Description
Chief Financial Officer
Falcons Landing, Potomac Falls, Virginia
Jeff Harris and Associates is proud to have been retained by Falcons Landing to conduct an executive search for a Chief Financial Officer.
Falcons Landing seeks an accomplished, mission-driven senior living leader to serve as Chief Financial Officer for its distinguished Life Plan Community in Potomac Falls, Virginia. This is an opportunity to join a highly regarded, not-for-profit, CARF-accredited community with a strong history, exceptional amenities, a full continuum of care, and a deeply engaged resident population.
Founded through the vision of retired officers who wanted to create a premier retirement community in the Washington, D.C. region, Falcons Landing has evolved into a vibrant senior living community known for hospitality, service, wellness, connection, and high-quality care. While the community has historic roots serving military officers, government leaders, and their families, Falcons Landing now communicates that Independent Living is open to everyone, while its health services are also open to the broader community.
The successful candidate will join an organization with a strong reputation, attractive campus, robust resident life, extensive health services, and a culture built around friendship, shared values, and service.
Falcons Landing describes itself as an employer offering a caring and supportive work environment. The organization has been recognized by LeadingAge Virginia for workplace excellence.
Position Summary
The Chief Financial Officer serves as a key member of the Falcons Landing senior leadership team, responsible for directing the organization’s financial planning, accounting, reporting, internal controls, financing compliance, investment oversight, payroll administration, insurance oversight, technology/IT oversight during transition, and long-range financial strategy.
This role requires a balanced leader who can be tactical and hands-on at the outset—strengthening financial systems, processes, reporting cadence, budget ownership, internal controls, department-level financial discipline, and finance team structure—while also growing into a highly strategic partner to the President/CEO and leadership team in long-range planning, capital financing, and organizational decision-making.
The CFO must serve as a translator of complex financial information, helping residents, department leaders, the Board, the Finance and Audit Committee, and the leadership team understand Falcons Landing’s financial position, risks, opportunities, and long-term outlook. The successful candidate must combine strong technical and financial expertise with exceptional communication skills, sound judgment, transparency, responsiveness, and the ability to build trust with an active Board and engaged resident population.
Key Leadership Priorities
- Establish, refine, and sustain strong financial systems, processes, controls, reporting tools, and budget disciplines that support accurate, timely, and transparent decision-making.
- Serve as a close financial partner to the President/CEO and leadership team, balancing immediate tactical execution with long-range strategic planning.
- Build credibility and trust through clear communication with residents, the Board, Finance and Audit Committee, department leaders, auditors, financing partners, and external advisors.
- Create consistent, readable, and actionable financial reporting packages that include trends, benchmarks, dashboards, variance explanations, and visual tools where appropriate.
- Develop and maintain a regular cadence of resident financial communication, reporting, and education around the Life Plan Community/CCRC financial model.
- Lead trustee reporting, financial repository reporting, bond covenant compliance, financing document compliance, and related reporting obligations.
- Serve as the key financial point of contact with external financing, audit, accounting, actuarial, investment, insurance, and construction-related financial advisors.
- Participate as a resident-facing senior leader through monthly town hall meetings, resident council committee meetings, and other community forums as appropriate.
- Provide transitional oversight of technology/IT responsibilities in partnership with third-party providers and internal leadership, with the expectation that technology leadership may be separated over time as organizational needs evolve.
Supervisory Responsibilities
The CFO directly supervises assigned finance and accounting staff and oversees key finance functions, including accounting, financial reporting, payroll processing, accounts payable, accounts receivable, billing, financial systems, audit coordination, and related administrative processes. Current team structure should be confirmed and may include Controller, Senior Accountant, AP, AR, payroll, billing, and related roles. The CFO carries out supervisory responsibilities in accordance with Falcons Landing policies and applicable laws, including hiring, training, planning, assigning and directing work, appraising performance, rewarding and disciplining employees, addressing complaints, and resolving problems.
