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Fractional CFO

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: Cabrini Green Legal Aid
Part Time position
Listed on 2026-07-22
Job specializations:
  • Finance & Banking
    Financial Compliance, Financial Reporting, CFO, Financial Manager
Salary/Wage Range or Industry Benchmark: 4500 - 7500 USD Monthly USD 4500.00 7500.00 MONTH
Job Description & How to Apply Below

Fractional CFO

CGLA seeks a strategic, forward-thinking Fractional CFO with deep experience in nonprofit accounting, cash flow modeling and projection, grant reporting and compliance, organizational budget management, and financial systems integration. This role, reporting to the Executive Director, is critical in ensuring financial sustainability, optimizing financial operations, and supporting strategic growth.

The Fractional CFO will support our existing Senior Accountant and Finance Team, working closely with the Executive Director and Board of Directors to strengthen financial reporting and risk management while aiding leadership to make more informed decisions.

The ideal candidate will provide high-level financial strategy, build upon predictive cash flow models, add support an in-progress transition to an automated payment and reimbursement system, strengthen organizational budget management and internal controls, and provide mentorship and guidance our existing finance team.

CGLA seeks leaders who demonstrate cultural humility, a commitment to justice, and the ability to work effectively supporting communities disproportionately impacted by the criminal legal system.

Key Responsibilities
  • Strategic Financial Leadership & Modeling
  • Team Leadership, Systems Integration & Operational Overlap
  • Grant Compliance & Accounting Oversight
Qualifications & Experience
  • CPA, CMA, or MBA in Finance.
  • Experience:

    10 years of relevant experience with 7+ years of senior financial leadership experience (CFO, VP of Finance, or equivalent).
  • Nonprofit Expertise:
    Proven mastery of restricted fund accounting and compliance for complex grant portfolios ($5M+ budget size preferred);
    Knowledge of government (State, County, and City) and philanthropic grant reporting.
  • Tech Mastery:
    Deep, practical experience configuring and optimizing payroll & Expense/Spend management;
    Proficiency in Quick Books.
  • Systems Migration:
    Demonstrated success leading a team through accounting software or expense system implementation.
  • Communication:
    Exceptional ability to articulate complex financial concepts to non-financial staff, board members, and external donors while exhibiting patience with non-financial staff.
  • Data

    Skills:

    Strong financial modeling, strategic thinking, nonprofit acumen, and data analysis skills.
  • Mission Alignment:
    Demonstrated commitment to systemic change of the criminal legal system, support for racial and economic justice, and community‑based nonprofit work.
  • Board Engagement:
    Experience preparing and presenting financials with actionable insights and analysis to nonprofit boards and leadership staff.
Compensation & Commitment

This is a part-time, contract-based position with an estimated commitment of 35-45 hours per month (or 8-12 hours per week). This role is structured as a fractional executive engagement and does not include employee benefits. Compensation is $4,500 to $7,500/month, commensurate with nonprofit financial management experience.

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