A fractional CFO is a top-level financial executive who is hired on a part-time or interim basis to provide strategic and financial guidance to businesses. Fractional CFOs are usually brought in during periods of transition or growth, and their main focus is to help businesses make sound financial decisions that will improve their long-term prospects.
While a fractional CFO does not have the same day-to-day responsibilities as a full-time CFO, they are still a vital member of a company’s leadership team and play a key role in shaping its future.