Chief Financial and Operating Officer

Common Future•New York, NY

20d•Remote

About The Position

Common Future is hiring a Chief Financial and Operating Officer (CFOO) to serve as its internal leader and work directly with the Office of the Co-CEOs to advance strategic and operational priorities. The CFOO leads finance, people operations, and IT/systems, making day-to-day decisions across these areas, including vendor and banking relationships, audit engagement, HR policy administration, and team management. The role maintains and refines established operational systems, empowers staff leading 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 and steward of Common Future’s values, supporting high performance and staff morale. The successful candidate will be thoughtful, adaptable, strategic, and willing to work hands-on and make difficult decisions. They will bring experience leading teams through change, motivating and supporting staff, and evaluating systems, policies, and processes to implement lasting improvements. 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 describes its culture as centering equity, being the communities it serves, embracing experimentation, reimagining what is broken, collectively solving problems, and modeling a new way of working.

Requirements

Executive leadership experience at the C-suite or senior-management level, including budget oversight, capacity building, and creating streamlined, agile processes.
Commitment to dismantling unjust systems, with experience addressing bias and dominant culture in the workplace.
Advanced proficiency in nonprofit financial systems such as QuickBooks Online or Sage Intacct, and Excel, including multi-year modeling and scenario planning.
Experience with reserves and liquidity strategy, restricted and unrestricted revenue, and multi-entity financial oversight.
Experience partnering with a nonprofit Board of Directors, managing banking and treasury relationships, and coordinating audits.
Experience guiding a nonprofit from growth to maturity, including leading change management.
Comfort operating in ambiguity and seeking clarity, including asking challenging questions to ensure alignment and understanding.
Strategic communication skills to support organization-wide coordination and operational prioritization aligned with organizational goals.
Competencies for all Common Future team members include understanding the work and organization, project management and planning, relationship building, strong communication, strategic thinking, and emotional intelligence.

Nice To Haves

MBA, Master’s in Nonprofit Management, JD, CPA, or equivalent experience; preferred but not required.

Responsibilities

Serve as the organization’s internal leader, supporting effective communication, information flow, and connectivity across departments and subteams.
Coordinate Executive Team priorities and topics in partnership 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; prepare supporting memos, presentations, and other materials.
Support the evolution of an inclusive and equitable workplace, model effective practices, and help attract and retain talent.
Lead and implement changes to organizational processes, systems, and infrastructure.
Advise the Co-CEOs on annual budgets, 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 progress against the strategic plan.
Lead financial 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.
Oversee Common Future’s 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, ensuring 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 fiscal policies and procedures, including the Internal Treasury Management Policy, and provide strategic direction for banking relationships.
Serve as a key financial contact for the Board, including on reporting and long-term financial planning.
Set the 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, hold teams accountable, 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 the continued suitability of tools, controls, and operational cadences.
Coordinate across Operations subteams to ensure the people, financial, and systems resources required for Co-CEO strategic priorities are available.
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 organizational infrastructure, including legal and risk-management systems.

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 spring and winter.
Medical, dental, and vision coverage fully paid for employees; dependents are covered at 75%.
Access to a health savings account and medical and dependent-care flexible spending accounts.
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.