A Fractional (Part-Time) CFO performs all the same functions as a full time CFO- without having to pay for a full-time CFO. These include:
- Routine bookkeeping and month-end accounting
- Forecasting cash, revenue, expenses and profit
- Annual budgeting
- Monthly budget vs. actual analysis
- Strategizing with management and providing financial expertise
- Managing cash flow
- Maintaining relationships with banks
- Analyzing acquisition costs and projected ROI
- Working with CPAs on annual tax filings
- Performing due diligence and valuation on business acquisitions