Interim Fractional CFO
Love146 Inc.
Full time
Business Management
United States
Hiring from: United States
VISION: The end of child trafficking and exploitation. Nothing less
MISSION: Love146 journeys alongside children impacted by trafficking today and prevents the
trafficking of children tomorrow
LOVE146’s COMMITMENT TO EQUITY: Our vision is the end of child trafficking, which compels us to
continually operate from a posture of learning and growing. Love146 seeks to enhance the
innovation and creativity, greater productivity, and employee satisfaction that derive from a
well-managed, equitable, and accessible workplace. To read our full statement, please visit
https://love146.org/about/#equity
OVERVIEW: We are seeking an experienced Interim Fractional Chief Financial Officer (CFO) at
50% for approximately 6-12 months to provide strategic financial leadership and oversight for
our nonprofit organization on a part-time basis. As interim CFO, you will collaborate closely
with the executive team to develop and implement financial strategies that align with Love146’s
mission, values, and strategies. You will be responsible for management of a team of three,
oversight of all aspects of financial planning, budgeting, forecasting, and reporting, while
ensuring compliance with relevant regulations and best practices in the nonprofit sector
Additionally, you will play a key role in advising on investment decisions, optimizing cash flow
management, and providing guidance on financial risk management. The ideal candidate will
possess strong financial acumen, excellent communication skills, and a demonstrated
commitment to advancing the mission of nonprofit organizations. This is an exciting
opportunity to make a meaningful impact and contribute to the long-term sustainability and
growth of Love146
REPORTS TO: Board of Directors/Treasurer; Co-leadership model with Chief Operating Officer and
Chief Programs and Strategy Officer
STATUS: Up to 20 Hours Weekly / or up to 80 Hours Monthly for a period of 6-12 months
COMPENSATION: Retainer of $6,500 - $8,500 monthly
LOCATION: Remote
ANTICIPATED START DATE: May 20, 2024, includes two week overlap with outgoing CFO now on
contract
JOB RESPONSIBILITIES
Organizational Leadership (30%)
The CFO will be a seasoned and mature leader with at least 10-12 years of broad finance
experience. They will ideally have experience managing finance (accounting, budgeting, control,
and reporting) for a complex nonprofit with multiple funding sources including government
(federal and state) contracts and an affiliate structure with diverse program areas delivered
nationally
The CFO will have the following experience and qualifications:
Love146 is an Affirmative Action Equal Opportunity employer
MISSION: Love146 journeys alongside children impacted by trafficking today and prevents the
trafficking of children tomorrow
LOVE146’s COMMITMENT TO EQUITY: Our vision is the end of child trafficking, which compels us to
continually operate from a posture of learning and growing. Love146 seeks to enhance the
innovation and creativity, greater productivity, and employee satisfaction that derive from a
well-managed, equitable, and accessible workplace. To read our full statement, please visit
https://love146.org/about/#equity
OVERVIEW: We are seeking an experienced Interim Fractional Chief Financial Officer (CFO) at
50% for approximately 6-12 months to provide strategic financial leadership and oversight for
our nonprofit organization on a part-time basis. As interim CFO, you will collaborate closely
with the executive team to develop and implement financial strategies that align with Love146’s
mission, values, and strategies. You will be responsible for management of a team of three,
oversight of all aspects of financial planning, budgeting, forecasting, and reporting, while
ensuring compliance with relevant regulations and best practices in the nonprofit sector
Additionally, you will play a key role in advising on investment decisions, optimizing cash flow
management, and providing guidance on financial risk management. The ideal candidate will
possess strong financial acumen, excellent communication skills, and a demonstrated
commitment to advancing the mission of nonprofit organizations. This is an exciting
opportunity to make a meaningful impact and contribute to the long-term sustainability and
growth of Love146
REPORTS TO: Board of Directors/Treasurer; Co-leadership model with Chief Operating Officer and
Chief Programs and Strategy Officer
STATUS: Up to 20 Hours Weekly / or up to 80 Hours Monthly for a period of 6-12 months
COMPENSATION: Retainer of $6,500 - $8,500 monthly
LOCATION: Remote
ANTICIPATED START DATE: May 20, 2024, includes two week overlap with outgoing CFO now on
contract
JOB RESPONSIBILITIES
Organizational Leadership (30%)
- Provide financial analysis and decision-making support for Executive Leadership and the Board of Directors
- Participate in weekly Executive Leadership meetings to discuss direction of the organization and present financial data
- Work closely with Executive Leadership to maintain, analyze, and interpret general ledger for all funds
- Participate in Board meetings for the organization
- Model ingenuity in leading the evaluation and development of cost-effective and efficient systems, processes, and contract relationships to maximize return on investment, staff success, and impact
- Directly manage and provide leadership to the Director of Finance, including setting clear objectives, conducting regular performance assessments, and fostering professional development to ensure effective financial management and adherence to organizational goals and values
- Lead the design and analysis of financial strategy and performance as it relates to managing against the annual budget and long-term goals while fostering organizational effectiveness and sustainability
- Responsible for financial oversight of grants and contracts, to include:
- Business plans, and new/expanded services;
- ensuring compliance with funder and contractor requirements;
- negotiating contracts and awards;
- forecasting expenditure.
- Oversee the timely and accurate development of the budgets for the organization as a whole, financial reports, and models that will assist the CEO, Executive Leadership Team, and Board in making informed program strategy, resource allocation, and investment decisions
- Assess opportunity areas within the organization’s financial health, systems, and processes, making recommendations for improvements where/if/as needed
- Oversee investment and cash management accounts, aiming to optimize returns on organizational investments and resources while adhering to government regulations; providing comprehensive updates on future investment plans and financial status to key stakeholders
- Manage the annual Negotiated Indirect Cost Rate Agreement (NICRA) renewal
The CFO will be a seasoned and mature leader with at least 10-12 years of broad finance
experience. They will ideally have experience managing finance (accounting, budgeting, control,
and reporting) for a complex nonprofit with multiple funding sources including government
(federal and state) contracts and an affiliate structure with diverse program areas delivered
nationally
The CFO will have the following experience and qualifications:
- A minimum of a BS; a CPA and/or MBA would be a plus
- At least five years’ experience in a senior financial-management role, partnering with executive staff
- Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting
- Proven ability to forecast financial models and control expenses while supporting organizational growth
- Deep knowledge and understanding of the Office of Management and Budget Circular A133 audit
- Experience with a broad array of financial and CRM systems (Salesforce, Sage, Google Suite preferred)
- Demonstrated leadership ability, team management, and interpersonal skills
- Data Analysis
- Decision Making, Decisiveness, Judgment
- Integrity
- Leadership
- Business Savvy
- Emotional Agility
- Executive Decorum
- Strategic
- Cultural Humility
- Critical Thinking
- Project Management
- Communication
- Time Management
- Tech savvy
Love146 is an Affirmative Action Equal Opportunity employer
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