The Clean Energy Fund of Texas is Texas's first non-profit green bank. We're on a mission to make clean energy accessible and affordable for all. Our initiatives are designed to drive energy security and economic development, especially in historically underserved communities, by promoting sustainability and equity. Through innovative financing solutions and partnerships, we empower individuals and businesses to participate in the clean energy transition.
About the role
As the Chief Financial Officer, you will play a critical role in leading our organization's financial operations. Reporting to the Chief Executive Officer (CEO) and in collaboration with the Chief Credit Officer (CCO) and General Counsel (GC), you will ensure that the organization's financial structures and functions support a sustainable financial model while mitigating organizational risk. You will oversee the development and implementation of financial strategies, directing a team focused on accounting, finance, budgeting, and capital planning. Your responsibilities will include architecting financial reporting mechanisms and tracking progress toward long-term organizational goals and strategies. This position requires a commitment to sustainable finance practices and a passion for making clean energy accessible to all.
In this role, you’ll primarily be responsible for
Strategic Planning & Leadership
- In partnership with the senior leadership team, develop the long-range financial strategy, financial models, benchmarks, and related system enhancements.
- Prepare the annual budget and reforecasts to meet strategic and financial objectives, working collaboratively across finance, operations, credit, and the leadership team.
- Provide timely, accurate financial reports, analysis of financial trends, and forecasting to assist the CEO and the Board.
- Prepare and present financial reports to the Board of Directors.
- Develop and enforce the organization’s internal control framework, in collaboration with the leadership team, and ensure compliance with policies and procedures.
- Manage banking and financial advisory relationships and initiate appropriate strategies to support financial sustainability.
- Advise on areas like product development, market expansion, and capital investments.
- Provide leadership and mentorship to the finance team, fostering a culture of collaboration and integrity.
Financial Management
- Function as the risk manager in implementing processes that prevent operational losses, grant and contract non-compliance.
- Provide oversight for and manage all budgets, forecasts, and internal financial plans and processes to ensure all federally funded grant programs meet the 2 CFR Part 200 requirements.
- Oversee financial reporting, general ledger management, loan accounting rules, cost accounting management, accounts payable, accounts receivable, tax compliance, and procurement.
- Support the financial close process, including preparing journal entries, schedules, and critical account analysis and reconciliations.
- Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations.
- Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements.
- Prepare financial reporting to comply with Generally Accepted Accounting Standards (GAAP) and the Governmental Accounting Standard Board (GASB) pronouncements.
- Make decisions on how to allocate capital among various projects and investments to maximize returns and support the fund’s strategic goals.
Core qualifications
- 10+ years of management experience in financial management positions, with demonstrated excellence in managing finance, accounting, budgeting, and reporting responsibilities.
- 5+ years’ experience with non-profit accounting and finance.
- Bachelor’s degree in Accounting, Finance, or relevant field; and is a Certified Public Accountant (CPA)
- Extensive track record of accounting and financial reporting, including fund and loan accounting.
- Demonstrated expertise in financial, audit, compliance, and risk management.
- Working knowledge of GAAP, GASB, and other authoritative pronouncements.
- Demonstrated flexible and effective interpersonal and communication skills with the ability to prioritize, negotiate and work with a variety of stakeholders and levels of an organization.
- Ability to work collaboratively, exercising good judgment, decision-making, and problem-solving skills to achieve shared goals.
- 2+ years’ experience leading a team
- Passion for clean energy and a commitment to advancing sustainability and environmental stewardship
Preferred qualifications
- Experience with federal grant management
- Experience with project finance accounting, tax credit finance, and capital stack modeling
- Certified Financial Planner (CFP)
What we offer
The expected annual salary range for this position is $170,000-$180,000, commensurate with qualifications and location. We offer a comprehensive benefits package, including healthcare insurance coverage, professional development, and retirement.
This role is a remote opportunity and open to applicants across the United States, with a preference for those based in the communities we serve. Currently, we have team members in Houston and Austin. Occasional travel may be required for meetings, conferences, and other external engagements.
Our Commitment to Diversity and Inclusion
We are an Equal Opportunity Employer that is committed to an inclusive, collaborative, and respectful workplace. We recognize that each team member brings unique abilities that contribute to our overall success. We don't discriminate based on race, color, religion, sex, gender identity, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. All employment decisions are based on qualifications, merit, and business needs.
We're committed to providing the best experience for all candidates, and we can offer accommodations or adjustments at any stage of the recruitment process. Please email careers@txcef.org to request accommodation during the hiring process.
