Fractional CFO (Part Time)
Prospect Blue • Richmond, Virginia • Part Time
Posted on Thu, May 7, 2026
Job Description
ProspectBlue is seeking a mission-driven Fractional CFO to provide strategic financial leadership on a part-time basis. This role will serve as the primary financial liaison to the Board and Audit Committee while leading budgeting, forecasting, and long-term financial planning.The ideal candidate brings strong nonprofit financial expertise, a hands-on approach, and the ability to translate complex financial data into clear insights that support organizational impact and sustainability.Key Responsibilities:Lead long-term financial strategy, planning, and risk management in alignment with organizational goalsOversee annual budgeting, forecasting, and budget-to-actual analysisPrepare and present financial reports, dashboards, and projections to the Board and Finance/Audit CommitteesServe as primary liaison for external audits and ensure completion of IRS Form 990 and other regulatory filingsEnsure compliance with grant requirements, restricted funds, and donor reportingProvide oversight of accounting operations (AP/AR, payroll, benefits) through internal staff or external partnersStrengthen financial systems, controls, and processes to support growth and scalabilityPartner with executive leadership to align financial strategy with programmatic and fundraising prioritiesQualifications:Proven experience as a CFO or senior financial leader, preferably within a nonprofit organizationStrong expertise in budgeting, forecasting, financial modeling, and board reportingExperience working with Boards and Finance/Audit CommitteesKnowledge of nonprofit accounting, compliance, and grant funding requirementsStrategic thinker with a hands-on, collaborative approachExcellent communication skills with the ability to simplify complex financial conceptsWhy This Role:Flexible, fully remote (10–20 hours/week)High-impact role supporting mission-driven workDirect engagement with executive leadership and Board