The Opportunity Alliance · 2 hours ago
Chief Financial Officer
South Portland, ME
Full-time
Hybrid
Director/Executive
$150K/yr - $160K/yr
7+ years expThe Opportunity Alliance is a dynamic Community Action Agency seeking a Chief Financial Officer (CFO) to lead its Finance department. The CFO will be responsible for ensuring the fiscal integrity of the organization, overseeing financial functions, and providing financial expertise to senior management and the Board.
CommunitiesEducationHealth CareMental HealthNon ProfitSocial AssistanceWellness
Responsibilities
Ensure strong financial management and compliance with federal and state funding requirements
Provide timely and accurate financial data and long-term financial planning
Oversee all financial functions, including budgeting, cash flow management, financial reporting, risk management, and grants compliance
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field required
Minimum 7-10 years of nonprofit financial management experience
Experience with federal grant compliance (2 CFR Part 200 - Uniform Guidance) and Single Audit oversight
Strong understanding of nonprofit accounting, financial reporting, GAAP, and internal controls
Proficiency in fund accounting, budget preparation, cost allocation methodologies, and cash flow forecasting
Knowledge of federal and state grant reporting, indirect cost recovery, and OMB Circular A-133 (Single Audit)
Experience with financial management software (Workday, MIP, Blackbaud, etc.)
Familiarity with contract budgets, state Medicaid/Medicare reimbursement, and financial risk management
Demonstrated business acumen, strategic thinking, and problem-solving abilities
Strong communication, collaboration, and leadership skills to engage both financial and non-financial stakeholders
Ability to train and support Program Directors and Senior Leadership in financial literacy and decision-making
Must pass criminal background, child protective service check & sex offender check (for contracts with Rider D)
Must not be on state or federal suspension or debarment lists
Normal office conditions such as sitting, with occasional standing, walking, reaching, stooping, bending, kneeling, crouching, typing and lifting up to 10 pounds
Driving may be necessary to attend meetings and trainings but is not a primarily and essential job responsibility
Preferred
Master's degree (MBA, MPA) and/or CPA strongly preferred
Minimum 7-10 years of nonprofit financial management experience, with federal and state grants administration expertise preferred
Benefits
Generous paid time off accrual
9 paid holidays per calendar year and up to 3 floating holidays per calendar year
Excellent medical benefits at very reasonable cost
Dental and Vision insurance options
Agency paid basic life insurance and STD & LTD disability insurances
403(b) retirement with a generous agency match (all employees are eligible)
Tuition Reimbursement – offered once per year through an application process
The Opportunity Alliance (TOA) is a qualified employer under the Public Service Loan Forgiveness (PSLF) program.
Company
The Opportunity Alliance
The Opportunity Alliance is a nonprofit organization that offers community building, education, mental health, and wellness programs.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Fhiwa Ndou
Consultant, Project Manager — Partners for Thriving Youth
Tara Rivera, M.A., C.L.C.
Community School Family Partnerships Coordinator with South Portland Middle School
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