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Fractional Chief Financial Officer - Nonprofit Focus (Open to Full and Part-Time) | Client Advisory Services | Albany, NY

CEFO Advisors is a growing advisory firm built on strong relationships, practical thinking, and a high standard of client service. For over 13 years, we've supported organizations across the region by providing steady, experienced financial leadership when they need it most.

Our team is made up of professionals who value organization, follow-through, and being dependable partners to both clients and each other. We take pride in creating an environment that is structured, supportive, and flexible.

CEFO Advisors is proud to be named a 2025 Best Place to Work by the Albany Business Review, reflecting our commitment to a supportive and team-focused environment.

Position Overview

As a fractional CFO serving nonprofit organizations at CEFO Advisors, you will work with exciting mission-driven clients of varying sizes and complexity. You will manage client engagements and work directly with executive directors, finance committees, and boards to strengthen financial strategy, ensure compliance, and help organizations advance their missions with confidence. You will provide the forward-looking guidance leaders rely on to make informed, sustainable decisions.

You must be based within 60 miles of Saratoga Springs, NY and able to commute to our offices and client sites as needed.

Job Responsibilities

• Review financial information and prepare client dashboards
• Provide regular strategic advice to executive directors and their leadership teams
• Review existing systems and recommend best practices to gain efficiency
• Manage internal and external accounting staff
• Prepare and/or review budgets, forecasts, and projection models
• Develop and maintain long-range financial plans and cash flow strategies
• Participate in client leadership, board, and finance committee meetings
• Develop banking relationships and support financing and lending needs
• Identify and correct existing client pain points
• Work hand in hand with clients to develop future strategic plans and milestones to success
• Prepare and analyze client assessment reports and manage implementation projects

Nonprofit-Specific Responsibilities

• Provide CFO-level oversight of fund accounting, including restricted vs. unrestricted funds
• Guide grant strategy, budgeting, compliance, and funder reporting across multiple funding streams
• Prepare board-ready financial packages and present financials to boards and finance committees
• Advise on cost allocation, reserve planning, and long-term financial sustainability
• Support audit readiness and coordinate with auditors and third-party CPA firms
• Ensure adherence to GAAP for nonprofit organizations and applicable regulatory requirements

Who You Are

• You are a strategic thinker who brings clarity and confidence to complex financial decisions
• You are driven by a genuine passion for helping mission-driven organizations succeed
• Organized is your middle name, and you believe in solutions, not problems
• You are willing to travel to clients throughout the Capital District
• You understand the balance and integration of finance, operations, and strategy
• You are willing to participate in and contribute to company-wide initiatives that strengthen our team and firm
• You approach everything with a "can-do" mindset
• You are consummate professional, and you do the right thing, always m

Qualifications

• 15+ years of progressive experience in accounting and finance, culminating in CFO or executive-level financial leadership responsibility
• Minimum 5 years of experience working with nonprofit organizations
• Strong command of nonprofit GAAP, fund accounting, grant compliance, and board reporting
• Ability to coach, mentor, and lead accounting staff
• Advanced knowledge of Microsoft Excel required
• Experience with QuickBooks, Sage products, and similar ERP systems; ability to adapt quickly to various client systems
• Experience with new system implementation is a plus!
• CPA, MBA, or CMA a plus!
• Mix of public accounting and private/nonprofit experience preferred
• Exceptional interpersonal and client service skills
• Excellent written and verbal communication skills
• Confidentiality and promptness are of utmost importance
• Must be based within 60 miles of Albany, NY

Compensation and Benefits

• Competitive compensation, commensurate with experience
• Generous incentive program and annual bonuses based on company performance
• Paid time off, including your birthday
• 401(k) with company match
• Health, vision, and dental insurance
• Hybrid work environment
• Supportive and collaborative team culture

CEFO Advisors is an Equal Opportunity Employer. We are committed to providing equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local law.

This position requires the completion of a background check due to state and federal compliance requirements.