Chief Financial Officer

Who We Are:

Bellwether Housing was founded in 1980 to create housing in downtown Seattle so city workers could live close to their jobs. After over 45 years of success and growth Bellwether is the Puget Sound regions largest nonprofit affordable housing provider. As a 501(c)(3) nonprofit Bellwether Housing builds and manages high-quality affordable housing so that people of diverse backgrounds and incomes thrive in urban King Countys high-cost housing market.

Bellwether Housing serves over 7000 residents annually in more than 3500 apartments across 38 properties with 600 more homes under construction. Its Bellwethers properties are near job centers schools childcare and community amenities in vibrant transit-rich neighborhoods. The organization serves families households recovering from homelessness seniors immigrants preschool teachers and social workers and young people just starting out. Living at Bellwether residents gain access to the resources and prosperity of their surrounding communities and in turn cultivate a more inclusive andequitablecity.

Through the development ownership and operation of affordable housing properties and support of residents through its resident services program Bellwether Housing has been a trailblazer in transforming the lives of lower-income individuals and families in the region. Bellwether is a leader in state and local housing policy issues an innovator in financing and housing development strategies and a trusted partner to a diverse array of organizations in its community while providing real estate development services to other mission-driven nonprofits around Western Washington.

Bellwether Housing wasalsonamed among Puget Sound Business Journals Best Workplaces for 2026!

How to Apply:

Toinitiateconsideration for this opportunity pleasesubmita resume and cover letter outlining your qualifications to the Carlson Beck representative below:

Heidi Holzhauer(Partner)

707.963.1250

emailprotected

SalaryRange:$280000 - $350000depending on experience and qualifications.

The posted salary reflects thetargetpay range for this position. Offers made to qualified candidates will be made within this range and will bedeterminedbyvarious factorsincluding knowledge skills experience qualifications location and other factors that would be critical to success in this role.

Position Overview:

We areseekinga highly skilledprincipledand engaged professional to lead its financial function. The organization takes seriously its leadership role in exemplifying best practices in the financial function of affordable housing.

The Chief Financial Officer is a key member of Bellwethers Executive Management Team providing leadership and guidance to the organization on financial planning risk management and resource allocation issues. The CFO offers strategic thoughtpartnershipon all business matters for the organization.

The CFO oversees all financial accounting and information technology activity of Bellwether and its affiliates including but not limited to ensuring systems for financial controls and regulatory compliance are in place; overseeing accounting tax and financial reporting functions; advising other leaders on real estate financing and government contracts and overseeing corporate and partnership structuring; overseeing organization and building budgeting and asset management; overseeing treasury and cash flow and enterprise-level financing activity; maintaining relationships with financial partners; providing leadership in planning and policy development; overseeing financial information systems and administration; overseeing risk management; and sharing in the oversight of appropriate legal matters.

They will directly supervise four team members: Controller Director of Finance Director of Information Technology and the Director of Asset Management.

Bellwethers organizational culture reflects its genuine commitment to mission and a caring expert workforce. The new CFO will ensure cross-departmental communication and organization-wide financial discipline.

This is an exciting opportunity for a committed hard-workingand self-motivated professional to join the leadership of an organization that is regionally premier and nationally recognized.

Your Impact:

Financial Management:

• Advise and support the CEO and Board of Directors on issues related to Bellwethers finances and assets

• Staff the Finance and Audit Committee of the Board of Directors

• Advise and support Executive Management Team members on financial concerns related to their departments and programs

• Play a leadership role in Executive Management Team and Board of Directors meetings

• Oversee Controllers management of Bellwethers accounting staff in the completion of all accounting responsibilities

• Oversee the preparation and distribution of monthly financial statements and create accompanying performance analysis and commentary

• Analyze financial statements; prepare reports for the CEO the Board of Directors and staff leaders

• Oversee all internal and external audits

• Ensure compliance with all financial covenants

Budgeting Planning and Policy Development

• Oversee the annual budgeting process as well as long term financial planning for the organization and monitor budget compliance

• Oversee development of building operations budgets

• Play financial leadership role in developing long and short-term organizational strategies and business plans

• Create financial forecasts models or analyses as needed orrequiredto support both short-term decision making and longer-term strategic planning

• Play financial leadership role in corporate policy development

Finance Treasury Cash Flow & Investor Relations

• Oversee enterprise-level financing strategiesactivitiesand banking relationships

• Oversee cash and investments to appropriately balance risk return and liquidity

• Represent the organization along with other Executive Management Team members to financial partners including financial institutions investors foundation executives public officials and others

Asset Management

• Through supervising the Director of Asset Management oversee asset management activitiesincluding:

• portfolio recapitalizations and asset management plans

• legal regulatory and partnership compliance for all properties

• analysis of property financial and other performance indicators

• preparation and submission of quarterly and annual reports to investors and lenders

Business Management

• Oversee structuring and administration of corporate and partnership entities

• Assistwith financial issues related to housing development including tax-credit finance underwriting and structuring

