Finance Director – Homestead Community Land Trust – Seattle

The successful candidate will:
Partner with the Executive Director/CEO in budget development, effective financial management and continuous improvement of financial systems and operations
Support the Executive Director and Board of Delegates, including its Treasurer and Finance Committee, with timely financial reports, analysis and recommendations
Maintain and enhance financial and accounting control environment
In partnership with the Real Estate Development Director, implement[BN4] comprehensive financial reporting and analysis of housing development projects from inception through final home sales, including all revenue and expense items inclusive of pre-development work, Homestead staff time, and costs of capital
Compare actual project and administration financial results to budgets and forecasts, and providing transparency and clarity to organization leadership, oversight committees, and Board of Delegates
Collaborate with Executive Director on operational and strategic issues by providing recommendations based on financial analysis, cost identification and allocation, revenue and expense analysis
Support the financial accountability of all staff with timely financial reports and recommendations
Implement systems and procedures that capture performance data to be used in business plans and projections, systems improvements
Supervise and provide mentorship to the Business/Office Manager, who is responsible for bookkeeping, IT, facilities, payroll, HR and benefits administration.

Finance Planning & Analysis
Produce timely and accurate monthly financial statements and cash flow reports
Participate in the annual budget process including contributions to:
Budget and cash flow scenarios
Recommending optimized operational expenses
Updating spreadsheets for salary/benefits costs
Review department budget submissions
Oversee the reconciliation of QuickBooks (QB) with Salesforce(SF), spreadsheets or other tracking systems
Prepare for and attend monthly Board Finance Committee meetings, enhancing and updating related reports as needed
Manage real estate project budgets, draws and project cash flow, and loan payoff (with the Director of Real Estate)
Support grant reporting as needed
Report out to partners or attend partner meetings as appropriate
Maintain documentation of all key finance and accounting procedures
General Ledger and Accounting Operations
Prepare for and manage annual audits
Work with public accounting firm to support 990 tax return preparation
Supervise the Business Manager in the following tasks
§ Bookkeeping
§ Employee time and expense management
§ Annual compliance reports
Prepare and Review monthly/quarterly/annual JEs:
Restricted grants tracked in Excel
Loan interest tracked in Excel
Prepaid expenses tracked in Excel
Future pledge NPV and bad debt tracked in Excel
Depreciation (nothing currently being depreciated)
Intercompany JEs for land transfer, subsidy reconcile, gain on sale, due to/from
Reimbursable grant tracking in excel, allocating to payroll or expenses as appropriate in QB (Currently none)
Financial Management
Create and update budgets for housing construction projects (Jacobsen Jarvis Method for CLTs)
Establish and maintain housing construction project reports (Jacobson Jarvis Method)
Negotiate construction financing for housing developments in partnership with Real Estate Development Director
Secure credit resources for pre-development as needed by housing pipeline
Manage lender and social impact investor relationships to support housing development and homeownership stewardship initiatives and grow Homestead’s capacity

Bachelor’s degree in accounting, finance, or business administration or equivalent
CPA preferred
8+ years of management experience
Non-profit and/or real estate development industry experience preferred
Proficient with QuickBooks or similar accounting system
Excellent written, verbal, organizational, and time management skills

Compensation may also include health insurance. Benefits include paid sick leave and vacation, professional development, ORCA (transit) card, 403b savings plan.
Although there is flexibility in this position to work from home, the employee is expected to maintain consistent office hours onsite to facilitate staff support and communication. The employee must live within King County

To apply
for the position please provide to
Current resume or curriculum vitae
Professional certifications
Cover letter that includes a detailed description of your skills and experience to carry out the responsibilities described above and a statement of why this organization’s mission fits your career path