Chief Financial Officer

Lao Family Community Development, Inc.•Oakland, CA

18d•$123 - $154•Hybrid

About The Position

Lao Family Community Development, Inc. (LFCD) is seeking a hands-on Chief Financial Officer (CFO) who will serve as a systems builder, financial architect, and strategic partner to the CEO, Board, and Leadership Team. This is a financial transformation and institution-building leadership role, crucial for shaping the organization's next decade of growth. The CFO will be the CEO's principal financial strategist and business partner, working closely with the Board, executive leadership, finance/accounting staff, operations, technology, research and evaluation, HR, and program leaders. The role requires an executive who can build systems and work directly with financial details. The position is based in Oakland, California, with regular presence required across LFCD sites, and offers a flexible schedule to support executive responsibilities and events.

Requirements

Bachelor's degree minimum in Accounting, Finance, Business or related field required
Approximately 12+ years of progressively responsible financial leadership, including significant CFO, Deputy CFO, VP Finance, Controller/Finance Director or equivalent executive responsibility in a complex organization.
Substantial nonprofit financial leadership and direct experience with government-funded programs are required
Demonstrated command of government cost-reimbursement and performance contracts, federal/state/county/local funding, indirect cost allocation, restricted funding, audits, internal controls, cash-flow forecasting and contract-level financial performance.
Experience scaling organizations, modernizing financial systems and documenting processes, policies, controls, dashboards and management routines.
Experience with investor relationship, banking, financing, family offices, capital planning, leases, acquisitions or multi-entity structures is a requirement.

Nice To Haves

Advanced degree and/or CPA or other relevant professional credential strongly preferred
Experience spanning nonprofit, public-sector/government contracting and for-profit or entrepreneurial environments is strongly preferred
Healthcare reimbursement (especially Medi-Cal/CalAIM), housing/property operations, real estate, social enterprise or other earned-income experience is highly desirable.

Responsibilities

Partner with the CEO and Board on multi-year financial strategy, growth scenarios, capital allocation, reserves, liquidity, risk and organizational sustainability.
Establish contract-level and enterprise forecasting that links awards, staffing, enrollment/utilization, participant supports, deliverables, billing and cash collections.
Ensure timely invoicing/claims, accounts-receivable management, cash forecasting and resolution of reimbursement barriers.
Oversee financial compliance for complex federal, state, county and local cost-reimbursement, performance-based and pass-through funding.
Lead cost allocation, allowable-cost analysis, contract budgeting, grant/contract reporting, audit schedules and documentation.
Work with auditors and appropriate cognizant/pass-through agencies to establish, negotiate and maintain compliant indirect-cost recovery and ensure allowable indirect costs are incorporated into bids and renewals wherever permitted.
Maintain systems supporting CARF expansion and applicable behavioral health, healthcare services, housing, workforce, refugee, reentry and other regulatory standards.
Partner with the CEO to build a diversified revenue engine encompassing Medi-Cal/CalAIM reimbursement, specialized housing and room-and-board, commercial/community facility leasing, social enterprise and other mission-aligned earned income.
Develop financial models and unit economics for each enterprise: full cost, utilization/break-even, contribution margin, cash requirements, risk and scalability.
Support corporate sponsorship, philanthropy, employer giving, planned/estate giving and other flexible revenue strategies in partnership with the CEO, Board and development/partnership leaders.
Support the LFCD Care Market and product-recovery/reverse-logistics strategy by developing appropriate financial controls, inventory/value methodologies and impact reporting while preserving the program's community-benefit mission.
Lead accounting, budgeting, forecasting, treasury, financial reporting, tax/compliance, procurement controls and audit preparation.
Create a reliable monthly close and management-reporting calendar with reconciliations, variance analysis and executive dashboards.
Maintain robust policies, SOPs, approval authorities, internal controls and backup responsibilities so financial operations do not depend on a single individual.
Oversee financial systems and technology improvements that reduce manual work, strengthen data integrity and support scale.
Lead, coach and develop LFCD's finance/accounting team while building succession, cross-training and professional growth pathways.
Partner with HR, operations and organizational development to improve financial literacy among directors and managers through classroom learning, job shadowing, on-the-job training, virtual learning, written procedures and appropriate professional certifications.
Build systems that work for a highly diverse workforce and board leaders with varied educational and professional backgrounds, recognizing demonstrated competency as well as formal credentials and university education backgrounds.
Translate financial concepts into practical operating decisions for non-financial leaders and create accountability without creating unnecessary bureaucracy.