Chief Financial Officer - The Source and Recruit Company

Reports to: Executive Director
Position type: Full-Time, Exempt
Salary range: $115,000 to $135,000

VHCB is a dynamic organization committed to promoting affordable housing, conserving important natural resources, and strengthening the communities of Vermont. By balancing economic development with environmental protection, VHCB plays a critical role in preserving the state's rich natural heritage while ensuring all residents have access to affordable, sustainable living options. Join a dedicated team where your expertise will make a lasting difference.

As Chief Financial Officer (CFO), the successful candidate will lead all financial activities of VHCB, ensuring robust financial planning, risk management, and regulatory compliance. This senior role is integral to maintaining VHCB's financial health while supporting its mission. The CFO will work collaboratively with leadership and program staff to provide key insights and drive financial strategy, ensuring an appropriate balance of accountability, compliance, and flexibility.

This is a high-impact position, offering the opportunity to shape VHCB’s financial landscape while guiding a talented finance team.

• Lead regular risk assessments of VHCB’s financial, administrative, and compliance systems.
• Ensure internal controls are established and followed to safeguard VHCB’s assets.
• Oversee VHCB's project awards database system, ensuring security, accuracy, and proper transaction approvals.
• Manage VHCB’s loan portfolio systems, working with the Finance and Legal teams for accurate recording and compliance.
• Maintain a deep understanding of federal and state compliance requirements and support program staff in adhering to them.
• Ensure organization-wide monitoring systems for grantees are in place, providing training on financial statement and audit review.

• Lead the annual budget development process, including presenting VHCB’s budget to the Board.
• Collaborate with the State of Vermont to ensure VHCB’s budget is accurately included in the Governor’s annual budget.
• Provide support for legislative presentations, ensuring accurate budget representation.
• Analyze financial performance, ensuring funds are available for project awards and monitoring the accuracy of allocations.
• Assist program staff with grant applications, ensuring new funding is properly structured.

• Oversee VHCB’s financial operations to ensure accurate accounting, analysis, and reporting.
• Develop and manage the annual cost allocation and indirect rate plan, adhering to federal regulations.
• Provide fiscal oversight for program budgets and the Finance Director’s review of grants.
• Lead the Finance Committee of the Board and facilitate the annual audit process.
• Act as the primary contact with the State of Vermont Finance & Management and VHCB banking institutions.
• Supervise and mentor the Finance Director, Project Grants Manager, and Data Information Systems Manager, fostering a high-performance finance team.

• Commitment to VHCB’s mission.
• CPA licensure or equivalent required.
• Extensive experience in senior-level governmental or non-profit financial management.
• Proficiency in governmental fund accounting (GASB) and non-profit accounting (FASB).
• Strong experience managing federal funds and familiarity with Uniform Administrative Guidance regulations.
• Proven expertise in developing and implementing cost allocation and indirect rate plans.
• Excellent organizational skills, with a demonstrated ability to handle high-demand periods.
• Advanced technological skills, including expertise in Excel and data management.
• Outstanding communication skills, both verbal and written, with the ability to engage both financial and non-financial stakeholders.
• Strong analytical abilities, attention to detail, and dedication to accuracy.
• Experience mentoring and supervising staff.

VHCB offers a competitive compensation package, including a comprehensive benefits plan that supports the well-being of its employees. Candidates can expect a supportive and mission-driven work environment where their contributions have a significant impact on Vermont communities.

Invitation to Apply:

VHCB and The Source and Recruit Company d.b.a. Harrier Financial Recruitment are excited to welcome a Chief Financial Officer who is passionate about creating financial systems that support a sustainable future for Vermont. We encourage applicants from all backgrounds to apply, recognizing that diverse perspectives and experiences make the team stronger. All inquiries will be handled confidentially.

If you are ready to lead with purpose and contribute to VHCB’s mission, please apply.

Equal Employment Opportunity (EEO) Statement:

VHCB and The Source and Recruit Company d.b.a. Harrier Financial Recruitment are equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.