Chief Financial Officer


Los Angeles, CA

Industry: Non-Profit


Not Specified years

Posted 279 days ago

  by    Michelle Kristel

This job is no longer available.


Founded in September of 1993, the Los Angeles Homeless Services Authority (LAHSA) is an independent public agency created by The City and County of Los Angeles as a Joint-Powers Authority. Its mission is to address homelessness in Los Angeles County. LAHSA is committed to ending homelessness by providing leadership, advocacy, and management of program funding. LAHSA strives to educate the public and the media on key issues related to homelessness.

LAHSA is governed by a 10-member policy-making Commission. The Mayor of the City of Los Angeles appoints five of the Commissioners with approval of the City Council and the Los Angeles County Board of Supervisors appoints five, one appointment from each Supervisorial District

LAHSA provides funding and guidance for a vast network of local, non-profit agencies serving homeless people. LAHSA is funded by the U.S. Department of Housing & Urban Development, The County of Los Angeles and the City of Los Angeles. Headquartered in downtown Los Angeles, with a staff of approximately 360+ and an annual budget of approximately $243,000,000, the Authority distributes approximately $225 million annually to about 100 provider agencies with nearly 300 contracts. These programs are located throughout the City and County, and address a wide-range of issues related to homelessness, including: mental illness, substance abuse, job training, domestic violence, food, housing, case management, referrals, health concerns, clothing, benefits advocacy, and transportation. LAHSA operates its own Emergency Response program to address the urgent and immediate needs of the homeless. The Measure H quarter-cent sales tax that voters approved in 2017 to address the growing problem of homelessness is projected to raise $355 million annually for 10 years.

LAHSA funded programs and agencies support the U.S. Department of Housing and Urban Development?s (HUD) national ?Continuum of Care? model to assist homeless individuals and families in their transition to independence. To assure that the Continuum of Care system continues to address the changing needs and priorities of Los Angeles County, LAHSA works closely with service providers, advocates, coalitions, communities, businesses, governmental organizations, elected leaders, and research groups.


Under the direction of the Executive Director, the CFO serves as LAHSA?s Treasurer and Auditor? Controller, and is responsible for overseeing all fiscal activities and maintaining the overall integrity of fiscal data. With a staff of approximately 60, the CFO supervises the Director of Finance, and, through the Director, the Manager, Budget and Manager, Finance Administration. The CFO directs all the internal fiscal operations of a complex governmental and multiple grants accounting system. The CFO also provides monthly financialreports to the LAHSA Commission.


Essential Duties and Responsibilities:

Budget & Variance Reporting

  • Preparation and submission of LAHSA?s annual budget to Commission for approval.
  • Develop, negotiate and advocate for LAHSA?s budget with Commission and current and potential funders.
  • Monitor budget?to?actual expenditures globally and on a per?grant basis.
  • Proactively inform management and the Commission monthly on budget progress and any need for revisions.


  • Entrusted with authority for all funds on deposit.
  • Adherence to approved investment policy ? excess funds in longer?term instruments.
  • Ensures sufficient cash balances for cash flow needs.
  • Monitor/verify cash balances for each grant/source.
  • Reconcile cash balances monthly ?investigate discrepancies, bring notice to Executive Director, and/or the Finance, Contracts and Grants Management Committee of the Commission.


  • Appropriate management of financial data, correct and appropriately charged, will provide a tool for decision?making by management.
  • Continual assessment of organization?s accounting system to ensure it is appropriately meeting the needs of LAHSA.
  • Prepare and present monthly financial statements ? organization?wide and on a per?grant basis, to provide assurance and overview of financial operations.
  • Submit to the City and the County of Los Angeles complete written reports of LAHSA?s financial activities within90 days after the fiscal year ends.
  • Ensure an independent CPA completes an annual audit of accounts and records.
  • Ensure compliance with Single Audit regulations.

Disbursement Officer

  • Review/approve all LAHSA Payments ? ensure as appropriate and eligible, will be charged to correct sources, adequate justification/support provided.
  • Oversee preparation of checks ? ensure appropriate approvals, supporting documentation, and appropriations of disbursements.
  • Ensure sub?recipients are paid as per contractual requirements.

