Chief Financial Officer (CFO)

The Bridge is seeking an experienced Chief Financial Officer (CFO) to join our leadership team and help drive the financial strategy that supports our mission. The CFO will oversee all financial operations, provide strategic guidance to ensure the financial health of the organization and its affiliate entities, and contribute to the achievement of our long-term goals. Responsibilities include financial planning, reporting, budgeting, forecasting, and ensuring compliance with regulatory and funding requirements. The CFO will play a key role in shaping the organization's financial strategy, managing risk, and providing leadership to the finance team. The ideal candidate will have a deep understanding of nonprofit financial management and a commitment to the mission of providing supportive housing to vulnerable New Yorkers.

Essential Position Functions:

• Develop and implement financial strategies and policies to support the organization's mission and goals.
• Oversee all financial operations, including accounting, financial reporting, budgeting, and financial planning.
• Ensure the organization's financial health and sustainability.
• Provide financial leadership and guidance to the CEO, senior management, and the Board of Directors.
• Manage the organization's financial resources effectively and efficiently.
• Ensure compliance with all applicable financial regulations and reporting requirements.
• Oversee all financial operations, including general accounting, budgeting, forecasting, financial reporting, accounts receivable, and accounts payable.
• Ensure that financial records are accurate, timely, and comply with all applicable laws and regulations.
• Manage cash flow and ensure the organization has sufficient liquidity to meet its obligations. This includes reviewing payments and authorizing the release of funds.
• Review ongoing analyses and prepare ad hoc analyses as needed.
• Monitor spending, grants and contracts, and cash receipts.
• Lead the finance team’s annual budgeting process and ongoing forecasting initiatives by working closely with departmental leaders. This includes a thorough review of staffing allocations on a regular basis throughout the year.
• Manage the relationships with the organization’s main banks and with external auditors.
• Establish and maintain appropriate internal controls to safeguard the organization’s assets.
• Ensure compliance with federal, state, and local regulations, including tax filings, audits, and reporting requirements.
• Work with external auditors to complete annual audits, prepare financial statements and tax filings, and other required reporting.
• Oversee and review all internal monthly and quarterly reporting and ensure that external reporting to investors for the organization’s affiliate entities is done timely.
• Ensure that client funds are distributed properly and timely each month.
• Provide financial, administrative, and analytical support for future supportive and affordable housing development construction projects.
• Monitor financial risks and advise on mitigation strategies to protect the organization’s assets and reputation.
• Ensure that the organization is utilizing best practices, technology, and systems with a focus on business process improvement.
• Perform other duties as assigned.

Required Knowledge, Skills, and Abilities:

• A bachelor’s degree in accounting, finance, business administration, or a related field (required).
• An MBA or CPA designation is strongly preferred.
• Minimum of 15 years of experience in financial management, including at least 3 years in a senior financial leadership role, preferably within the nonprofit housing sector.
• Experience with nonprofit accounting, government funding, grant management, and regulatory compliance is highly desirable.
• Strong commitment to the mission of the organization and a passion for supportive housing and community development.
• Strong knowledge of nonprofit financial principles and best practices.
• Expertise in financial reporting, budgeting, and financial analysis.
• Excellent leadership and management skills, with the ability to build and lead a high-performing team.
• Strong technology skills and a proficiency with accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent communication skills, with the ability to explain complex financial concepts to non-financial stakeholders.
• Strong problem-solving abilities, attention to detail, and the capacity to work under pressure and meet deadlines.
• Knowledge of affordable housing development and related funding sources is a plus.
• High integrity, with a commitment to ethical financial management and transparency.
• Strategic thinker with the ability to balance long-term goals with day-to-day financial management.
• Ability to work effectively with diverse groups, including staff, board members, donors, and community partners.

The Bridge Inc. is an Affirmative Action / Equal Opportunity Employer