Chief Financial Officer

3 months ago

Boston, United States CHINESE CONSOLIDATED BENEVOLENT ASN Full time

Job Title: Chief Financial Officer (CFO)

Location: Boston, MA

Organization: CCBA (Chinese Consolidated Benevolent Association of New England)

Reports To: President

Type: Full-Time


About CCBA:
CCBA is a non-profit organization committed to offering essential services and housing development initiatives to the community. Our mission encompasses civic, cultural, and educational goals, including preserving and promoting Chinese-American history and culture, advocating for civil rights, developing affordable housing, and serving the Chinese-American community in Chinatown and the New England area.


Position Overview:
The Chief Financial Officer (CFO) will play a critical role in the overall financial management of CCBA. This executive position requires a strategic thinker who can ensure financial stability, promote effective management practices, and support the organization’s service programs and housing development projects. The CFO will be responsible for overseeing all financial operations, including accounting, budgeting, financial reporting, and compliance.


Key Responsibilities:

  1. Financial Strategy and Planning:
    Develop and implement financial strategies that align with the organization’s mission and goals.
    Oversee the preparation of annual budgets and long-term financial plans for service programs and housing development projects.
    Provide financial forecasting and risk management to support decision-making.
  2. Financial Management and Reporting:
    Ensure accurate and timely financial reporting, including monthly financial statements, audits, and regulatory filings.
    Monitor financial performance and analyze variances to ensure budget adherence.
    Oversee cash flow management and financial controls to ensure sustainability and liquidity.
  3. Compliance and Risk Management:
    Ensure compliance with all federal, state, and local regulations, as well as grant requirements and donor restrictions.
    Maintain robust internal controls to safeguard the organization’s assets and mitigate financial risks.
    Oversee the annual audit process and collaborate with external auditors.
  4. Leadership and Team Management:
    Collaborate with senior leadership and the board of directors to provide financial insights and support organizational goals.
    Represent the organization in financial matters with external stakeholders, including funders, investors, and partners.
  5. Housing Development Finance:
    Manage financial aspects of housing development projects, including funding strategies, cost analysis, and financial reporting.
    Oversee financing arrangements, including loans, grants, and tax credit financing, to support affordable housing development.
    Work closely with the Housing Development Manager to align financial planning with project timelines and objectives.

Qualifications:
Bachelor’s degree in finance, accounting, business administration, or a related field; MBA or CPA preferred.
Minimum of 5 years of progressive experience in financial management.
Experience in non-profit financial management, including service programs and housing development finance.
Strong knowledge of accounting principles, financial reporting, budgeting, and compliance.
Proven experience in managing complex funding streams, including grants, contracts, and tax credit financing.
Excellent leadership, communication, and interpersonal skills.
High level of integrity and commitment to the mission of CCBA.


Benefits:
Competitive salary commensurate with experience.
Comprehensive benefits package, including health, retirement plans, and paid time off.
Professional development opportunities and a supportive work environment.


How to Apply:
Interested candidates should submit a resume and cover letter detailing their qualifications and interest in the position to paula1688@comcast.net with the subject line "CFO Application - [Your Name]."

CCBA is an equal-opportunity employer and is committed to creating a diverse and inclusive environment. We welcome applications from all qualified candidates.

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