State of Indiana
Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.
The Indiana Housing and Community Development Authority (IHCDA) is a quasi-agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self-sufficiency and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice.
Role Overview
The CFO will lead and implement the strategic development and execution of funding programs, including first mortgage securitization (and possible warehouse lending) for IHCDA’s balance sheet. Analyze the economic efficiency of bond financing, sale of mortgage-backed securities and other financing strategies. Manage the structuring of bond deals and work with financial advisors, underwriters, and bond counsel to develop and execute the most financially effective bond deals for the IHCDA. Meet the required EMMA disclosures. Lead IHCDA’s secondary marketing program to ensure best execution on transactions involving the sale of mortgage-backed securities, while ensuring that the interest-rate risk of the mortgage loan pipeline is hedged appropriately. Lead and guide the strategic financial plan for the agency. Strategically manage and monitor the balance sheet and income statement. Direct the completion of required Financial Statements and lead the IHCDA financial audit processes with continuous improvement and an expectation of excellence. Serve as IHCDA’s primary contact for the Ratings Agencies. The CFO has a responsibility to directly supervise the Director of Homeownership, Director of Operations, and Controller/Director of Accounting. The supervisory duties include and are not limited to the handling of performance management, which include goal setting, performance evaluation, and holding staff accountable, as well as providing guidance and thought leadership. Responsibilities
Invest the Authority’s cash in short-term investments in accordance with the ISP Supports the Executive Director on special assignments regarding financial matters. Attend all TEFRA meetings for bond issuances. Meets with both commercial and investment banking partners, as well as IHCDA’s financial advisor concerning cash management, investments, and debt issuance. Supports the Authority’s continuous improvement efforts Participates in and supports the Authority’s strategic plan development and implementation. Updates job knowledge by participating in educational opportunities, reading professional publications, and participating in professional organizations to maintain continuing professional education (CPE) requirements, if applicable. Executes directive letters for the single-family Resolution and general fund investments. It should be noted that there is day and overnight travel involved with this position. What You'll Need For Success
The knowledge, skills, and abilities (KSAs) essential for a Chief Financial Officer include: Organizational Policies and Procedures: Familiarity with the organization’s structure, policies, and procedures. Time Management Techniques: Understands and implements effective time management principles and scheduling practices to meet deadlines in a fast-paced environment. Communication Protocols: Knowledge of professional communication standards, both verbal and written. Project Management Principles: Awareness of project management methodologies to support various initiatives. Office Software Proficiency: Proficiency in productivity software (e.g., Microsoft Office Suite, Google Workspace) and project management tools. Housing Finance: In-depth understanding of housing finance principles, mortgage products, and homeownership assistance programs. Regulatory Compliance: Familiarity with federal and state housing laws, regulations, and policies related to homeownership. Market Trends: Knowledge of housing market trends, economic factors, and demographic dynamics impacting homeownership. Skills
Organizational Skills: Ability to prioritize tasks, manage multiple schedules, and keep track of various projects efficiently. Personnel Management: Ability to oversee and manage staff and their development. Communication Skills: Strong verbal and written communication skills to interact effectively with diverse stakeholders. Problem-Solving Skills: Capacity to assess situations, identify challenges, and implement effective solutions promptly. Interpersonal Skills: Ability to build and maintain positive relationships with colleagues, clients, and external partners. Attention to Detail: Strong focus on accuracy and thoroughness in tasks, especially in document preparation and meeting notes. Strategic Planning: Ability to develop and implement strategic plans that align with the agency’s goals and respond to community needs. Project Management: Proficient in managing multiple programs and projects simultaneously, including budgeting, resource allocation, and outcome evaluation. Abilities
Adaptability: Ability to respond to changing priorities and unexpected challenges with flexibility. Confidentiality: Capacity to handle sensitive information with discretion and maintain discretion. Executive Leadership: Fosters clear communication and collaboration; manages performance and resources; maintains accountability; and drives execution with continuous improvement. Initiative: Proactively identify opportunities for improvement and take the lead on tasks without waiting for direction. Technical Proficiency: Comfort with various office technologies and the ability to quickly learn new tools or software as needed. Education & Experience
University degree preferred. Minimum five (5) years of relevant work experience preferred, in finance, accounting, and/or capital markets. Benefits Of Employment With The State Of Indiana
Three (3) medical plan options (including RX coverage) as well as vision and dental plans Wellness Rewards Program: Complete wellness activities to earn gift card rewards Health savings account, which includes bi-weekly state contribution Deferred compensation 457(b) account (similar to 401(k) plan) with employer match Two (2) fully-funded pension plan options A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers Up to 15 hours of paid community service leave Combined 180 hours of paid vacation, personal, and sick leave time off 12 paid holidays, 14 on election years Education Reimbursement Program Group life insurance Referral Bonus program Employee assistance program that allows for covered behavioral health visits Qualified employer for the Public Service Loan Forgiveness Program Free Parking for most positions Free LinkedIn Learning access Equal Employment Opportunity
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role.
