Chief Financial & Operating Officer

November 7, 2025

RIZE Massachusetts Foundation (RIZE), launched in 2017, is the only public-private nonprofit partnership in the Commonwealth dedicated to funding and collaborating on solutions to end the overdose crisis. Guided by those with lived and living experience, and unafraid of new ideas, RIZE is building networks, creating programming, and investing in community partners who are using innovative approaches to prevent overdose and increase access to treatment and recovery supports. RIZE makes health equity a programmatic priority by addressing root causes such as racism, systemic barriers to care, and power imbalances.

Since its inception, RIZE has awarded over $28 million to more than 275 organizations aligned with our mission.

In 2024, the Healey-Driscoll Administration selected RIZE to create and manage Mosaic Opioid Recovery Partnership (Mosaic). Funded by the MA Opioid Recovery and Remediation Fund and the MA Department of Public Health, Bureau of Substance Addiction Services, through a nine-year state contract, Mosaic is a unique public-private partnership that allows small, community-based organizations and municipalities to apply for settlement funds. The grants, approximately $5 million annually, support programs that strengthen prevention, harm reduction, treatment, recovery, trauma, and family support initiatives. In 2025, RIZE assumed a significant role in providing training and technical support to municipalities participating in the Mosaic partnership through a second state contract, bringing the Mosaic programs together in a cohesive and coordinated manner, and creating a powerful impact for our communities. On November 1, 2025, RIZE became the fiscal sponsor of the Massachusetts Harm Reduction Workforce Coalition through another state contract.

Over the past two years, RIZE has seen tremendous growth. Our revenue has increased significantly, our organizational budget has grown by over 200%, and our program portfolio has expanded to include training, technical assistance, and fiscal sponsorship alongside our increased grantmaking. With twelve full-time employees and a part-time CFO retiring in March, we must increase our organizational capacity to meet the moment. Strengthening our foundation will enable us to fulfill our leadership role in supporting individuals and communities throughout the Commonwealth.

Position Summary

The Chief Financial & Operating Officer (CFOO) is a critical leader responsible for guiding the organization’s financial and operational strategies to foster sustainable growth and efficiency. This role primarily focuses on overseeing financial performance, developing and managing the annual budget, and ensuring the organization remains fiscally responsible while achieving its mission. The CFOO will work with the leadership team to establish performance metrics and implement strategic initiatives to enhance operational effectiveness.

Key responsibilities include monitoring the organization’s financial health by analyzing revenue streams, expense reports, and economic forecasts, while providing actionable recommendations to the leadership team. The CFOO will also coordinate with the Financial Oversight Committee of the Board of Directors, facilitating meetings and crafting reports to keep the Board of Directors informed regarding financial stability and strategic resource management.

In addition to financial oversight, the CFOO will lead efforts to enhance workflow efficiency and organizational processes by leveraging data-driven insights to drive improvements. This role includes mentoring staff in financial best practices, guiding them in resource management, and ensuring compliance with internal controls and contractual obligations. The CFOO will actively seek opportunities to maximize income and identify funding needs, aligning financial strategies with organizational goals to bolster long-term sustainability. The CFOO is crucial in advancing the organization’s objectives while solidifying its financial foundation through strategic planning and partnerships with external stakeholders, including financial institutions and government agencies.

This position reports to the CEO and has two direct reports: the finance and operations manager and the office manager, who also serves as the CEO’s executive assistant.

Key Responsibilities:

Leadership and Strategy

  • Oversee development and implementation of an enterprise-wide annual operations plan.
  • Provide support and resources to meet fiscal year priorities, including setting performance metrics and fostering organizational learning and training.
  • Provide strategic leadership for all organizational operations and systems, including managing and adjusting IT systems and operational processes.
  • Develop and mentor staff in goal setting, problem solving, resource management, and achieving outcomes.
  • Regularly perform detailed business modeling, planning, and stress testing; allocate resources to achieve organizational goals.
  • Partner with financial institutions, key state government agencies, and stakeholder organizations.

Financial

  • Oversee short-term and long-term budget planning and resource management in alignment with RIZE’s strategic plan; identify opportunities to maximize revenue and minimize expenses.
    Manage and monitor all funding sources, including contract revenue, grants, and gifts.
  • Manage cash flow and investments, including banking and investment relationships, to keep adequate cash balances and optimize investment returns.
  • Coordinate and guide the Financial Oversight Committee of the Board of Directors. Provide staff support, including managing all meetings and determining agendas and materials.
  • Ensure RIZE keeps current and accurate financial records, maintains solid documented financial and internal controls, and fulfills other financial obligations promptly and in accordance with contractual agreements.
  • Continuously enhance financial systems, internal controls, and reporting.

