Finance Director

POSITION SUMMARY

This 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.

• 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

• 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

• Lead financial strategy for nonprofit and subsidiary growth
• Evaluate and support new business and development opportunities
• Provide financial modeling for feasibility and investment decisions

• Lead annual budget development and monitor performance
• Identify trends, variances, and risks; implement corrective actions
• Support long-term financial planning and sustainability

• 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

• 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

• Lead all audits, financial reporting, and regulatory compliance activities
• Serve as liaison with auditors and oversight agencies
• Address audit findings and mitigate financial risks

• Oversee cash management, banking relationships, and liquidity
• Monitor reserves and financial performance across properties and entities

• 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