Director of Finance

Position SummaryThis position serves as the Chief Financial Officer for the Portland Housing Authority in Portland, Maine, a $55+ million organization with a complex portfolio of public, nonprofit, and for-profit entities and over $33 million in net public assets. The Director provides executive-level financial leadership, ensuring fiscal integrity, regulatory compliance, and long-term sustainability across a diverse and evolving portfolio. As a key member of the leadership team, this role supports strategic expansion, oversees financial operations, and advises the Executive Director and Board on financial performance, risks, and opportunities. CORE RESPONSIBILITIES Executive Financial Leadership Serve as CFO, providing strategic financial oversight across all entities  Advise Executive Director and Board on financial condition, risks, and long-term strategy  Prepare and present clear financial reports and dashboards  Financial Management & Internal Controls Oversee accounting operations in compliance with GAAP, HUD, and applicable regulations  Maintain and strengthen internal controls and financial policies  Ensure accurate financial reporting and proper use of restricted funds  Strategic Expansion & Development Lead financial strategy for nonprofit and subsidiary growth  Evaluate and support new business and development opportunities  Provide financial modeling for feasibility and investment decisions  Budgeting & Financial Planning Lead annual budget development and monitor performance  Identify trends, variances, and risks; implement corrective actions  Support long-term financial planning and sustainability  HUD, Grants & Subsidy Management Oversee HUD funding requisitions (eLOCCS) and compliance reporting  Manage financial performance of HCV, Mainstream, and special programs  Ensure accurate reporting across all federal, state, and local funding sources  LIHTC & Investor Relations Oversee LIHTC compliance, cost certifications, and long-term monitoring  Serve as primary financial liaison to lenders and equity investors  Ensure accurate investor reporting and partnership oversight  Timely processing, close-out and reporting of property operating budgets and support for Asset Management and Property Management in the preparation of annual budgets Audit, Compliance & Risk Lead all audits, financial reporting, and regulatory compliance activities  Serve as liaison with auditors and oversight agencies  Address audit findings and mitigate financial risks  Treasury & Asset Oversight Oversee cash management, banking relationships, and liquidity  Monitor reserves and financial performance across properties and entities  Department Leadership Supervise Finance staff and establish clear roles and expectations  Build team capacity and ensure strong internal coordination  Foster a culture of accountability, accuracy, and service  QUALIFICATIONS Experience 10+ years of progressive financial leadership experience  Experience in public sector, housing, or regulated environments preferred  Background in multi-entity financial structures and audits  Skills & Competencies Strong knowledge of GAAP, HUD financial systems, and compliance  Experience with LIHTC and investor/lender relations  Advanced financial modeling and analytical skills  Ability to communicate complex financial information clearly  Education Bachelor’s degree in Accounting, Finance, or related field required  CPA, MBA, or similar credential preferred  DESIRABLE EXPERIENCE HUD modernization programs (RAD, Section 18)  Social enterprise or mixed-income housing models  Grant and capital funding administration