Chief Financial Officer

• Base Pay $ - $ / Year
• Employee Type FT Exempt
• Manage Others Yes

Position Overview

The Chief Financial Officer (CFO) provides strategic, financial, and operational leadership to the Chief Executive Officer (CEO), senior leadership, program directors, subsidiary leaders, and CEI’s Board of Directors to plan, direct, and coordinate all financial activities necessary to achieve CEI’s organizational goals. As a member of the Senior Leadership Team, the CFO ensures that proper financial systems, controls, and resources are in place and conducts financial analysis and modeling of existing and potential financial scenarios, all to effectively support the organization’s mission, growth, and sustainability.

The CFO reports to the CEO and leads the finance and accounting staff.

The CFO represents CEI on several subsidiary boards and works closely with subsidiary finance staff to track and incorporate the financial data and forecasts of subsidiaries into CEI’s consolidated budget and financials. In collaboration with CEI’s CEO, President and Chief Lending & Investment Officer (CLIO), the CFO manages relationships with existing and potential capital sources and is responsible for providing financial reporting to these investors.

The CFO brings diverse perspectives, deep technical experience, and leadership skills that allow them to work with people from different backgrounds and foster strong relationships internally with staff and with external partners and networks, and model CEI’s values and good management and supervisory practices as the leader of the department, as well as model CEI’s values and leadership practices as a member of CEI’s Executive Team.

The CFO is responsible for:

Financial Oversight, Capital Raising and Management

Provide overall direction for and leadership of staff who manage CEI’s financial assets. Functions managed include:

· Asset and liability oversight, including cash management and treasury function as well as capital allocation decisions, in conjunction with CEI’s Integration Team.

· Financial modeling of long-term financial projections to support growth strategies and operational changes, providing recommendations for implementation.

· Annual operating budget preparation in collaboration with the CEO and President and in consultation with department heads and the Director of Accounting.

· Trend analysis to ensure CEI is well-positioned to meet its obligations and sustain its corporate status.

· Financial administration of the CEI investment notes product, in collaboration with the CLIO.

Report on CEI’s financial activity to CEI and subsidiary Boards of Directors, committees, and existing and prospective funding sources, including the negotiation, management of, and reporting on financial covenants.

Establish, negotiate, and execute capital raising objectives for CEI and its subsidiaries, proactively participating in fundraising for CEI’s loan/investment funds.

Ensure compliance with public and private grant and loan agreements.

Contribute to corporate leadership, direction, and ongoing management:

· Be a proactive and engaged member of and offer expertise to CEI’s Senior Leadership Team, Integration Team, and Operations Leadership Team.

· Present financial statements to CEI to support understanding of CEI financial position and support of CEI activities.

· Contribute to CEI’s strategic planning processes to inform CEI’s strategic direction.

Represent CEI publicly and promote its community development finance role and capacities to serve its markets and audiences:

· Develop and maintain positive relationships with investment funding sources.

· Present at industry conferences and impact investment forums to promote CEI’s mission and finance-related practices.

· Serve on the boards of CEI subsidiary entities (at the discretion and request of CEI’s CEO and Board of Directors).

· Attend and present at Board of Directors’ meetings as well as committee meetings, particularly the Executive & Finance and Audit Committees.

· Staff the CEI Audit Committee.

Support the President and the CLIO to plan financial objectives for lending and investing, assess performance, and guide and monitor…