Every business, big or small, needs a Chief Financial Officer (CFO) to provide strong financial stability. But only some companies have the budget to bring a full-time CFO on board. The good news? You can hire part-time CFO services to get the same high level of financial insights and guidance without stretching your resources.
In this article, we’ve compiled a list of the 15 best companies that offer part-time CFO services. We’ll also explain how to find the right company and how it works once you’ve found the perfect match.
15 Most-Trusted Services To Hire A Part-Time CFO
Here are the top 15 Chief Financial Officer (CFO) service providers that can help strengthen your financial strategy.
1. Genius
Genius is a specialized staffing agency that connects you with the top 1% of CFOs and finance experts from the Philippines and Latin America. With our on-the-ground sourcing team, we thoroughly vet each candidate to ensure the perfect match for both short-term and long-term projects.
We offer a worry-free hiring experience, including free interviews and a 6-month guarantee. This means you can hire with confidence, knowing you’re covered if things don’t go as planned. Plus, if you don’t hire, you don’t pay. Genius simplifies the process of finding expert financial leadership to help you get started without worrying about any long-term commitment or risk.
Core Services Offers
- Hire Full-Time & Part-Time CFOs
- Free AI tools
- Strategic Insight
Industry/Market Expertise
- Sales & Marketing
- IT, Data & Engineering
- Finance & Accounting
2. Toptal
Toptal connects you with finance experts, specializing in financial modeling, interim CFO work, startup funding, pricing strategy, and more. With a rigorous screening process, only the highest-qualified talent from over 100,000 annual applicants is accepted.
Thanks to Toptal’s advanced workflows, you can start working with a finance expert within 48 hours, making it a quick and effective solution for your financial challenges.
Core Services Offers
- Financial Modeling Consultants
- Venture Capital Consultants
- Market Research Analysts
Industry/Market Expertise
- Blockchain
- Real Estate
- Supply Chain
3. Paro
Paro provides elite fractional CFO and strategic advisory services to help you navigate financial challenges, increase profitability, and secure financing. Their US-based talent pool includes experts with an average of 15 years of experience across 60+ industries.
They use AI-matching technology to connect you with the right CFO advisors quickly, making the process 20X more efficient than traditional recruiting methods.
With a focus on real-time business solutions, Paro offers flexible CFO consulting on your terms. This lets you scale your team or outsource finance and accounting services at a fraction of the cost of full-time hires. Their platform streamlines onboarding and provides full project management support for seamless collaboration and immediate impact.
Core Services Offers
- Business Process Consulting
- Growth Strategy Consulting
- Startup & Fundraising Consulting
Industry/Market Expertise
- Telecom
- Nonprofit
- Digital Agency
4. CFO Selections
CFO Selections provides part-time, interim, and freelance CFO services to small and medium-sized businesses. Their team of experienced CFOs specializes in various industries and business stages, from startups to complex M&A.
For businesses seeking permanent, full-time CFOs, CFO Selections also offers executive search services, specializing in the placement of accounting and finance leaders. With extensive experience placing professionals across a wide range of industries and company sizes, they have successfully filled hundreds of positions in the Pacific Northwest and nationally.
Core Services Offers
- Profit Improvement Planning & Restructuring
- Merger, Acquisition, Sale, & Due Diligence Services
- Business Modeling, Forecasting, Metrics & Analysis
- Cash Management, Treasury, & Banking
Industry/Market Expertise
- Nonprofit
- Food & Beverage
- Manufacturing
5. BELAY
Founded in 2010, Belay specializes in flexible CFO services to provide exactly the top-tier financial expertise your organization needs. Their US-based fractional CFOs work closely with your leadership team to develop and execute a comprehensive financial strategy.
With a dedicated client success consultant and a rigorously vetted CFO assigned to your team, BELAY guarantees continuity and consistency in financial management. Whether you need short-term support or ongoing part-time assistance, their services are designed to be flexible and scalable.
Core Services Offers
- Financial Review & Analysis
- Strategic Profit Planning & Execution
- Cash Flow Projections & Forecasting
- Liaison With Tax Experts
Industry/Market Expertise
- Healthcare
- B2B Marketing & Sales Technology
- Legal
6. Kruze Consulting
Kruze Consulting offers CFO services for VC-backed startups. As the largest CPA firm fully dedicated to this niche, Kruze has helped over 800 startups.
