Chief Finance & Administrative Officer
The Role
Location: Remote with at least quarterly travel to Boston, New York City or Philadelphia
Reports to: Chief Executive Officer
Team: Director of Finance (direct report), Manager of Finance & Administration, Staff Accountant, Administrative Associate, and Executive Operations Manager (direct report)
Position Summary
Compass Working Capital (Compass) is seeking a strategic, hands-on, and forward-thinking financial leader to serve as its Chief Finance & Administrative Officer (CFAO). Reporting to the CEO and serving as a key member of the five-person Executive Team, the CFAO will steward Compassâ financial health while building the systems, forecasting capabilities, and operational infrastructure required to support continued national growth and impact.
With a $15M+ operating budget, more than 85+ staff members, long-term government and philanthropic funding including growth capital investors, and more than eighteen months of cash on hand, Compass is in a position of financial strength. The organization is midway through a seven-year strategic plan and is scaling innovative approaches to economic mobility for families with low incomes. The CFAO will play a pivotal role in translating this ambition into multi-year financial strategy, scenario planning, and disciplined execution.
Compass seeks an experienced executive who has operated at the enterprise level and can serve as a thought partner to the CEO and Executive Teamâbringing proactive forecasting, cost modeling, and systems thinking to strategic decision-making. The CFAO will oversee finance, accounting, grants management, risk management, vendor management, facilities, and administrative operations, while strengthening cross-departmental partnership and cultivating a high-performing, inclusive team.
The CFAO will serve as Treasurer, partner closely with the Boardâs Finance and Audit Committees, and help position Compass for long-term sustainability, clarity, and growth over the next five to ten years.
Key Responsibilities
Strategic and Enterprise Leadership
⢠Serve as a strategic advisor and business partner to the CEO, providing forward-looking financial analysis, multi-year forecasting, and scenario planning aligned with Compassâ strategic plan.
⢠Lead the development of long-range financial models, including 3-, 5-, and 7-year projections, stress-testing assumptions and identifying potential risks and opportunities.
⢠Partner with the Executive Team to strengthen financial literacy across departments, ensuring that P&L owners understand and own their budgets.
⢠Develop and refine cost-per-participant and earned revenue models in close partnership with the Chief Program Officer.
⢠Engage the Boardâs Finance and Audit Committees with proactive, multi-year projections and clear supporting schedules that enable strong governance and strategic decision-making.
⢠Contribute meaningfully to organizational culture as a challenger and stabilizerâwilling to ask âwhy,â respectfully disagree when needed, and elevate enterprise-level thinking.
Financial Management and Oversight
⢠Oversee all day-to-day finance operations, including general ledger, accounts payable/receivable, payroll, grants administration, cash management, and compliance.
⢠Ensure timely and accurate monthly, quarterly, and annual financial reporting for management, the Board, and funders.
⢠Maintain strong internal controls and ensure compliance with GAAP, federal and state regulations, and complex multi-year government grant requirements, including state and federal draw-down processes.
⢠Lead annual audit activities and maintain Compassâ record of clean audits.
⢠Manage cash flow forecasting to support strategic deployment of reserves and long-term sustainability.
⢠Oversee management of invested assets in accordance with Board-approved policies.
Systems and Operational Excellence
⢠Lead the evaluation, selection, and successful implementation of financial management systems, ensuring stability after multiple recent system changes.
⢠Assess current finance and administrative operations, identify gaps, and implement improvements that support scale, efficiency, and transparency.
⢠Strengthen contract and vendor management processes and oversee supplier diversity implementation.
⢠Ensure smooth operational processes that directly support program delivery, including invoicing, reimbursement systems, and credit card management.
⢠Explore opportunities to responsibly leverage technology and AI tools to improve financial analysis and operational efficiency.
Grants and Revenue Management
⢠Oversee financial management of diversified revenue streams, including philanthropy, earned revenue, and complex national and federal grants.
⢠Ensure expenditures are aligned with grant and contract requirements throughout multi-year funding periods.
⢠Partner with program and development teams to model new initiatives, price services appropriately, and assess the true cost of growth and innovation.
⢠Support long-term planning around the balance of public and private funding as Compass scales nationally.
Team and Organizational Leadership
⢠Assess, support, and develop the existing finance and administrative team, including the Director of Finance, Manager of Accounting, Executive Operations Manager, Staff Accountant, and Administrative Associate.
⢠Build a high-performing, inclusive team culture grounded in accountability, professional growth, and continuous improvement.
