Michael McCaffrey

  • Chief Financial Officer

Mike has over 30 years of experience developing, implementing, and managing finance and operational functions in both the financial services and non-profit industries.  As a member of the senior leadership team reporting to the CEO, he will be responsible for leading and managing the day-to-day finance and accounting operations, internal controls, developing annual budgets, evaluating financial performance, and improving overall financial efficiency.  Additionally, the CFO will actively participate in strategic planning and implementation of long-term objectives and working closely with the Board of Directors on all financial related matters.

Prior to joining Families in Transition, Mike was employed by the Planning Office for Urban Affairs in Boston where his responsibilities included financial planning and analysis, overall management of financial controls, treasury services, property and corporate audit and tax filings, and budget development and management. Prior to joining the Planning Office, Mike was employed by CliftonLarsonAllen (CLA), a public accounting firm, as a CFO in their managed outsource division. While there, he provided interim CFO services to a variety of nonprofit and for-profit organizations in multiple states, including community action agencies and their regulatory bodies, MGL chapter 766 approved private schools and affiliated entities, charter schools and foundations, numerous community development corporations, a low-income neighborhood housing service provider, a healthcare provider, and an arts and humanities organization. Mike’s accomplishments in these positions include developing and finalizing fiscal year budgets and cash flows; development, implementation, and overall management of accounting functions; year-end audit preparation, management and completion; reconciliations of merged entities into a parent organization’s balance sheet; financial and operational reviews and an ERP implementation.

Prior to CLA, Mike worked as a regional CFO for the American National Red Cross. While there, his responsibilities included development, implementation and management of financial controls, treasury and audit services, development of an A-133 audit program, financial planning and analysis, budget development and management, facilities management of operational, disaster preparedness and medial training and testing locations, and management of the IT function. Prior to joining the American National Red Cross, Mike’s positions included CFO for Mercantile Bank and Mercantile Capital Corporation, Vice President IT and Strategic Planning for People’s Savings Bank and Assistant Treasurer and Comptroller for Beverly Cooperative Bank.

Mike enjoys an outdoor and active lifestyle that includes hiking, camping, softball, golf and yoga as well as many other activities.  He enjoys spending as much time as possible with his children, grandchildren, and friends.

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