Chief Financial Officer

Possibility Labs; United States; Remote; USD 180,000 - 280,000; Full time

Job summary

Possibility Labs in the United States is seeking a Chief Financial Officer to provide strategic financial leadership, oversee accounting, compliance, and grant management, and partner with the CEO and Collective Leadership Team.

You will drive timely financial reporting, manage budgeting processes, supervise the Finance and Compliance Team and external consultants, and ensure alignment with IRS rules and funder grant agreements.

Responsibilities

• Lead finance and compliance efforts across the organization.
• Oversee accounting, tax filings and external consultants.
• Drive timely financial reporting and annual budgeting with leadership.
• Ensure grantmaking processes and policies comply with IRS rules and funder agreements.
• Provide financial information for grant proposals and reports.
• Supervise the Finance and Compliance Team and report to the CEO.

Job description

The Chief Financial Officer (CFO) at Possibility Labs (PL) plays a pivotal role in driving financial oversight, ensuring grant and grantmaking compliance, delivering against the organization’s mission and strategic vision, and fostering a culture of accountability and collaboration. With a primary focus on financial oversight, they lead finance and compliance efforts, ensuring adherence to all applicable laws, regulations, and standards. Spearheading PL's accounting policies and processes, they facilitate timely financial reporting and lead the annual budgeting process in collaboration with the Collective Leadership Team. Managing all accounting functions and consultants, including outsourced teams, they maintain accurate books, reports, and tax filings. The CFO ensures that all Possibility Labs grantmaking processes and policies adhere to IRS regulations and that both we and our partners consistently maintain compliance with funder grant agreements. Additionally, the CFO oversees the provision of financial information for grant proposals and reports. This role oversees the Finance and Compliance Team, is a member of the Collective Leadership Team, and reports to the CEO.