Ms. Chaphekar is the chief financial officer for DHA, a role she assumed in 2010. She is responsible for the supervision of DHA’s finance, purchasing, and information technology departments. Ms. Chaphekar and her team have successfully managed the rigorous auditing process the agency is required to adhere to year after year without deficiencies.
During her time with DHA, Ms. Chaphekar has carried out new accounting and programmatic software, revised personnel policies, completed tax credit cost certifications, and implemented cash management processes to improve cash flow and controls. Prior to Ms. Chaphekar’s tenure with DHA as the chief financial officer, she started as a controller for the Houston Housing Authority, supervising the department from 1990 to 2005. Between 2005 and 2006, Ms. Chaphekar had the opportunity to serve as the chief financial officer for the Association of the Advancement for Mexican Americans. With AAMA, she achieved financial self-sufficiency for the agency with a turnaround of $1 million in the financial bottom line in less than 14 months. In 2006, she returned to the Houston Housing Authority as vice president of the Office of Fiscal & Business Administration—a position in which she was responsible for the Supervision of Finance, Information Technology, and Purchasing and Regulatory Compliance departments.
In addition to her housing experience, Ms. Chaphekar also serves on the board of directors for the Opportunity Rising Foundation. Her decision to join the agency’s educational foundation is a testament to her strengths as a leader with effective communication skills and her ability to work well on a diverse and productive team.
Ms. Chaphekar is a Certified Public Accountant and has a Bachelor of Commerce degree in Financial Accounting and Auditing from the University of Bombay. She earned a post-graduate Bachelor of General Law degree, also from the University of Bombay.