Fractional CFO

Job Description

Duties and Responsibilities

Serve as the primary point of contact for assigned nonprofit clients, offering expert financial advice and guidance to support their organizational objectives

Conduct comprehensive financial assessments, analyzing budgets, cash flow, grant management, and financial statements to identify areas for improvement and efficiency

Collaborate with clients to develop comprehensive budgets and financial forecasts aligned with their long-term goals and objectives

Oversee and support the preparation and delivery of accurate, timely financial reports and presentations to key stakeholders, including finance committees and boards of directors

Provide insights and recommendations based on key financial metrics, industry trends, and nonprofit best practices

Ensure client compliance with all relevant financial regulations, reporting requirements, and funding sources (e.g. federal, state, and local government grants)

Assess and mitigate financial risks for clients by implementing effective strategies to safeguard their financial assets and investments

Serve as subject matter expert and advisor on all client-related accounting and financial matters, including, but not limited to, the Code of Federal Regulations, indirect cost rates, allocation methodologies, and accounting standard updates (ASUs)

Foster strong, collaborative relationships with key stakeholders at each client organization, serving as a trusted advisor and advocate

Address client concerns and ensure timely resolution of issues

Education and Experience Requirements

Bachelor's degree in accounting (Master's Degree preferred)

Certified Public Accountant (CPA) preferred

10+ years of experience in the nonprofit industry

10+ years of senior accounting experience (Director of Finance/Controller/CFO/Chief Accounting Officer)

Extensive federal and state grant administration/management experience

Advanced knowledge of industry-specific accounting software and advanced Excel skills

Proven ability to prioritize tasks and excellent interpersonal skills

Strong business acumen and ability to communicate effectively with key stakeholders and C-level executives

Experience in people management and leading high-performance teams, creating and implementing processes and efficiencies

Work experience in consulting and/or business process outsourcing (BPO)

Full-time