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When should you consider hiring a fractional CFO ?

A fractional or as it is also called, an outsourced CFO (CFO) is a person with CFO experience who assists organizations with their financial tasks on a part-time basis, either on a fee basis or usually on a contract basis. This is different from an interim CFO, who is usually hired full-time for a period of time to fill the gap until the position is hired on a fixed basis.

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What is a financial controller?

The role of a financial controller (FC) can be difficult to define. This integral and senior accounting position combines pure accounting, finance strategy and leadership. The FC generally reports to a finance director or CFO and is responsible for the accounting operations of an organization, making sure they run smoothly. A key player in the organization, they keep an eye on the company’s finances ensuring that there are no surprises at the end of the quarter.

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