Chief Financial Officer

Chief Financial Officer The Organization

Invest Newark (NJ) is a mission‑driven economic development organization working in close partnership with the City of Newark and public sector agencies to advance equitable economic prosperity for all Newark residents. We deploy innovative financial tools, steward public and philanthropic capital, expand access to affordable housing and digital infrastructure, support small and minority‑owned businesses, and coordinate across government, private, and nonprofit stakeholders to build vibrant, inclusive communities.

Operating at the intersection of public finance, economic development policy, and community investment
, Invest Newark manages a diverse portfolio of initiatives with an annual operating budget exceeding $10 million.

Invest Newark seeks a Chief Financial Officer (CFO) who brings a deep commitment to public service and experience navigating the financial, regulatory, and operational complexities of a public‑sector or quasi‑governmental environment. The CFO is the organization’s senior financial executive with wide financial and operational authority.

As a strategic partner to the President & CEO and a core member of the senior leadership team, the CFO will:

• Steward public, private, and philanthropic funds with transparency and accountability.
• Lead all financial, compliance, and operational functions with a focus on public trust, responsible governance, and long‑term sustainability.
• Directly supervise a team of 3–4 professionals and oversee organizational operations, ensuring efficiency and alignment with public‑sector standards.
• Serve as Treasurer of the Board of Directors and primary liaison with auditors, financial institutions, and government partners.

This highly visible role requires an executive skilled in balancing fiduciary rigor with the adaptive, mission‑aligned execution required in a public‑impact environment.

• Provide strategic financial leadership for an organization with an annual budget exceeding $10 million, ensuring stewardship of public, grant, and restricted funds.
• Lead budgeting, forecasting, cash management, treasury functions, and internal controls consistent with public‑sector best practices.
• Develop scenario analyses and long‑range financial models that support government‑aligned program planning and policy‑driven initiatives.
• Ensure timely, accurate, and transparent financial reporting for the Board, funders, public agencies, and regulatory bodies.

• Partner with the President & CEO on long‑term strategy, multi‑year financial planning, and policy‑aligned program development.
• Represent Invest Newark with public agencies, financial institutions, foundation partners, and civic stakeholders.
• Collaborate with the City’s citywide grants officer to support coordinated grant development, fiscal oversight, and compliance for City‑aligned funding opportunities.

• Contribute to public‑sector funding strategies, capital formation, and intergovernmental partnerships.

• Serve as the primary liaison to external auditors, lead audit planning, compliance, and preparation of tax filings and financial statements.
• Ensure adherence to federal, state, and local regulations governing grants, public funds, and program operations.
• Support finance and audit‑related Board and committee functions with rigor and transparency, reinforcing public trust.

• Oversee structuring of real estate projects, and financing for broadband, small business, and economic development programs, including public‑sector capital tools such as HOME, CDBG, state Urban Enterprise Zone programs, and municipal funding streams.
• Maintain strong relationships with government finance entities, lending institutions, and philanthropic partners.
• Manage investment portfolios, monitor performance, and support prudent, mission‑aligned capital allocation.

• Manage and develop a team of 3–4 finance and operations professionals, fostering a culture grounded in public service,…