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Fractional Finance Manager

Hire an Experienced Fractional Finance Manager Today

If your organization has grown significantly in recent months, you may find that your finance department could use some additional guidance or support. If you’re not ready to hire a full-time employee, a fractional finance manager may be the ideal solution for your business.

Available from as little as 2 days a month to three days a week, our catalog of experienced part-time finance professionals are on-hand to help you to reach your financial goals. Take the next step in your business’ journey by contacting Hire CFO to discuss your options today.

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The Role and Responsibilities of a Fractional Finance Manager

Our experienced part-time finance managers can assist you with a wide range of tasks, including but not limited to:

  • Setting up or refining your current financial processes, by recommending ways to streamline or automate them
  • Devising or reviewing budgets to ensure they will support your organization’s overall financial objectives
  • Creating dashboards to monitor existing KPIs and advising on the best metrics to track success
  • Providing detailed reports to management and liaising with individuals at all levels of your company’s hierarchy
  • Using their experience of data analysis and financial planning to accurately forecast and make plans for the following financial year

These are just some of the tasks that our pool of experienced finance managers can assist with. Whether you’re looking for a part-time manager, or just somebody to assist your financial department one day a week, Hire CFO will help to find the ideal fit for your business needs.

How can a fractional finance manager support your business?

Finance ManagerFractional finance managers can provide your business with the guidance and support needed to achieve your financial goals, without the need to find a full-time salary in your budget. Fractional finance managers offer a flexible service, helping your business to grow and meeting you where you’re at. Part-time financial services are a great option for business during a period of growth where you require additional help, but may not be in a position to hire for a full-time position.

Fractional finance managers can also be a great interim solution to cover paternity leave, long-term sickness, or support your team through a transitional period. We work both with established businesses and start-ups, connecting them to professional finance managers that will work from two days a month to three days a week, depending upon your needs.

How Hire CFO connect businesses with their ideal candidate

At Hire CFO, we use our industry expertise and wide network of fractional finance professionals to connect you with the perfect candidate, based on your business needs. Whether you’re looking to scale operations or refine your existing processes, we can locate a qualified candidate seeking a part-time position.

With over 25 years working with SMEs, we understand the needs of a growing business and will work with you to identify the finance professional who can help take your organization to the next level.

Testimonials

We engaged with Hire CFO to completely run and manage our funding raising campaign on Seedrs. We raised 103% of our target with over 325 investors which was hugely successful. Thanks to all involved."

Marek Rudzki, COO, Flagship Reporting

Hire CFO set up our real estate reporting and produced business plans for fundraising. James was extremely knowledgeable and as an additional bonus we continually save 40% on employment costs. We honestly can't operate our business without them."

Paul Skikne, CEO, BRW Real Estate, Los Angeles

We engaged with Hire CFO to lead in an overseas acquisition for our company. They led the process from beginning to end including due diligence, negotiations and valuations. Very knowledgable and professional team. Highly recommended!"

David Brooks, Managing Director, Forming Reality Group

These guys are truly awesome. We had no accounting reporting in place before we engaged with them. In addition they have been instrumental in our charity obtaining funding. very professional and always deliver on time."

Hilton Freund, CEO Twinning Project

Hire CFO have been instrumental in managing our cash forecasting and giving our start up general business advice. Very professional and always deliver on time."

Ravi Naik, CEO, SGS Consultants

Hire CFO set up our Xero system and automated processes for us. We are extremely satisfied and highly recommend their services."

Marc Eden, CEO Auto Concierge Limited

Contact Hire CFO Today

If you’re ready to take the next step towards your business’ financial goals, contact us today, and we will select from our pool of qualified candidates and put you in contact with the best fractional finance manager for your organization. You can either book a free consultation using the link below, or submit a written inquiry via our contact page.

Fractional Finance Managers: Frequently Asked Questions

What do financial managers do?