Fiscal Policy

  • Continual development, implementation and communication/training of fiscal policies, accounting procedures, automated accounting system, and cost allocation plan for LAHSA and sub?recipients.
  • Ensure appropriate internal controls are in place at LAHSA ?accounting procedures, segregation of duties, security of fixed assets, etc.
  • Oversee the maintenance of the LAHSA Fiscal Manual as needed.
  • Oversee the maintenance of the Contractor?s Accounting Handbook as needed.


  • Oversee the monitoring and compliance program to ensure sub?recipient fiscal performance and reporting, through fiscal monitoring.
  • Ensure sub?recipient compliance with grant requirements and accounting regulations: FASB, 2CFR Part 200, etc.
  • Ensure that any non?compliance or control weaknesses identified by monitoring teams is provided to sub recipient and to LAHSA management for appropriate action.
  • Ensure LAHSA?s books and records are in order and in compliance with all funder?s requirements, and are open to inspection at any time.


Staffing/Organizational Structure

  • Manage fiscal departmental staff of approximately 60.
  • Assess the organizational structure of the agency?s fiscal department, including the functions and qualifications of all staff, to ensure LAHSA has the capacity to function effectively.


The successful candidate must have the following experience:

  • Fund accounting and fiscal grants management of federal funds, including 2 CFR Part 200 (Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards)
  • General ledger management and maintenance.
  • Team?based project management.
  • Grants and Community Development Block Grants.
  • Intermediate and advanced level of computer software programs specifically, Microsoft Office (Word, Excel, Access,Power Point and Outlook) and the internet.
  • Direct experience with homeless services is not an absolute requirement, but familiarity with homeless funding regulations, requirements and procedures, including HUD Continuum of Care, Emergency Solutions would be a significant plus.


The ideal candidate will thrive in an environment where coordination and collaboration are critical to success, while exhibiting strong leadership skills and the willingness to take action as needed to achieve results. The candidate will have the ability to read, interpret and apply laws, rules, regulations, policies and/or procedures; communicate information and ideas clearly and concisely, orally and in writing; evaluate information against a set of standards; and observe and evaluate the outcomes of a problem solution to identify lessons learned or redirect efforts. The ideal CFO will:


  • Build successful, collaborative relationships at all levels of LAHSA, as well as with contractors and other stakeholders.
  • Work well in a team?based, project management oriented system.
  • Serve as a team leader with a collaborative, straightforward approach to monitoring and compliance.
  • Plan, organize and implement projects/tasks according to priority.
  • Review documents for completeness, accuracy, authorization and regulatory and procedural compliance.
  • Analyze compliance problems and recommend solutions.
  • Work well under pressure to meet inflexible deadlines.
  • Communicate effectively both orally and in writing using correct standard rules of English.
  • Write and present clear and informative reports.
  • Maintain accurate records and files.
  • Work independently and exercise initiative and sound judgment.




The CFO is employed ?at will? by the LAHSA Commission. This is not a City or County civil service appointment. The selected candidate will be compensated at a level dependent upon qualifications and experience and will receive a comprehensive benefit package.



Los Angeles County's homeless population has soared 23% over the past year despite increasing success in placing people in housing. The sharp rise, to nearly 58,000, suggests that the pathway into homelessness continues to outpace intensifying efforts that ? through rent subsidies, new construction, outreach and support services ? got more than 14,000 people permanently off the streets last year. The startling jump in homelessness has affected every significant demographic group, including youth, families, veterans and the chronically homeless. Homeless officials and political leaders point to steadily rising housing costs and stagnant incomes as the underlying cause.


After months of planning, Measure H funding recommendations were approved by the Board of Supervisors, which unanimously approved a spending package to deploy $1 billion into local communities over the next three years. LAHSA will be the conduit and steward for much of these resources. This is an opportunity to be on the forefront of addressing one of most pressing human services need in our country today.  The successful candidate will have the satisfaction of building the financialinfrastructure to address this need and participating in an effort of critical humanitarian importance.