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re: Fractional CFO
Posted on 1/13/26 at 10:56 am to OceanMan
Posted on 1/13/26 at 10:56 am to OceanMan
quote:
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Posted on 1/12/26 at 11:54 am to Rex Feral
I do this line of work. We find it is really helpful for companies that can, or have hired someone at $150k+ a year as their accounting lead but struggle to see value, and basically have them as a very expensive admin that they have to deal with employee problems of a FT employee (sick kids, vacations, etc). Especially when that person is in charge of all accounting, they may struggle with higher level analysis. This problem gets worse the more qualified/compensated that individual is, because they are still just one person.
I agree it has value for many businesses. I just find the expression (CFO) a reach. It is second accountant work. I say this as a CPA and not as as shot at us - but there is more to the CFO title then the accounting function and most of these fractions (Now CFO, CFO Hub etc) are simply doing the accounting function.
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