Job Details
Fractional CFO
ScaleUp Financial Solutions partners with startups and high growth companies providing a full range of finance and accounting services on a fractional basis. We work with fun and interesting entrepreneurs to help them grow and achieve their dreams. We hire top talent by compensating better than our competitors so our clients receive individualized support that fits the unique needs of their business.
Our core values are lead with integrity and transparency and provide excellent services to our clients while putting our employees first. We believe the fractional model provides flexibility to our team to fit their personal needs and desired work schedule. We have designed our compensation so we retain excellent talent and don t overburden our team with too many clients so they can respond to clients when clients needs them most. We are 100% remote team. We do prefer candidates located in the state of Colorado. You tell us how many hours a week you want to work. We believe client needs should be met first and we fully support taking time away from your desk to ski, hike, go to a child s event or do what you need to do in your life.
We are looking for a dynamic CFO to join our fast-growing team to work with multiple clients providing fractional CFO services. You will partner with both client and ScaleUp personnel to support a broad range of industries to help clients succeed in their goals and growth.
Responsibilities
- Serve as a trusted advisor to clients providing insight, recommendations and solutions
- Manage multiple clients and accounting staff on those clients to ensure finance and accounting functions are completed in the desired timelines and financial reporting is produced in accordance with the client needs
- Work with client to team to design and produce required reporting including financial statements, KPI tracking, investor and board reporting and budget to actual reporting
- Prepare and maintain financial models, forecasts and cash flow models
- Evaluate and recommend reporting and data analysis that would provide additional transparency for decision making
- Oversee GAAP accounting
- Ensure accounting processes and policies are documented
- Advise clients on business strategy including capital planning and fundraising, pricing, margins, execution, corporate structure, tax planning, HR policies and stock issuance
- Partner with Client team during fundraising process providing input to presentations, negotiating term sheets, modeling pro forma cap tables and responding to due diligence
- Assist in M&A activity including buy and sell-side due diligence, exit planning and negotiation of terms
- Prepare various ad-hoc reports as required by client
- Work with tax advisors to ensure compliance and filings are completed
- Produce financial reports in various formats and views as required by the client
- Coordinate the year-end close process with external auditors if needed
- Assist with training staff as needed
- Manage accounting and other integrated systems
- Prepare variance analysis
- Manage relationships with banks and other third parties as needed
- Other duties as may be assigned
Requirements
- 10+ years of finance and accounting experience with a minimum of 5 years as a CFO
- Bachelor s degree in accounting, finance or business or relevant experience
- CPA and MBA preferred
- Strong knowledge of GAAP
- Experience working with start-ups and venture backed companies
- Experience raising venture capital
- Experience working across a variety of industries
- Expertise in financial modeling, forecasting, KPIs and FP&A
- Preferred experience working in a client facing, billable hour environment, managing multiple clients/engagements
- Excellent communication skills with the ability to prioritize and work across different teams
- Advanced working knowledge of QBO and Excel is required, preferred experience working with Bill.com and Gusto and ability to learn and use new software systems
- Ability to communicate effectively with co-workers and management
- Experience with M&A transactions is a plus
- Strategic thinker and solution oriented with a roll-up your sleeves mentality
- Experience working across the C-Suite, in the board room and with investors
- Experience working in a fractions role, highly preferred
- Colorado, Arizona, Tennessee and Washington based candidates highly preferred
This is a part-time position of 10-20 hours a week that can grow into a full-time position of approximately 35 hours a week, if you desire full-time hours.
Compensation
Our compensation model is designed so you share in the success of the firm. You are compensated on a commission basis where we pass through a percentage of collected billings to you. As a CFO your commission will work out to be between $140 and $170 per hour. We have a full set of benefits for full-time employees including health, dental, medical, 401k and PTO. We work with you to establish the targeted hours you want to work and align you with the right clients to meet your objectives.
To apply please send a cover letter, compensation requirements and a resume to ...@scaleupfs.com