Chief Financial Officer
16 hours ago
Chief Financial Officer, Jubilee Housing
Jubilee Housing seeks an experienced and mission-driven finance leader to advance its justice housing model and guide its financial strategy. Since 1973, Jubilee has worked to provide high-quality affordable housing and holistic support to those experiencing persistent economic hardship in the Adams Morgan and Columbia Heights neighborhoods of Washington, DC.
The Chief Financial Officer (CFO) holds responsibility for all finance, accounting, and compliance functions of the nonprofit and its affiliates, spanning property management, resident services, and affordable housing development, financing, and construction. As one of DC's leading providers of affordable housing, Jubilee owns and manages more than 500 housing units. The CFO works closely with the CEO, senior leadership, and the board to develop and maintain an asset management function for Jubilee's real estate portfolio.
The CFO leads a 10-person department, with supervisory responsibility for the Controller, Asset Manager, and Compliance team. The ideal candidate is a collaborative, values-driven finance leader with experience managing nonprofit financial operations exceeding $10 million, and deep knowledge of GAAP, OMB Uniform Guidance, and FASB standards. Specific areas of responsibility include:
Leadership and Strategy
- Advise senior leadership and board on financial strategy, performance, and sustainability.
- Lead financial strategy for the strategic plan, including developing forecasting models and processes to assess and communicate progress against goals.
- Present financial reports to the board; serve on the Finance and Audit Committees.
- Represent Jubilee to lenders, investors, agencies, and philanthropic partners.
- Lead, develop, and inspire a skilled finance team.
Financial Management
- Oversee accounting and reporting systems to ensure timely, accurate, and compliant financial reports under GAAP and regulations from local, federal, and institutional partners.
- Strengthen financial systems, tools, and procedures and provide training on their use.
- Direct annual operating and capital budgets, multi-year forecasts, and financial planning.
- Support senior leadership to implement financial best practices for property operations, grants accounting, and timely and accurate funder reporting.
Capital and Asset Management
- Direct cash flow forecasting and liquidity across entities and restricted funds; ensure adequate capital to support operations, development projects, and reserves.
- Oversee banking, investments, and vendor contracts to steward resources prudently.
- Partner with real estate, property management, and asset management teams to optimize portfolio performance, capital planning, and refinancing strategies.
- Support real estate development team in complex affordable housing transactions.
Internal Controls, Compliance, and Risk Management
- Maintain robust internal controls, policies, and risk management systems across all entities.
- Ensure compliance with regulatory, audit, tax, and loan covenant requirements.
- Lead annual audits, IRS Form 990 filings, and required state and corporate business filings.
- Monitor and complete annual recertifications, permits, licenses and rating renewals.
Experience, Skills, and Qualities
The most competitive applicants will have many, if not all, of the following attributes:
- 10+ years of progressive financial management experience, including experience leading finance functions as a Controller, Director, or Chief Financial Officer.
- Deep understanding of GAAP, OMB Uniform Guidance, nonprofit accounting standards, and revenue recognition rules.
- Experience with budgeting, forecasting, and capital planning.
- A high level of emotional intelligence, integrity, cultural sensitivity, and interpersonal skills.
- Proven ability to structure, lead, and inspire a high-performing finance and accounting team.
- Excellent communication skills—able to translate complex financial information for non-financial audiences, including program leaders and board members.
- Adept at successfully implementing and integrating systems, policies and protocols.
- Commitment to community development and helping low-income communities
Considered a plus:
- Experience with real estate, including developing, financing, construction, and/or property management with multifamily affordable housing.
- Experience with grant compliance and reporting.
- An active CPA, CMA, or Chartered Accountant credential.
- Familiarity with RealPage or OneSite software.
Location
Jubilee Housing is headquartered in the Adams Morgan neighborhood of Washington, DC. Team members work a hybrid schedule with three days on-site each week.
Compensation
The range for this position is $170,000 - $190,000. Benefits include health, dental, and vision insurance, matched retirement contributions, and paid time off, including paid parental leave.
Application Process
Jubilee Housing has retained Good Insight, a national executive search firm serving nonprofits, to conduct this search. See the full executive profile and application information at . Resume reviews begin immediately. For best consideration, apply by late November, 2025. Early applications are encouraged due to the pace of the search.
Equal Opportunity Employer
Jubilee Housing is an equal opportunity employer and considers all applications without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, or any other legally protected status.
Job Type: Full-time
Pay: $170, $190,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Parental leave
- Vision insurance
Work Location: Hybrid remote in Washington, DC 20009
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