Chief Financial Officer

CFS; Groton (CT); Hybrid; USD 150,000 - 170,000; Full time

Job summary

CFS is seeking a Chief Financial Officer (CFO) in Groton, CT with flexible work-from-home options. The role offers $150,000–$170,000 annually and requires a seasoned nonprofit financial leader to guide strategy, budgeting, audits, and compliance.

You will partner with the CEO and Board to sustain growth, efficiency, and transparency. The CFO will oversee all accounting and finance functions, including grant accounting and 990 filings, while implementing robust internal controls and strategic

Qualifications

• Bachelor's degree in Accounting, Finance, or related field is required.
• CPA and/or MBA strongly preferred.
• 10+ years of progressive accounting and finance experience.
• Nonprofit accounting experience and Form 990 familiarity highly valued.

Responsibilities

• Provide strategic financial leadership and oversee all accounting and finance operations.
• Develop and execute financial strategies supporting the mission and long-term objectives.
• Oversee monthly, quarterly, and annual financial statements and management reports.
• Lead budgeting, forecasting, and long-range financial planning processes.
• Monitor cash flow, liquidity, investments, and overall performance.
• Present results and strategic recommendations to the President/CEO and Board.
• Oversee grant accounting, restricted funds, government funding, and compliance.
• Ensure GAAP and nonprofit accounting standards compliance.
• Manage relationships with external auditors and financial partners.
• Lead audits, tax filings, and Form 990 preparation.
• Establish internal controls and financial policies.

Skills

Strategic financial leadership

GAAP knowledge

Regulatory compliance

Education

Bachelor's degree in Accounting, Finance, or related field

CPA and/or MBA

Job description

Chief Financial Officer (CFO)

Groton, CT (flex to work from home)

$150,000 - $170,000

We are partnering with a well-established nonprofit organization to identify a Chief Financial Officer (CFO) to lead its financial operations and provide strategic financial guidance to the executive leadership team. This is an excellent opportunity to join a mission-driven organization and play a critical role in supporting its long-term financial health, sustainability, and continued growth.

The CFO will oversee all financial functions of the organization, including accounting, financial planning, budgeting, forecasting, and financial reporting. This individual will serve as a key strategic partner to the President/CEO and Board of Directors, ensuring strong financial management, operational efficiency, and responsible stewardship of organizational resources.

Highlights Of This CFO Role

• Opportunity to join a mission-driven organization that does meaningful work and makes a positive impact in its community.
• Highly visible leadership position reporting directly to the President/CEO.
• Impactful role with the ability to drive change, implement improvements, and enhance processes across the organization.
• Strong team already in place, with a history of low turnover within the accounting department.
• Organization's finances are in excellent shape, providing an opportunity for a smooth transition and a strong foundation for success.

Responsibilities For This CFO Role

• Provide strategic financial leadership and oversee all accounting and finance operations.
• Develop and execute financial strategies that support the organization's mission and long-term objectives.
• Oversee the preparation of monthly, quarterly, and annual financial statements and management reports.
• Lead the annual budgeting, forecasting, and long-term financial planning processes.
• Monitor cash flow, liquidity, investments, and overall financial performance.
• Present financial results, forecasts, and strategic recommendations to the President/CEO, executive leadership team, and Board of Directors.
• Oversee grant accounting, restricted funds, government funding, and compliance with grant requirements.
• Ensure compliance with GAAP, nonprofit accounting standards, and applicable regulatory requirements.
• Manage relationships with external auditors, banking partners, investment advisors, and other financial institutions.
• Lead annual audits, tax filings, and Form 990 preparation.
• Establish and maintain strong internal controls, financial policies, and procedures.
• Evaluate financial risks and identify opportunities to improve operational efficiency.
• Oversee the development and management of the finance and accounting team.
• Partner with department leaders to evaluate financial performance, manage budgets, and support organizational decision-making.
• Provide financial insight and guidance on strategic initiatives, organizational growth, and resource allocation.

Qualifications For This CFO Position

• Bachelor's degree in Accounting, Finance, or a related field required.
• CPA and/or MBA strongly preferred.
• 10+ years of progressive accounting and finance experience.
• Previous experience in a CFO, VP of Finance, or senior finance leadership role.
• Nonprofit accounting experience strongly preferred.
• Strong understanding of nonprofit GAAP, fund accounting, restricted contributions, and grant accounting.
• Experience overseeing budgeting, forecasting, cash flow management, and financial reporting.
• Familiarity with nonprofit audits, Form 990, and regulatory compliance requirements.
• Experience working with executive leadership and presenting financial information to a Board of Directors.
• Proven ability to lead, mentor, and develop a finance and accounting team.
• Strong analytical, strategic planning, communication, and leadership skills.
• Ability to balance high-level financial strategy with oversight of day-to-day financial operations.

Why Consider This CFO Opportunity?

This is an outstanding opportunity for an experienced finance executive to join a mission-driven nonprofit organization in a highly influential leadership role. The CFO will have the opportunity to shape the organization's financial future, work closely with executive leadership and the Board of Directors, and ensure the long-term financial sustainability of an organization making a meaningful difference in its community.

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