Senior Vice President and Chief Financial Officer

Full-time
WHEDco
Description

About Us:

The Women’s Housing and Economic Development Corporation (WHEDco) is a community
development organization founded on the radically simple idea that all people deserve to
live in healthy, vibrant communities. We build award-winning, sustainable, affordable homes
– but our work is not over when our buildings are complete. WHEDco believes that to be
successful, affordable housing must be anchored in strong communities of which residents
can be proud. WHEDco’s mission is to create and bridge access to resources in the South
Bronx that support thriving neighborhoods – from high-quality early education and afterschool programs, to fresh, healthy food, cultural programming, and economic opportunity.
See www.whedco.org for more information.

Job Summary:
The Senior Vice President and Chief Financial Officer (SVP/CFO) will join WHEDco’s Executive
Team with overall responsibility for organizational fiscal and real estate asset management.
The Chief Financial Officer will oversee WHEDco’s Fiscal, Real Estate, and IT departments as
well as a Commercial Kitchen.
The ideal SVP/CFO will be a strategic partner to the Executive team and Vice Presidents and
to all managers and directors across the organization. The SVP/CFO will model a culture that
attracts and retains employees at all levels, as well as consistently demonstrate good
judgment.

Responsibilities:

• Develop and oversee WHEDco’s overall financial plans, policies, and accounting
practices. Oversee the budgeting, accounting, audit, tax, banking and cash-flow
related activities for the organization. Oversee government contract management
and invoicing. Advise the Board of Directors and Executive Team on the
organization’s ongoing financial condition. Develop organizational financial snap
shots and projections.
• Asset and physical plant management of the three mixed-use affordable housing
buildings that comprise the organization’s real estate portfolio and oversee two
property management companies. Advise Board of Directors and Executive team on housing affiliates’ ongoing financial condition. Report on asset management to tax
credit investors, joint venture partners and government regulators and auditors.
• Manage security vendors and continual monitoring of building security and safety.
• Serve as the main liaison to outside auditor of organizational and housing affiliate
fiscal policies and practices.
• Partner with General Counsel on risk management and oversight of agency’s
retirement plans.
• Provide leadership oversight on new capital projects including the completion of the
Bronx Music Hall and repairs to existing housing portfolio. Oversee and monitor
budgets and timelines of capital project vendors, including contractors and
architects.
• Provide oversight, guidance and support to Fiscal, Housing, IT and Commercial
Kitchen departments.
• Serve as the main liaison to the Board Housing and Audit/Finance Committees.
• Implement and monitor organizational investment policy and banking relationships.
• Work with the President, Vice Presidents and Directors to develop and oversee
program budgets.
• Partner with the Development Team to develop budgets for fundraising efforts and
provide appropriate financial reporting to funders and government agencies.
• Monitor ongoing landscape for potential future development projects and, if
applicable, lead WHEDco’s efforts to pursue and execute on such opportunities.

Qualifications:

• Bachelor’s degree in finance, accounting, or related field required; Master’s degree or
CPA highly preferred.
• A minimum of 10 years of related experience required, preferably in an organization
with significant government service contracts.
• Experience with government affordable housing programs is strongly preferred.
• Exceptional communication and interpretive skills.
• Proven ability to perform complex analysis of financial data.
• Experience preparing and presenting financial reports to boards or committees is
preferred.
• A high level of integrity and emotional intelligence, along with strong interpersonal
skills.
• Excellent and adaptive leadership skills, with the ability to work collaboratively with a
diverse group of individuals.
• Experience managing and retaining high performing team members as well as
providing professional development opportunities to promote individual,
interpersonal and organizational growth.
• Genuine interest and passion for WHEDco’s mission.

Excellent benefits and competitive salary ($175,000-$200,000) based on experience.

Excellent benefits and competitive salary ($175,000-$200,000) based on experience.
Drug Administration (“FDA”) authorized COVID-19 vaccine by their first day of
employment, and proof of full vaccination within 30 calendar days.

To apply, please send a cover letter and resume to recruitment@whedco.org. Please
include “SVP/CFO” and your name in the subject line.

WHEDco affords all qualified applicants equal employment opportunities without
discrimination because of race, creed (religion), color, sex, gender, national origin, sexual
orientation, military status, age, disability, predisposing genetic characteristic, marital status
or domestic violence victim status, or any other category protected by law. WHEDco follows
the requirements of the New York Human Rights Law with regard to non-discrimination on
the basis of prior criminal conviction and prior arrest.