Chief Financial Officer (CFO)

Boldnewheights; Baltimore (MD); On-site; USD 160,000 - 190,000; Full time

Job summary

Boldnewheights is seeking a Chief Financial Officer (CFO) in Baltimore, Maryland to lead financial operations and support the organization’s mission in community revitalization. This executive role will manage budgeting, forecasting, and compliance while overseeing day-to-day operations and vendor management.

The ideal candidate will have over 10 years of financial leadership experience and a bachelor's degree in a related field. A compensation range of $160,000 - $190,000 is offered for the right candidate.

Qualifications

• 10+ years of progressive financial leadership experience.
• Expertise in budgeting, forecasting, financial reporting, and compliance.
• Experience with financial systems and operational processes.

Responsibilities

• Lead organizational budgeting, forecasting, and financial planning.
• Oversee procurement and vendor contract processes.
• Ensure compliance with legal, financial, and regulatory requirements.

Skills

Financial leadership

Budgeting and forecasting

Compliance and risk management

Team development

Education

Bachelor’s degree in Finance, Accounting, or Business Administration

Job description

Chief Financial Officer (CFO)

Baltimore, Maryland

Full-Time | Executive Leadership

Salary Range: $160,000 - $190,000 DOE

About Park Heights Renaissance (PHR)

Park Heights Renaissance (PHR) is a 501(c)(3) nonprofit organization serving as the community quarterback organization (CQO) for one of the largest and most complex urban revitalization efforts in Baltimore and the State of Maryland.

The Park Heights community spans 12 neighborhoods and is home to more than 22,000 residents, diverse business corridors, schools, faith-based institutions, and community organizations. PHR leads a Collective Impact Model that aligns residents, community partners, government agencies, and private stakeholders around shared goals focused on improving economic mobility and long-term community outcomes.

PHR’s work is centered around six key pillars:

• Workforce Development
• Education & Out-of-School Time
• Housing & Real Estate Development
• Business & Commercial Revitalization
• Community Leadership
• Community Wellness & Safety

Position Summary

The Chief Financial Officer (CFO) serves as the financial and operational backbone of Park Heights Renaissance, ensuring that capital, business infrastructure, and enterprise systems are aligned to support effective implementation and long-term sustainability.

This executive leadership role is responsible for building and managing the organization’s business engine, including:

• Financial strategy
• Operational systems
• Vendor management
• Enterprise infrastructure
• Compliance and risk management
• Resource development alignment

The CFO will play a critical role in ensuring resources are deployed strategically, systems are integrated effectively, and the organization is equipped to scale its Collective Impact Model across the community.

Key Responsibilities

Financial Leadership & Strategy

• Lead organizational budgeting, forecasting, and financial planning
• Ensure accurate financial reporting and compliance
• Manage cash flow, reserves, and long-term financial sustainability
• Support executive leadership with financial insights and strategic analysis

Business Operations & Infrastructure

• Oversee day-to-day business operations
• Establish scalable operational systems and workflows
• Improve organizational efficiency across administrative and support functions
• Build infrastructure to support organizational growth

Vendor Management & Professional Services

• Oversee procurement and vendor contract processes
• Manage relationships with consultants, contractors, and external service providers
• Standardize contract workflows and approval processes
• Ensure consistency, compliance, and cost-effectiveness across vendor relationships

Enterprise Systems Ownership

• Oversee enterprise systems including:
• CRM platforms
• Grants management systems
• Workflow and tracking tools
• Manage IT infrastructure and technology vendors
• Ensure system integration, scalability, and data governance

Resource Development Alignment

• Supervise the Resource Development / Development Manager
• Align fundraising processes with financial systems and reporting
• Support revenue forecasting and funding strategy
• Ensure alignment between funding sources and organizational priorities

Risk Management & Compliance

• Maintain strong internal controls and compliance practices
• Prepare for audits and oversee audit processes
• Ensure compliance with legal, financial, and regulatory requirements
• Identify and mitigate financial and operational risks

Strategic Priorities

The CFO will help:

• Strengthen financial operations, payroll, and reporting systems
• Build scalable operational infrastructure
• Centralize governance of enterprise systems
• Improve audit readiness and compliance
• Align financial strategy with implementation priorities
• Integrate fundraising and financial forecasting processes

Organizational Values

At Park Heights Renaissance, we value:

• Collaboration Over Competition
• Accountability & Ownership
• Excellence & Integrity
• Innovation & Problem Solving
• Respect & Community Commitment

We are seeking leaders who are passionate about community impact, operational excellence, and sustainable systems that create meaningful change.

Schedule & Classification

• Full-Time
• Monday – Friday
• Exempt Position

Apply Today

If you are a strategic, mission-driven financial leader ready to help shape the future of Baltimore communities through sustainable growth and operational excellence, we encourage you to apply.

Requirements

Qualifications

Required

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field
• 10+ years of progressive financial leadership experience
• Expertise in budgeting, forecasting, financial reporting, and compliance
• Experience building financial systems, controls, and operational processes
• Strong leadership and team development experience
• Proven ability to partner with executive leadership teams

Preferred

• MBA, MPA, or related advanced degree
• CPA or other relevant certification
• Experience in nonprofit, public sector, or community-based organizations
• Experience with grant management and restricted funding environments
• Experience supporting complex, mission-driven organizations