Chief Financial Officer

Council of Large Public Housing Authorities
Toledo, OH
Job Title

Chief Financial Officer

Organization

Lucas Metropolitan Housing

Salary Range

$125,000-135,000

Summary

Full Job Description:

The primary purpose of this position is to direct all financial and accounting operations and internal and external audits for LMH. This position reports to the President and CEO and will assist in advancing the mission of LMH by providing leadership in the development and implementation of the Agency’s goals, policies and strategic initiatives and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. The CFO is responsible for ensuring compliance with all applicable federal financial regulations and effective internal controls over compliance with major federal programs.

All activities must support the Lucas Metropolitan Housing (“LMH or Agency”) mission, strategic goals, and objectives.

Essential Duties And Responsibilities

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

  • Prepares financial budgets, reports, and spending forecasts for approval by the President and Chief Executive Officer and Board of Commissioners and analyzes income, expenditures, cash position and investments for LMH (and its affiliates and instrumentalities) to assure compliance with approved budgets, financial procedures and funding priorities. Establishes and maintains internal controls to appropriately safeguard the Agency's funds.
  • Oversees the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organization and contract/grant budgets. Supervises the preparation and submission of the annual operating budget and other necessary financial reports, records, and information to the LMH President and CEO.
  • Provides regular reports on the financial condition of LMH to the President and Chief Executive Officer, the LMH Board and LMH affiliates and instrumentalities; responds to Board inquiries on financial matters; and ensures reporting deadlines are met to HUD, State, and local governmental entities; recommends changes, modifications and updates to LMH financial policies and procedures as needed.
  • Monitors and tracks banking activities and financial performance of LMH and its affiliates and instrumentalities by evaluating and examining results; initiating corrective actions; minimizing the impact of variances. Serves as point of contact for banking administration, HUD related financial matters and auditors.
  • Monitors and tracks spending of grant funds to ensure compliance with grant terms and conditions and ensures effective internal controls are in place to meet GAAP and applicable governmental requirements for financial reporting.
  • Manages the work of staff including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training, acting on employee problems, and recommending and implementing discipline.
  • Develops and maintains financial policies and procedures for LMHA programs such as its low rent housing, Housing Choice Voucher, Homeownership, Family Self-Sufficiency, Shelter Plus Care Program, Market, Non-Federal, Real Estate, and other LMHA managed programs. Assists in the development of Agency policies and procedures implementing federal, state, and local directives and statutes and other Agency programs.
  • Directs LMHA on compliance with state and federal procurement policies; monitors all contracts and small purchases for compliance; approves all purchases exceeding threshold amount; designs, implements, manages, and monitors procurement reporting systems to meet Agency and HUD requirements.
  • Provides reports to Senior Managers when documentation is required for timely payment to vendors. Ensures payroll for employees is processed in a timely manner. Ensures W-2 and1099 reports are provided to employees, vendors and IRS as required.
  • Performs monthly budget reviews and reports to Senior Managers and their designated staffers.
  • Coordinates compliance and financial reviews and audits; serves as primary contact with auditors by providing required information, coordinating documentation needed from other staff, reviewing draft and final audited financial statements and reports, and transmitting reports to all authoritative agencies.
  • Ensures HUD Performance Standards and reporting requirements are maintained or improved to high performance levels.
  • Assists with the preparation, review, analysis, and transmittal of PHAS information throughout the year and at the end of the fiscal year.
  • Meets all job safety requirements and all applicable OSHA/PERRP safety standards that pertain to essential functions and maintains licenses and certifications as required.
  • Performs other duties as assigned

Education And/or Experience

Master’s degree in business administration, accounting, finance, or related field and a minimum of seven (7) years of experience in governmental financial management, with a minimum of three (3) years in a managerial/director capacity. CPA preferred. Knowledge of Public Housing, Section 8/Housing Choice Voucher Program, compliance with Government Auditing Standards, Low Income Housing Tax Credits, Bond Financing, Capital Fund and Mixed-Finance Development Public Housing, RAD and other affordable housing programs preferred. An equivalent combination of education and experience may be considered. Must possess a valid Ohio or Michigan driver’s license (or obtain one within one year) and be insurable under the Agency’s plan.

To Apply

The salary for the position is $125,000-$135,000 (depending on qualifications and experience). LMH is an equal opportunity employer. Please email a one-page cover letter, a two-page resume, a listing of three professional references, and salary expectations to both Stan Quy, President / Principal of The Organizational Leadership Edge at [email protected] (link sends e-mail) and Jessica Quy, TOLE Administrative Assistant at [email protected] (link sends e-mail). The deadline for applications is Wednesday, September 10, 2025 , by 5:00PM Central Time. The agency reserves the right to consider the hiring of a highly qualified candidate prior to the application deadline.

Date Posted

Monday, August 25, 2025

Application Deadline

Monday, December 1, 2025

Posting Expiration Date

Friday, October 24, 2025

Job Location Details:

Toledo, Ohio

Job Posting Validation

Housing

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Posted 2026-02-18

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