⢠Strengthen collaboration between finance and other departments, ensuring clean handoffs and timely information sharing.
⢠Uphold Compassâ commitment to diversity, equity, and inclusion in financial decision-making and organizational practices.
⢠Serve as a steady, prepared, and decisive leader who âowns the workâ while fostering trust and mutual respect across the organization.
Candidate Profile:
Professional Experience:
⢠10â15+ years of progressive financial leadership experience, including prior executive-level finance leadership (CFO or CFAO experience strongly preferred).
⢠Significant experience in nonprofit finance; experience managing complex, multi-year government grants and federal draw-down processes preferred.
⢠Demonstrated expertise in multi-year forecasting, financial modeling, scenario planning, and cost analysis in a growth-oriented organization.
⢠Track record of building or strengthening financial systems and operating infrastructure during periods of scale.
⢠Experience partnering directly with CEOs, executive teams, and engaged Boards.
⢠Experience presenting financial information in a clear, proactive, and decision-oriented manner.
⢠Knowledge of diversified revenue models, including philanthropy, public funding, and earned revenue streams.
⢠Advanced knowledge of GAAP and nonprofit accounting standards.
⢠Experience overseeing audits and maintaining strong internal controls.
⢠Proficiency with financial management systems; experience leading system implementations or transitions strongly preferred.
⢠Exposure to affordable housing, asset-building, or economic mobility sectors is a plus.
Personal Attributes:
⢠Deep commitment to Compassâ mission and values.
⢠Strategic, curious, and deeply analytical thinker who asks thoughtful questions and anticipates future needs.
⢠Proactive and decisive leader who is comfortable working in ambiguity.
⢠Enterprise-level thinker who connects financial data to operational systems and program impact.
⢠Courageous communicator; willing to challenge constructively while maintaining strong relationships.
⢠Hands-on, roll-up-your-sleeves orientation.
⢠Strong cultural contributor who values collaboration, transparency, and mutual accountability.
⢠Commitment to building diverse teams and fostering inclusive leadership
Education:
⢠Bachelorâs degree in Accounting, Finance, or related field. MBA would be a plus.
⢠CPA, CMA or MBA strongly preferred.
Compensation:
⢠$180,000 to $195,000
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Location: Remote with at least quarterly travel to Boston, New York City or Philadelphia
Reports to: Chief Executive Officer
Team: Director of Finance (direct report), Manager of Finance & Administration, Staff Accountant, Administrative Associate, and Executive Operations Manager (direct report)
Position Summary
Compass Working Capital (Compass) is seeking a strategic, hands-on, and forward-thinking financial leader to serve as its Chief Finance & Administrative Officer (CFAO). Reporting to the CEO and serving as a key member of the five-person Executive Team, the CFAO will steward Compassâ financial health while building the systems, forecasting capabilities, and operational infrastructure required to support continued national growth and impact.
With a $15M+ operating budget, more than 85+ staff members, long-term government and philanthropic funding including growth capital investors, and more than eighteen months of cash on hand, Compass is in a position of financial strength. The organization is midway through a seven-year strategic plan and is scaling innovative approaches to economic mobility for families with low incomes. The CFAO will play a pivotal role in translating this ambition into multi-year financial strategy, scenario planning, and disciplined execution.
Compass seeks an experienced executive who has operated at the enterprise level and can serve as a thought partner to the CEO and Executive Teamâbringing proactive forecasting, cost modeling, and systems thinking to strategic decision-making. The CFAO will oversee finance, accounting, grants management, risk management, vendor management, facilities, and administrative operations, while strengthening cross-departmental partnership and cultivating a high-performing, inclusive team.
The CFAO will serve as Treasurer, partner closely with the Boardâs Finance and Audit Committees, and help position Compass for long-term sustainability, clarity, and growth over the next five to ten years.
Key Responsibilities
Strategic and Enterprise Leadership
⢠Serve as a strategic advisor and business partner to the CEO, providing forward-looking financial analysis, multi-year forecasting, and scenario planning aligned with Compassâ strategic plan.
⢠Lead the development of long-range financial models, including 3-, 5-, and 7-year projections, stress-testing assumptions and identifying potential risks and opportunities.
⢠Partner with the Executive Team to strengthen financial literacy across departments, ensuring that P&L owners understand and own their budgets.
⢠Develop and refine cost-per-participant and earned revenue models in close partnership with the Chief Program Officer.
