Our nonprofit client is seeking an experienced Interim Chief Financial Officer (CFO) to serve as the organization's senior financial leader during a critical phase of a large-scale capital construction project. This highly visible role will partner closely with executive leadership and the Board of Directors to provide strategic financial oversight, construction project financial management, cash flow planning, and organizational financial stewardship through project completion.
The ideal candidate will bring a strong combination of nonprofit finance leadership, capital project accounting, construction financial management, and board-level reporting experience.
Responsibilities
- Oversee all construction-related financial activities, including budget tracking, forecasting, and spend management.
- Monitor construction expenditures against approved budgets by line item and provide monthly variance analyses.
- Maintain cost-to-completion forecasts and identify potential budget overruns or financial risks.
- Track reimbursement obligations and cost-sharing arrangements with project stakeholders.
- Provide financial insights and recommendations to executive leadership and the Board regarding project performance.
- Develop and maintain vendor payment schedules aligned with project cash flow needs.
- Ensure accurate tracking and reporting of contractual financial commitments.
- Maintain and update a rolling 12-month cash flow forecast.
- Coordinate capital funding activities, including bridge financing and donor funding schedules.
- Manage banking relationships and monitor organizational liquidity.
- Identify and proactively communicate potential cash flow risks that could impact project timelines or operational objectives.
- Prepare monthly financial reporting packages for executive leadership and the Board of Directors.
- Report on cash position, project burn rate, construction spending, budget variances, and financial forecasts.
- Manage the organization's operating budget in collaboration with senior leadership.
- Coordinate monthly close activities with external accounting partners.
- Serve as the primary liaison for annual audits, tax filings, and financial compliance matters.
Qualifications
- Bachelor's degree in Accounting, Finance, or related field required
- 10+ years of progressive finance and accounting leadership experience, including CFO, Controller, or senior finance executive roles.
- Experience within nonprofit organizations strongly preferred.
- Demonstrated experience overseeing large-scale capital projects, construction accounting, or real estate development finances.
- Strong understanding of project budgeting, cost forecasting, cash flow management, and contract financial administration.
- Experience presenting financial information to Boards of Directors and executive leadership teams.
- Proven ability to manage external auditors, accounting firms, lenders, donors, and other key stakeholders.
- Advanced Excel and financial modeling skills.
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