Fractional CFO
STAN E. POTOCKI · Lubbock, TX · 2 days ago
FinanceFull-time
Job Overview
We are seeking an experienced Fractional Chief Financial Officer (CFO) to support nonprofit organizations with high-level financial leadership, strategic insight, and nonprofit accounting practices. This position plays a key role in the Thrive Nonprofit Partners Client Services Team.
Key Responsibilities
- Understand the mission and goals of our clients in order to provide strategic financial leadership.
- Establish authentic and meaningful relationships with the Senior/Executive Pastor, Director, Board, and leadership team centered on trust, honesty and expertise.
- Prepare financial analysis/dashboards to lead discussions with clients that enable them to make data-driven decisions for weeks, months, and years in advance. Examples include cash flow models, financial statement projections, funding models, scenario planning, etc.
- Maintain clear communication of progress and deliverables using tools for project tracking to ensure alignment with client expectations and processes.
- Assess and optimize financial systems, workflows, and technology to increase efficiency and strengthen internal controls.
- Collaborate with and provide guidance to internal finance teams or outsourced bookkeeping providers to improve accounting and processes.
- Evaluate and recommend best practices in financial reporting, cash management, and internal control procedures.
- Strengthen nonprofit accounting practices in accordance with GAAP and regulatory requirements.
- Ensure proper accounting, grant management, and restricted/unrestricted fund tracking.
- Support clients in budget preparation, audit preparation and year end close through collaboration with finance teams.
Qualifications
- Bachelor’s degree in finance, accounting, or related field.
- Experience in controller, CFO, Fractional CFO or similar consultant work.
- Aligned values with the clients we serve in the nonprofit sector, mainly churches and ministries.
- Proficiency in financial software (e.g., Blackbaud, QuickBooks, Excel) and the ability to learn new tools.
- Demonstrated ability to quickly learn and leverage new software (and AI-assisted tools) to improve efficiency to deliver high-quality client service.
- Excellence in communication and building trusted relationships.
Preferred Skills
- Experience working in or with nonprofit organizations.
- Having a CPA or CMA designation is a plus but not required.
- Familiarity with financial compliance and reporting standards for nonprofits.
- Alignment with our Leadership Principles: Make It Happen, Say It Simple, Trust is Glue, Courage to Speak Truth, Faith-Filled Follow-Through, and Humble Learners.