Fractional CFO and Business Development Officer

Ascent CFO Solutions; United States; Remote; USD 80,000 - 100,000; Full time

Job description

Fractional CFO and Business Development Officer

At Ascent CFO Solutions, we are a leading Fractional CFO services firm dedicated to providing strategic financial leadership and insights to startups and SMEs. Our mission is to empower businesses to achieve financial clarity and sustainable growth. As we continue to expand our services and client base, we're looking for a passionate Fractional CFO/Business Development Officer to join our dynamic team of fractional financial professionals. You will provide strategic CFO services, lead client teams, and oversee the quality of deliverables to our diverse portfolio of clients as well as drive new business for our growing team. Your work will be meaningful and exciting, supporting businesses that are going through transformation, growth, process improvement, fundraising, preparing for an exit, and/or looking to acquire other companies.

Job Description:
This is a hands-on role for an entrepreneurial CFO who loves networking and sharing our story and wants to work with companies in diverse industries. You will have the opportunity to leverage your network to drive new business opportunities for the company. You will be the primary contact with your clients ensuring the highest level of client satisfaction with responsibility for timeliness, accuracy, and completeness of deliverables. On some engagements you will be leading a team of accounting staff and on others you may be providing only strategic level advice or identifying and guiding prospects through the sales cycle.

Our clients include cutting-edge startups, scale-ups, and private companies, in addition to VC- and PE-backed companies across a wide range of industries (Technology, SaaS, Professional Services, Construction, Manufacturing, eCommerce, Healthcare, CPG, FinTech, Real Estate, and more). We are looking for a CFO with a passion for business development with significant experience in these industries, especially those familiar with venture-backed companies and raising venture funds.

Primary Responsibilities for this role include:

• Working directly with CEOs and executive teams to develop and execute finance strategy
• Providing strategic business advice to clients
• Sharing the Ascent CFO story and explaining our value-adds to prospective clients and referral partners
• Preparing and maintaining financial models, rolling forecasts, and cash-flow forecasts
• Managing the budgetary process and analyzing budget vs. actual variances
• Assisting clients in fundraising and/or M&A activity
• Managing Ascent CFO and/or client resources to oversee/complete the month-end close and reporting packages
• Onboarding clients which may include an assessment phase
• Establishing and implementing appropriate accounting processes and internal controls
• Identification and tracking of key trends and metrics
• Development and maintenance of executive dashboards and KPI monitoring and reporting
• Coordinating and managing the annual audit and tax return process
• Financial reporting to key Board of Directors members and shareholders
• Utilizing cold calling, outreach, and networking to achieve results
• Maintaining a strong sales pipeline that enables revenue targets to be overachieved

The Ideal Candidate:

• 15+ years of experience in accounting and finance roles, with previous experience in a full-time CFO position
• CPA license or MBA preferred
• May not have formal Business Development or Sales experience, but enjoys networking and sharing our story with new and old friends and asking for referrals
• Experience as a strategic leader, most comfortable being the “right hand” to the CEO
• Considerable experience with building financial forecasts and cash flow models
• Significant experience raising capital in the venture capital space
• Passion for energetic leadership in the finance and accounting organization
• A strong network to generate new business leads
• Comfortable with being “hands-on” in accounting and ERP systems including QBOnline, NetSuite, Intacct, and other accounting packages
• Strong experience with MS Excel and Google Sheets

Compensation: $130-140/hour based on experience plus robust and lucrative commission compensation

Location: Colorado based employee preferred, remote role with some in-person meetings/events

Why Our Employees Choose Ascent CFO Solutions:

• Set your own schedule, choose the number of hours you want to work, generally between 15 and 35 hours/week, and work remotely (with in-person opportunities)
• Engage with a wide range of business matters across a variety of industries
• Connect with highly talented Ascent team members (CFOs, VPs Finance, Controllers, Accounting Managers, and Senior Accountants) who are ready and willing to collaborate and support you on projects
• Benefit from our strong 12+ year reputation in delivering custom engagements with a high level of accuracy, responsiveness, and expertise
• Work directly with smart entrepreneurs and business leaders who view you as a trusted partner in their companies

Benefits include:

• Employee health, dental, and vision insurance
• 401K match
• Quarterly stipend towards educational or professional development
• Paid sick and holiday time
• Promotion and mentoring opportunities

Ascent CFO Solutions is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills, and experiences within our workforce.