• Oversee government contracts including budget development financial reporting complianceoversightand related tasks

• Oversee planningadministeringand monitoring risk management activities

• Provide leadership and oversight along with other directors of risk management and insurance activities

• Manage along with other Executive Management Team members attorney relationships and monitor pending and potential litigation within sphere of control

AdditionalResponsibilities

• Provide leadership in the management and development of Bellwether Housing

• Participate in advocacy and fundraising activities related to the organization whenappropriate

• Other responsibilities as required by the CEO Board ofDirectorsand Executive ManagementTeamcolleagues

QUALIFICATIONS / EXPERIENCE

Minimumrequirements:

• An undergraduate degree isrequired. A graduate degree in Business Finance RealEstateor another similar field is preferred.

• Commitment to working on behalf of the communities Bellwether Housing serves and supporting Bellwethers mission and culture

• Ten years of senior levelfinancial managementexperience

• Eight years of broad-based business management experience

• Proven ability to manage the finances of an organization with a multi-million-dollar budget

• Experience with fund accounting software system

• Experience in partnership accounting and public finance

• Experience with property financial asset management

• Experience with financial risk identification and mitigation

• Demonstratedability to provide organizational leadership as a member of the Executive Management Team; able to develop organizational capacity in financial function

• Experience leading managing and mentoring a team of high performing staff in functional areas under the CFOs purview

Highly desirable notrequired:

• Experience in the fields of affordable housing propertymanagementand/or real estate

• Experience in the nonprofit sector

• Experience with programs such as low-income housing tax credits (LIHTC) and HUD financing

Who You Are:

To be successfulin this role you willhave:

• The highest level of professionalismstewardshipand integrity in executing the CFO role

• Excellent leadership skills with the ability to make well-reasoned decisions as part of a high performing team

• Demonstrated management skills able to mentor motivate and hold team accountable

• Technical knowledge to lead the financial function of an extremely complex and sophisticated organization

• Demonstrated ability to combine macro strategic policy and planning perspective with attention to detailscontrolsand other micro concerns

• Excellent interpersonal skills; promptly provides feedback to staff for professional development

• Excellent oral and written communication skills; proactively communicates with the CEO other senior leaders direct reports and whenappropriate Board members

• Well-developed organizational skills and attention to detail; ability to prioritize work effectively and adjust to multiple demands

• Ability to balance financial goals and missional goals

• Experience working effectively and collegially with a diverse staff

• Understands employee performance metrics and professional development

• Proficiencywith financial accounting systems (experience with Yardi a plus)

• Excellent computer skills including word processing spreadsheetsdatabasesand a working knowledge of information technology both existing and emerging

To be successful in this role you willbe:

• Highly collaborative with other leaders within their own team and across departments

• A strategic thinker and organization builder

• A seasoned financial leader capable of both big picture thinking and directing tactical implementation; able to connect the dots of disparate lines of Bellwethers business

• Adaptable and able to meet the demands of an organization with a complex underlying financial and legal structure with a substantial real estate portfolio

• Highly motivated with the ability to work independently take initiative and follow tasks through to completion

• Calm and unflappable in times of stress and pressure

• Able to positively respond to strong personalitiesmaintaina sense of humor; show up with confidence and humility

What We Offer:Bellwether Housing is your platform for growth empowerment and purpose. When you join our team you will receive:

• Competitive compensationaccompanied by a generous benefits package.

• Medical dental and vision insurance.

• A403(b)-retirementplan with an employer match guiding you towards a prosperous future.

• Fuel for your personal and professional development with up to $1500 in employer-paid continuing education per year.

• An ORCA Transit Pass to navigate the city with ease.

• Up to 24paid days off in your first year prorated personal days renewed annuallyand 8 paid office closure days.

• The chance to be part of a transformative mission leaving a mark on the lives of those we serve in our communities.

At Bellwether Housing you will elevate your career in a role thats as rewarding as it is impactful where youll be part of a movement that is helping shape the future of affordable housing in the Greater Puget Sound Area and where diversity equity inclusion and belonging are the pillars of our success.

Bellwether Housing embraces a workplace that is diverseequitable and inclusive and is dedicated to building a team that is made up of a variety of backgrounds perspectives experiences and skills that reflect the populations we committed to being an anti-racist organizationwhile acknowledging we have a long way to go. You can learn more about our DEI work onourwebsite.

Work Authorization: All applicants must be currently authorized to work in the United States on a full-time basis. We are unable to sponsor employment visas.

Bellwether Housing is an equal opportunity employer. We will not discriminate based on race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federalstateor local support the Americans with Disabilities Act (ADA) toreasonably accommodateall qualified applicants and employees by providing reasonable accommodations to people with request Reasonable Accommodation for the application or interviewprocessplease contactemailprotected.

Note: This role requires successful completion of a background checkin accordance withSeattles Fair Chance Employment Ordinance.