What are the responsibilities and job description for the Chief Financial Officer position at Sate Housing Finance Agencies (HFAs)?
The Louisiana Housing Corporation (LHC) is seeking a highly motivated and experienced financial professional to serve as its Chief Financial Officer (CFO) . The CFO will play a critical role in ensuring the financial health and stability of the organization, overseeing all aspects of financial management, including accounting, payroll, budgeting, financial reporting, and internal controls.
About the Role
The information below covers the role requirements, expected candidate experience, and accompanying qualifications.
The Chief Financial Officer (CFO) is a pivotal leadership role at the Louisiana Housing Corporation (LHC), responsible for ensuring the financial sustainability of this quasi-state agency, which operates without direct state operating funds. Collaborating closely with the Executive Director and Board of Directors, the CFO will oversee complex funding mechanisms exceeding $50 billion, manage bond markets, ensure compliance with federal regulations, and lead a high-performance finance team dedicated to fostering innovation and collaboration in financial management.
With an operating budget of over $50 million and a team of 17 full-time employees, the Accounting and Asset Management department under the CFO’s leadership is vital to the agency’s success. The CFO’s responsibilities span a wide range of critical financial functions, including fiscal planning, asset management, and compliance with federal programs. This requires exceptional expertise in public funding, regulatory adherence, and financial strategy.
Key aspects of the role include :
- Driving financial planning, budgeting, and risk management to optimize LHC’s financial performance.
- Managing federal program funds, bond financing, and investment portfolios to ensure compliance and maximize returns.
- Developing innovative strategies to expand revenue streams, increase asset management capabilities, and explore new investment opportunities.
- Building financial transparency through advanced reporting tools and data-driven insights.
- Leading a high-performing finance team and fostering a culture of collaboration and innovation.
Qualifications :
Salary and Benefits :
The anticipated hiring salary is $150,000 – $170,000 annually, commensurate with knowledge, experience, and skills. The LHC also offers a competitive salary and benefits package, including health insurance, dental insurance, vision insurance, retirement savings plan, complimentary CALM membership, employee discounts, and sick and personal leave.
To Apply :
To be considered, please electronically submit your resume, cover letter and a list of five professional references (references will not be contacted in the early stages of the recruitment) to : hr@lhc.la.gov
Resumes should reflect years and months of positions held, detailing experience, and demonstrated career accomplishments relevant to this position along with the application. For additional information please contact Caronda Stanley, HR Analyst, at cstanley@lhc.la.gov.
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Salary : $150,000 - $170,000
