Fractional Controller for Nonprofit Company

Vessel AdvisorsPalo Alto, CA
Hybrid

About The Position

The Fractional Controller is an interim leadership role responsible for stewarding the financial resources of our organization in support of its mission. This is a 15–20 hour per week contract position projected for a minimum of 12 months. This role focuses primarily on financial leadership, accounting, and strategic forecasting. While many day-to-day administrative and facility functions have been removed or reduced for this fractional scope, the role retains high-level oversight of these areas. The Fractional Controller will directly manage a Staff Accountant and an Administrator who will handle the execution of day-to-day accounting, administrative, and facilities tasks.

Requirements

  • Bachelor’s degree in Finance or Accounting required.
  • Proven progressive experience in finance and accounting, including previous leadership experience as a Controller or Director-level financial professional.
  • Prior experience in a nonprofit organization is required, including deep familiarity with fund accounting, restricted funds, and grant compliance.
  • Demonstrated experience managing and developing accounting and/or administrative staff.
  • Proficiency with QuickBooks and familiarity with modern HRIS/Payroll systems (Rippling knowledge is a significant plus).
  • Strong knowledge of nonprofit accounting principles and financial management best practices.
  • Ability to clearly communicate complex financial information to non-financial staff and board members.
  • Excellent leadership, interpersonal, and communication skills.
  • High level of integrity, sound judgment, and a commitment to the organization's mission.
  • Strong organizational, analytical, and problem-solving skills.

Nice To Haves

  • Rippling knowledge is a significant plus.

Responsibilities

  • Serve as the primary financial leader for the organization, ensuring long-term financial sustainability and strong internal controls.
  • Manage and mentor the Staff Accountant and Administrator, delegating day-to-day transactional accounting and administrative functions effectively.
  • Oversee general ledger functions, accounts payable/receivable, payroll, cash management, and month-end/year-end close processes.
  • Prepare and monitor the annual operating and capital budgets. Develop financial forecasts, cash flow projections, and multi-year financial plans.
  • Ensure compliance with nonprofit accounting standards (U.S. GAAP), donor restrictions, grant requirements, and applicable regulations. Track restricted funds and endowments.
  • Coordinate the annual independent audit and IRS Form 990 preparation. Provide clear, timely financial reports and variance analysis to the CEO and the Board of Directors.
  • Oversee the integration of financial and HR systems (e.g., Rippling integration with QuickBooks).
  • Provide high-level oversight of the organization's IT systems, vendors, and liability insurances, utilizing the administrative team for support.
  • Maintain high-level oversight of facilities budgets, leases, and safety compliance, while leveraging the Administrator to manage day-to-day facility operations, maintenance, and space planning.
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