Chief Financial Officer

Description About Prospera

Prospera has been empowering families since 1993 by providing safe, high-quality affordable housing with support services to those in need. As a mission-driven, values-based nonprofit, Prospera is committed to fostering family stability and a strong sense of community by addressing individual needs.

At the heart of our work are our core values: integrity, accountability, excellence, commitment, dignity, fairness, and respect. These core values serve as our guiding principles and shape everything we do, from how we serve our residents, to how we support one another as a team.

At Prospera, every team member plays a vital role in advancing our mission. We welcome passionate individuals who are ready to make a meaningful difference in the lives of others.

The Chief Financial Officer (CFO) serves as a strategic and operational leader responsible for stewarding Prospera Housing Community Services' financial health, sustainability, and compliance in support of its mission to provide and preserve high-quality affordable housing for low-income communities. Reporting to the Executive Director/CEO and serving as a key member of the senior leadership team, the CFO oversees all financial operations, risk management, and financial strategy across a complex portfolio of housing assets, funding sources, and regulatory requirements.

• Partners with the Executive Director/CEO and Board of Directors to develop and implement long-term financial strategy that supports the organizational mission and growth
• Provides timely, accurate financial analysis and insights to inform strategic decisions, capital planning, and organizational sustainability
• Serves as lead staff to the Board, Finance and Audit Committees, preparing materials and presenting financial results and projections
• Represents the organization through participation in trade and industry associations
• Represents the organization by attending meetings and functions held with government, banking institutions, funding agencies and other stakeholders

• Directs all accounting, budgeting, forecasting, and financial reporting functions in accordance with GAAP and nonprofit accounting standards
• Oversees preparation and monitoring of annual operating budgets, multi‑year financial forecasts, and cash‑flow projections
• Ensures accurate consolidation and reporting across multiple properties, entities, and funding streams
• Prepares corporate budgets with departmental input
• Develops, publishes and maintains Policy and Procedures Manual for the financial activities of the organization, including documenting and monitoring internal financial controls

• Oversees financial management of affordable housing programs, including LIHTC (Low‑Income Housing Tax Credits), HUD‑funded programs, Section 8, and other public or private funding sources
• Ensures compliance with federal, state, and local regulations, funder requirements, and partnership agreements
• Coordinates property‑level financial performance analysis, reserve planning, and long‑term asset sustainability

• Leads annual audits and tax filings (including Form 990), serving as primary liaison to external auditors, investors, and regulators
• Establishes and maintains strong internal controls, risk‑management practices, and financial policies and procedures
• Ensures organizational adherence to best practices in financial governance and transparency

• Manages cash, debt, investments, and banking relationships
• Oversees financing activities including loans, refinancing, bond issues, and capital structures for housing developments and renovations
• Monitors covenant compliance and investor reporting requirements

• Supports grant development and contract negotiations by providing financial models, budgets, and compliance oversight
• Ensures proper tracking, reporting, and reconciliation of restricted and unrestricted funds

• Leads and mentors finance staff; fosters a collaborative,…