Non-Profit Organization CFO

Career Guide

The CFO of a non-profit organization is responsible for managing the financial activities, ensuring financial sustainability, compliance with regulations, and strategic planning to support the organization's mission. They often work closely with the executive team to align financial goals with the organization's objectives.

Key Responsibilities

Develop and oversee financial strategies
Ensure compliance with financial regulations and standards
Prepare and present financial reports to the board
Manage budgeting and forecasting processes
Supervise financial staff and operations

Top Skills for Success

Financial Management

Strategic Planning

Regulatory Compliance

Leadership and Team Management

Career Progression

Can Lead To

Chief Executive Officer

Chief Operating Officer

Transition Opportunities

Consulting for non-profits

Board Member roles

Common Skill Gaps

Often Missing Skills

Advanced Data AnalyticsDigital Transformation

Development SuggestionsConsider enrolling in courses on data analytics or digital finance tools. Participating in workshops focused on digital transformation in finance can also be beneficial.

Salary & Demand

Median Salary Range

Entry Level$80,000 - $100,000

Mid Level$100,000 - $130,000

Senior Level$130,000 - $180,000

Growth Trend

The demand for CFOs in non-profit organizations is growing steadily as more non-profits recognize the need for strong financial oversight to sustain and expand their impact.

Companies Hiring

Major Employers

United WayAmerican Red Cross

Industry Sectors

Health and Human ServicesEducation and Research

Recommended Next Steps

Gain experience in financial management within non-profit settings.

Pursue certifications such as CPA or CMA to enhance credibility.