Professional Summary
Professional Overview
Howard Lorch is an experienced finance executive with over 25 years of expertise in the nonprofit sector. As the Chief Financial Officer (CFO) of OHEL Children's Home and Family Services, he oversees all financial operations and strategic decision-making for this leading human services organization.
Current Role
In his role as CFO, Mr. Lorch is responsible for managing the organization's financial reporting, budgeting, and risk management processes. He plays a key strategic advisory role, providing critical financial analysis and counsel to the executive leadership team. Under his financial stewardship, OHEL has maintained a strong financial position and navigated complex regulatory and compliance requirements within the nonprofit industry.
Career Progression
Prior to joining OHEL, Mr. Lorch held the position of Partner at Deloitte, where he specialized in audit and advisory services for clients in the nonprofit and healthcare sectors. His extensive experience in public accounting and financial management has equipped him with a deep understanding of the operational and financial challenges facing nonprofit organizations.
Academic Background
Mr. Lorch holds an MBA in Finance, Accounting, and Marketing from the prestigious Columbia University Graduate School of Business. He also earned a Bachelor of Arts degree in Business/Managerial Economics from Yeshiva University.
Areas of Expertise
- Nonprofit financial management and reporting
- Budgeting, forecasting, and cash flow analysis
- Risk management and internal controls
- Regulatory compliance and audit oversight
- Strategic financial planning and decision-making
- Nonprofit industry best practices and trends
Professional Impact
Under Mr. Lorch's financial leadership, OHEL has achieved significant milestones, including the successful implementation of a new enterprise resource planning (ERP) system, the optimization of the organization's procurement and accounts payable processes, and the development of a comprehensive multi-year financial plan to support the organization's strategic growth initiatives.
Conclusion
With his extensive experience, deep industry knowledge, and strategic financial acumen, Howard Lorch is a valuable asset to OHEL Children's Home and Family Services. His commitment to driving financial excellence and supporting the organization's mission has been instrumental in OHEL's continued success and impact within the nonprofit sector.