Fractional CFO
Hiring a full-time CFO can be costly. The average CFO salary is roughly around $25,000 per month. Once taxes and benefits are added, a business could be looking at $32,000 per month for a single hire. If a business gets the CFO hire wrong, it could severely damage the business’s financial position, reputation, and shareholder confidence.
When you work with Delphi Advisory, you get the same premium finance and accounting advice without the expensive full-time commitment. No payroll taxes, no benefits, and no high priced G&A hire.
Fractional CFO Services include:
- Monthly call to review financial performance and KPIs
- Weekly call to discuss management and financial items
- Assistance with closing month end, quarter end, year end including review of journal entries
- Annual budgeting and quarterly forecasting
- Technical accounting support including ASC 606, 842, 718, and purchase price accounting
- Creating financial report packages including Profit & Loss Statement, Balance Sheet, and Cash Flow Statement
- 13 week Cash Flow Forecast
- Coordination with CPA on tax matters
- Assistance with raising capital via complex debt or equity securities
- M&A support including due diligence, valuation, financing and implementation
- Ongoing communication – ready to answer questions in between scheduled meetings
Recommended for businesses with revenue greater than $5M
About
Fractional CFO
Fractional CFOs deliver a variety of services to assist businesses in managing their financial functions. These seasoned experts specialize in areas such as financial strategy, cash flow management, and risk assessment, empowering organizations to confidently steer through the intricate world of finance. Engaging a fractional CFO comes with numerous advantages for companies. Primarily, it ensures improved financial oversight, guaranteeing that financial operations are effectively administered and adhere to industry standards. With their wealth of knowledge and experience, fractional CFOs provide valuable insights and direction.
Delphi is the best of both worlds. I don’t have to pay the full salary of a CFO but get all of the benefits! Win-Win
Dr. William B. Bronson
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