We are a $2.5 million non-profit organization providing school and support services to students with Learning Differences. We are looking for a CFO--approximately 20 hours per month...we have a full time Business Manager. The CFO would review financial status (QB non profit), prepare financial reports for the Finance Committee, Board and Executive Director, assist with strategic planning, attend Board Meetings (monthly), work with Business Manager on benefit packages and updating employee policies. Suggestions on rates? and where to find someone? Thanks
Contract CFO?
Answers
Location? You can message me.
If you would provide your location, it would help direct you to resources. My firm services Tampa or Boston so could help you there.
If you don't need them to be there in person I suggest an online resource like https://www.paro.io/ They can access your financials online, they would be able to support your business manager when needed and you can most likely get a more experienced consultant.
Would welcome a chance to talk with you further. I've spent the last 8 years working as a retained CFO for a number of nonprofits. Depending on your needs and location, I may not be the right fit, but happy to help you sort through your options.
As far as finding someone, look on line, maybe ask your CPA, Banker, out IT service, or Insurance broker if they know someone (they all interact regularly with CFO's). On rate, expect to pay from $100/hour and up. $150-200 rates are not uncommon, but maybe a little high in my opinion for regular work like you are offering. Good luck.
That request is exactly what we offer our clients. If you contact us, we can provide you with an idea of your monthly/annual costs, determine with you what your key KPI should be, donation strategies, among other items.
My firm AcceleratingCFO LLC helps clients like yours solve their finance solutions at manageable rates. Contact me and I can help you find the best resource.
Hi,
I'd be interested in talking with you. I have been doing Contract CFO work for several years. This is my sweet spot.
303.888.2549