Compliance and Risk Management

  • Strengthen decision-making processes to ensure RIZE takes well-informed, calculated risks in all areas of operations. Manage risk matrix for the Board of Directors.
  • Coordinate and manage the annual audit, IRS Form 990, MA Form PC, and Unified Financial Report filing with external auditors.
  • Ensure compliance with all federal and state regulations, including government contracts (e.g., allowable costs, time and effort reporting, etc.). Ensure the systems and procedures are in place to maintain compliance with state and federal requirements.
  • Maintain and implement internal controls to safeguard the organization’s assets and ensure the integrity of financial data.
  • Prepare and submit monthly state contract invoices in coordination with the CEO using the state’s Virtual Gateway platform.
  • Manage RIZE’s insurance program and renewals, ensuring that RIZE is adequately insured and that the program remains cost-effective.

Operations and Systems

  • Identify improvement areas and implement strategies to enhance workflow and efficiency. Develop and manage policies, metrics, and dashboards while ensuring an adaptable operational infrastructure. Provide strategic recommendations on resource management to the CEO.
  • Oversee the outsourced IT Director in developing and implementing technology solutions and continuously improving IT infrastructure, business systems, and user support to ensure a consistent, reliable, and secure environment.
  • Develop, implement, and maintain a robust contract management system that supports contractual compliance, operational efficiency, accurate invoicing, and strategic decision-making.
  • Provide oversight and review of contracts before approval to ensure alignment with RIZE’s budget and fiscal policies, risk management standards, and organizational priorities.
  • Ensure RIZE has systems and procedures to maintain compliance with state and federal requirements, properly manage organizational risk, and support effective program implementation. Oversee and ensure the timely submission of annual reporting requirements.
  • Ensure that RIZE’s staff, programs, and initiatives follow its policies and procedures. Review and update processes regularly as RIZE’s needs and resources evolve.
  • Align all financial, operational, and talent functions to meet RIZE’s current priorities, new program demands, and future operational needs.
  • With the senior leadership team, oversee the annual performance evaluation process, including compensation recommendations, merit increases, salary adjustments, and promotions.

Qualifications

Education: A bachelor’s degree in finance, business administration, nonprofit management, or a related field is required. A master’s degree or relevant advanced certification (e.g., CPA, MBA) is highly preferred.

Experience:

  • A minimum of 10 years of demonstrated experience in a leadership role, specifically within the nonprofit sector, with a strong financial management and operational oversight track record.
  • Proven experience managing large-scale programs or initiatives, ideally in the social services or public health domains related to overdose prevention, substance use disorder, or similar areas.
  • Direct experience with MA state procurement and contracting policies and procedures is preferred.

Financial Acumen:

  • Extensive budgeting, financial forecasting, and analysis knowledge, with experience managing multiple revenue streams, including grants, contracts, and fundraising.
  • Demonstrated ability to implement financial best practices and ensure compliance with internal controls and regulatory requirements.

Strategic Leadership:

  • Experience developing and executing organizational strategies that promote growth, efficiency, and impact.
  • Proven ability to lead teams in dynamic environments, effectively mentor staff, and foster a culture of collaboration and continuous improvement.

Stakeholder Engagement:

  • Strong experience building partnerships with government agencies, financial institutions, and community organizations to further organizational goals and funding opportunities.
  • Ability to effectively communicate and present financial information to diverse audiences, including Board members and external stakeholders.

Technical Proficiency:

  • Familiarity with data-driven decision-making and proficiency in leveraging technology for operations and financial management.
  • Knowledge of nonprofit management software and financial systems, including QuickBooks, Salesforce, and Asana, is preferred.

Personal Attributes:

  • Strong problem-solving skills, with the ability to think strategically and analytically in a fast-paced environment.
  • Must possess exceptional interpersonal skills, demonstrating empathy, integrity, and a commitment to the organization’s mission.

The CFOO is a full-time, hybrid role. RIZE is located in downtown Boston, and occasional travel, primarily within the state, will be required for meetings and events as needed. This role may require evening and occasional weekend work.

We are an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, or other status protected under law.

Apply here