Finance
What a fractional CFO does in the first 90 days
What to expect in the first three months of working with a fractional CFO.
Here is what the first three months with a fractional CFO usually look like, and the results you can expect.
Month one: get the numbers right
The first job is a close the owner can trust. That usually means cleaning up the chart of accounts, fixing how revenue is recognised and agreeing a close calendar.
Month two: look forward
With reliable history in place, we build a thirteen-week cash forecast and a simple monthly board pack. This is where most owners start sleeping better.
Month three: make decisions with it
By now the numbers are on time and believed. The conversation moves to pricing, hiring, the bank and which projects or customers to grow.
What you should see by day 90
A monthly close in ten working days or less
A cash forecast reviewed every week
Margin by product, project or customer
A short list of decisions the numbers now support
