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Chief Financial Officer/Vice President Finance

Forterra NW
Seattle, WA
United States
Professional Areas: 
Budgeting and Operations
Community Development
Community Engagement
Development Finance
Land-Use Management
Management
Public/Nonprofit Administration
Real Estate Development
Other topics
Experience Level: 
Senior

ABOUT FORTERRA:  Land for Good

We live in one of the best spots on the planet. But — between population growth, development pressure and climate change — our region is under stress. Forterra is keeping this place we live a place we love by securing the places we need for a sustainable future. We work across landscapes — from iconic wild places, to farms and working forests, to community lands supporting parks, the arts, local economies, and attainable housing.


Over nearly 30 years, Forterra has completed more than $500M in transactions spanning 450 individual properties resulting in the protection of more than 250,000 acres — the equivalent footprint of four Seattles. We have mobilized thousands of volunteers, and completed tens of thousands of hours of work restoring forested parks and riparian habitat. And our work on Cross Laminated Timber and other economic development initiatives is helping create jobs and new opportunity for struggling communities across the state. Our innovative work was recently nationally recognized through Enterprise Community Partners’ juried Housing Breakthrough Challenge.


Forterra is committed to tapping social impact capital, and growing its infrastructure and financial management competency to grow multiple investment funds to advance our mission. Our recent $30M capitalization of Forterra’s privately placed Forterra Strong Communities Funds, has resulted in prominent coverage in the Wall Street Journal and the Puget Sound Business Journal as an innovative response to community displacement and gentrification. Collectively, these efforts contribute to our vision of a sustainable region where everyone has a place to thrive.

ABOUT THE POSITION:  Chief Financial Officer / Vice President Finance

We seek a strategic and entrepreneurial financial leader desiring to join a high-impact Executive Team. Our chosen candidate will have a deep passion for Forterra’s mission, a capacity to think creatively to achieve impact, and a commitment to fostering trust and fruitful collaboration with internal constituents, colleagues, board, donors, investors, partners and other stakeholders.


This is your opportunity to contribute your passion, considerable knowledge and skills to a high-functioning executive team at a dynamic organization to advance a powerful and audacious mission.

 

SUMMARY OF POSITION:

The CFO/Vice President Finance is a collaborative member of Forterra’s Executive Team and will have direct interface with Board members, stakeholders, donors, lenders, and investors. The position provides strategic leadership and subject-matter expertise, proactively managing Forterra’s finance team, financial resources, investment strategies, and finance infrastructure so that the organization is positioned for success and impact.

OPPORTUNITY FOR STRATEGIC LEADERSHIP:

Forterra seeks a leader with the passion, vision and skills to:

  • Amplify the organization’s impact through strategic initiatives that strengthen the efficiency, effectiveness and positioning of the organization’s financial systems.
  • Enhance Forterra’s capacity and associated infrastructure to unlock, scale and steward hundreds of millions of dollars of impact investment capital.
  • Tap innovative strategies for financing real estate and community development projects.
  • Embark on next-level thinking around nonprofit finance, business models and philanthropy.

ESSENTIAL DUTIES:

Leadership

  • Operate from a deep understanding of the organization’s diverse work and financials. Think strategically and entrepreneurially about how to grow the organization’s access to resources and to sustain its fiscal resiliency.
  • Together with others in leadership, effectively carry out selected strategies, such as new approaches to securing public or private capital, philanthropic fundraising, and investment management.
  • Build and sustain the teams and systems to effectively and reliably carry out new initiatives as well as core financial functions.
  • Effectively engage and explain the organization’s work and finances to internal and external constituencies, including staff, Executive Team colleagues, Board, contracting partners, granting agencies and foundations, major donors, lenders and investors.
  • Foster a culture of mutual respect, high standards, high energy, and helpfulness.
  • Continually monitor external and internal forces that could affect the organization’s mission and finances, and with others in leadership, take proactive steps to ensure the organization’s well-being.

Business Management

  • Drive budget development, financial analysis, reporting and projections to deliver a dash-board view of the organization’s fiscal health that can enable timely managerial responsiveness and ensure alignment with the organization’s strategic plan.
  • Ensure financial team maintains accurate records ensuring that income and expenses are appropriately booked to restricted and unrestricted accounts.
  • Regularly review and, as necessary, re-work policies, systems, practices, business models and standards to ensure the organization operates efficiently and sustainably.
  • Provide strategic input and support for financial ramifications of business agreements and programmatic initiatives, including creation and/or review of financial models.
  • Facilitate real estate transactions, administration of privately placed securities, and support related entities and fiscal sponsorships.
  • Manage financial systems to optimally serve the organization’s needs and growth.

Fiscal & Compliance Oversight

  • Ensure compliance with all relevant accounting rules and regulations, as well as best-in-class fiscal controls.
  • Serve as the key contact for Board Finance and Real Estate Committee, providing leadership in the development and implementation of key financial, investment and risk- management policies.
  • Proactively support staff, Executive colleagues, and Board leadership identify, explore and address high-level fiscal questions and challenges.
  • Ensure proper, accurate, timely reporting to investors, donors, grantors, and regulatory agencies.
  • Monitor the organization’s investment portfolio and investment manager.

DESIRED QUALIFICATIONS (some combination of):

  • 10 or more years of executive or senior management experience across a business unit or organization with 50+ employees and $10M+ budget. Nonprofit experience/exposure a plus.
  • Significant experience with real estate/development, raising debt and equity capital, and complex financial structures. Investor relations experience a plus.
  • Experience creating and driving strategic plans, making tough decisions, and managing change.
  • Capacity to thrive, and maintain quality of work product, in a fluid, fast-paced environment.
  • Savviness with tech; proven success in financial systems design and implementation.
  • Knowledge of philanthropic fundraising (including capital campaigns), government grants management and compliance, and human resource management.
  • Comfort navigating accounting and agreement structuring between nonprofit and for profit subsidiaries to ensure integrity of 501(c)3 charter.
  • Well-developed interpersonal skills, including flexibility, creativity, empathy, curiosity and a sense of humor.
  • A strong personal commitment to environmental protection and social equity.
  • A minimum of a Bachelor’s Degree, and preferably an MBA or equivalent. CPA a plus.

FORTERRA VALUES DIVERSITY, CULTURE & INNOVATION:

Forterra is an Equal Opportunity Employer. At Forterra we respectfully embrace diversity, support culture and value innovation. We are committed to creating an inclusive environment for all employees. We seek leaders from diverse backgrounds and who share these values, desire to contribute towards this shared vision, and are enthusiastic about working towards transformative change internally and externally.

BACKGROUND CHECK:

Because this position involves access to confidential/sensitive information and physical assets, Forterra cannot hire for this position anyone who has been convicted of a criminal offense related to theft or fraud. A criminal history background check will be conducted on the final candidate prior to beginning employment.
 

Published on:
November 18, 2020 - 9:06am
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