When hiring a CFO from Kruze Consulting, you gain both financial expertise and access to the latest technological innovations. As beta testers for the latest AI tools and active participants in product advisory councils for leading accounting and fintech software, Kruze Consulting ensures your CFO is equipped with the most advanced AI-driven financial strategies.
Core Services Offers
- Interim CFO
- Financial Modeling
- Bookkeeping
Industry/Market Expertise
- Legal
- Food & Beverages
- Biotechnology
7. The CFO Center
The CFO Center provides part-time CFO services for strategic planning and expert guidance that help you achieve your goals quickly and cost-effectively. Their experienced CFOs work closely with you, leveraging complex financial modeling, risk assessment, and strategic initiative evaluation.
With a global network of over 700 CFOs and a comprehensive strategic finance framework that covers 12 financial dimensions, The CFO Centre equips your business with leading financial expertise.
Core Services Offers
- Source Funding
- Improve Cash Flow
- Increase Profit
- Review Business Plan
- Improve Systems & Control
Industry/Market Expertise
- Electronics
- Engineering
- Technology
8. Preferred CFO
Preferred CFO offers customized, high-level financial solutions through their team of expert CFOs, controllers, and bookkeepers. Their services address your business’s current challenges, opportunities, and goals, offering both full-service financial management and short-term assistance to your existing team as needed.
Core Services Offers
- Fractional CFO Services
- Virtual CFO Services
- External CFOs
Industry/Market Expertise
- Transportation
- Manufacturing
- Education
9. Fully Accountable
Fully Accountable provides accounting, analytics, and CFO services for online product and service businesses. Their team of accountants, CFOs, and data analysts use real-time data to provide strategic financial insights.
They offer services from à la carte options to fully integrated virtual accounting staff. You only pay for what you need, making them a cost-effective solution for companies of all sizes.
Core Services Offers
- Strategic financial decisions for profitability
- KPI and Benchmark reporting objective metrics
- Managing a budget and forecast
- Cash flow forecasting
- Evaluate business risks and opportunities
Industry/Market Expertise
- eCommerce
- Online Digital Company
- eLearning
10. FocusCFO
FocusCFO provides flexible, fractional CFO services to give small and mid-sized businesses the financial leadership they need without the commitment of a full-time hire. Their model ensures that a dedicated CFO works directly with the leadership team to manage financial strategies and decision-making.
With over 22 years of experience, they have successfully guided more than 1,100 clients on their journey to achieving sustainable and transferrable value.
Core Services Offers
- Accounting Systems
- Cash Flow Processes
- Advisor Coordination
Industry/Market Expertise
- Construction
- Development
- Distribution
11. CFO Strategies
CFO Strategies offers comprehensive financial services to help businesses prepare for the future with better cash management and forecasting. Whether you’re hiring part-time, full-time, on-site, or virtual support, CFO Strategies provides flexible options to ensure their solutions fit your operational and financial goals.
CFO Strategies carefully matches the right professionals to your team based on their skill set, experience, and industry expertise, ensuring immediate value for your business.
Core Services Offers
- Accounting & Financial Reporting
- Contingency Planning
- Internal Controls & Processes
- Strategic Planning
- Cash Management & Forecasting
Industry/Market Expertise
- Architecture & Engineering
- Construction
- Country Clubs
12. ProCFO Partners
ProCFO Partners offers expert financial leadership through a team of CFOs with over 15 years of experience. Their services are tailored to meet your business’s specific financial needs – short-term projects, ongoing part-time support, and remote CFO options.
Their unique FGC Financial Flywheel framework simplifies complex financial issues and provides a clear, actionable business strategy. This strategy handles your present financial needs and uncovers hidden issues, promoting business growth that is stable and sustainable in the long run.
Core Services Offers
- Goals & Strategy (Strategic planning, Pro Forma projections, Annual planning)
- Revenue Model (Revenue growth, Financial projections, Growth profit analysis)
- Systems & Processes (Financial operations, Internal systems & controls, Legal & Compliance)
- Reporting (Income statement, Balance sheet, Statement of cash flows)
- Cash management (Funding & investment sources, Current cash position, 13-week financial projections)
Industry/Market Expertise
- Service Business
- Technology Company
- Family Business
13. Your Part-Time Controller
Your Part-Time Controller (YPTC) has been providing financial management services to nonprofit organizations for over 3 decades. Having served 1,700+ clients, they offer insights into what the numbers mean, helping nonprofits make informed decisions.
They take a hands-on approach to managing your finance department so that everything runs smoothly and in compliance with best practices. YPTC offers flexible, part-time financial management solutions while their full-time team provides expert support tailored to your nonprofit’s needs.
