Fractional CFO

FRACTIONAL VP OF FINANCE

ABOUT PURSUIT

Pursuit is a social impact organization that creates transformation. For over a decade, we've propelled adults from low-income backgrounds, often without college degrees, into high-growth tech careers, generating nearly $1 billion in lifetime wage gains for our graduates. We've also pioneered the Pursuit Bond, an innovative outcomes-based financing model that aligns investor returns with long-term economic mobility. Now, as AI reshapes every industry, Pursuit is evolving into an AI-native organization — training AI-native talent, embedding AI into our operations, and building scalable software to extend our impact. We operate across a nonprofit (.org), a Public Benefit Corporation (PBC), and our Pursuit Bond vehicle.

THE OPPORTUNITY

Pursuit is seeking an experienced Fractional CFO to lead and stabilize our finance function on a part-time basis (20–25 hours per week). This is a high-impact, hands-on engagement for a senior finance leader who can hit the ground running — owning day-to-day financial operations, driving strategic planning, and serving as a trusted thought partner to our COO and executive team. This role is ideal for a seasoned finance executive who wants to apply their expertise to a mission-driven organization at a pivotal moment of growth and transformation.

KEY RESPONSIBILITIES

Financial Strategy & Planning

• Set annual and multi-year budgets, aligning financial goals with organizational priorities across the nonprofit, PBC, and Pursuit Bond
• Partner with the COO and executive team to provide financial insights that inform decisions on new programs, scaling operations, and capital allocation
• Develop innovative funding and operating models that blend philanthropy, earned revenue, and mission-aligned capital

Financial Operations & Compliance

• Run all financial operations, ensuring efficient management of budgets, cash flow, and compliance with regulatory requirements across both the 501(c)(3) and PBC entities
• Oversee AR/AP cycles, financial controls, and ensure accurate, timely financial reporting
• Ensure compliance with federal and state tax laws and nonprofit-specific regulatory requirements

Forecasting, Modeling & Cash Management

• Build and refine core financial models; run scenario planning and sensitivity analyses
• Manage rolling revenue and expense forecasts and liquidity oversight
• Maintain a reliable cash flow projection process that supports operational confidence

Reporting & Stakeholder Communication

• Build financial reporting cadences for internal leadership, the Board, and external funders
• Prepare and present financial materials for Board meetings and funder deliverables
• Drive revenue operations oversight, ensuring alignment between pipeline, projects, and collections

IDEAL CANDIDATE

• 10+ years of senior finance experience, with prior VP of Finance, CFO, or equivalent leadership
• Background in investment banking, FP&A, strategic finance, or capital markets strongly preferred
• Experience operating across nonprofit and/or for-profit hybrid structures a strong plus
• Proven ability to work independently, manage competing priorities, and deliver results in a lean environment
• Exceptional financial modeling and analytical skills
• Strong communicator who can translate complex financial data for non-finance stakeholders
• Prior fractional or consulting finance experience welcome
• Mission-driven: you care deeply about equity, economic mobility, and expanding opportunity for underrepresented communities

ENGAGEMENT DETAILS

• Type: Fractional / Part-Time Contract
• Hours: 20–25 hours per week
• Compensation: $100–$150 per hour, based on experience
• Reports to: COO
• Location: Hybrid preferred; Pursuit is based in Long Island City, NY