Chief Financial Officer (CFO)

Commission On Economic Opportunity

$125K — $150K *
Troy, NY 12180In-Person
Education, Government & Non-Profit
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, Finance, Business Administration, or a related field required.
  • CPA, CMA, MBA, or relevant professional certification preferred.
  • 10+ years of nonprofit fiscal management experience, including leadership roles like Finance Director or CFO.
  • Proven expertise in developing and managing complex operating and grant budgets.
  • Experience with federal and state grant reimbursement requests and financial reporting.
  • Strong knowledge of nonprofit fund accounting, GAAP, and grant management regulations.
  • Advanced proficiency in Microsoft Excel and familiarity with nonprofit accounting software.

Responsibilities

  • Partner with CEO and Senior Leadership Team for strategic financial leadership.
  • Lead the development and monitoring of agency-wide budgets.
  • Prepare financial forecasts and analyses to guide executive decision-making.
  • Submit grant reimbursement requests and manage fiscal documentation.
  • Monitor grant expenditures for compliance with agreements and regulations.
  • Collaborate with program leaders on grant budgets and funding strategies.
  • Develop and maintain financial policies that ensure integrity and compliance.

Benefits

  • 35-hour work week with a Monday-Friday onsite schedule.
  • Higher starting salary available for candidates with extensive relevant experience.
  • Casual dress code promotes a relaxed work environment.
  • Comprehensive healthcare, dental, and vision insurance offered.
  • Flexible Spending Accounts and Dependent Care options available.
  • $3,000 cash payment for waiving health insurance.
  • Telemedicine services for employee convenience.
  • Employee Assistance Program (EAP) for personal support.
  • Optional 403(b) retirement plan available.
  • 12 paid holidays and generous PTO and sick leave.
  • Employer-sponsored pension plan starting at 5% of salary.
  • Eligibility for Federal Public Service Loan Forgiveness Program.
  • Sign-on bonus for candidates with significant relevant experience.
Full Job Description
Job Description:

Position Summary:

The CFO works closely with the Chief Executive Officer (CEO), Controller, and Senior Leadership Team, this position develops agency-wide and grant budgets, prepares financial projections, oversees federal and state grant reimbursement requests and vouchers, and ensures compliance with Generally Accepted Accounting Principles (GAAP), Uniform Guidance (2 CFR Part 200), and applicable funding source requirements. The CFO is a hands-on leader who balances strategic financial oversight with direct responsibility for key fiscal functions while fostering a culture of accountability, collaboration, and continuous improvement.

Responsibilities include but are not limited to:
  • Partner with the Chief Executive Officer (CEO) and Senior Leadership Team to provide strategic financial leadership and guidance.
  • Lead the development, implementation, and monitoring of agency-wide operating, grant, and capital budgets.
  • Prepare financial forecasts, cash flow projections, variance analyses, and other financial reports to support executive decision-making and long-term planning.
  • Prepare, review, and submit grant reimbursement requests, vouchers, financial reports, and other fiscal documentation for federal, state, and local funding sources.
  • Monitor grant expenditures to ensure costs are properly allocated, adequately documented, and compliant with grant agreements, Uniform Guidance, agency policies, and applicable regulations.
  • Collaborate with program leadership to develop grant budgets, budget modifications, financial projections, and funding strategies throughout the grant cycle.
  • Develop, implement, and maintain sound financial policies, procedures, and internal controls that promote fiscal integrity and regulatory compliance.
  • Provide leadership and oversight of the Finance Department while working collaboratively with the Controller to ensure accurate and timely accounting operations.

Candidate Qualifications:
  • Bachelor's degree in accounting, Finance, Business Administration, or a related field required.
  • CPA, CMA, MBA, or other relevant professional certification preferred.
  • Minimum of 10 years of progressively responsible nonprofit fiscal management experience, including experience as a Finance Director, Controller, CFO, or similar leadership role.
  • Demonstrated experience developing and managing complex operating and grant budgets, financial forecasting, and cash flow analysis.
  • Experience preparing and managing grant reimbursement requests, vouchers, and financial reporting for federal and state funding sources.
  • Thorough knowledge of nonprofit fund accounting, Generally Accepted Accounting Principles (GAAP), Uniform Guidance (2 CFR Part 200), grants management, cost allocation, and internal controls.
  • Experience supporting independent audits, financial monitoring reviews, and regulatory reporting requirements.
  • Strong leadership, organizational, analytical, and problem-solving skills.
  • Excellent communication and interpersonal skills with the ability to collaborate effectively with executive leadership, program staff, auditors, funding agencies, and the Board of Directors.
  • Advanced proficiency with Microsoft Excel, including formulas, pivot tables, financial analysis, and reporting tools.
  • Experience with nonprofit accounting software and financial reporting systems preferred.
  • Prior experience working for a Community Action Agency or other federally funded nonprofit organization is highly desirable.

Other Benefits Include:
  • Monday-Friday onsite schedule - 35 hours per week
  • Opportunity to offer a higher starting salary for candidates with extensive Community Action Agency and federal grants management experience
  • Casual dress code
  • Healthcare, dental, and vision Insurance
  • Flexible Spending Accounts (FSA) and Dependent Care available
  • Cash payment of $3K for waiving health insurance (full-time employee)
  • Telemedicine
  • Employee Assistance Program (EAP)
  • Optional 403(b) Retirement Plan
  • 12 paid holidays annually
  • PTO and sick Leave
  • Employer-sponsored pension plan starting at 5% of salary once eligible.
  • Eligibility for the Federal Public Service Loan Forgiveness Program

**Sign on bonus available for candidates with extensive Community Action Agency and federal grants management experience**

Please note: applicants for this position will be required to complete standard background clearances.

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