Strategic CFO for a University Foundation

ProSearch; Portland (ME); On-site; USD 125,000 - 150,000; Full time

Benefits offered by this job

Paid vacation 4 weeks

13 paid holidays

Paid parental leave

Health insurance

Retirement plan matching

Professional development support

Job summary

University of Southern Maine Foundation, based near Portland, ME, seeks a Chief Financial Officer (CFO) through ProSearch. The CFO will lead financial strategy, risk management, and organizational stewardship for a nonprofit foundation supporting the University of Southern Maine.

The role reports to the President & CEO, advising the Board and senior staff, managing internal controls, audits, and donor fund administration. This is a strategic, executive-level position.

Qualifications

• Ten or more years of progressively responsible leadership experience in nonprofit finance, higher education administration, healthcare administration, municipal finance, foundation management, or related.
• Experience serving on a senior leadership team and contributing to organization-wide strategy and decision-making.
• Experience presenting financial information and recommendations to governing boards, finance committees, executives, or other senior stakeholders.
• Experience supervising professional staff and fostering a positive, accountable workplace culture.

Responsibilities

• Develop and maintain multi-year financial forecasts, cash flow projections, and long-term financial models.
• Advises the President & CEO and the Board on financial strategy, sustainability, organizational risks, and opportunities.
• Identifies financial, operational, compliance, and reputational risks before they become organizational problems and develops proactive solutions.
• Monitors organizational performance and recommends adjustments to support strategic priorities and financial health.
• Oversees budgeting processes and financial planning activities.
• Oversees preparation of monthly, quarterly, and annual financial reports.
• Serves as primary liaison to the Board Treasurer and Finance Committee.
• Ensures donor intent is clearly documented, achievable, and aligned with policies.

Skills

Leadership

Strategic thinking

Donor relations

Board communication

Risk management

Stakeholder management

Education

Bachelor's degree in accounting, finance, business administration, public administration, nonprofit management, or related field

Job description

University of Southern Maine Foundation, based near Portland, ME, seeks a Chief Financial Officer (CFO) through ProSearch. The CFO will lead financial strategy, risk management, and organizational stewardship for a nonprofit foundation supporting the University of Southern Maine.

The role reports to the President & CEO, advising the Board and senior staff, managing internal controls, audits, and donor fund administration. This is a strategic, executive-level position.