Fractional Chief Financial Officer

Lock Search Group; Toronto; Hybrid; CAD 250,000 +; Part time

Job summary

A leading recruitment firm is seeking a Fractional Chief Financial Officer (CFO) in Downtown Toronto to provide senior-level financial leadership in a private equity setting. The ideal candidate will have prior CFO experience, a strong background in financial strategy, and the ability to work in a dynamic, hands-on advisory capacity. This role requires being on-site two days a week and offers an opportunity to significantly influence financial strategies while collaborating with the executive team.

Qualifications

• Must have prior CFO experience within a private equity firm.
• 5-8 years of experience with private equity-backed organizations.
• Strong background in financial strategy and FP&A.

Responsibilities

• Provide strategic financial leadership aligned with business objectives.
• Oversee financial planning, forecasting, and budgeting.
• Support value creation initiatives including operational improvements.

Skills

Financial strategy

Forecasting and budgeting

Cash flow management

M&A activities

Education

CPA designation

MBA or advanced degree

Job description

Fractional Chief Financial Officer (CFO) - Downtown Toronto - 2 days/week - PE firm

Toronto, ON (Hybrid)

Our client, a private equity firm, is seeking an experienced Fractional Chief Financial Officer to provide senior‑level financial leadership during a key phase of growth and transformation. This role is ideal for a hands‑on finance executive who thrives in dynamic, fast‑paced environments and can operate as a true strategic partner to ownership and executive leadership. The Fractional CFO will be responsible for shaping financial strategy, strengthening financial discipline, and supporting value creation initiatives while working closely with the leadership team and investors.

Key Responsibilities

• Provide strategic financial leadership aligned with business objectives and private equity priorities.
• Oversee financial planning, forecasting, budgeting, and cash flow management.
• Strengthen financial reporting, controls, governance, and compliance frameworks.
• Support value creation initiatives including operational improvements, margin optimization, and growth planning.
• Lead or support M&A activities, due diligence, integration, and capital structure initiatives as needed.
• Act as a trusted financial advisor to the executive team and key stakeholders.

Qualifications

• Must have prior CFO experience within a PE firm.
• 5‑8 years prior experience working with private equity–backed or sponsor‑owned organizations.
• Strong background in financial strategy, FP&A, cash management, and value creation initiatives.
• CPA designation required; MBA or advanced degree considered an asset.
• Ability to operate in a fractional, advisory capacity with a hands‑on mindset.
• Comfortable working in a confidential environment with evolving priorities.
• Ability to be on site – Downtown Toronto – 2 days per week.

Interested? Please contact Ben Lamarche: [e-mail]. Thank you in advance for your interest; only individuals deemed to have the skill set and experience to fit the role will be contacted.

Lock Search Group is a National Executive Recruitment firm with multiple offices in Canada and in Boston, a staff of more than 30 Consultants and Associates, and expertise in 11 major disciplines. Our mission is to provide exceptional Recruitment and Consulting Services to clients and candidates. We apply our experience and expertise to deliver solutions with a personalized approach that focuses on client needs and candidate goals.