Part-Time CFO Job Description Template

A part-time CFO provides critical advisory and operational experience in accounting, capital markets, treasury management, and corporate strategy at a moment’s notice.

Share

A part-time CFO is a critical partner during times of transition. Whether you’re a startup maturing from a Series A funding round, a private equity firm looking for an experienced leader to step in and help manage a portfolio company, or a later-stage company looking for someone to perform CFO duties while the search for a full-time CFO is underway, the skills and experience a part-time CFO can provide are invaluable to help your company grow and thrive.

Part-Time CFO Job Description Template

Copy this template, and modify it as your own:

Company Introduction:

{{Write a short and catchy paragraph about your company. Provide information about the company’s culture, perks, and benefits. Mention office hours, remote working possibilities, and anything else that makes your company interesting.}}

Job Description:

A part-time CFO is broadly accountable for the administrative, financial, and risk management operations of the company, including the development of a financial and operational strategy, identifying and tracking relevant KPIs, and the ongoing development and monitoring of control systems to preserve company assets and report accurate financial results.

The ideal candidate will have previous experience working as a full or part-time CFO in the {{company’s primary industry}}. The candidate will be needed to guide the company for {{a period of months or years}}.

Responsibilities:

A part-time CFO’s role is broad in nature, but typically includes the following:

  • Assist in formulating the company’s future direction through providing input on the company’s business plan, financial and tax strategies, budgeting, and forecasting
  • Develop performance measures that support the company’s strategic direction
  • Maintain in-depth relations with all members of the management team
  • Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
  • Oversee the financial operations of subsidiary companies and foreign operations
  • Manage any third parties to which accounting or finance functions have been outsourced
  • Oversee the company’s transaction processing systems
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition due diligence and negotiate acquisitions
  • Personally review and approve all Form 8-K, 10-K, and 10-Q filings with the Securities and Exchange Commission (if the company is publicly held)
  • Understand and mitigate key elements of the company’s risk profile
  • Monitor all open legal issues involving the company, and legal issues affecting the industry; ensure that the company complies with all legal and regulatory requirements
  • Report financial results to the board of directors; report risk issues to the audit committee of the board of directors
  • Maintain appropriate insurance coverage
  • Monitor cash balances and cash forecasts; arrange for debt and equity financing; invest funds

Skills and Qualifications:

  • Bachelor’s degree in finance, operations, research, statistics, math, economics, or related analytical discipline preferred
  • Master’s degree in accounting or business administration, or equivalent business experience
  • Prior experience as a CFO for a {{similarly sized}} company in the {{company’s industry}}, or equivalent experience
  • 10+ years of progressively responsible experience for a major company or division of a large corporation, or prior experience as an advisor to or executive at an early-stage company
  • Advanced Excel proficiency. 10+ years of practical experience of using Excel for building and maintaining financial models
  • A natural curiosity and a “big picture” mentality
  • Excellent spoken and written communication and experience partnering with an executive team
  • Preference will be given to candidates with an MBA in finance and the Certified Public Accountant or Certified Management Accountant designations

Recent Part-time CFO Articles by Toptal Finance Experts

How to Hire a Great Part-Time CFO

The CFO is a pivotal role within any organization, of any size. In this guide, we will demonstrate the specific advantages that a part-time CFO can bring a business, in terms of addressing very specific needs with tailored sets of skills.

Read Hiring Guide

Hire a Top Part-time CFO Now

Toptal is a marketplace for top part-time, interim, and temporary Chief Financial Officers. Top companies and start-ups hire part-time CFO services from Toptal for their critical finance challenges.

See Their Profiles

Ivan Arizaga

Freelance Part-time CFO

EcuadorPart-time CFO Since April 12, 2021

An experienced consultant and CFO, Ivan took to consulting practice after a long-tenured career in commercial banking and the competitive food and beverage industry. During the past nine years, Ivan has provided key advice on several restructuring cases for companies under financial stress, has valued companies and piloted M&A transactions, and provided solid financial planning and value-creation-focused financial advice for his clients, companies from startups and SMEs to large corporations.

Show More

Jeffrey Fidelman

Freelance Part-time CFO

United StatesPart-time CFO Since September 29, 2016

Jeffrey is a Harvard University graduate and currently manages a 40-person management consulting firm parallel to being a freelance CFO, focusing on providing strategic services to early and mid-stage companies. As a consultant, he has acted as an interim CFO for 100+ companies and funds. A few highlights of Jeffrey's career outside of consulting include being a partner at a VC fund, banking with Morgan Stanley and HSBC, and co-founding a real estate brokerage.

