Fractional Chief Financial Officer (Consulting) - Hybrid Salary: based on experience

About Us: Our team enjoys summer hours, professional development opportunities and additional perks throughout the year. Morreale Communications works out of a custom office in Rosemont, IL. The office is within walking distance to shopping, dining and special events with free parking and transportation from the CTA Blue Line. While we will continue to offer a flexible work schedule, we are only considering candidates who are enthusiastic about being in the office to collaborate with their colleagues 2-3 days per week.

Morreale Communications is an award-winning woman-owned public relations firm with a specialty focus in the areas of Transportation, Infrastructure & Mobility, Health & Wellness, Energy & Utilities and Public Affairs.

We pride ourselves on our commitment to excellence, innovation, and integrity in all aspects of our operations. As we continue to grow and expand, we are seeking a highly skilled and experienced Chief Financial Officer (CFO) to join our dynamic team.

Position Overview:

This executive role is key to supporting growth, leading financial operations, and driving long-term success across our business. The Fractional CFO will play a pivotal role in driving the financial strategy and operations of a well-established and growing female-owned public relations firm in Chicago. Reporting to the firm’s founder and Chief Executive Officer, you will be responsible for maintaining financial integrity, implementing best practices, and providing strategic financial guidance to support our continued growth and success. This person must be grounded in data-based metrics to analyze and report on current financial status while driving the leadership's vision for growth and expansion.

Priorities (first 30 days):

Identify opportunities to maximize profit and reduce costs for the remainder of 2025
Review current employee utilization targets and overall workforce capacity and set goals for 2026. Make recommendations to leverage existing resources and maximize productivity
Project health: project review to ensure we are maximizing profit. Establish best practice and train project leads on how to properly manage and maximize project budgets
Establish staff hourly rate sheets
Support a PSA/ERP transition

Priorities (first 60 days):

Project health: project review to ensure we are maximizing profit. Establish best practice and train project leads on how to properly manage and maximize project budgets
Review accounting process and procedures, make recommendations for updates and improvements

Priorities (first 90 days +):

Identify cost saving measures to reduce overhead and maximize profit
Build 2026 forecast
Establish 2026 annual operating budget

Key Responsibilities:

Financial Analysis and Reporting:
Make recommendations to optimize accounting team including the functions of payroll, invoicing, accounts payable, accounts receivable and insurance
Conduct in-depth financial analysis to drive informed decision-making and strategic planning
Meet regularly with CEO to report on financial statements, forecasting and strategic financial planning
Prepare accurate and timely financial reports, including monthly, quarterly, and annual statements
Analyze financial data and trends to identify areas for improvement and cost-saving opportunities
Present financial reports and analysis to senior management and stakeholders
Work with project leads to routinely review project scope and budget to drive project health and budget goals
Coordinate with contracted CPA on tax filings and reports
Budgeting and Forecasting:
Work with CEO to develop and manage annual budget that aligns with company growth plan and financial goals
Lead the annual budgeting process, working closely with department heads to develop comprehensive budgets aligned with organizational goals
Monitor budget performance and variance analysis, providing insights and recommendations for corrective actions as needed
Develop rolling forecasts to support long-term financial planning and decision-making
Meet regularly with project leads on project forecasting and planning to ensure well-thought-out staffing and hiring plans that support existing client workloads and new client growth
Internal Controls and Compliance:
Establish and maintain robust internal controls to safeguard company assets and ensure compliance with regulatory requirements
Conduct regular audits and risk assessments to identify control weaknesses and implement appropriate measures to mitigate risks
Stay abreast of changes in accounting standards and regulations, ensuring compliance and adherence to best practices
Team Leadership and Development:
Provide leadership and guidance to the finance team, fostering a culture of collaboration, accountability, and continuous improvement
Mentor and develop staff members, empowering them to achieve their full potential and contribute effectively to the organization's objectives
Foster a positive work environment that promotes professional growth and development
Establish and manage KPI’s and bonus packages for executive leadership

Position Qualifications:

Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred
Minimum of 10 years of experience in financial analysis and control roles, preferably in a large organization
Collaborator that enjoys mentoring and the development and implementation of process and procedures to advance financial objectives
Deep understanding of financial principles, accounting standards, and regulatory requirements
Proven track record of implementing best practices and driving process improvements
Strong analytical skills with the ability to interpret complex financial data and trends
Excellent communication and presentation skills, with the ability to convey financial information effectively to diverse audiences
Proficiency in financial software and ERP systems; advanced Excel skills required
Demonstrated leadership experience with a focus on team development and performance management
Must have the ability to work a hybrid schedule in the Morreale office 2-3 days per week

Joining Morreale Communications offers an exciting opportunity to make a meaningful impact in a dynamic and collaborative environment. If you are a strategic thinker with a passion for finance and a drive for excellence, we invite you to apply for the CFO position and become part of our dedicated team.

Morreale Communications is an equal opportunity employer and is committed to diversity and inclusion in the workplace. We encourage applications from qualified individuals of all backgrounds.

Commitment to Morreale Core Values

View our Core Values video here!

Our core values represent the beliefs, philosophies and principles that define who we are and how we do business. We are looking for a candidate who demonstrates commitment and character to upholding the Morreale Core Values in all they do.

Accountability: Own it and honor our commitment to others
Diversity: Embrace diverse perspectives and foster a culture of inclusion
Excellence: Think big. Be bold and make every action count
Integrity: Be honest, respectful and trustworthy. Always do the right thing
Collaboration: Stronger together. Elevate each other’s unique abilities to build on our collective strength

About Morreale Communications:

Founded in 2006, Morreale Communications has grown to become a leading strategic communications agency working at the intersection of business, media, policy and people. Driven by the desire to empower our clients by elevating their voices during times of change, crisis and opportunity, Morreale offers an integrated suite of solutions. Core capabilities include strategic message development, stakeholder engagement, branding and creative strategy, digital & social communications, diversity & inclusion, policy strategy and media relations. Morreale is a certified WBE/WBENC agency bringing unrivaled experience from a wide range of backgrounds to provide deep insights and counsel to our clients.

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Fractional CFO