Whether you're hiring a fractional CFO or positioning yourself as one, having a clear job description is essential. With 90+ monthly searches for "fractional CFO job description," both sides of the market need clarity on this role.
Fractional CFO Job Description Template
Role Overview
The Fractional CFO provides part-time, strategic financial leadership to [Company Name]. This role is responsible for financial planning, cash management, reporting, and serving as a financial advisor to the CEO/leadership team. The Fractional CFO works [X hours per week/month] and reports directly to the CEO.
Key Responsibilities
Financial Planning & Analysis
- Develop and maintain annual budgets with quarterly re-forecasting
- Build financial models for strategic decision-making
- Perform variance analysis and communicate insights to leadership
- Create scenario analyses for growth initiatives, hiring decisions, and investments
Cash Flow & Treasury Management
- Maintain 13-week rolling cash flow forecast
- Optimize working capital (AR collections, AP timing, inventory management)
- Manage banking relationships and credit facilities
- Monitor and report on cash runway
Financial Reporting
- Deliver monthly financial packages within 10 business days of month-end
- Build and maintain KPI dashboards
- Prepare board-ready presentations (if applicable)
- Ensure GAAP compliance in all reporting
Strategic Advisory
- Serve as a financial thought partner to the CEO
- Provide data-driven input on pricing, hiring, and growth decisions
- Support fundraising efforts (financial models, due diligence, investor materials)
- Identify financial risks and opportunities proactively
Team & Process
- Oversee bookkeeping/accounting staff and workflows
- Implement and improve financial systems and processes
- Optimize month-end close process
- Evaluate and implement financial technology
Qualifications
- 7+ years of progressive financial leadership experience
- CPA, CMA, or MBA preferred
- Experience with [industry] strongly preferred
- Proficiency with modern accounting and FP&A tools (QBO/Xero, Fathom/Jirav, Excel)
- Strong communication skills — ability to explain complex financials to non-financial stakeholders
- Experience with companies at $[X]M-$[Y]M in revenue
Engagement Terms
- Commitment: [10-20] hours per month
- Duration: Initial 3-month engagement with monthly renewal
- Compensation: $[X,000]-$[Y,000] per month
- Location: Remote with [monthly/quarterly] on-site availability
Using This Template as a Fractional CFO
If you're building a fractional CFO practice, adapt this template to create your own service description. Key tips:
- Customize by industry — Replace generic language with industry-specific terms
- Include deliverables — List exactly what the client gets each month
- Set expectations — Hours, response times, meeting cadence
- Add your differentiators — What makes you different from other fractional CFOs?
Get Started
Fractional CFO School teaches you how to build and position your fractional CFO practice. Our free Advisory Starter Kit includes proposal templates, engagement letters, and pricing calculators.
Ready to Build Your Advisory Practice?
Fractional CFO School teaches bookkeepers and accountants to become high-earning fractional CFOs and advisory professionals.