Imagine yourself as the next Chief Financial Officer for the Community Development Commission/Housing Authority (CDC/HACoLA), an agency that is currently engaged in an exciting time of transformative organizational change. The CDC/HACoLA offers an opportunity for a forward-thinking visionary, one who understands that tomorrow’s success is not about a singular investment or new development. If you have the passion, creativity, skills and vision to take this Division to the next level, this could be your next career move.
The new Chief Financial Officer must embrace the Agency’s vision, value service and human capital development, and be responsible for providing leadership, direction, and full-service accounting and financial services in support of the CDC’s/HACoLA’s housing, community and economic development programs. The Chief Financial Officer is also a member of the Executive Leadership Team, which is responsible for unifying the agency to work as “one Agency” in support of its mission. This critical role, in partnership with their fellow Directors and Managers, oversees the fiscal services of the CDC/HACoLA in support of the agency’s core values and initiatives and operates with the highest degree of integrity and a demonstrated commitment to building positive, collaborative partnerships.
The CDC/HACoLA seeks a charismatic, seasoned professional to manage the staff and managers in the Finance and Budget Division, which includes, budgeting, payroll, accounts payable, fixed assets, debt management, cash management, financial reporting and general ledger accounting. Significant technical activities include the preparation of the Comprehensive Annual Financial Report (CAFR), overseeing the Single Audit and developing the agency’s half a billion-dollar annual operating budget.
The Chief Financial Officer is a leader who embraces thoughtful ingenuity complemented with creativity, passion, patience, and heart to move the agency fiscally forward. The ideal candidate will be an asset in modeling a culture that will attract and retain employees at all levels, be able to forge excellent interpersonal relationships, have versatile communication skills, convey self-confidence, take initiative, value personal and fiscal integrity and consistently demonstrate good judgment.
The Chief Financial Officer leads and empowers staff to promote a culture that embraces, embodies and encourages innovation and ongoing efficiency. The Chief Financial Officer serves as a resource to the Executive Leadership Team on strategic issues and trends in public financing and related activities. The candidate is an active listener who values honesty and integrity and believes in fostering mutual respect at all levels. As a natural collaborator, the Chief Financial Officer recognizes the importance of cultivating professional relationships and partnerships at all levels and appreciates and balances diverse views during the decision-making process. The ideal candidate is an effective communicator who actively keeps stakeholders and strategic partners well informed. In the midst of our important work, the Chief Financial Officer also possesses high emotional intelligence and appreciates a relationship-rich and interdependent culture, while driving toward their future.
If you are willing to commit in heart and mind to their mission, their vision and the people they serve, and use that commitment to energize, engage and inspire others, join them as they answer the call and Build Better Lives and Better Neighborhoods in the County of Los Angeles.
- Is a confident and inspiring leader of high integrity who is open to staff and the community, is approachable and diplomatic, comfortable handling complicated issues and is results oriented.
- Models supervisory strategies and approaches that demonstrate the objectives of the CDC/HACoLA and its culture in all aspects of staff communication and supervision, with a strong follow-through on projects and programs to ensure appropriateness, accuracy, efficiency, completion, and quality.
- Is a bold and motivating team builder and a hands-on leader with strong interpersonal skills and solid business- and financial-sense. Has demonstrated abilities to serve as a mentor and coach for staff with an eye toward team building and succession planning.
- Is a strategic thinker and problem solver who is able to positively and effectively express their financial and business acumen while also being proactive and facilitate working with their staff and colleagues within the agency, as well as with external partners.
- Has a passion for public service and possesses the organizational skills to assess the structure and efficiencies of the division. Enforces sound financial policies and procedures, implements best practices and internal controls, and provides clear, concise, and readily understood financial reports and projections. Commits to agency transparency and accountability.
- Has the ability to accurately analyze complex data and build financial models to enable forecasting. Is adept at communicating the agency’s financials in clear and concise language understandable to a non-financial audience.
- Has the desire and confidence to work with new agency leadership in a highly visible role to carry out the mission, vision, and needs of CDC/HACoLA with a strategic mindset in serving as a partner with other members of the Executive Leadership Team, while establishing positive peer relationships with counterparts in the county and other relevant organizations.
- Appreciates the complexities of affordable housing, community and economic development and a diversely engaged citizenry and governing boards. Must possess strong communication and presentation skills and a high level of political acumen.
