Chief Financial Officer

About the role

Elemental is seeking a Chief Financial Officer (CFO), the senior-most financial executive of Elemental Impact and the future Elemental investment platform. In this role, you will own the development and implementation of the long-term financial strategy for Elemental Impact, a 501(c)(3) nonprofit investment organization, and help architect the growth of a broader multi-asset class platform with diverse investment strategies, service capabilities, and funds. You will operate at the intersection of philanthropy and nonprofit finance on the one hand, and private investing (including venture investments, program-related investments, debt and project finance, and strategic portfolio management) on the other hand. The CFO will look across the various funds and may provide direct or advisory support including working directly with fund leads, teams, and service providers to manage and optimize financial assets. You will design and implement a comprehensive framework of financial management that ensures donor compliance, investment rigor, and organizational scalability at the 501(c)(3). The CFO will also help design economic and investment relationships across the platform that optimize exposure and information sharing while keeping compliance as a top priority. This position will report to the Chief Executive Officer of Elemental Impact, serve on the executive leadership team and manage the financial operations team. This is a dynamic and responsive team that ensures the financial foundation of the organization remains strong. The role collaborates effectively with all other parts of the organization, and many external entities, to execute the firm's financial strategies. Key Responsibilities Include: 1. Platform Fund Leadership Platform Design & Development: Help architect the growth of a multi-asset class investment platform with diverse strategies, service capabilities, and funds. Fund Administration: Lead the administration of current and expanding investment vehicles, including precise performance tracking. Capital Innovation: Develop and implement strategies to service new capital sources, including Recoverable Grants and Program-Related Investments (PRIs), to increase Elemental's reach and impact. Portfolio Payments & Risk Management: Support risk management functions, oversee impairment analysis and ensure timely execution of investment transactions in partnership with the Portfolio & Investments team. 2. Non-Profit Financial Operations & Revenue Compliance Non-Profit Oversight: Lead the finance team in managing accounting and administrative functions across a $30M+ budget and manage required compliance and auditing across multiple entities and inter-company transactions. Lead the creation and delivery of financial materials for the Board of Directors. Grant Revenue Compliance: Manage a sophisticated framework for grant administration, ensuring 100% adherence to industry standards, donor requirements and federal regulations, including GAAP, 2CFR200, and IRS Form 990. Strategic FP&A: Oversee the annual budgeting process, cash flow forecasting, and the integration of diverse revenue streams from 40+ funders into a cohesive financial plan. Treasury & Controls: Manage institutional banking relationships, assess payment controls against emerging threats, and execute transactions for company bank/brokerage accounts. Team Management: Lead and mentor a high-performing team, including the Controller and Sr. Director of Finance and Revenue Compliance and others, to reach individual and organizational goals.