Chief Financial Officer (CFO)

POSITION: CFO

Reports To: CEO / Board of Directors

Century Housing Corporation is a mission-driven Community Development Financial Institution

(CDFI) supporting quality affordable home development throughout California. With offices in

Culver City, Long Beach, and San Francisco, Century provides innovative end-to-end financing

from predevelopment to permanent loans. In addition, Century has both real estate development

and service provider arms, which together with financing seek to address the affordable housing

and service needs of a diverse income range of projects and residents.

The Chief Financial Officer (CFO) is responsible for overseeing the strategic planning, execution,

and management of all financial activities within the company, including business planning,

budgeting, forecasting, risk management, governance, and negotiations. The CFO collaborates

with the Chief Executive Officer (CEO) and advises on the financial strategy to achieve the

organization's objectives and financial outcomes.

Salary Range: $330-375K

Key Responsibilities:
Financial Strategy and Planning: Develop and implement long-term financial strategies,

budgets, and forecasts to support the organization's goals.
Strategic Advisor: Provide financial expertise and guidance to the CEO and other senior

executives on strategic decisions.
Financial Reporting and Analysis: Oversee the preparation and analysis of financial

reports, ensuring accuracy and compliance with relevant regulations.
Risk Management: Identify, assess, and manage financial risks, including credit, market,

and operational risks.
Capital Management: Oversee the organization's capital structure, encompassing debt

and equity financing, while providing recommendations for investment opportunities

within our portfolio. Maintain our partnership with our investment advisor and develop

strategies to ensure long-term stable returns, thereby ensuring the organization's financial

stability.
Internal Controls: Ensure the implementation and effectiveness of internal controls to

safeguard assets and prevent fraud.
Financial Operations: Oversee the day-to-day financial operations, including accounting,

treasury, and tax functions.
Capital & Investor Relations: Manage all facets of equity, debt, and banking

relationships including cap table strategy, investor relations, and financial institution

negotiations.
Identify: Explore alternative options for real estate development and investment

opportunities to ensure continuous financial support for addressing the funding

requirements of affordable housing, such as exploring B-bond options for purchasing and

issuing bonds. Compliance: Ensure compliance with all applicable financial regulations and accounting

standards.
Budgeting and Forecasting: Develop and manage the organization's budget and forecast,

ensuring alignment with strategic goals.
Cash Management: Oversee cash flow management and ensure sufficient liquidity to

meet the organization's financial obligations. Additionally, implement strategies to uphold

and enhance the organization's AA credit rating.
Financial Analysis: Conduct financial analysis to identify opportunities for improvement

and cost reduction.
Mergers and Acquisitions: Provide financial expertise and guidance on mergers and

acquisitions.
Tax Planning and Compliance: Oversee tax planning and compliance activities
Auditing: Oversee the organization's internal and external audit processes.

Skills Required:
Financial Acumen: Strong understanding of financial principles, accounting standards,

and financial analysis techniques.
Strategic Thinking: Ability to develop and implement long-term financial strategies.
Leadership Skills: Ability to lead and motivate a finance team.
Communication Skills: Ability to communicate financial information clearly and

concisely to both technical and non-technical audiences.
Analytical Skills: Ability to analyze financial data and identify trends and opportunities.
Problem-solving skills: Ability to identify and resolve financial problems.
Interpersonal Skills: Ability to build and maintain relationships with stakeholders.
Negotiation Skills: Ability to negotiate favorable terms with lenders and other

stakeholders.
Technical Skills: Proficiency in financial software and systems.
Industry Knowledge: Knowledge of the industry in which the organization operates.
Requirements Include:
Minimum 15+ years of financial leadership experience. Bachelor's degree in finance,

accounting, or economics required, MBA, MS, or CPA with accounting or finance

experience required.
Knowledge of capital markets, real estate debt markets & development of impact

investment programming.
Knowledge of accounting principles and timely financial reporting by GAAP and other

relevant standards.