CHIEF FINANCIAL OFFICER

Housing Assistance Corporation seeks a finance professional with nonprofit housing expertise to serve as its Chief Financial Officer (CFO). The ideal candidate will have at least 5 years of proven leadership in a senior financial role in a nonprofit organization, with a minimum of 4 years of supervisory experience in a management position. Mission Housing Assistance Corporation (HAC) is a non‑profit organization committed to providing safe and affordable housing for persons of limited income living in Henderson County, North Carolina, and surrounding areas. HAC believes every human being deserves the opportunity to live in a decent home. Reporting Structure The CFO reports to the CEO and supervises an Assistant Director of Finance and a Program Accountant. Total Staff & Budget 29 staff members and an annual budget of $10M. Salary & Benefits The salary for this position is $95,000. Benefits include group health (100% employee premiums / 50% dependent premiums), dental, vision and life insurance, short and long‑term disability insurance. In addition, HAC offers a 3% matching contribution annually toward a retirement plan, 15 days of vacation, 2 personal days, 10 sick days, and 12 paid holidays. Working Environment/Location In Office/Hendersonville, NC. Key Responsibilities of the CFO Overall responsibility for the financial strategy of the organization and management of all fiscal and fiduciary affairs. Reporting to investors, lenders, grantors, and government agencies; cash and investment management; budgeting and forecasting; and managing day‑to‑day operations of the accounting department. Development of strategy with the CEO and executive leadership to ensure capacity and financial resources to achieve current and future goals while mitigating risk. Key advisor to the Board of Directors and convener of the Finance Committee. Ensuring accurate grant budgeting, cost allocation, revenue recognition, reimbursement requests, and financial reporting. Supervise the Program Accountant on managing project budgets for single‑family housing and tracking payments for all programs. Supervise the Assistant Director of Finance on day‑to‑day operations including month‑ and year‑end close, accounts receivable and payable, financial reports, payroll, invoicing, cash receipts, and disbursements. Develop and maintain effective working relationships with key financial partners including funders, investors, partners, government agencies, consultants, and vendors. 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. Ensure integrity, accuracy, and timeliness of all financial records and reports in accordance with GAAP and nonprofit best practices, including strong internal controls, risk management practices, and financial governance across the organization. Oversee and support the preparation of the annual consolidated corporate single audit (for state and federal grant funding) and tax returns. Complete timely financial statements and reports on transactions and/or information requests. Oversee payroll and benefit administration. Manage and monitor the organization’s cash flow and real estate development capital needs. Lead budgeting, planning, and financial analysis for operating and program budgets. Partner with program, construction, rehab, and development teams to ensure sound financial planning and cost control. Oversee financial management of construction, infrastructure, and housing development projects. Provide high‑level financial analysis, scenario modeling, and decision support to leadership and the board. Work collaboratively with the CEO and leadership to review potential acquisitions, debt, equity and public subsidy proposals and partnership/operating agreements. Manage multi‑family properties and make investment decisions in accordance with the Private Placement Memorandum. Review legal agreements including mortgages, loan documents, subordination agreement and guarantees as part of financing and construction loan closing. Prepare and issue funding requisitions for all real estate development projects under construction. Ensure equity draws, project cost certifications and other reporting to investors and government agencies are completed accurately and timely. Review performance indicators, forecasts, and compliance of the affordable housing portfolio. Manage a revolving loan fund for real estate development activities as needed. Attend all Board of Directors meetings and coordinate activities of the Finance Committee. The Ideal Candidate Profile Bachelor’s degree and at least five years of senior financial leadership experience in a nonprofit; CPA and affordable housing or real estate knowledge preferred. Demonstrated ability to think strategically with a thorough understanding of strategic development. Strong understanding of accounting/GAAP principles, tax requirements for nonprofit organizations, 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. Strong interpersonal skills to relate to partners, government leaders, volunteers, and colleagues. Ability to work well in a collaborative environment. Self‑motivated, results‑oriented, able to set priorities and work on numerous projects simultaneously. Excellent organizational communication (verbal and written), analytical and negotiating skills. Highly proficient with computer skills and knowledge in Excel, QuickBooks, and other finance software. Significant experience with federal, state, and private grants management, compliance, and audit processes. Demonstrated leadership in financial management, internal controls, and organizational finance operations. Proven ability to lead teams, manage complex financial operations, and partner effectively with senior leadership. About Housing Assistance Corporation HAC strives to make a difference in the lives of the Henderson, Polk, and Transylvania County communities by building new construction projects designed to put families into homes that they might not otherwise be able to manage. They also enhance the community by providing home repairs for people with disabilities and the aging. HAC is committed to providing safe and affordable housing for persons of limited income living in Henderson, Polk, and Transylvania Counties because they believe every human being deserves the opportunity to live in a decent home. Founded in 1988 by members of Trinity Presbyterian Church, HAC began to develop single and multi‑family housing. In 2004, HAC became a grantee of the North Carolina Community Development Initiative. Since joining the initiative, they have diversified and increased multifamily housing production and single‑family housing production by 50%, added an alternative program for single‑family housing, expanded their Home Repair Programs, and initiated a Fall Prevention Program. In the aftermath of Hurricane Helene’s devastating effects on the region in 2024, Housing Assistance became a member of North Carolina Voluntary Organizations Active in Disaster, NCVOAD. Today, programs offered by Housing Assistance are housing counseling, single‑family new home construction, multifamily unit construction, home repair, and disaster recovery. #J-18808-Ljbffr