Core Services Offers
- Accounting & Month-End Close
- Financial Reporting
- Analysis & Recommendations
- Data Visualization
- Scenario Planning & Cash Flow Forecasting
Industry/Market Expertise
- Animal Welfare
- Environmental
- Higher Education
14. CFOShare
CFOShare provides top-tier fractional CFO services, offering small businesses flexible, expert financial leadership with cost savings. Their experienced CFOs, alongside a team of accountants, controllers, and analysts, deliver industry-leading solutions in debt management, cost accounting, and financial strategy.
With a diverse team across the U.S., Mexico, and Canada, they bring a broad range of perspectives and expertise to deliver best practices and tailored financial insights.
Core Services Offers
- Fractional CFO
- Bookkeeping & Accounting
- Turnaround CFO
- Buy A Business
Industry/Market Expertise
- Distribution
- Manufacturing
- Internet of Things
15. Countsy
Countsy offers services to support startups, scaleups, and spinouts. Their services include access to a dedicated Fractional CFO and CPO, along with expert teams handling everything from payroll to reporting. They also provide short-term project assistance, ongoing part-time support, or even a remote CFO to fit your business needs.
With their centralized technology platform, Countsy simplifies back-office operations, giving you real-time updates on financial and HR metrics.
Core Services Offers
- Accounting Operations
- HR/People Operations
- Outsource Operations
- NetSuite Services
- FP&A as a Service
Industry/Market Expertise
- SaaS
- Fintech
- Digital Health
How To Choose The Best CFO Services For YOU
The choices above may seem overwhelming, but here are some clear steps to help you choose the best CFO services for your specific needs:
I. Assess Their Industry Experience
A CFO with relevant industry knowledge will understand the specific financial challenges, regulations, and market conditions your business faces. For example, a CFO with experience in the tech startup space will be familiar with fundraising, R&D tax credits, and scaling operations, while someone in manufacturing will know how to optimize supply chain costs and manage capital expenditures.
Look for CFOs who have worked with businesses of similar size, growth stage, and complexity. Ask about their previous clients, their track record of delivering measurable results, and how their industry expertise has influenced financial decision-making. This ensures that the CFO you choose can offer insights and strategies tailored to your business’s unique needs.
II. Check Their Flexibility & Availability
A good CFO service should offer tailored solutions that match your specific needs, whether it’s short-term financial consulting, ongoing part-time support, or a remote CFO. Make sure to ask how the CFO plans to integrate with your existing team and how they’ll handle urgent tasks or financial crises.
Verify that the CFO’s schedule aligns with your business’s operational demands. For example, if your business requires regular financial reviews or strategic meetings, confirm the CFO can be available when needed, whether on-site or virtually. A flexible CFO will adapt to your business’s evolving needs, offering scalable services that can grow as your company expands.
III. Review Their Range Of Services
A well-rounded CFO should offer more than just basic financial reporting—they should be expert in areas that drive long-term business success. When reviewing their services, look for expertise in the following areas:
- Strategic Planning: The CFO should help set long-term financial goals and develop actionable steps to achieve them.
- Cash Flow Management: They should ensure your business has enough liquidity to meet its obligations, optimizing cash flow to prevent shortfalls.
- Financial Forecasting: A skilled CFO will create accurate financial projections based on current data and market trends.
- Budgeting and Financial Analysis: Help create and manage budgets, providing insights into where you can cut costs or allocate resources more efficiently.
- Capital Raising: Assist with securing loans, attracting investors, or raising capital through other means.
- Compliance and Regulatory Management: Ensure your business adheres to financial regulations like tax compliance, audit requirements, and reporting standards.
- Performance Monitoring: Regularly evaluate financial performance using key performance indicators (KPIs) to keep your business on track with its goals.
IV. Look At Client Reviews & Testimonials
When choosing CFO services, review client testimonials and feedback to gauge the service quality. Look for reviews that highlight the CFO’s ability to deliver measurable results, their expertise in specific industries, and their approach to problem-solving.
Pay attention to testimonials highlighting the CFO’s reliability, communication skills, and ability to integrate seamlessly with the client’s team.
Additionally, look for success stories that provide detailed examples of how the CFO helped other businesses overcome financial challenges, improve profitability, or navigate growth. This will give you a clearer picture of what to expect and help you determine if the service provider is the right fit for your business needs.
