Nonprofit research center is seeking a Fractional Chief Financial Officer.
Hours/Schedule: About 5 hours per month, up to 10 hours per month in peak season (annual budget, year-end close, audit and tax filing periods)
Job Type: Part-time
Location Requirements: Remote withink DC or Boston areas
Rate: $100/hour
Work Environment & Culture
- The organization holds itself to three principles in everything it produces: accuracy, transparency and impact. This role makes sure its finances meet that same standard for the board, funders and auditors.
Job Description: Our client is seeking a fractional CFO to provide strategic financial leadership, board-level reporting and oversight of the accounting function. You will serve as the organization's officer-level finance lead, reporting to and working directly with the Executive Director, supported by a part-time bookkeeper who handles day-to-day transactions, and working closely with the Director of Operations. Its work is funded by foundation and corporate grants, event sponsorships and individual giving, with multiple restricted, project-based awards running at once.
Responsibilities
Monthly (about 5 hours)
- Review the bookkeeper's month-end close and reconciliations, and sign off on the books.
- Produce the monthly reporting package: budget vs. actuals by category and project, cash position and cash-flow outlook.
- Review grant and project budgets for accuracy against restricted funding terms.
- Meet with the Executive Director on spend, cash and emerging risks.
Peak season (up to 10 hours per month)
- Annual budget: build the coming year's budget and multi-year outlook, including scenario planning for funding changes.
- Board reporting: prepare the quarterly financial update for the board book and present to the board and finance committee as needed.
- Audit: serve as lead contact for the independent auditor and coordinate schedules and responses.
- Tax and compliance: oversee Form 990 / 990-PF preparation with outside accountants and support retirement plan filings (Form 5500).
Ongoing oversight
- Set financial policies, internal controls and approval workflows.
- Advise on cash and reserve management, including money market accounts.
- Support funder budgets, financial reports and due-diligence requests.
- Guide improvements to financial systems so project spend flows into budgets automatically.
Qualifications
- 10+ years in finance leadership, including CFO, controller or fractional CFO roles.
- Nonprofit finance expertise: fund accounting, restricted grants, Form 990 and single-entity audits.
- A track record of preparing board-ready financials and presenting them clearly to non-finance audiences.
- Experience leading independent audits from planning through final statements.
- Strength in budgeting, forecasting and scenario planning for grant-dependent organizations.
- Comfort overseeing a part-time bookkeeper and modernizing small-team finance systems.
- CPA or MBA in finance preferred.
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