⢠Engage the Boardâs Finance and Audit Committees with proactive, multi-year projections and clear supporting schedules that enable strong governance and strategic decision-making.
⢠Contribute meaningfully to organizational culture as a challenger and stabilizerâwilling to ask âwhy,â respectfully disagree when needed, and elevate enterprise-level thinking.
Financial Management and Oversight
⢠Oversee all day-to-day finance operations, including general ledger, accounts payable/receivable, payroll, grants administration, cash management, and compliance.
⢠Ensure timely and accurate monthly, quarterly, and annual financial reporting for management, the Board, and funders.
⢠Maintain strong internal controls and ensure compliance with GAAP, federal and state regulations, and complex multi-year government grant requirements, including state and federal draw-down processes.
⢠Lead annual audit activities and maintain Compassâ record of clean audits.
⢠Manage cash flow forecasting to support strategic deployment of reserves and long-term sustainability.
⢠Oversee management of invested assets in accordance with Board-approved policies.
Systems and Operational Excellence
⢠Lead the evaluation, selection, and successful implementation of financial management systems, ensuring stability after multiple recent system changes.
⢠Assess current finance and administrative operations, identify gaps, and implement improvements that support scale, efficiency, and transparency.
⢠Strengthen contract and vendor management processes and oversee supplier diversity implementation.
⢠Ensure smooth operational processes that directly support program delivery, including invoicing, reimbursement systems, and credit card management.
⢠Explore opportunities to responsibly leverage technology and AI tools to improve financial analysis and operational efficiency.
Grants and Revenue Management
⢠Oversee financial management of diversified revenue streams, including philanthropy, earned revenue, and complex national and federal grants.
⢠Ensure expenditures are aligned with grant and contract requirements throughout multi-year funding periods.
⢠Partner with program and development teams to model new initiatives, price services appropriately, and assess the true cost of growth and innovation.
⢠Support long-term planning around the balance of public and private funding as Compass scales nationally.
Team and Organizational Leadership
⢠Assess, support, and develop the existing finance and administrative team, including the Director of Finance, Manager of Accounting, Executive Operations Manager, Staff Accountant, and Administrative Associate.
⢠Build a high-performing, inclusive team culture grounded in accountability, professional growth, and continuous improvement.
⢠Strengthen collaboration between finance and other departments, ensuring clean handoffs and timely information sharing.
⢠Uphold Compassâ commitment to diversity, equity, and inclusion in financial decision-making and organizational practices.
⢠Serve as a steady, prepared, and decisive leader who âowns the workâ while fostering trust and mutual respect across the organization.
Candidate Profile:
Professional Experience:
⢠10â15+ years of progressive financial leadership experience, including prior executive-level finance leadership (CFO or CFAO experience strongly preferred).
⢠Significant experience in nonprofit finance; experience managing complex, multi-year government grants and federal draw-down processes preferred.
⢠Demonstrated expertise in multi-year forecasting, financial modeling, scenario planning, and cost analysis in a growth-oriented organization.
⢠Track record of building or strengthening financial systems and operating infrastructure during periods of scale.
⢠Experience partnering directly with CEOs, executive teams, and engaged Boards.
⢠Experience presenting financial information in a clear, proactive, and decision-oriented manner.
⢠Knowledge of diversified revenue models, including philanthropy, public funding, and earned revenue streams.
⢠Advanced knowledge of GAAP and nonprofit accounting standards.
⢠Experience overseeing audits and maintaining strong internal controls.
⢠Proficiency with financial management systems; experience leading system implementations or transitions strongly preferred.
⢠Exposure to affordable housing, asset-building, or economic mobility sectors is a plus.
Personal Attributes:
⢠Deep commitment to Compassâ mission and values.
⢠Strategic, curious, and deeply analytical thinker who asks thoughtful questions and anticipates future needs.
⢠Proactive and decisive leader who is comfortable working in ambiguity.
⢠Enterprise-level thinker who connects financial data to operational systems and program impact.
⢠Courageous communicator; willing to challenge constructively while maintaining strong relationships.
⢠Hands-on, roll-up-your-sleeves orientation.
⢠Strong cultural contributor who values collaboration, transparency, and mutual accountability.
⢠Commitment to building diverse teams and fostering inclusive leadership
Education:
⢠Bachelorâs degree in Accounting, Finance, or related field. MBA would be a plus.
⢠CPA, CMA or MBA strongly preferred.
Compensation:
⢠$180,000 to $195,000
Apply Now
Apply Now