Chief Financial Officer

Location: Seattle

Position Overview:

Our client, a newly established public development entity created by voter initiative to acquire, develop, and operate permanently affordable social housing in Seattle, is seeking its inaugural CFO to be a key member of the executive leadership team and a core strategic partners to the CEO. The CFO is a foundational hire at a pivotal inflection point for the organization. CFO will be responsible for building the financial backbone of the organization from the ground up and will lead financial planning, budgeting, compliance, and capital strategy-ensuring that the organization's mission is backed by rigorous stewardship and long-term sustainability.

Key Responsibilities:

• Develop and execute long-term financial strategy aligned with the organization's mission and growth trajectory
• Serve as a thought partner to the CEO and Board on capital planning, risk management, and organizational sustainability
• Lead treasury, financial controls, and investment strategy to responsibly steward and grow tens of millions of dollars in public funds.
• Partner with development staff and advisors to inform and review financial modeling for real estate development, including pro forma analysis and scenario planning
• Lead the development of financial policies, procedures, and internal systems
• Oversee accounting, audit, and internal controls in compliance with public sector and nonprofit standards
• Leverage financial tools and funding mechanisms to expand financing resources for housing projects, including public financing, and mission-aligned investment
• Engage with public agencies, philanthropic partners, and community stakeholders to build trust and transparency.
• Lead audit preparedness and compliance with city and state oversight requirements, recognizing the elevated scrutiny facing a new public development authority
• Ensure compliance with all applicable public authority, nonprofit, and housing finance regulations, including requirements related to public meetings, public records, and transparency

Qualifications:

• 10+ years of progressive financial leadership experience, including at least 3 years in a senior executive role
• Deep knowledge of nonprofit, public sector, or mission-driven real estate finance
• Strong understanding of GAAP and demonstrated experience with complex budgeting, capital planning, financial modeling and audit preparation
• Expertise in treasury and fund accounting, including compliant investment of liquid assets and segregation of property and entity-level finances
• Proven ability to lead teams
• Experience in a start-up environment and proven ability to build systems
• Proven ability to communicate financial information to nonfinancial audiences.
• Demonstrated commitment to the organization's mission and values, including equity, public accountability, and community-centered development

Benefits:

• Competitive salary and a generous benefits package including health, dental, vision, retirement match, and paid leave.
• Hybrid work environment with flexible scheduling, candidate must be based in, or willing to relocate to, the Seattle area
• Opportunity to shape a new institution with lasting community impact.