Managing Director for Finance and Operations

Overview

This full-time, indefinite role is responsible for leading the finance and operations department, ensuring financial health, compliance with regulations, and operational efficiency. Reporting directly to the Chief Executive Officer, the Managing Director for Finance and Operations will align financial and operational strategy with organizational goals and coordinate closely with the Managing Director for Impact Investments.

The role requires investment experience to integrate the organization’s revenue model—historically reliant on restrictive grant funding—with a fit-for-purpose investment strategy. As a nonprofit impact investor and intermediary, the business model depends on successful delivery and management of blended finance.

Responsibilities

Financial leadership

• Build and implement strategies and automated systems/processes to collect, analyze, and report financial data accurately and on time.
• Oversee preparation of monthly and annual financial statements, dashboards, and forward-looking projections to inform the CEO, senior management, and the board of directors.
• Manage investment and grant funding pipeline data collection, track financial performance, and ensure compliance with financial reporting requirements.

Budgeting, audit, and tax compliance

• Lead year-end close processes and annual budgeting/financial planning, including board approval and variance analysis.
• Oversee annual audits and tax filings (e.g., Form 990), including program-specific audits, ensuring timely completion with minimal findings.

Cash, asset, and grant management

• Develop and operate cash strategy, optimizing cash runway through efficient management of restricted and temporarily restricted assets and free cash.
• Meet board requirements for cash and unrestricted net assets reserves.
• Oversee the strategy and administration of fiscal sponsorships, re-grants, and other pass-through funds.
• Develop updated product/service financial models, pricing, and budgeting aligned with forward business strategy.

Impact investments financial management and strategic support

• Build and oversee an integrated back office to support the investment strategy, including administration of program-related regrants, direct investments, and investment structures to improve operational efficiency and strengthen accounting for liquid and non-liquid assets.
• Strategically support the Managing Director of Impact Investments in creating investment vehicles and ongoing fund administration.
• Ensure investment, finance, operations, and data analytics staff operate in coordination with accounting and finance functions.

Compliance, internal controls, and risk management

• Maintain robust internal financial controls and ensure regulatory compliance.
• Monitor financial and tax implications of investment holdings and provide guidance on agreements and contracts.
• Oversee corporate administration, including regulatory compliance, contract reviews, external legal services, recordkeeping, incorporation filings (e.g., Delaware), and regulatory (FINRA/SEC) filings.
• Oversee team management for IT, annual technology budget, and IT personnel (contractors and/or full-time employees as strategy demands).
• Ensure compliance with employment law and statutory requirements across operating countries, including oversight of GEO/PEO relationships, international payroll, and entity-level employment obligations.

Team leadership and development

• Build and supervise a high-performing finance and fund administration team to operationalize financial strategy.
• Build and supervise a high-performing human resources team to operationalize an adaptable hybrid organizational strategy.
• Foster internal communication across teams, with regular updates aligned to work-product dependencies, and support a collaborative workplace culture.

Operational and administrative oversight

• Oversee banking operations, credit cards, and petty cash to ensure accurate reporting and regulatory compliance.
• Manage third-party service providers for bookkeeping, controls, accounts payable/receivable, and financial software.
• Ensure service levels and practices align with organizational needs and industry standards.
• Ensure timely and accurate financial reporting, tax filings, and other finance/administrative matters for legal entities.
• Coordinate cross-functional policies and processes impacting finance, operations, and grant management.
• Ensure accurate documentation, recordkeeping, and alignment with organizational systems.
• Oversee procurement and contracting for third-party services and administration of systems used in finance and administration.

Board and finance committee support

• Work closely with the CEO and Treasurer of the Board, liaising with the Board of Directors and serving on and co-leading the Board Finance Committee.
• Oversee preparation and distribution of meeting materials, financial reports, and dashboards for Quarterly Finance Committee and Board meetings.
• Present financial results during quarterly meetings.

Business model and revenue model (collaboration)

In collaboration with the CEO (and with the Business Development team), lead the design, management, and evolution of the business model and support revenue diversification strategy. This includes:

• Experience designing and implementing business models, including revenue diversification strategies.
• Fundraising track record and ability to manage complex external stakeholder relationships preferred; experience raising pre-seed, seed, Series A rounds welcomed.
• Commitment to designing and maintaining high-quality products/services that create complementary, mutual benefits between organizational activities and value creation.
• Understanding of stakeholder value-creation business models and ability to design/run a multi-stakeholder, systems-change-focused operational model.
• Familiarity with regenerative and sustainable business models and willingness to apply these principles to operational and strategic growth.
• Commitment to community-based decision-making practices and community-centered approaches.

Requirements

Education and experience

• Bachelor’s degree in finance, accounting, business administration, or a related field.
• CPA, CFA, MBA preferred.
• 7–10+ years of financial management experience, including organizations with highly diversified revenue streams and experience with investment management.
• 2–3 years in a senior managerial role, including experience supervising teams and third-party providers.
• Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP).
• Demonstrated ability to build and implement systems that enable efficient finance and grant reporting and seamless integration of operations.
• Proven understanding of collaborating with diverse teams to manage financial systems that streamline processes supporting a complex business model.

Skills and competencies

• Expertise in accounting, financial planning, and operations management.
• Strong analytical and problem-solving skills; ability to build forward-looking financial projections and models.
• Proficiency in technology and data management, including financial software.
• Working knowledge of human resources operations and organizational development, including compensation structures, performance management approaches, and employment compliance.
• Position on AI use cases (and limitations) as relevant to work outputs, and willingness to critically engage with firm-wide AI policy development.
• Excellent communication skills, including presenting financial and operational concepts to both technical and non-technical audiences.
• Ability to create and maintain a positive organizational culture through leadership and collaboration.

Preferred Qualifications

• CPA, CFA, MBA.
• Fundraising track record; experience raising pre-seed, seed, Series A rounds.

Compensation & Benefits

• Base salary: $160,000–$185,000 (or the equivalent in local currency), commensurate with skills and experience.
• Fully remote work environment.
• Flexible PTO.
• Stipends to support growth and well-being, including:
  • Annual professional development and wellness allowances
  • Remote work stipend
  • Monthly reimbursement for cell phone and internet
• Health allowances:
  • United Kingdom and Kenya: monthly health allowance
• United States benefits:
  • Health benefits package including medical, dental, vision, and life insurance
  • 401(k) with up to a 3% match

Location

Remote — United States, United Kingdom, or Kenya.

Reporting Line and Role Details

• Reports to: Chief Executive Officer
• Type of role: Full-Time, Indefinite

Equal Opportunity

The employer is an equal opportunity employer and encourages applications from candidates of all backgrounds, identities, and experiences.

Application

Please include your CV along with a cover letter outlining how your experience aligns with this role.