A financial manager is responsible for overseeing and advising on the key financial operations of an organization, from devising budgets and financial plans, to making accurate reports to C-suite executives that reflect the ongoing progress towards the business’ defined goals.

Financial managers typically work alongside a business’ accounts department and CFO to ensure that correct processes are followed, and provide overflow on company cashflow and areas of potential waste. The role of a financial manager typically includes financial analysis, strategic thinking, and a keen understanding of bookkeeping and accounts.

How many hours does a fractional finance manager work?

Fractional finance managers working hours tend to vary, based on their availability and also the needs of the business seeking to hire them. Many fractional finance managers tend to work one or two days per week for an organization, but may be able to work more, or fewer hours based on the contract they are provided.

When seeking a fractional finance manager, it’s often helpful to go into your talent search with a ballpark figure of how many hours or days a week you’d prefer them to work. Many fractional finance professionals are also willing to be flexible with their working hours, so this is often something that can be discussed further during the hiring process.

What qualifications does a fractional finance manager require?

A fractional finance manager must attain the same level of qualification as a full-time finance manager, meaning that they are typically expected to hold at least one bachelor-level degree (or equivalent) in a finance-related subject. While there are no minimum legal requirements for finance managers to practice, the industry-standard is that they will hold at least a Bachelor’s degree, or higher.

Fractional finance managers are also expected to have several years of experience in the field, enabling them to work on a part-time basis. Most fractional finance managers will also have many years of full-time experience in financial services. This means they can be relied upon to prioritize their workload and fulfill their role efficiently enough that they can meet all of their responsibilities on a part-time basis.

What’s the difference between a fractional finance manager and a fractional finance director?

The main difference between a fractional finance manager and a fractional director is typically in their experience, and specialist skillset. Whereas a finance manager is expected to be well-practiced in skills such as analysis, budget creation and reporting, a finance director tends to possess more operational expertise. For instance, they may have experience in managing large finance teams and departments, have expertise in financial strategy and long-term planning, or in-depth experience with corporate audits or tax matters.

Whereas a fractional finance manager is an experienced professional, a fractional finance director may provide certain specialist knowledge and experience that could further benefit your organization.

Can a fractional finance manager be used as an interim solution?

Fractional finance managers can be an excellent option for businesses during an interim period as they search for a full-time candidate for the position. Fractional finance managers are able to adapt quickly to different workplaces, and assess the unique needs of the organization to deliver the right help and support at the right time. If you’re seeking a fractional finance manager on an interim basis, you can book a free consultation meeting, or contact us with a brief description of what you require.

What are the benefits of fractional financial services?

Fractional finance services are an excellent option for a wide range of businesses and not-for-profit organizations, who may not require a full-time finance manager at their current point of growth. The key benefits of hiring a fractional finance candidate are:

  • Cost-effectiveness. Fractional finance professionals provide an exceptional service, without the need to find space in your budget for a full-time salary.
  • Experienced candidates. At HireCFO, we supply businesses with candidates that have a wealth of both knowledge and experience of the finance world, meaning they are best-placed to advise and support your organization as you grow.
  • New perspectives. Due to the wide range of experience our candidates have, across a number of industries, they can bring a new perspective and fresh insights to your organization, as well as financial solutions you may not previously have considered.
  • Flexibility. You can contract a fractional finance professional to work on the days which are most suitable for your team, so they are available when you need them most.
  • Bespoke service. Fractional finance professionals can identify and deliver the best advice and support, based on the unique needs of your business. They understand that there is no one-size-fits-all solution, and are adept at developing and implementing effective strategies within an organization.
  • A reliable partnership. Fractional finance managers offer consistent support, and will work hard to build a positive working relationship with you and your team, to help you reach the next step in your business’ growth.
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Hire for Related Fractional Finance Roles

If you feel you may need the services of a different fractional finance professional, we also represent experienced candidates for the following roles. Visit our other pages to see the other financial services roles that we supply.

  • Fractional CFOs
  • Fractional Finance Directors
  • Fractional Senior Accountants