When Your Company’s Finance Chief Isn’t Yours Alone

Fractional CFOs in Demand as AI, Remote Work Gain Traction (ON) – Bloomberg
By Nina Trentmann

CFO as a service

Have you ever wondered whether you could work as a finance chief, but for more than one company? Turns out you can.

It’s possible because of what’s known in the industry as fractional CFOs, who work for several companies at once, in stints ranging from a few months to several years. The professionals often have a portfolio of employers, including startups and owner-led and medium-sized businesses. They can be self-employed, work with agencies that give them assignments or be full-time employees of companies that offer CFO services to clients. They are often cheaper than their full-time counterparts.

There’s growing interest in this type of CFO as the labor market remains tight, more people look for flexible work arrangements and artificial intelligence and automation with some of the more menial tasks in finance. Expectations for a pickup in IPOs an deal making are also boosting demand . . .

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