Outsourced Accounting & Advisory / Fractional Controllers & Advisory CFOs
Advanced-level financial leadership structured for your organization
Many businesses and organizations reach a point where day-to-day bookkeeping is well in hand, but the financial oversight needed to manage growth, support decision-making, and maintain strong controls requires a more senior level of expertise. A full-time controller and/or CFO hire may be more than the situation calls for right now.
At hfco, our team gives you experienced financial-level leadership on a right-sized, flexible basis, working alongside your team to strengthen your financial operations and give leadership the clarity to move forward.
Our Fractional Controllers & Advisory CFOs bring senior-level financial leadership to your organization with a flexible cost effective approach.
They work as an integrated part of your team, building structure, improving processes, and providing the informed financial perspective your leadership needs to make good decisions.
Financial Oversight and Controls
We build and maintain the financial structure your organization needs through:
- Month-end and year-end close oversight and management
- Financial statement preparation
- Internal controls assessment and implementation
- Account reconciliation oversight
- Audit readiness and coordination with external auditors
- General ledger management and chart of accounts maintenance
Reporting and Management Insight
This is where hfco adds meaningful value to your leadership team:
- Management reporting package design and delivery
- Budget development, monitoring, and variance analysis
- Cash flow forecasting and working capital oversight
- KPI development and ongoing performance tracking
- Financial trend identification and scenario analysis
- Advisory support for leadership and ownership on financial decisions
7 Reasons Your Business Needs a Valuation
A proper business valuation provides an objective understanding of what your company is truly worth giving you the clarity needed to make informed decisions around growth, ownership transitions, and long-term planning. This guide is designed to help you better understand where valuation fits into your business strategy and how it can uncover opportunities, reduce uncertainty, and position you to move forward with confidence.
When we were in between controllers, hfco would come in as a consultant and do the books for us. We didn't have to hire someone — they came in and worked with us to keep things going: taxes done, payroll approved. That was a great value.
President
NJ Roofing Company
Our insights on fractional controllers
What businesses ask about fractional controllers & advisory CFOs
What does a Fractional Controller and/or advisory CFO do?
A Fractional Controller provides experienced, controller-level financial leadership on a part-time or project basis. That includes oversight of your month-end close, financial statement preparation and review, internal controls, management reporting, budgeting, and cash flow oversight. They also train internal personnel on key accounting processes, reinforcing the importance of the full accounting cycle, and ensure balance sheet accounts are properly reconciled to help management understand the financial story of the business.
An advisory CFO supports leadership with budgeting and forecasting, financial modeling, development and monitoring of performance metrics and other financial consulting as needed.
The fractional model gives you senior financial expertise at the level your organization needs right now.
How is a Fractional Controller and/or advisory CFO different from a bookkeeper or a CAAS/NAAS advisor?
Bookkeeping focuses on accurate transaction recording and the foundational day-to-day accounting function. A CAAS/NAAS advisor combines bookkeeping with forward-looking services, including tracking of performance metrics, cash flow forecasting, and strategic financial guidance.
A Fractional Controller and/or advisory CFO brings an additional layer of senior oversight: reviewing financial statements, designing and enforcing internal controls, managing the close process, and preparing leadership with the management reporting they need to run the business.
Many organizations use both, with our CAAS/NAAS teams handling day-to-day operations and a Fractional Controller and/or advisory CFO providing the oversight layer above them.
For privately held businesses, how is a Fractional Controller different from a Fractional CFO?
A fractional CFO typically works at the strategic level: capital structure, investor relations, enterprise financial strategy, and board-level reporting. A Fractional Controller operates closer to the financial operations of the business, focused on reporting integrity, close management, internal controls, and the management reporting that supports good decisions. Some organizations need both; others need one or the other depending on where they are in their growth.
How many hours per month does a Fractional Controller and/or advisory CFO typically work?
It depends on the complexity of your organization and the scope of services. Some engagements are structured around specific deliverables each month, such as close oversight and a monthly reporting package. Others involve a broader scope of ongoing support. We design each engagement based on your actual needs and adjust as those needs evolve.
Is an initial consultation free?
Yes, your initial consultation is complimentary.
Meet your fractional controller & advisory CFO team
Our Fractional Controllers & Advisory CFO team bring senior-level financial leadership to your organization on a flexible, right-sized basis. They work as an integrated part of your team, building structure, strengthening controls, and providing the informed financial perspective your leadership needs to make good decisions at every stage of growth.
Mig Murphy Sistrom
