Application Guide

How to Apply for Fractional Finance Lead

at Formerly Incarcerated College Graduates Network

🏢 About Formerly Incarcerated College Graduates Network

FICGN uniquely supports formerly incarcerated college graduates, helping them overcome systemic barriers and build careers. By joining, you contribute directly to social justice and second chances, working with a mission-driven team that values equity and impact over profit.

About This Role

As Fractional Finance Lead, you'll provide strategic financial oversight for a growing nonprofit, ensuring compliance across multiple states and guiding budget decisions. Your work directly enables the organization to scale its programs, making a tangible difference in the lives of formerly incarcerated graduates.

💡 A Day in the Life

Start your day reviewing emails from the outsourced accounting firm, then dive into monthly financial statements to ensure accuracy. Mid-morning, you might meet with the Executive Director to discuss budget variances, and in the afternoon, you'll prepare compliance documentation for a new state where FICGN has hired an employee.

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🎯 Who Formerly Incarcerated College Graduates Network Is Looking For

  • Experienced in nonprofit financial management (5+ years) with deep knowledge of GAAP and nonprofit accounting standards, ideally with a CPA.
  • Skilled in managing outsourced accounting relationships, reviewing financial statements, and ensuring accurate monthly close.
  • Proficient in QuickBooks Online and Excel/Google Sheets, with experience handling multi-state employer tax compliance.
  • Passionate about criminal justice reform and comfortable working remotely with a small, mission-driven team.

📝 Tips for Applying to Formerly Incarcerated College Graduates Network

1

Highlight specific experience with multi-state employer tax compliance and outsourced accounting firms in your resume.

2

Mention any familiarity with the unique financial challenges of reentry nonprofits, such as grant restrictions or fund accounting.

3

Quantify your impact: e.g., 'Managed $2M budget' or 'Reduced close time by 20%'.

4

Address your availability for a contract role and willingness to work 10-20 hours/week.

5

Include a brief note on why FICGN's mission resonates with you personally.

✉️ What to Emphasize in Your Cover Letter

['Emphasize your nonprofit financial management experience, especially with multi-state compliance and board reporting.', "Show understanding of FICGN's mission and how your skills can help them scale sustainably.", 'Demonstrate comfort with a fractional role and ability to provide high-level strategic guidance without being full-time.', 'Mention any CPA certification or advanced degree in accounting/finance.']

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🔍 Research Before Applying

To stand out, make sure you've researched:

  • → Review FICGN's website and recent annual reports to understand their programs and financial scale.
  • → Read about the challenges formerly incarcerated individuals face in employment and how FICGN addresses them.
  • → Learn about common nonprofit accounting pitfalls, especially for reentry organizations (e.g., restricted grants, payroll compliance).
  • → Check FICGN's LinkedIn and news mentions to see recent milestones or partnerships.
Visit Formerly Incarcerated College Graduates Network's Website →

💬 Prepare for These Interview Topics

Based on this role, you may be asked about:

1 How would you ensure accurate monthly close while working remotely with an outsourced accounting firm?
2 Describe a time you improved internal financial controls at a nonprofit.
3 How do you handle multi-state employer tax compliance, and what tools do you use?
4 What experience do you have preparing financial materials for a board or finance committee?
5 Why are you interested in supporting formerly incarcerated individuals, and how does this align with your career?
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⚠️ Common Mistakes to Avoid

  • Avoid generic cover letters; failing to mention FICGN's mission or the specific challenges of the role.
  • Don't overstate full-time availability; be clear about your capacity for a fractional role.
  • Don't ignore the multi-state compliance requirement; it's critical for this position.

📅 Application Timeline

This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.

Typical hiring timeline:

1

Application Review

1-2 weeks

2

Initial Screening

Phone call or written assessment

3

Interviews

1-2 rounds, usually virtual

✓

Offer

Congratulations!

Ready to Apply?

Good luck with your application to Formerly Incarcerated College Graduates Network!

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