The Planetary Society’s Post

Managing your Career as a Chief Financial Officer (CFO)

I'm just gonna ask what we all must be thinking...what in the heck is a "Fractional CFO"? I've been in the finance world for 10+ years and I'm just now seeing it so I'm confused. Honestly I don't care about job titles or whatever a "Fractional CFO" would consider those words. In some of my work, Firefighter or Janitor would have been more fitting with all the fires needing put out and cleanup needed instead of Accountant. Call me whatever you want. I care so much more about the work, the people, and the compensation/benefits. You could offer me a job called "Jr. VP of Sr. Managing Directors for Business Accounting Finance". Cool! What the heck is that and what does it even mean? Lol Were there ever days when just having CPA after your name told you everything you needed to know due to the perceived prestige, knowledge, and expertise? Legitimate question.

Interim Financial Controller £300 - £350 a day – four days Harrogate Hybrid 3 months   Ready for your next interim Financial Controller gig with an "eco-friendly swag."? Here’s what you'll be doing: -Keep an eagle eye on all financial transactions. Think Sherlock Holmes with a calculator. -Ensure financial records are as spotless as a freshly cleaned solar panel. -Create and manage budgets that are tighter than ever. -Monitor expenses like a hawk so they can keep funding things that matter (like saving the planet). -Produce financial reports so clear and concise, they make War and Peace look like a short story. -Present complex financial data to non-financial folks without causing their eyes to glaze over. -Liaise with auditors and regulatory bodies with the charm of James Bond, minus the tuxedo. -Lead a small but mighty finance team with the charisma of a motivational speaker. -Train, mentor, and occasionally bribe (with a brew) the team to keep them performing at their best. This business cares about your results, not whether you’re at your desk at 9 am sharp. Click apply. https://lnkd.in/eNGJzEWU

A fractional CFO (Chief Financial Officer) is a part-time financial executive who provides high-level financial management and strategic advice to companies without being a full-time employee. This is ideal for small to mid-sized businesses that need CFO expertise but can't afford or don't need a full-time position. Responsibilities of a Fractional CFO - Financial Strategy: Develop long-term financial strategies and manage forecasts and budgets. - Reporting and Analysis: Prepare and analyze financial statements, ensuring compliance with standards. - Cash Flow Management: Monitor and optimize cash flow, ensuring liquidity. - Cost Management: Identify cost-saving opportunities and improve financial efficiencies. - Advisory Role: Provide strategic advice to the CEO and board, supporting decision-making. - Systems and Processes: Implement financial systems and controls to enhance efficiency. Benefits - Cost-Effective: Access to expertise without the cost of a full-time salary. - Flexibility: Services tailored to specific needs. - Expertise: Experienced in navigating financial challenges. - Objective Perspective: Offers unbiased strategic advice. Meet our powerful Fractional CFO team! @pivotbusinessgroup

Strategic CFO needed!

Navigating your business adventure and need to boost your financial game? For many SMEs, hiring a full-time CFO might be out of reach, but what if you could tap into their expertise, plus temporary gaps and improve your reporting and finance processes without a hefty price tag? Let's talk about a potential game-changing business move: hiring a fractional CFO 👉 https://lnkd.in/gCGeamE6 Ricky Jessop

In the dynamic world of small business management, making strategic decisions about your company’s financial health is crucial for growth and sustainability. While many small businesses start with DIY financial management or rely on accountants, there comes a point where hiring a Chief Financial Officer (CFO) can be a game-changer. In this blog post, we’ll explore seven compelling reasons why it might be the right time for your small business to bring a CFO on board. https://lnkd.in/gdzt4T5C

*A first-time CFO and a second-time CFO operate differently.* First-time CFO: • Stays within the finance team • Acts as a chief accountant officer • Focuses heavily on financial reports • Prioritizes cost-cutting for short-term results • Ensures accuracy but misses strategic opportunities Second-time CFO: • Implements tech to scale efficiently • Drives revenue while controlling costs • Uses data to lead strategy and growth • Builds strong relationships with stakeholders 👍👍👍

Running a business can feel like a constant juggling act, with no room for “one more thing”—like hiring a part-time CFO. We understand. When you’re busy managing daily challenges and focusing on growth, it’s easy to feel there’s no time to add anything else. But here’s the thing: thinking you're too busy for a part-time CFO might actually be keeping you in that cycle of cash flow problems and missed profit opportunities. Our 3-Step Profit Maximizer System isn’t here to add to your workload; it’s designed to simplify things by uncovering cash leaks and boosting profits without complex changes. Imagine having LS CFO Advisors handle those financial roadblocks, so you can focus on what you do best. Instead of spending time trying to patch up cash flow issues, let’s get to the root of them—and keep your business moving forward. Are you ready to step out of the cycle and see what’s possible? Click here ➡️ https://lnkd.in/eNs7MRfA.