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The CFO will lead and implement the strategic development and execution of funding programs, including first mortgage securitization (and possible warehouse lending) for IHCDA’s balance sheet. Analyze the economic efficiency of bond financing, sale of mortgage-backed securities and other financing strategies. Manage the structuring of bond deals and work with financial advisors, underwriters, and bond counsel to develop and execute the most financially effective bond deals for the IHCDA. Meet the required EMMA disclosures. Lead IHCDA’s secondary marketing program to ensure best execution on transactions involving the sale of mortgage-backed securities, while ensuring that the interest-rate risk of the mortgage loan pipeline is hedged appropriately. Lead and guide the strategic financial plan for the agency. Strategically manage and monitor the balance sheet and income statement. Direct the completion of required Financial Statements and lead the IHCDA financial audit processes with continuous improvement and an expectation of excellence. Serve as IHCDA’s primary contact for the Ratings Agencies. The CFO has a responsibility to directly supervise the Director of Homeownership, Director of Operations, and Controller/Director of Accounting. The supervisory duties include and are not limited to the handling of performance management, which include goal setting, performance evaluation, and holding staff accountable, as well as providing guidance and thought leadership. Responsibilities
Invest the Authority’s cash in short-term investments in accordance with the ISP Supports the Executive Director on special assignments regarding financial matters. Attend all TEFRA meetings for bond issuances. Meets with both commercial and investment banking partners, as well as IHCDA’s financial advisor concerning cash management, investments, and debt issuance. Supports the Authority’s continuous improvement efforts Participates in and supports the Authority’s strategic plan development and implementation. Updates job knowledge by participating in educational opportunities, reading professional publications, and participating in professional organizations to maintain continuing professional education (CPE) requirements, if applicable. Executes directive letters for the single-family Resolution and general fund investments. It should be noted that there is day and overnight travel involved with this position. What You'll Need For Success
The knowledge, skills, and abilities (KSAs) essential for a Chief Financial Officer include: Organizational Policies and Procedures: Familiarity with the organization’s structure, policies, and procedures. Time Management Techniques: Understands and implements effective time management principles and scheduling practices to meet deadlines in a fast-paced environment. Communication Protocols: Knowledge of professional communication standards, both verbal and written. Project Management Principles: Awareness of project management methodologies to support various initiatives. Office Software Proficiency: Proficiency in productivity software (e.g., Microsoft Office Suite, Google Workspace) and project management tools. Housing Finance: In-depth understanding of housing finance principles, mortgage products, and homeownership assistance programs. Regulatory Compliance: Familiarity with federal and state housing laws, regulations, and policies related to homeownership. Market Trends: Knowledge of housing market trends, economic factors, and demographic dynamics impacting homeownership. Skills
Organizational Skills: Ability to prioritize tasks, manage multiple schedules, and keep track of various projects efficiently. Personnel Management: Ability to oversee and manage staff and their development. Communication Skills: Strong verbal and written communication skills to interact effectively with diverse stakeholders. Problem-Solving Skills: Capacity to assess situations, identify challenges, and implement effective solutions promptly. Interpersonal Skills: Ability to build and maintain positive relationships with colleagues, clients, and external partners. Attention to Detail: Strong focus on accuracy and thoroughness in tasks, especially in document preparation and meeting notes. Strategic Planning: Ability to develop and implement strategic plans that align with the agency’s goals and respond to community needs. Project Management: Proficient in managing multiple programs and projects simultaneously, including budgeting, resource allocation, and outcome evaluation. Abilities
Adaptability: Ability to respond to changing priorities and unexpected challenges with flexibility. Confidentiality: Capacity to handle sensitive information with discretion and maintain discretion. Executive Leadership: Fosters clear communication and collaboration; manages performance and resources; maintains accountability; and drives execution with continuous improvement. Initiative: Proactively identify opportunities for improvement and take the lead on tasks without waiting for direction. Technical Proficiency: Comfort with various office technologies and the ability to quickly learn new tools or software as needed. Education & Experience
University degree preferred. Minimum five (5) years of relevant work experience preferred, in finance, accounting, and/or capital markets. Benefits Of Employment With The State Of Indiana
Three (3) medical plan options (including RX coverage) as well as vision and dental plans Wellness Rewards Program: Complete wellness activities to earn gift card rewards Health savings account, which includes bi-weekly state contribution Deferred compensation 457(b) account (similar to 401(k) plan) with employer match Two (2) fully-funded pension plan options A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers Up to 15 hours of paid community service leave Combined 180 hours of paid vacation, personal, and sick leave time off 12 paid holidays, 14 on election years Education Reimbursement Program Group life insurance Referral Bonus program Employee assistance program that allows for covered behavioral health visits Qualified employer for the Public Service Loan Forgiveness Program Free Parking for most positions Free LinkedIn Learning access Equal Employment Opportunity
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role.
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