Fractional CFO

<p><strong>FRACTIONAL VP OF FINANCE</strong></p> <p><strong>&nbsp;</strong></p> <p><strong>ABOUT PURSUIT</strong></p> <p>Pursuit is a social impact organization that creates transformation. For over a decade, we've propelled adults from low-income backgrounds, often without college degrees, into high-growth tech careers, generating nearly $1 billion in lifetime wage gains for our graduates. We've also pioneered the Pursuit Bond, an innovative outcomes-based financing model that aligns investor returns with long-term economic mobility.</p> <p>Now, as AI reshapes every industry, Pursuit is evolving into an AI-native organization — training AI-native talent, embedding AI into our operations, and building scalable software to extend our impact. We operate across a nonprofit (.org), a Public Benefit Corporation (PBC), and our Pursuit Bond vehicle.</p> <p><strong>&nbsp;</strong></p> <p><strong>THE OPPORTUNITY</strong></p> <p>Pursuit is seeking an experienced Fractional CFO to lead and stabilize our finance function on a part-time basis (20–25 hours per week). This is a high-impact, hands-on engagement for a senior finance leader who can hit the ground running — owning day-to-day financial operations, driving strategic planning, and serving as a trusted thought partner to our COO and executive team.</p> <p>This role is ideal for a seasoned finance executive who wants to apply their expertise to a mission-driven organization at a pivotal moment of growth and transformation.</p> <p><strong>&nbsp;</strong></p> <p><strong>KEY RESPONSIBILITIES</strong></p> <p><strong>Financial Strategy &amp; Planning</strong></p> <ul> <li>Set annual and multi-year budgets, aligning financial goals with organizational priorities across the nonprofit, PBC, and Pursuit Bond</li> <li>Partner with the COO and executive team to provide financial insights that inform decisions on new programs, scaling operations, and capital allocation</li> <li>Develop innovative funding and operating models that blend philanthropy, earned revenue, and mission-aligned capital</li> </ul> <p><strong>Financial Operations &amp; Compliance</strong></p> <ul> <li>Run all financial operations, ensuring efficient management of budgets, cash flow, and compliance with regulatory requirements across both the 501(c)(3) and PBC entities</li> <li>Oversee AR/AP cycles, financial controls, and ensure accurate, timely financial reporting</li> <li>Ensure compliance with federal and state tax laws and nonprofit-specific regulatory requirements</li> </ul> <p><strong>Forecasting, Modeling &amp; Cash Management</strong></p> <ul> <li>Build and refine core financial models; run scenario planning and sensitivity analyses</li> <li>Manage rolling revenue and expense forecasts and liquidity oversight</li> <li>Maintain a reliable cash flow projection process that supports operational confidence</li> </ul> <p><strong>Reporting &amp; Stakeholder Communication</strong></p> <ul> <li>Build financial reporting cadences for internal leadership, the Board, and external funders</li> <li>Prepare and present financial materials for Board meetings and funder deliverables</li> <li>Drive revenue operations oversight, ensuring alignment between pipeline, projects, and collections</li> </ul> <p><strong>&nbsp;</strong></p> <p><strong>IDEAL CANDIDATE</strong></p> <ul> <li>10+ years of senior finance experience, with prior VP of Finance, CFO, or equivalent leadership</li> <li>Background in investment banking, FP&amp;A, strategic finance, or capital markets strongly preferred</li> <li>Experience operating across nonprofit and/or for-profit hybrid structures a strong plus</li> <li>Proven ability to work independently, manage competing priorities, and deliver results in a lean environment</li> <li>Exceptional financial modeling and analytical skills</li> <li>Strong communicator who can translate complex financial data for non-finance stakeholders</li> <li>Prior fractional or consulting finance experience welcome</li> <li>Mission-driven: you care deeply about equity, economic mobility, and expanding opportunity for underrepresented communities</li> </ul> <p><strong>&nbsp;</strong></p> <p><strong>ENGAGEMENT DETAILS</strong></p> <p><strong>Type: Fractional / Part-Time Contract</strong></p> <p><strong>Hours: 20–25 hours per week</strong></p> <p><strong>Compensation: $100–$150 per hour, based on experience</strong></p> <p><strong>Reports to: COO</strong></p> <p><strong>Location: Hybrid preferred; Pursuit is based in Long Island City, NY</strong></p> <p><strong><br><br></strong></p> <p>&nbsp;</p>