Chief Financial Officer

Housing And Community Services Inc•San Antonio, TX

6d•$200,000 - $225,000•Hybrid

About The Position

Prospera has been empowering families since 1993 by providing safe, high-quality affordable housing with support services to those in need. As a mission-driven, values-based nonprofit, Prospera is committed to fostering family stability and a strong sense of community by addressing individual needs. At the heart of our work are our core values: integrity, accountability, excellence, commitment, dignity, fairness, and respect. These core values serve as our guiding principles and shape everything we do, from how we serve our residents, to how we support one another as a team. At Prospera, every team member plays a vital role in advancing our mission. We welcome passionate individuals who are ready to make a meaningful difference in the lives of others. POSITION SUMMARY The Chief Financial Officer (CFO) serves as a strategic and operational leader responsible for stewarding Prospera Housing Community Services’ financial health, sustainability, and compliance in support of its mission to provide and preserve high-quality affordable housing for low-income communities. Reporting to the Executive Director/CEO and serving as a key member of the senior leadership team, the CFO oversees all financial operations, risk management, and financial strategy across a complex portfolio of housing assets, funding sources, and regulatory requirements.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or related field required – MBA preferred
Minimum of 15 years of progressive financial leadership experience required, with experience in nonprofit finance and affordable housing
Minimum of two years of audit or tax procedures experience
Current Texas CPA license required
Proven experience working with Boards of Directors and senior leadership teams
Experience supporting housing development transactions, limited partnerships, LIHTC and capital financing preferred
Thorough, experience-based knowledge and understanding of the principles and methods of financial administration, particularly in the areas of accounting, budgeting, auditing, grants management and investments
Knowledge of federal, state and local laws, rules and regulations relating to the financial administration of public agencies
Working knowledge of computer hardware and both general ledger and property management software
Knowledge of the techniques of program analysis and revenue forecasting
Knowledge of the principles and techniques of budget development and administration. Ability to plan, direct, monitor and evaluate the services and activities associated with the financial activities of the Company
Ability to develop, install and maintain sound accounting and financial reporting systems and procedures
Skills and ability to prepare complex financial reports and analyses
Ability to supervise and evaluate the performance of Departmental staff
Knowledge of and ability to interpret and apply policies, procedures, rules and regulations and federal, state and local laws, rules and regulations relating to financial activities
Ability to coordinate and facilitate meetings
Mission-driven leadership with strong ethical standards
Strategic and analytical thinking
Clear, persuasive communication with financial and non-financial audiences
Detail orientation combined with big-picture perspective
Collaborative leadership and people development
Maintains a positive work environment by creating job motivation
Presents ideas clearly and influentially through various means
Identifies/shares important information in a timely manner; appears knowledgeable and confident in communicating information.
Ensures all administrative processes involving employees are handled on a timely basis
Fosters a positive work environment embracing the Mission and Core Values of Prospera (Integrity, Accountability, Excellence, Commitment, Dignity, Fairness and Respect).
Take ownership of your work, follow through on commitments, hold your team accountable for results, and take responsibility for your impact.
Approach your work with initiative, urgency, and the mindset that the organization’s success is your responsibility.
Follow Policies and Procedures
Communicate clearly, consistently, and appropriately across all levels of the organization.
Proactively share information with peers, solve problems together, and coordinate across departments regularly.
Model professionalism, responsiveness, and alignment with our mission — inside and outside the organization.
Showing regard and consideration for others and showing respect for diverse opinions.
Ensuring that all voices are heard during meetings, including but not limited to Regional and Team meetings.
No use of electronic devices during meetings, including but not limited to All Staff, Regional, and Team meetings, unless absolutely necessary.
Employees are expected to handle all such information in accordance with Prospera’s confidentiality policies and applicable laws, ensuring it is shared only with individuals who have a legitimate business need to know. Maintaining discretion and protecting the privacy of employees, residents, and the organization is a critical requirement of this role.

Nice To Haves

MBA preferred
Knowledge of LIHTC and HUD’s Programs and Regulations relating to multifamily housing properties preferred

Responsibilities

Partners with the Executive Director/CEO and Board of Directors to develop and implement long-term financial strategy that supports the organizational mission and growth
Provides timely, accurate financial analysis and insights to inform strategic decisions, capital planning, and organizational sustainability
Serves as lead staff to the Board, Finance and Audit Committees, preparing materials and presenting financial results and projections
Represents the organization through participation in trade and industry associations
Represents the organization by attending meetings and functions held with government, banking institutions, funding agencies and other stakeholders
Directs all accounting, budgeting, forecasting, and financial reporting functions in accordance with GAAP and nonprofit accounting standards
Oversees preparation and monitoring of annual operating budgets, multi-year financial forecasts, and cash-flow projections
Ensures accurate consolidation and reporting across multiple properties, entities, and funding streams
Prepares corporate budgets with departmental input
Develops, publishes and maintains Policy and Procedures Manual for the financial activities of the organization, including documenting and monitoring internal financial controls
Oversees financial management of affordable housing programs, including LIHTC (Low-Income Housing Tax Credits), HUD-funded programs, Section 8, and other public or private funding sources
Ensures compliance with federal, state, and local regulations, funder requirements, and partnership agreements
Coordinates property-level financial performance analysis, reserve planning, and long-term asset sustainability
Leads annual audits and tax filings (including Form 990), serving as primary liaison to external auditors, investors, and regulators
Establishes and maintains strong internal controls, risk-management practices, and financial policies and procedures
Ensures organizational adherence to best practices in financial governance and transparency
Manages cash, debt, investments, and banking relationships
Oversees financing activities including loans, refinancing, bond issues, and capital structures for housing developments and renovations
Monitors covenant compliance and investor reporting requirements
Supports grant development and contract negotiations by providing financial models, budgets, and compliance oversight
Ensures proper tracking, reporting, and reconciliation of restricted and unrestricted funds
Leads and mentors finance staff; fosters a collaborative, high-performance culture grounded in accountability and mission focus
Creates an atmosphere for open, two-way communications so that Prospera’s financial departments and front-line staff may provide input into the accounting process to improve firm’s product
Recruits, trains, motivates and evaluates the performance of financial department personnel reporting to the Chief Financial Officer
Evaluates and improves financial systems, property management integrations, and reporting tools to enhance efficiency and accuracy
Collaborates closely with Property Management, Development, Asset Management, and HR teams
Performs other duties as assigned by the CEO