Finance Director

Portland Housing Authority • Portland, Maine, United States • $107.50k - $140k / year • 3w ago

POSITION SUMMARY

This position serves as the Chief Financial Officer for the Portland Housing Authority in Portland, Maine, a $55+ million organization with a complex portfolio of public, nonprofit, and for-profit entities and over $33 million in net public assets. The Director provides executive-level financial leadership, ensuring fiscal integrity, regulatory compliance, and long-term sustainability across a diverse and evolving portfolio.

As a key member of the leadership team, this rolesupports strategic expansion,overseesfinancial operations, andadvisesthe Executive Director and Board on financial performance, risks, and opportunities.

CORE RESPONSIBILITIES

Executive Financial Leadership

Serve as CFO, providing strategic financial oversight across all entities

Advise Executive Director and Board on financial condition, risks, and long-term strategy

Prepare and present clear financial reports and dashboards

Financial Management & Internal Controls

Oversee accounting operations in compliance with GAAP, HUD, and applicable regulations

Maintain and strengthen internal controls and financial policies

Ensureaccuratefinancial reporting and proper use of restricted funds

Strategic Expansion & Development

Lead financial strategy for nonprofit and subsidiary growth

Evaluate and support new business and development opportunities

Provide financial modeling for feasibility and investment decisions

Budgeting & Financial Planning

Lead annual budget development andmonitorperformance

Identifytrends, variances, and risks; implement corrective actions

Support long-term financial planning and sustainability

HUD, Grants & Subsidy Management

Oversee HUD funding requisitions (eLOCCS) and compliance reporting

Manage financial performance of HCV, Mainstream, and special programs

Ensureaccuratereporting across all federal, state, and local funding sources

LIHTC & Investor Relations

Oversee LIHTC compliance, cost certifications, and long-term monitoring

Serve as primary financial liaison to lenders and equity investors

Ensureaccurateinvestor reporting and partnership oversight

Timely processing, close-out and reporting of property operating budgets and support for Asset Management and Property Management in the preparation of annual budgets

Audit, Compliance & Risk