  • A decisive individual who possesses a 'big picture' perspective and is well versed in systems.
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