A Fractional CFO is a financial executive who leads a company's finance strategy, sales development, growth opportunities, and finance department on a part-time or contract basis rather than as a full-time employee.
A Fractional CFO's responsibilities typically include building an 📝Integrated Financial Model (IFM) and setting short- and long-term finance strategy, producing 📝Startup Business Engineering metrics, supporting fundraising initiatives, and solving finance problems that must be resolved quickly. The role also covers leading the finance department, including hiring and building a team, and working with outsourced agencies.
Beyond these duties, a Fractional CFO acts as the organization's C-suite financial strategist, helping it reach its financial goals. The Fractional CFO works closely with both company leadership and the finance team, executing strategy day to day. The model parallels the 📝Fractional CMO, which applies the same part-time executive structure to marketing, and it relates to the finance-department systems built by 📝BrightZen Systems.