Fractional CFO

RecruitMyMom; United States; À distance; USD 8 900 - 13 000; Temps partiel

Avantages offerts par ce poste

Part-time Independent contractor

Résumé du poste

RecruitMyMom is seeking a remote fractional CFO to provide expert financial oversight, model review, and strategic structuring advice for a growing SME. The role focuses on stress-testing financial models, regulatory compliance, and high-level funding assessments, on an ad-hoc basis with 4–5 hours per month.

You will work directly with company directors and the internal finance contact, reviewing loan book performance, pricing strategies, and tax efficiency without day-to-day bookkeeping

Qualifications

• Recognised professional accounting qualifications; CA(SA) preferred, ACCA/CIMA acceptable.

Responsabilités

• Review and stress-test financial models, budgets, forecasts, and business cases prior to submission.
• Check and correct model logic, formulas, and assumptions (growth, costs, margins, taxes).
• Conduct scenario/sensitivity testing for contracts, capital purchases, or pricing changes.
• Provide written/verbal risk assessments, fixes, and challenges before finalising models.
• Perform monthly diagnostics on balance sheets, income statements and cash flow to monitor liquidity and profitability trends.
• Track key metrics and ratios against prior periods to flag early red flags.
• Advise on capital allocation, debt vs equity funding, and tax-efficient structuring.
• Review bi-annual funder reports including arrears, book performance, and credit calculations.

Connaissances

Financial modelling

Regulatory compliance

Cash flow management

Budgeting & forecasting

Stakeholder communication

Formation

CA(SA) preferred

ACCA / CIMA

Outils

Sage

Microsoft Excel

Description du poste

This is a remote position. Starting at approximately 4 to 5 hours per month, this remote fractional position provides expert financial oversight, model review, and strategic structuring advice for a growing SME. The primary focus is to review and stress-test financial models, diagnose current financial standing, and ensure full compliance across regulatory and tax obligations before key business decisions are executed. Working on an ad-hoc, project-commissioned basis, this role serves as a trusted oversight partner to company directors and works directly with the internal finance contact. The position offers high-level strategic involvement in reviewing loan book performance, refining pricing strategies, and evaluating funding structures without handling day-to-day bookkeeping.

Key Responsibilities

• Review and stress-test new or updated financial models, budgets, forecasts, and business cases prior to submission to prospective partners or management.
• Check and correct model logic, formulas, and underlying assumptions including growth rates, cost escalation, margins, and tax treatment.
• Conduct scenario and sensitivity testing (best, base, and worst case) for material decisions such as contract terms, capital purchases, or pricing changes.
• Provide clear written or verbal opinions detailing risk areas, recommended fixes, and elements to challenge before models are finalised.
• Perform monthly diagnostics on balance sheets, income statements, and cash flow to monitor liquidity, solvency, working capital, and profitability trends.
• Track key metrics and ratios—including current ratio, gross margin, debtor days, debt-to-equity, and interest cover—against prior periods to identify early red flags.
• Identify cost lines to renegotiate or cut, evaluate pricing strategies to improve margins, and optimize working capital collection cycles.
• Advise on capital allocation, debt-versus-equity funding, facility consolidation, and contract payment terms to optimise tax efficiency and lower interest costs.
• Review, edit, and finalise bi-annual funder reports covering claims book performance, arrears, book quality, and required credit calculations (including NROC).
• Reconcile reported metrics against internal tracking systems and flag potential covenant risks early.
• Oversee compliance and identify gaps across CIPC requirements (Companies Act 71 of 2008), SARS corporate/provisional tax, VAT, PAYE/UIF/SDL, financial reporting frameworks (IFRS for SMEs/full IFRS), B-BBEE, POPIA, COIDA, and relevant statutory obligations.
• Conduct an initial assessment of the business's regulatory footprint within the first weeks of engagement.

Requirements Essential Requirements

• A recognised professional accounting qualification (CA(SA) preferred, or ACCA / CIMA.
• Prior experience as a CFO, Financial Manager, or Financial Consultant to SMEs, ideally working in a fractional, portfolio, or part-time capacity.
• Proven experience in preparing or reviewing funder and covenant reporting for loan or debtor books, including arrears, book performance, charge-off, and recovery metrics.
• Strong regulatory fluency in South African tax (SARS) and Companies Act/CIPC requirements.
• Ability to work autonomously on an ad-hoc, project-based model.
• Excellent communication skills with the ability to translate technical financial details into plain language and clearly articulate risks.

Desirable Requirements

• Experience or familiarity with FSCA/FAIS, FICA, and the Debt Collectors Act.

Required Software Skills

• Sage
• Microsoft Excel

Benefits

• Part-time Independent contractor