V. Consider Their Communication Style
Communication style directly impacts how well the CFO can collaborate with your team and convey complex financial information. A good CFO should explain financial strategies, forecasts, and reports clearly and straightforwardly, ensuring that non-financial executives understand the implications for the business.
Also, consider how the CFO prefers to communicate—whether through regular in-person meetings, virtual updates, or written reports—and make sure their style aligns with your team’s workflow. Effective communication ensures that your financial strategy is aligned with your overall business goals, and helps build a trusting, productive relationship with your CFO.
VI. Compare Pricing & Packages
When comparing CFO services, evaluate their pricing and packages to ensure they match your budget and financial needs. Some CFOs offer hourly rates, while others provide monthly retainers or project-based pricing.
Be clear on what each package includes—whether it covers basic financial reporting, strategic planning, or more specialized services like fundraising or M&A support. Make sure the package is flexible enough to adapt as your business needs change.
Weigh the cost against the value. A higher-priced CFO service may offer executive search or more comprehensive support and expertise, while a lower-cost option may focus on essential tasks. Make sure the pricing reflects the level of service and expertise your business requires, and avoid paying for unnecessary services that don’t add value to your operations.
Here’s the monthly rate of a part-time and full-time CFO to give you an idea:
VII. Evaluate Their Approach To Financial Strategy
A strong CFO needs to balance the business’s current finances with future strategies, like cash flow, forecasting, and growth plans. Look for CFOs who can analyze your business’s financial drivers and provide actionable insights for improvement, rather than just offering reactive support.
Also, assess how the CFO integrates financial strategy into the broader business plan. Do they prioritize scalable solutions, risk management, and sustainable growth? Their skill in adjusting the plan as your business changes and identifying risks early will drive lasting success.
How Working With A Part-Time CFO Talent Works
Here’s what you can expect when working with a part-time CFO talent:
i. A Consultation Starts
When hiring a part-time CFO, the process begins with an initial consultation. During this phase, you’ll meet with the CFO to discuss your business’s financial situation, goals, and challenges.
This is your opportunity to outline specific needs—whether it’s improving cash flow, preparing for growth, or managing investor relations. The CFO will ask questions to understand your business model, financial pain points, and long-term objectives.
Provide as much relevant information as possible like financial statements, budgets, and any pressing concerns. This consultation lets the CFO assess your current financial health and create a tailored plan that aligns with your goals. After this meeting, the CFO will propose the next steps, including a customized service plan and timeline for addressing your financial needs.
ii. Business Needs To Be Reviewed
The next step is for the part-time CFOs to conduct a thorough review of your business’s financial needs. This involves analyzing your financial data like income statements, balance sheets, and cash flow reports, to identify strengths, weaknesses, and opportunities for improvement. The CFO will assess your financial processes, KPIs, and existing challenges like cash flow issues or budget overruns.
On your end, you’ll need to give them access to financial documents and systems and be ready to discuss specific areas of concern. This review helps the CFO develop a deeper understanding of your business’s financial landscape and tailor strategies to address your specific needs.
iii. A Tailored CFO Plan Is Created
The part-time CFO will create a tailored financial plan that includes actionable strategies for addressing cash flow management, financial forecasting, budgeting, and growth planning. They will outline specific steps to improve financial processes, optimize resources, and address challenges uncovered during the review.
On your end, you’ll need to collaborate with the CFO to ensure the plan aligns with your vision and operational needs. This involves refining certain elements or prioritizing tasks based on urgency. The plan acts like a guide for your financial success, setting clear goals and steps to follow. The CFO will help you put the plan into action and make changes as your business grows.
iv. Work Processes Are Set Up
The next step is to set up work processes for smooth implementation and ongoing management of your financial strategy. The part-time CFO will create systems for regular financial reporting, cash flow tracking, budgeting, and performance monitoring.
This includes integrating new tools or improving existing financial software to streamline operations. Clear workflows are set for regular check-ins, reporting cycles, and decision-making processes, ensuring all key financial activities are properly managed.
During this, you need to ensure that your team is aligned with the new processes. This might require granting the CFO access to financial systems, scheduling regular meetings, or delegating specific tasks to your internal team.
The goal here is to create a seamless, efficient collaboration between your business and the CFO so that financial management becomes a proactive, integrated part of your overall operations. Once these processes are in place, your CFO can monitor progress and make adjustments for long-term financial stability and growth.
To ensure the security of your financial information when delegating tasks to a part-time CFO, the following steps should be taken:
- Grant the CFO access only to the financial systems and data they need, using role-based permissions to limit unnecessary access.
