Chief Financial and Operating Officer

Common Future•New York, NY

19d•Remote

About The Position

Common Future works to close the racial wealth gap by providing capital, operational support, and strategic partnership to initiatives addressing racial and economic injustice. The organization is women-led and multiracial, and its culture emphasizes equity, community, experimentation, collective problem-solving, and employee well-being. The Chief Financial and Operating Officer (CFOO) is Common Future’s internal leader, working directly with the Office of the Co-CEOs to advance strategic and operational priorities. The role leads finance, people operations, and IT/systems, and makes day-to-day decisions involving vendor and banking relationships, audits, HR policy administration, and team management. The CFOO maintains and refines established operational systems, empowers the staff who lead operational work, and helps steward the organization through its next phase of evolution. As a member of the Executive Leadership Team, the CFOO is a visible day-to-day leader who helps support high performance and staff morale. The CFOO leads internal management, executive leadership, and strategy; oversees finance for Common Future and its subsidiary Community Credit Lab; sets the vision for operations; and oversees compliance and enterprise risk management. The role works with the Co-CEOs, Board of Directors, General Counsel, Finance Team, and Operations Team to support organizational sustainability, alignment, effective systems, and an inclusive workplace. This is a full-time, exempt position. The salary range is $162,508.66–$188,861.42, with compensation based on competence and experience at the conclusion of the interview process. Compensation is non-negotiable and aligned with internal equity principles and the organization’s compensation philosophy. Staff may have opportunities for annual merit increases and cost-of-labor adjustments.

Requirements

Experience leading teams through change.
Deep understanding of how to motivate and support staff.
Analytical skill to evaluate systems, policies, and processes and implement lasting improvements.
Thoughtful, adaptable, and strategic approach, with a willingness to take a hands-on role and make difficult decisions when needed.

Responsibilities

Serve as the organization’s internal leader, ensuring effective communication, information cascading, and connectivity across departments and subteams.
Coordinate Executive Team priorities and topics in collaboration with the Deputy Chief of Staff and Executive Assistant.
Evaluate executive and operational alignment with the organization’s mission, values, strategic objectives, and key results.
Advise the Office of the Co-CEOs and Board of Directors on financial and operational sustainability and internal culture, and prepare supporting memos and presentations.
Support the evolution of an inclusive and equitable workplace, model best practices for staff, and help attract and retain talent.
Lead and implement change initiatives related to organizational processes, systems, and infrastructure.
Partner with the Co-CEOs on annual budgeting, major contracts and expenditures, organizational culture and structure, and strategic planning.
Communicate with the Co-CEOs about organizational performance, key decisions, and emerging operational and programmatic opportunities and challenges; implement and track strategic-plan progress.
Develop and oversee finance strategy and core finance functions for Common Future and subsidiary Community Credit Lab, including accounting, reporting and analysis, audits and tax reporting, budgeting, compliance, controls, and risk management.
Lead treasury management for both entities and provide strategic direction for banking relationships.
Oversee the audit strategy and coordinate with relevant stakeholders, including the Co-CEOs, Board, and Finance Team.
Guide high-level budgeting to align with leadership priorities and organizational goals, supporting the Director of Finance in leading the process.
Oversee accounts, ledgers, and reporting systems to ensure compliance with GAAP, nonprofit accounting standards, and IRS requirements.
Work with the Finance Team to maintain the financial management system, internal controls, financial policies and procedures, and an auditable fiscal structure.
Oversee Common Future’s Fiscal Policies & Procedures, including the Internal Treasury Management Policy, and serve as a key Board contact for financial matters and long-term financial planning.
Set high-level vision and strategy for Operations and Finance, aligning team and organizational goals and ensuring accountability.
Lead day-to-day internal operations and resolve issues effectively in the organization’s best interests.
Strengthen and streamline organization-wide operations through adaptation, shared learning, and continuous improvement.
Directly supervise and support the Operations Team, currently comprising the Director of Finance, Controller, Director of HR, and Director of Systems and Information; delegate, ensure accountability, and support staff development.
Oversee and support Human Resources, including employee experience, culture, talent management, development, benefits, compensation, and compliance.
Oversee and support Systems, Data, and IT, including technology strategy and ensuring tools, controls, and operating cadences meet organizational needs.
Coordinate across Operations subteams to ensure the people, financial, and systems resources needed to achieve Co-CEO strategic priorities.
Oversee the organization’s safety and security framework, including cybersecurity protocols in collaboration with its outsourced managed service provider.
Coordinate with General Counsel and the Finance Team to ensure compliance with applicable federal and state regulations.
Ensure robust systems that strengthen organizational infrastructure, including legal and risk management.

Benefits

Ongoing four-day workweek, Monday through Thursday, with a 32-hour workweek at 80% time and 100% pay.
Remote and flexible work options.
20 days of paid time off.
18 paid holidays, including a week off in the spring and winter.
Fully paid medical, dental, and vision insurance for employees; dependents are covered at 75%.
Access to HSA, medical FSA, and dependent-care FSA.
Paid long-term disability and life insurance.
16 weeks of paid parental leave.
$500 annual professional development stipend, plus tuition, student loan, and coaching support.
$500 monthly caregiver stipend.
Immediately vested 4% 403(b) retirement plan contribution after 90 days.
$800 one-time home office setup stipend for new employees.
$150 per month coworking, home office, and cell phone stipend.
Annual in-person retreat.