Fractional CFO

Fractional CFO Engagement: Part-time consulting engagement for a U.S. client Work arrangement: Remote, with availability for scheduled U.S. business-hour meetings Time commitment: 15-20 monthly hours; additional availability may be needed during initial stabilization Compensation: To be discussed based on experience and agreed scope About Business Financial Group Business Financial Group (BFG) provides accounting, tax, payroll, and financial advisory services to U.S. businesses. We are seeking an experienced Fractional CFO to support a client engagement delivered through a partner advisory firm. Role overview The Fractional CFO will strengthen the client’s weekly cash flow visibility, improve forecasting reliability, and provide clear financial analysis for management decisions. This hands-on advisory role requires close coordination with the partner firm, BFG’s Fractional Controller, and the client’s accounting team. The professional will progressively assume leadership of recurring cash flow meetings under the partner firm’s oversight. Key responsibilities Cash flow and liquidity oversight Review bank balances, expected customer collections, vendor payments, debt obligations, and other near-term cash commitments; identify liquidity risks and decisions requiring management attention. Prepare a concise, one-page weekly cash flow summary before the scheduled Monday review meeting, with practical recommendations and follow-up actions. Participate in weekly cash flow reviews and progressively lead the discussions in line with the agreed transition plan. Forecasting and financial data reliability Review and maintain financial projections in Clockwork, perform weekly forecast-to-bank tie-outs, and investigate material differences between projected and actual cash balances. Review recurring obligations, assumptions, and forecast mappings; coordinate corrections with the Fractional Controller and monitor reconciliation against agreed variance tolerances. Monitor the timeliness and completeness of customer invoices and vendor bills in QuickBooks Online (QBO). Escalate material delays affecting forecasts to the partner firm on the same business day. Financial analysis and financing support Support the Fractional Controller with analytical reviews of loan balances, advances, repayments, accrued interest, and inventory balances; identify discrepancies and their reporting implications. Coordinate a financing support package comprising trailing twelve-month profit and loss, current balance sheet, year-to-date financial statements, debt schedule, accounts receivable aging, and a 13-week cash flow projection. Review the package for apparent inconsistencies and submit it to the partner firm for review and authorization before external distribution. Action tracking and collaboration Maintain the 90-day financial action tracker before each weekly meeting, documenting progress, overdue actions, dependencies, and decisions needed. Coordinate financial findings and executive communications with the partner firm; work effectively within its branding and client communication arrangements. Maintain confidentiality, document work and recommendations, track time against the agreed allocation, and promptly flag additional capacity needs. Required qualifications and experience Bachelor’s degree in accounting, finance, or a related discipline. Substantial progressive finance experience, including responsibility as a CFO, Fractional CFO, Finance Director, or equivalent senior financial advisor serving U.S. businesses. Demonstrated hands-on expertise in cash flow management, short-term liquidity planning, financial forecasting, and explaining forecast variances. Strong working knowledge of QBO, financial statements, U.S. accounting practices, debt schedules, and accounts receivable and payable analysis. Experience with Clockwork or comparable forecasting software, with the ability to work independently in Clockwork following onboarding; strong Excel or Google Sheets skills. Clear professional English, confidence leading management discussions, sound judgment, and the ability to turn financial findings into practical recommendations. Ability to deliver reliably within a limited monthly allocation, attend recurring meetings, and respond promptly during agreed communication windows. Preferred qualifications CPA, CMA, CA, MBA in Finance, or a comparable professional qualification. Experience preparing lender reporting packages, supporting financing applications, and advising businesses with liquidity constraints. Experience with inventory-based businesses, manufacturing, beverage production, or spirits; familiarity with Proof 8 is an advantage. Prior fractional advisory or outsourced finance experience and collaboration through Slack and shared Google Drive workspaces. Working relationships and scope The role focuses on cash flow advisory, forecasting oversight, and financial analysis. The Fractional Controller retains ownership of month-end close, accounting reconciliations, and adjustments. The partner firm retains the client relationship, overall financial strategy, financing negotiations, long-term planning, and exit advisory. Additional responsibilities require an agreed scope change. Application Instructions Applicants are requested to submit their resume in PDF format when completing the application.