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 Controller Services include:
- Quarterly call to review financial performance and KPIs
- Monthly 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
- Creating financial report packages including Profit & Loss Statement, Balance Sheet, and Cash Flow Statement
- 13 week Cash Flow Forecast
- Coordination with CPA firm on tax matters
- Ongoing communication – ready to answer questions in between scheduled meetings
- Recommended for businesses in the $2M-$5M revenue range
- 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