Fractional CFO
What does it mean to be a Fractional CFO within the Escalon team? As a fractional CFO you could spend a few hours a month up to full time availably applying your technical and account management skill set across a variety of clients and industries. Are you an Industry Expert – Let us know!Our client serving teams offer industry focused verticals that span over; SaaS, Media & Entertainment, Consumer Packaged Goods, Life Sciences, Non-Profit and Private Equity specialties. What You’ll Do: The primary objective of the Fractional CFO is to oversee enterprise accounting and provide financial information about client company’s activities that will assist the client and its shareholders in making economic company decisions. This position is proactive and solution oriented, offering depth of experience to our clients in the fast-paced world of start-up accounting. This position will afford you a high degree of flexibility, the ability to focus on CFO-level work (with a US and global team who will handle the bookkeeping and transactional accounting), an opportunity to work with exciting companies, and a support network of experienced financial professionals. We are looking for stellar CFOs who have the experience, skills and desire to support a diverse and intriguing mix of businesses while building and managing strong client relationships. If you are ready to work with cutting-edge startup companies, founders, investors and stakeholders focused on results, this opportunity is designed for you. Day-to-Day Responsibilities also include:
- Provide insightful and trusted counsel to business leadership and the senior management team on both financial and broad-based business issues related to the overall performance of the company.
- Serve as a key member of the executive team in providing input regarding the financial implications of all major business decisions, as well as strategic input in shaping the company’s business objectives.
- Direct the work of an offshore team in all financial reporting including the provision of comprehensive monthly financial statements, and the development of forecasts and budgets.
- Enable aligned direction and value creation through effective short and long-range budgeting and forecasting
- Lead the treasury function including optimizing cash flow, providing guidance on debt facilities and supporting fundraising activity.
- Identify opportunities for improvement, cost reduction, and systems enhancement.
- Manage external relationships with auditors and tax preparers and oversee risk management, including insurance
- Oversee Corporate Governance and internal controls.
- Provide support on mergers and acquisitions and due diligence processes.
- Create and nurture partnerships across functional roles within our organization including our OneShore team located in India
- 10+ years in a financial role with at least 3+ years as a CFO
- Experience working with Venture- and Private Equity-backed companies
- Strong understanding of equity and debt financing
- Proven track record in successfully supporting growth using strong analytical skills and effective financial modeling
- Experience leading financial budgeting and financial planning process
- Ability to develop, improve, oversee and review corporate accounting functions
- Solid understanding of financial compliance requirements and experience implementing and managing financial policies
- Above average knowledge and understanding of GAAP
- High level of energy and ability to thrive in fast-paced, dynamic business environments
- Significant experience working with external auditors, internal controls, systems implementation and compliance.
- Successful at executing on business development, networking, and sales activities to build client base
- Above average communication and presentation skills
- Exceptional Leadership and team management skills, preferably globally focused leveraging an offshore team
- CPA and/or Master’s Degree preferred