Job Description
Chief Financial Officer (CFO)
Borough Park, Brooklyn, NY
Salary: $250,000
Industry: Nonprofit / Financial Services
Yiddish Speaking: Required
Position Overview
A well-established nonprofit organization serving a large financial institution, is seeking an experienced Chief Financial Officer (CFO) to lead and oversee its financial operations.
This is a senior leadership role for a strong financial professional who can provide high-level financial oversight while also ensuring that the day-to-day finance function is structured, accurate, and running efficiently.
The CFO will oversee a small finance team, including a Controller and Bookkeeper, and will work closely with executive leadership on financial planning, budgeting, reporting, compliance, and overall fiscal strategy.
Key Responsibilities
Lead and oversee all financial operations of the nonprofit organization
Manage and provide direction to the Controller, Bookkeeper, and finance team
Develop and oversee annual budgets, forecasts, and financial planning
Provide leadership with clear and timely financial reporting and analysis
Monitor cash flow, expenses, financial performance, and organizational financial health
Strengthen financial controls, processes, and procedures
Ensure accurate financial reporting and proper accounting practices
Oversee audits, tax filings, regulatory requirements, and nonprofit financial compliance
Work with external accountants, auditors, banks, financial institutions, and other financial partners
Support the organization's work with financial institutions and a large financial institution
Identify financial risks and opportunities and provide recommendations to leadership
Ensure the finance department operates with strong accountability, organization, and accuracy
Support leadership with strategic financial decision-making and long-term planning
Qualifications
Significant senior-level finance and accounting experience
Previous experience as a CFO, Finance Director, Controller, or similar senior financial leadership role
Strong knowledge of budgeting, forecasting, cash-flow management, financial reporting, and internal controls
Experience managing and developing a finance/accounting team
Ability to operate both strategically and hands-on when needed
Strong organizational, analytical, and leadership skills
High level of integrity, discretion, and accountability
Nonprofit accounting/finance experience strongly preferred
CPA preferred but not required
Audit experience a big plus
This is an excellent opportunity for an experienced financial leader to take ownership of the financial function of an established nonprofit organization serving financial institutions, including a large financial institution, and work closely with leadership to strengthen its financial infrastructure and support its continued growth.
Email resume to: connie@maiplacement.com
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