Show More

Kresimir Profaca

Freelance Part-time CFO

CroatiaPart-time CFO Since November 13, 2017

Kresimir is an entrepreneur and CFO with more than two decades of experience in growth-stage startups and large corporations. He's worked in the retail, eCommerce, telecom and construction industries, most recently managing the restructuring and sale of a $40 million company to a strategic investor. Freelancing expands Kresimir's network and allows him to bring his expertise as a CFO to growing and mature businesses worldwide.

Show More

Paul Ainsworth

Freelance Part-time CFO

HungaryPart-time CFO Since August 30, 2018

Paul is an international CFO with experience across multinational companies ranging from $250-$900 million in turnover. After roles of increasing responsibility with General Electric and Orica, he now freelances to help companies with his operational finance and transformation experience. He has led simplification projects across geographically disparate finance teams and has worked in the UK, Germany, Belgium, and Hungary.

Show More

Olivier Brunet

Freelance Part-time CFO

RomaniaPart-time CFO Since February 7, 2022

Olivier launched his own consulting practice after a twenty-five-year financial career in Eastern Europe, working as CFO or controller for Fortune 100 and CAC40 subsidiaries (Publics, Alstom, Mondelez), combined with audit lead roles at KPMG and Mazars. He enjoys freelancing because it provides him with the opportunity to meet fascinating entrepreneurs and work on challenging projects, allowing him to leverage his corporate best-practice experience to improve accounting and financial processes.

Show More

Juba Tsuladze

Freelance Part-time CFO

United KingdomPart-time CFO Since February 7, 2017

Juba is the founder of angioClast, a Cambridge-based biotech startup focused on cancer research. Before entrepreneurship, Juba was a seasoned CFO with multi-industry experience and worked on projects, ranging from an equity sale of a $150 million telecom company to a $50 million hotel business turnaround. He joined the Toptal network to resolve diverse FP&A, M&A, buyouts, and strategic analysis challenges.

Show More

Carole Crawford, CFA

Freelance Part-time CFO

United StatesPart-time CFO Since August 9, 2017

At Morgan Stanley, Carole advised eight founders through exits totaling over $750 million and then founded her own practice to manage venture investments for family offices. A former tech CFO, she freelances to leverage her experience with capital raises, strategic pivots, and turnarounds. She enjoys helping innovators and entrepreneurs achieve financial success across many verticals, and has recently focused her efforts on fintech.

Show More

Neil Portus | CFA, CMA

Freelance Part-time CFO

United StatesPart-time CFO Since March 16, 2017

Neil is a CFO for growth companies and a former equity analyst at Goldman Sachs in NY where he helped lead numerous transactions including Zipcar's $1.1 billion IPO. He was also an equity analyst at Barclays Capital & Lehman Brothers and began his career at a boutique investment bank (M&A, restructuring, debt financings). He's built his operational skills both as a startup founder and as the CFO of an East Africa-focused impact investment firm.

Show More

Aleksey N. Krylov, CFA

Freelance Part-time CFO

United StatesPart-time CFO Since October 24, 2016

Aleksey served in CFO roles of public and VC-backed private companies. As investor, he contributed to 25+ private equity deals that have deployed $500 million. He has advised 50+ clients on raising $1.6 billion in equity in the healthcare, consumer, media, software, energy, and industrial sectors. He enjoys working with officers of early stage and mature small-cap firms. He freelances because it exposes him to a wide range of companies.

Show More

Mario d'Aragona

Freelance Part-time CFO

United KingdomPart-time CFO Since August 7, 2019

Mario has a proven track record of improving a company’s financial results, such as turnaround of a loss-making company or costs and yield losses reduction by over 10% in Heinz Kraft. He supports companies in finding tailor-made funding solutions by early-stage investments and introducing them to his inner circle of investors and Nasdaq. Mario is enthusiastic about freelancing and providing exceptional entrepreneurial knowledge with his vast global experience to meet and exceed targets.

Show More

Greg Barasia, CFA

Freelance Part-time CFO

United StatesPart-time CFO Since August 3, 2019

Greg has executed over $20 billion of transactions from seed-stage venture investments to large corporate buyouts. His experience spans the capital structure and includes time at Lazard Frères and some of the top private investment firms on Wall Street. He has worked as as a fractional CFO, M&A and financing advisor, and board member. Greg enjoys freelancing as it allows him to work with a wider variety of clients and company maturities.

Show More

Sign up now to see more profiles.

Start Hiring

Toptal Connects the Top 3% of Freelance Talent All Over The World.

Join the Toptal community.