Fractional CFO

Coveted Financial Services • Full-time • Schaumburg, Illinois, United States • $70k - $150k / year • 1m ago

Join a fast‑growing fractional CFO firm supporting small and mid‑sized businesses. We’re seeking an experienced, client‑facing Fractional CFO to lead financial operations, deliver clear insights, and guide business owners on budgeting, forecasting, and cash‑flow strategy. This role is remote with periodic on‑site client visits.

No business development required — clients are assigned directly to you. Your focus is delivering exceptional financial leadership, not selling or sourcing new accounts. Clients are brought to you by leadership and the business development team. If you choose to pursue your own BD efforts, you are welcome to do so but it is not required.

Key Responsibilities

Manage financial analysis, reporting, budgeting, forecasting, and cash‑flow planning for assigned clients
Serve as the primary financial advisor to business owners; review financials monthly
Review and validate team‑prepared financial deliverables for accuracy and quality
Build financial models for forecasting, budgeting, and scenario planning
Identify opportunities to improve profitability and cash flow
Translate financial data into actionable recommendations for business owners
Advise on capital structure, growth planning, and risk management
Collaborate with accountants, attorneys, bankers, and internal team members
Support client financing needs with knowledge of commercial lending structures
Maintain documentation, timelines, and client communication

Workload Expectations

Manage approximately 6–10 clients with team support
Client retainers typically range from 10–20 hours per month
Core client size ranges from $5 million to $100 million in annual revenue

Qualifications

Bachelor’s degree in Finance, Accounting, Business, or related field
5+ years in a Finance Manager, Controller, Consultant, or similar client‑facing role
Experience in banking, finance, or accounting
C&I banking experience is a plus

Preferred Skills