- The ideal candidate may be seasoned, or an up and comer, in either a large or small organization or may come from the private sector. A CPA Certificate and a background in the public sector with an understanding of the unique and complex financial dynamics of public housing authorities and development agencies are ideal.
Skills & Abilities
As a key member of the Executive Leadership Team, the Chief Financial Officer will support the Executive Director in ensuring the vision, mission, goals, objectives and requirements of the Division are achieved on time and within budget. Additionally, the Chief Financial Officer will:
- Have extensive knowledge in the following:
- Principles and practices of public administration; budgeting; finance; and personnel administration, organization, and management.
- Governmental finance, public finance and budgeting.
- Best practices, methods, and principles of general government and fund accounting, including financial statement preparation and methods of financial reporting.
- Principles and practices of budget development and administration.
- Business computer, user applications, computer conversions and financial systems.
- A hands-on understanding of government, housing and development, community and economic development, or other organizations of similar complexity.
- Ensure a customer service-oriented approach to meeting the fiscal management needs of the agency. Monitors staff’s implementation of this approach in carrying out their duties, attempting to meet requests and make reasonable accommodations whenever possible.
- Oversee banking and investment strategies that support the cash flow needs of the agency required to implement the disbursement pattern projections established in collaboration with program directors and managers.
- Oversee financial management of funds from all sources, coordinates finance, and directs divisions’ documentation of disbursement in compliance with individual funding guidelines and regulations, and generally accepted accounting principles, standards and pronouncements.
- Ensure that the annual budget is approved in a timely manner by the governing boards and that the Executive Leadership Team has the opportunity for substantial input into the decision-making process.
- Understand the principles of budgetary administration and control, and the importance of reconciling the Adopted Budget to the general ledger.
- Serve as a resource to Directors and Managers on issues relative to financial management, budget planning and cost projections as requested. Models strategies and approaches set out in the statement of agency culture when offering such assistance. Monitors consistency of approach to similar issues throughout the CDC/HACoLA.
- Provide services such as payroll, accounts payable, accounts receivable and basic accounting functions through annual closing, and provides ongoing review of the effectiveness of each service.
- Provide internal auditing services, develops and implements effective and efficient internal procedures.
- Monitor compliance with all laws and regulations governing agency finances including, but not limited to, funding agreements, contracts, and public policy.
- Oversee the use of all project funds including federal entitlements, grants, bonds, loans, etc. for the CDC/HACoLA.
The Community Development Commission/Housing Authority of the County of Los Angeles (CDC/HACoLA) is a dynamic and innovative local government agency created in 1982 by the Los Angeles County Board of Supervisors. The agency is an industry leader in four core service areas: affordable housing, community, economic, and housing development. Funded primarily with federal grants, the CDC/HACoLA prides itself on sponsoring new solutions to local issues and forming partnerships with private and public agencies. To learn more about the agency's work in support of its mission to Build Better Lives and Better Neighborhoods, please visit www.lacdc.org.
The annual salary range for this position is $120,000 to $176,436 per year, DOQ. In recognition of the value its employees deliver, the CDC/HaCoLA offers a generous compensation and benefits package which includes 12 paid holidays per year, vacation leave, medical and dental insurance for employees and their eligible dependents, optional Flexible Spending Account, Employee Assistance Program, life and disability insurance, deferred compensation options, and retirement benefits though the California Public Employees Retirement System (CalPERS).
- Bachelor’s degree in finance, accounting, economics, public or business administration or closely related field; a master’s degree is preferred.
- A minimum of eight (8) years of progressively responsible experience in financial management and analysis, budget development, accounting and debt/liability management. Governmental accounting experience is highly desirable. An advanced degree in the above or related files is a plus. Possession of a Certified Public Accountant Certificate, license/designation is preferred and highly desired.
- Three to five (3-5) years of supervisory experience is required.
- Competent in managing, planning, organizing, directing and controlling large financial/budget organizational units.
If you are interested in this exceptional opportunity, please submit a detailed resume immediately to:
Gans, Gans & Associates
7445 Quail Meadow Road, Plant City, FL 33565
Phone: (813) 986-4441 ext. 7121
Fax: (813) 986-4775
E-mail: [email protected]
Should you have any questions in consideration of your own interest, or a referral of a colleague, please contact us at the number above.