Chief Financial Officer

2 weeks ago


Knoxville, United States Knoxville's Community Development Corporation Full time

Chief Financial Officer – Knoxville's Community Development Corporation Knoxville’s Community Development Corporation (KCDC) is a public housing authority and redevelopment agency with an operating budget of $90.2 M and assets of $284 M. We are seeking a Chief Financial Officer (CFO) to lead strategic and operational finance, secure capital, and ensure sound financial stewardship across our 41 corporations, 15 limited partnerships, and one nonprofit. Key Responsibilities Attract capital, leverage balance sheet and borrowing capacity, and develop strong financial policies, procedures, and reporting systems. Provide timely financial intelligence and analytical support to the CEO and executive leadership, identifying opportunities for revenue diversification and pursuing grants in partnership with the internal grant‑writing team. Oversee both the public finance practice and accounting functions, managing the Finance Director and a team of thirteen accountants. Ensure compliance with all legal and regulatory accounting and financial reporting requirements; oversee annual audits and guide long‑term financial projections. Lead the annual budgeting process, working closely with senior leadership to develop realistic, actionable budgets. Maintain internal controls and ensure records adhere to Generally Accepted Accounting and Auditing Principles and Standards. Support KCDC’s strategic development finance framework, including bond rating processes and certification as a Community Development Entity. Present key financial scorecards, regular statements, and annual budgets to the Board of Directors and managed entities. Priorities Build and maintain collaborative relationships with the CEO, executive leadership, and staff to support KCDC’s mission and long‑term financial sustainability. Provide strategic financial leadership grounded in sound analysis, aligned with long‑term goals, and compliant with legal standards. Identify and pursue diverse revenue sources, including grants, non‑tax revenues, and creative borrowing strategies. Support adoption of a new strategic development finance framework to strengthen KCDC’s role as Knoxville’s redevelopment leader and enable new financing tools. Deliver presentations to the Board and entities of key financial metrics, statements, and budgets. The Successful Candidate a seasoned financial strategist and operational leader with deep experience in complex governmental, quasi‑governmental, and private real estate finance. Demonstrated expertise includes budgeting, strategic forecasting, compliance, risk management, and oversight of sophisticated financial systems. Adept at both big‑picture strategy and intricate detail, the CFO will bring analytical, entrepreneurial, and collaborative leadership qualities. Qualifications Minimum of a bachelor’s degree in accounting, finance, business administration, public administration, or a related field. At least 10 years of progressively responsible financial management experience, with direct responsibility for budgeting, reporting, forecasting, compliance, risk management, and accounting oversight. Minimum of five years in a senior leadership or executive role with supervisory responsibility. Preferred: master’s degree in a related field, CPA certification, and experience in complex, multi‑entity governmental or real estate environments. Experience with public‑private partnerships, complex fund structures, and innovative capital raising tools. Inside the Organization Our work spans: New construction, mixed‑income redevelopment, capital projects, RAD conversions, and asset management across >3,800 units. Housing Choice Voucher Administration – one of East Tennessee’s largest rental assistance programs. Neighborhood Revitalization & Redevelopment Planning – major initiatives driven by federal grants, public‑private partnerships, and long‑term financial planning. Resident & Community Services – workforce development, youth services, service coordination, and cross‑sector collaborations. Compliance, Governance & Strategic Investment – HUD requirements, bond financing, tax credits, audits, and long‑range capital planning. Compensation and Benefits Competitive salary commensurate with experience. KCDC offers health, dental, vision, life, short‑ and long‑term disability insurance, and a retirement plan with 8.8 % employer contribution. How to Apply Applications are accepted electronically at kcdc.org. The offer is open until filled, with the first review of applications beginning December 19, 2025. Seniority Level Executive Employment Type Full‑time Job Function Accounting / Auditing #J-18808-Ljbffr



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