Fractional CFO

ROOTS STAFFING•Tampa, FL

just now

About The Position

The Fractional CFO will serve as a strategic financial partner to Senior Leadership, the Executive Team, and the Board, providing business acumen, growth planning, financial clarity, and team development. Which may include: 1. Strategic Growth & Expansion Planning A. Multi-Location Expansion Strategy • Develop a 5-year strategic financial growth plan • Build financial models for: o New location launch economics o Attendance ramp assumptions o Giving per capita sensitivity o Capital requirements (lease vs. purchase vs. build) • Define financial viability thresholds for new locations • Create location performance scorecards • Assist in site selection and financial due diligence B. Capital Planning & Funding Strategy • Long-range capital plan • Debt capacity analysis • Cash reserve policy design • Capital campaign financial modeling • Donor concentration analysis • Evaluate financing options (bond, bank, internal funding, campaign-based) C. Scenario Planning • Best-case / base-case / downside models • Stress-testing giving trends • Liquidity protection strategy • Economic downturn contingency plan 2. Financial Leadership & Governance A. Executive-Level Financial Reporting • Develop Board-ready financial dashboards • KPIs tailored to multi-location operations: o Giving trends by location o Cost per attendee o Ministry efficiency ratios o Payroll ratio benchmarks o Location contribution margin • Cash flow forecasting (rolling 12–18 months) B. Budgeting & Forecasting • Transition from annual static budget to rolling forecast model • Location-level budgeting discipline • Ministry-level accountability frameworks • Variance analysis process improvement C. Internal Controls & Risk Management • Review and strengthen: o Segregation of duties o Cash handling procedures o Location-level controls o IT/financial systems controls • Policy documentation and standardization • Fraud risk assessment 3. Organizational & Finance Team Development A. Current Team Assessment • Evaluate existing accounting and finance staff structure • Skills assessment and role clarity • Identify gaps for multi-location scalability B. Organizational Design • Recommend scalable finance org chart • Define: o Location finance roles o Centralized vs. decentralized functions o Reporting hierarchy • Succession planning framework C. Process Optimization • Close process improvement (reduce days to close) • Accounts payable and receivable process refinement • Location reporting standardization • Financial systems evaluation (if needed) D. Leadership & Mentorship • Ongoing mentoring of Controller/Finance Director • Build analytical capability within team • Establish financial literacy training for location pastors 4. Operational & Strategic Advisory A. Business Acumen Integration • Translate ministry strategy into financial reality • Evaluate ROI of new initiatives • Assess ministry program cost effectiveness • Strategic staffing analysis tied to growth B. Data & Decision Support • Develop executive dashboard • Attendance-to-giving correlation analysis • Donor retention modeling • Predictive growth modeling C. Real Estate & Facility Strategy • Financial analysis for lease vs. own decisions • Long-term facility utilization modeling • Multi-location overhead allocation strategy Deliverables (First 6–12 Months) Phase 1: Assessment (First 60–90 Days) • Financial health diagnostic report • Location-level profitability analysis • Finance team capability assessment Phase 2: Infrastructure Build (Months 3–6) • 5-year financial model • Rolling forecast model • Executive dashboard implementation • Org design recommendation • Capital plan framework Phase 3: Strategic Execution (Months 6–12) • New location launch financial playbook • Capital funding strategy execution support • Ongoing board reporting enhancement • Finance team mentoring and development Engagement Structure • Fractional CFO availability: X hours per week (typically 10–20) – TBD after we refine scope. • Monthly executive strategy sessions • Board participation • Ongoing financial modeling and advisory support Success Metrics • Successful financial launch of new locations • Improved cash reserve ratio • Reduced month-end close timeline • Improved budget-to-actual accuracy • Clear financial visibility across all locations • Strengthened internal control environment • Finance team operating independently at a higher strategic level