Fractional Chief Financial Officer

Confidential • Part-time • Brooklyn, New York State, United States • $80 - $120 / hour • 3m ago

Job Overview
We are seeking an energetic and strategic Fractional Chief Financial Officer (CFO) to lead financial planning, analysis, and management for dynamic organizations on a part-time basis. This role offers an exciting opportunity to shape financial strategies, oversee accounting operations, and drive fiscal health across diverse sectors, including non-profit and corporate environments. As a key member of the leadership team, the fractional CFO will deliver expert financial insights, ensure regulatory compliance, and foster sustainable growth through innovative financial management practices. The ideal candidate will bring a proactive approach, strong leadership skills, and a comprehensive understanding of complex financial concepts to support organizational success.

Position Overview

Reporting to the President & CEO, the Fractional Chief Financial Officer will function as the financial operational leader and thought partner for all financial matters. Providing assessment, mentorship, to full time team members and ensuring daily operational matters are addressed to support CPNYC five-year growth plan which includes year end reporting, financial planning, budgeting and forecasting for organizational development plans.

Responsibilities

Financial Management & Administrative Management

Create and ensure creation meets standard for approval and finalization regarding, monthly and annual financial reporting materials and metrics for board of directors.
Ensure operational effectiveness in the creation and monitoring of annual budget, including monitoring progress and presenting operational metrics both internally and externally and mentoring internal team members to function accordingly.
Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
Conduct the preparation and approval of all financial reporting materials and metrics for funding organizations and board of directors; prepare and communicate monthly and annual financial statements.
Manage and support the professional growth of one full-time Finance Director, including support and oversight related to their responsibilities related to audit activities.
Hire and retain support staff as needed in the future.
Ensure that finance staff maintain financial record systems in accordance with Generally Accepted Accounting Principles and monitor the use of all funds.
Interface with the President & CEO, Finance Director, and Program Directors to facilitate cross-department collaboration that ensures all financial, IT, and HR solutions positively support evolving strategy, operational delivery, and data collection needs.
Evaluate and collaborate with the Chief People Officer and HR team members to support all benefits negotiations, thus providing the most competitive packages for employees.
Review all formal finance-, HR-, and IT-related procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward.
Manage updates to existing fiscal manual.

Strategy

Partner with the president on all operational and strategic issues as they arise; provide strategic recommendations to the president based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
Engage the Director of Development to align financial management with short- and long-term financial planning and projections.
Engage the board finance committee around issues, trends, and changes in the operating model and operational delivery.

Supervision Received

This role reports to President & CEO

Supervision Exercised

Manage and support the professional growth of one full-time Finance Director
Hire and retain support staff as needed in the future.

Required Knowledge, Skills, and Experience

5-7 years of experience in nonprofit financial management with an organization that has a diversity of different funding sources (e.g. government grants and contracts, foundation and corporate grants)
Bachelor’s degree (MA/MBA preferred) in Business, Nonprofit Management, and/or Finance
Demonstrated experience in financial management and accounting, ideally in the nonprofit sector
Experience with strategic growth projects and working to completion

Job Type: Part-time

Pay: $80.00 - $120.00 per hour

Expected hours: No less than 15 per week

Work Location: Hybrid remote in Brooklyn, NY 11216