LACAHSA is brand new, so the first order of business is for the board to get input from the public, create a shared vision for a very different L.A. County, and start to turn planning into action. There’s a lot LACAHSA could do, like offer emergency rent assistance and build enough affordable homes to meet our regional need.

Chief Financial Officer

KEES has been exclusively retained by the Los Angeles County Affordable Housing Solutions Agency in its search for a Chief Financial Officer.

The Los Angeles County Affordable Housing Solutions Agency (LACAHSA) seeks a savvy start-up Chief Financial Officer (CFO) who can build and implement the structure needed to realize the bold, innovative plans and goals of the agency. Within the first year, the CFO will be responsible for budget forecasting and setting up the systems and internal controls required to deploy funds and pass auditing.

With 36% of Measure A’s funding being released to LACAHSA in June 2025, this unique, special-use agency needs to be ready to deploy those funds in June 2025 to projects/developments focused on housing and homelessness prevention programs.

Initial fund disbursement will be based on anticipated funding agreements. The CFO will need to quickly, yet credibly beyond measure, develop the systems required to make this possible. Concurrently, the CFO will work with the Interim CEO to design strategies to leverage the upcoming funding to exponentially create impact in the creation of

affordable housing. Reporting directly to the Interim CEO, the CFO will hold technical knowledge of bonds. The CFO will collaborate with the Interim CEO and to prepare for the upcoming, initial, agency audit of 2024-25 activities, which requires both state and local compliance.

Some specific requirements include:

• Track record in financial management, stewardship, and developing strategies to successfully improve the bottom line and enhance return on investment.
• Proven experience in executive leadership as a CFO or equivalent role, with knowledge of:
  • Financial planning and strategy
  • Public Financing
  • Municipal bonds
  • Budget design, creation, and development
  • Data analysis, forecasting methods, and meaningful reporting
  • State and local financial laws, regulations, and risk management practices
• Proven success in building strong and productive work teams with a focus on mentoring and nurturing staff development. This will be among the first six roles hired, so an adaptive and flexible approach will be needed.
• Strong analytic and strategic-thinking skills, with a demonstrated ability to create, implement, and monitor complex plans and then translate those plans into goals and concrete strategies.
• Expertise in finance and accounting, as well as experience working with startups or early-stage businesses.
• Minimum of 10 years in managerial/leadership roles in Financial Administration and leadership.
• Bachelor’s degree in business administration or finance required; CPA or advanced credentialing preferred.

The initial salary for this position was approved in the start-up budget and is set at $220,000. Benefits for this position include 100% Employer Paid Benefits, Short Term Disability and Health, 7% match on 60% of Employee Retirement Benefits, and 13 paid Holidays.

Relocation assistance is available.

TO APPLY, PLEASE CLICK HERE: https://bit.ly/CFO-LACAHSA