- Make sure sensitive financial data is encrypted both in storage and during transmission.
- Conduct regular security audits to monitor access and ensure compliance with company policies.
- Require Multi-factor Authentication (MFA) for accessing sensitive financial platforms to add an extra layer of security.
- Establish clear protocols for how data is handled, shared, and stored to prevent unauthorized access or breaches.
v. Ongoing Financial Tasks Starts To Get Delegated
The part-time CFO begins delegating ongoing financial tasks to ensure smooth operations and continuous progress. These tasks include:
- Preparing regular financial reports like income statements, balance sheets, and cash flow statements.
- Monitoring and managing cash inflows and outflows to ensure liquidity.
- Developing and overseeing the company’s budget to align with financial goals.
- Analyzing key financial metrics and ensuring the business is on track with its financial targets.
- Predicting future financial performance based on current data and market trends.
- Implementing or improving financial software for more efficient operations.
- Ensuring adherence to financial regulations and tax requirements.
The CFO will either take charge of these responsibilities directly or work with your internal team to ensure the tasks are completed efficiently.
Support this delegation by coordinating with the CFO and your team to make sure everyone understands their roles and deadlines. You have to provide necessary data, facilitate access to financial systems, and make sure that communication flows smoothly between the CFO and your staff.
vi. Regular Reports & Strategy Updates Are Provided
The part-time CFO will start providing regular reports and strategy updates to keep you informed about your business’s financial health and progress. The CFO will also update the strategic plan as necessary, ensuring that it adapts to changing business conditions or new opportunities.
On your end, review these reports and discuss questions or concerns with the CFO during regular meetings. This collaborative approach ensures you stay aligned with the financial strategy and can make informed decisions based on the latest data.
These regular updates help keep the financial plan on course and allow for adjustments to be made promptly as new financial insights emerge.
vii. Progress Is Monitored & Adjustments Are Made
As the financial strategy is implemented, the part-time CFO will continuously monitor the progress of your business’s financial performance, ensuring that goals are being met and identifying any potential issues early on. This involves KPIs like:
- Cash Flow: Ensuring that cash inflows and outflows remain balanced and that there’s enough liquidity to cover expenses.
- Revenue Growth: Monitoring how sales and revenue are growing over time to meet targets.
- Profit Margins: Evaluating both gross and net profit margins to ensure the company is operating efficiently and generating strong profits.
- Expense Management: Keeping track of operational costs to ensure they remain within budget and do not erode profits.
- Debt Ratios: Monitoring the company’s debt levels to ensure they are manageable and do not hinder growth.
- Return on Investment (ROI): Measuring the success of investments in new projects, products, or initiatives.
The CFO will review the data regularly and compare it against the strategic plan to assess what’s working and where adjustments may be needed.
From your end, participate in discussions about these findings and provide feedback on how the strategy is impacting your operations. Based on the monitored results, the CFO will make necessary adjustments to the plan—whether it’s refining budget allocations, revisiting financial forecasts, or addressing unexpected challenges.
Conclusion
Starting a business comes with many challenges, especially managing finances, but when you hire part-time CFO services, you can get financial management expertise without the cost of a full-time CFO. Assess your current financial needs and match them with the right CFO service providers to ensure your business has the strategic support it needs for growth and stability.
For quick access to global CFO talent, Genius connects you with finance experts from the Philippines and Latin America. With a straightforward one-time fee of 25% of the candidate’s first-year salary and no hidden costs, you can hire with confidence. Join us now and see the difference.
FAQs
What are shared CFO services?
Shared CFO services involve hiring a CFO who works with multiple businesses, providing financial leadership and expertise on a part-time or project basis. This benefits companies with high-level financial strategy without the cost of a full-time CFO.
Is a fractional CFO worth it?
Yes, a fractional CFO can be highly valuable, especially for small and mid-sized businesses that need expert financial guidance but don’t require a full-time CFO. Fractional CFOs offer flexibility and cost savings while delivering strategic financial insights that drive growth and profitability.
What are the benefits of outsourced CFO services?
Outsourced CFO services provide expert financial management without the expense of a full-time hire. They offer flexibility, scalability, and access to seasoned financial professionals who can help with budgeting, forecasting, fundraising, and financial strategy.
What is the difference between a CFO and a fractional CFO?
A full-time CFO is a permanent, in-house executive responsible for managing all financial aspects of the business. A fractional CFO, on the other hand, works part-time or on a project basis, offering the same expertise but with more flexibility and at a lower cost.
