Top 12 fractional cfo chief financial officer consultants & consulting firms

The part-time cfo’s role will be to examine the company’s health through a financial lens. The cfo will have a strong background in finance and will be able to offer operational, strategic, and fiscal advice. Cfo selections has been operating out of seattle, washington, since its formation in 2002. They provide fractional, interim, and project-based cfos to businesses and nonprofit organizations.

They also offer specialized services tailored to fit tech companies, saas companies, ecommerce businesses, and food and drink startups. Cfo share focuses on strategic financial planning for small to mid-sized businesses and startups. Our financial management team of former big four experts with fortune500 experience makes data talk—and industry reporters listen. Our financial management consulting firm is a team of former cfos, controllers and big four alumni who leverage time-tested methodologies that have performed well for decades. Our group’s years of combined c-suite experience across multiple financial niches deliver fast, superior results that you can trust. Bcg engaged with a global investment bank to accelerate its finance transformation and address key operating model questions.

Interact with your most important metrics, kpis, forecasts, budgets, and actuals so you can refine and invest where it counts. According  to gina gutzeit, who leads the practice globally, the launch comes at a time of strong demand from clients for expertise that can help them “navigate a complex environment” and “create sustainable value for their organisations”. We collaborate with the leadership team of our divisions – cio, cro, chro, coo and cxo – to ensure our  clients have integrated solutions for their organizations. Our expert's experience was immediately evident through his insightful questions and the speed at which we could move.

Whether you require assistance with financial analysis on a project basis or need ongoing support through a fractional cfo services agreement, these professionals adapt to the role that best serves your startup. Their flexible approach allows you to benefit from experienced cfo services without the overhead of a full-time cfo. Alternatively, if the cfo charges a fixed monthly fee, it implies a commitment to dedicate a specific amoun Starting a Fractional CFO Business t of time, often one full day per week, to the client’s business. However, it’s crucial to ensure that the cfo isn’t overextended, as this could compromise the quality and value of their service. Another item to note is that many startups have their executive meeting on monday mornings - which can make it impossible for an outsourced executive juggling multiple clients to appear on every client’s monday morning call. Rather, business founders should opt to take a chief operating officer title and preserve full time positions, especially during the early stages.

Fractional cfo’s are often brought into an organization to help you achieve a specific goal such as raising capital or preparing for a sale, merger, or acquisition or optimize your forward-facing financial visibility. Not every fast-growth company needs a fractional cfo, but when it’s time, it’s time! Past series d, a startup will usually hire a full-time cfo to manage the now growing accounting department, expecting to pay $240k+. However, before you reach series d, you’ll want to look seriously at hiring for this role, either part time or full time.

All startups should consider hiring a fractional cfo at least a minimum of one quarter before a new fundraise to avoid overloading the startup ceos during a fundraise. Cash flow is what keeps your lights on, your employees paid and your company moving forward, and yet it is one of the most challenging financial elements to plan for. Our fractional cfo consultants have decades of experience navigating these challenges and can build models and strategies to chart your path to health, growth, and value. Flg often advises ceos, cfos, boards, audit committees, investors and lenders on matters including ipos, complex accounting issues, operating strategies, due diligence, m&a and restructurings. In addition, partners sit on boards, typically on the audit, finance, crisis management, cybersecurity and compensation committees. Deloitte refers to one or more of deloitte touche tohmatsu limited, a uk private company limited by guarantee (“dttl”), its network of member firms, and their related entities.