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![L.A. Family Housing Corp.](https://media.trabajo.org/img/noimg.jpg)
Chief Financial Officer
1 month ago
POSITION: Chief Financial Officer
DIVISION: Finance
SUMMARY OF ORGANIZATION
LA Family Housing is a leading homeless service provider and affordable housing developer in Los Angeles. We believe that housing is a human right, and we are invested in driving forward the innovative solutions we know are effective in ending homelessness. As we celebrate our 40 years as a company, we know what works: an individualized approach that combines a continuum of housing options enriched with supportive services. In 2023, we connected more than 13,000 people with housing resources and supportive services every year. We also own or co-own 39 interim, affordable, and supportive housing properties and have 810 additional units of permanent supportive housing in our pipeline.
Our community-based approach allows us to influence how homelessness is addressed in Los Angeles and nationwide. We take tremendous pride in positioning our staff as national leaders in innovation, best practices, and policy within housing production and homeless services. From presenting at national conferences to facilitating service collaboration among providers in other regions, we equip our industry to effectively respond to homelessness and move more people home. Join this incredible team of changemakers and start making a difference in people’s lives today at LA Family Housing
THE OPPORTUNITY
LA Family Housing is seeking a proactive, strategic, and technical Chief Financial Officer to advise the organization on a all aspects of accounting, including budget preparation and monitoring, financial statement and tax preparation, supervision of financial audits including the annual audit, and oversight of the accounting and compliance for real estate activities and transactions. The Chief Financial Officer will have the unique opportunity to serve the greater Los Angeles community and help realize the mission of LA Family Housing by overseeing an operating budget of $80 million. The Chief Financial Officer will join the Executive Leadership Team of LA Family Housing, known as an innovative provider of solutions and services to ameliorate the current homelessness crisis while also addressing the root causes of homelessness.
The Chief Financial Officer reports directly to the President and CEO and provides an expert systematic and disciplined approach to the management of the daily accounting and finance operations of a growing organization. The Chief Financial Officer is also part of the risk management team handling binding of insurances. In addition, the position will be responsible to inspire, motivate, and guide team members toward their individual and collective goals and serve as a resource to the organization’s leadership on all financial matters.
CANDIDATE PROFILE
Candidates must have a bachelor’s degree in Finance, Accounting or related field from an accredited university; Master’s degree or CPA highly preferred. LA Family Housing is also seeking a minimum of ten (10) years’ experience in accounting, finance, tax, and audit preparation. Experience serving on a Senior Leadership/Executive Management Team required.
The strongest candidates will have experience in strategic planning, non-profit real estate development and accounting and a strong understanding of NetSuite. Additionally, candidates should possess the following expertise, knowledge, and skills:
Strategic Financial Leadership & Counsel
- Strong leadership and presentation skills; demonstrates visionary leadership, creativity, insight and boldness
- Responsible for oversight of all accounting and finance activities for the organization
- Collaborates with executive and senior management to prepare the annual budget
- Serves as the strategic financial advisor to senior management and other key staff
- Ensures that the organization’s vision, mission, and values are fulfilled and actualized in its operations and services
- Commitment to the organization’s core values and objectives coupled with the ability to manage details
Business Operations
- Ability to adapt to a variety of personalities to manage up, down and laterally (both externally and internally), skills in diplomacy
- Works with the Director of Budgets and Systems to prepare monthly financial reports for senior management, to keep them apprised of financial performance by location, program, and contract
- Works with the Controller to manage the agency’s general ledger and cash flow
- Works with the Accounts Payable Manager to manage centralized invoicing and payments to vendors
- Works with the Manager of Accounts Receivable to monitor government receivables and incoming payments
- Oversees accounting, finance, and banking requirements for all real estate transactions
Risk Management and Compliance
- Excellent interpersonal, written, and verbal communication skills to articulate and explain complex financial issues effectively
- Staffs the Finance, Investment and Risk Management Committees and presents internal financials to the Board of Directors on a quarterly basis
- Maintains knowledge and application of current GAAP standards, updates, new FASB’s, and other relevant pronouncements
- Manages insurances, binds insurances, and reviews all bids and policies
- Works closely with asset management functions including compliance monitoring of real estate assets, residual receipt calculations of real properties, and review and approval of all property financials
- Works closely with the agency’s outside auditors on the annual audit and tax preparation of the nonprofit, partnerships and QALICBs
COMPENSATION & BENEFITS
Compensation for this opportunity will begin at approximately $190,000/annually. Additional benefits information to be shared further along in the process.
EQUAL EMPLOYMENT OPPORTUNITY
LAFH is committed and proud to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, sexual orientation, national or ethnic origin, age, disability or status as a veteran.
FAIR CHANCE ACT
LA Family Housing will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if LA Family Housing is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting the California Department of Fair Employment and Housing’s Fair Chance Act webpage.