Assistant Vice President (AVP) – CFOContinuServe is seeking a Chief Financial Officer to join our nonprofit team in a hybrid role based in Detroit, MI. This role combines strategic leadership with hands‑on financial management, providing clients with high‑level financial oversight, compliance assurance, and decision‑making support. This role will support clients in the nonprofit and economic development space.
As the primary liaison for our clients, you’ll shape and execute financial strategies that empower organizations to achieve their goals. If you’re passionate about nonprofit financial success and thrive in client‑facing leadership roles, this is your chance to make a meaningful impact.
Responsibilities
- Act as CFO for assigned nonprofit clients, serving as the primary financial leader and trusted advisor to executive teams and boards.
- Provide strategic financial planning, guidance, and insights to support organizational growth, sustainability, and mission alignment.
- Provide executive oversight of complex economic development financing structures, including New Markets Tax Credits (NMTC), tax credit transactions, public‑private financing arrangements, grants, loans, and other community development investment vehicles.
- Lead preparation and delivery of monthly/quarterly financial reports, including analysis of financial statements, budgets, forecasts, and cash flow.
- Present financial results and recommendations to executive leadership, finance committees, and boards of directors.
- Oversee compliance with nonprofit accounting standards (GAAP/ASC 958), federal cost principles, and funding regulations, including 2 CFR 200 Uniform Guidance and state‑level requirements
- Partner with client leadership to develop annual budgets, multi‑year forecasts, and scenario planning models.
- Assess financial risks and recommend mitigation strategies, including liquidity management, reserves planning, and investment policies.
- Lead and oversee annual audits, single audits, and grantor reviews, ensuring accurate, timely, and compliant submissions.
- Evaluate and recommend process improvements, internal controls, and technology solutions to enhance client efficiency.
- Provide advisory on technical accounting matters including ASC updates, allocation methodologies, and indirect cost rates.
- Build and sustain collaborative relationships with client executives, boards, funders, and other key stakeholders.
- Oversee finance and accounting teams (controllers, managers, analysts) assigned to client engagements.
- Ensure accuracy, timeliness, and quality of team deliverables in line with client contracts and service expectations.
- Provide mentoring, coaching, and career development support to direct reports.
- Manage staff performance, workload balance, and adherence to professional standards.