Job Listing - Director of Finance and Business Affairs (a.k.a. CFO)
To view the Microsoft Word version of this Job Posting, please click here: 2020 CFO description.docx

JOB DESCRIPTION: Director of Finance and Business Affairs
(a.k.a. CFO)
Duration: Permanent, Full-Time Position
Reports To: Executive Director and Board of Directors
Salary Range: $85,000 - $90,000, depending on experience
Benefits: Medical, Vision & Dental Insurance
Employer Matched 403(b) Pension
Personal Time Off, Holidays, Long Term Disability

Innovative Housing, Inc. (IHI) is a nonprofit housing provider serving low-income households in the Portland metro region since 1984. IHI has an operating budget of $2-2.5 Million, not including our housing development projects, significant cash liquidity, and over $30 Million of net assets. IHI owns and operates 16 affordable housing communities and provides supportive services to more than 900 households. We are a small, efficient team of mission-driven individuals doing great things. IHI's residents represent many different communities and lived experiences and we strive to have our staff reflect this diversity. People of color are strongly encouraged to apply for this position. Read more about us at

The Director of Finance and Business Affairs is responsible for managing the financial operations, accounting activities, and business operations for the organization, including human resources. The Director of Finance and Business Affairs is a key member of the leadership team and will participate in the development and implementation of strategic goals, particularly as they relate to the financial resources of the organization.

Purpose and Summary

The goal of the Academic Success Coordinator is to improve educational outcomes for children and youth living in properties owned and operated by Innovative Housing. The Academic Success Coordinator will coordinate educational supports and provide culturally responsive system navigation support for children and their families. The Academic Success Coordinator will work to resolve issues that impact learning and strengthen relationships among parents, public school teachers and administration, and community partners. This position will collaborate with educators, parents, IHI Resident Service Coordinators and other key partners.

Primary Tasks and Responsibilities:

  • Manage all financial operations of IHI and related entities, including preparation of financial statements, cash management, banking, and payroll.
  • Work with Executive Director to develop and maintain the annual budget and longer-range financial projections.
  • Attend Board Meetings quarterly and present financial statements and analysis.
  • Supervise/coordinate the preparation of annual audits and tax filings for IHI and related entities with external audit firms and accountants.
  • Manage human resources including personnel policies and procedures, personnel records, and benefits administration.
  • Oversee information systems including filing and record retention.
  • Supervise accounting and administrative support staff - ability to handle day to day accounting in the absence of accounting staff.
  • Work with Asset Managers to manage insurance and risk management.
  • Assist with creation of funding applications, particularly with respect to proposed budgets.
  • Prepare all required financial reports for investors, grantors and other stakeholders including government and private funding agencies, ensuring compliance with funding requirements and consistency with nonprofit accounting standards.
  • Maintain and review accounting and finance policies and procedures, and internal controls to reduce risk and optimize use of resources while ensuring legal compliance and oversight.
  • Support Housing Development with accounting and finance needs relative to financing applications and construction projects.

Skills and Requirements:

  • Degree in Accounting, Finance or Business, or equivalent work experience to ensure mastery of accounting, finance, and business concepts. CPA license preferred.
  • Minimum 5-7 years of responsible management experience with specific accountability for cash management, budgeting, and accounting functions; knowledge of nonprofit and/or real estate finance preferred.
  • Knowledge of U.S. Generally Accepted Accounting Principles, OMB, federal, state, local laws, standards and regulations, especially as they relate to non-profit accounting.
  • Ability to create and assess financial statements and budget documents.
  • Ability to work independently with minimal supervision.
  • Ability to manage multiple complex, multi-faceted projects .
  • Ability to prioritize numerous projects, reporting deadlines and staff activities.
  • Excellent verbal and written communication skills.
  • Proficiency in word processing, spreadsheets, database and other office programs.
  • Commitment to IHI's mission.
  • Familiarity with Quick Books Accounting software preferred.
  • Familiarity with Low Income Housing Tax Credit requirements preferred.

If interested in applying, please send a cover letter and resume to:

Innovative Housing is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees.