Fractional CFO

Fractional CFO

Part-Time 54000 - 84000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead financial strategy and mentor a high-performing finance team in a mission-driven organisation.
  • Company: Join myGwork, an award-winning community for LGBT+ professionals and inclusive employers.
  • Benefits: Competitive pay, shares, flexible work, health insurance, and generous holidays.
  • Why this job: Make a real impact in a growing company that champions diversity and inclusion.
  • Qualifications: CIMA, ACA or ACCA certification with proven financial leadership experience.
  • Other info: Part-time role with potential for full-time; dynamic environment in London.

The predicted salary is between 54000 - 84000 £ per year.

myGwork is the business community for LGBT+ professionals, students, inclusive employers, and anyone who believes in workplace equality. We want to empower the LGBT+ community by offering our individual members a safe space where they can connect with inclusive employers, find jobs, mentors, professional events and news. myGwork is an Award-Winning Company. Founded in 2014, we have been listed as a Top 5 start-up with Pride by Geek Times and our Founders have won the Attitude Award Young LGBT+ Entrepreneur of the Year. As of today, the company has reached maturity, raised significant funding and is ready to enter a new era of growth.

What you will do

  • As the key financial leader within the organisation, you will work closely with the founders, the executive leadership team and other senior stakeholders to shape the overall strategy of the business.
  • You will personally lead the design and delivery of the financial strategy, including reporting, financing, and driving sustainable growth.

Your areas of responsibility will include:

  • Growing a Finance function
    • Evaluate and optimise the efficiency and effectiveness of the core finance team's operations, structure, systems and technology.
    • Mentor and lead a high-performing finance team capable of supporting the organisation's growth objectives.
    • Establish training programs and professional development opportunities to enhance the skills and knowledge of finance staff, fostering a culture of continuous improvement and excellence.
  • Ownership over the financial model
    • Take the lead on the annual budget (in collaboration with Executive Team).
    • Analyse and enhance the financial model incl. both financial and operating targets ensuring its robustness, structural integrity, and alignment with business objectives.
    • Validate key assumptions, ensuring they reflect realistic drivers and are measurable to guide decision-making accurately.
    • Leverage internal data to refine the financial model, ensuring accurate forecasts for future funding and liquidity events.
    • Develop and communicate a comprehensive, accurate financial picture for potential funding or liquidity scenarios.
  • Reporting
    • Ensure the quality and accuracy of management accounts, fostering transparency and precision in financial reporting.
    • Oversee sales invoicing and credit control processes to maximise efficiency and minimise risk.
    • Verify the accuracy of all Key Performance Indicators (KPIs) incl. financial, operating, sales, and else and revenue recognition, aligning reporting with actual outcomes.
    • Perform periodic latest estimate process for future month and financial year performance.
    • Own the monthly Board performance reports on financial and operating metrics vs. plan.
    • Provide financial leadership, offering credibility and strategic insights to the board.
    • Conduct potential tax reviews, including share option valuations, sales tax, and intellectual property considerations.
    • Assess and orchestrate the optimal mix and size of future equity or venture debt rounds to support growth initiatives.
    • Oversee the funding process, aligning financial strategies with the company's long-term goals.
    • Act as a strategic partner to the go-to-market sales team, balancing financial considerations with growth strategies.
    • Evolve pricing, sales structures, upsell strategies, and compensation plans for sustained success.
    • Standardise terms and conditions with clients and optimise legal turnaround time in deal management processes.
    • Shield executives from investor pressures, allowing focus on operational excellence.

Who you are

  • You are a seasoned finance professional with a passion for diversity and inclusion, eager to contribute to the success of a mission-driven organisation.
  • Your profile would ideally include all or most of the following:
  • CIMA, ACA or ACCA certification is essential.
  • Proven experience in financial leadership roles, ideally within a scaling business or similar environment.
  • In-depth knowledge of financial modelling, strategic planning, and tax regulations.
  • Strong analytical and strategic thinking skills.
  • Exceptional communication and listening skills with the ability to influence and collaborate across departments.
  • High energy, results-oriented, and determined to do all necessary to assist in the company's success.
  • Dynamic with a true entrepreneurial spirit and passion for a fast-paced, growing environment.
  • Think strategically, drive to action, and be ready to roll up your sleeves.
  • Desire and ability to learn new things and be a part of a dynamic and growing team.
  • Ability to juggle multiple projects at once, last-minute requests and quick turnarounds with a positive attitude.
  • A passion for diversity, inclusion and everything LGBT+ related matters.

What we offer

  • Competitive day-rate / compensation (pro-rated to 1-2 days per week switch to full-time in the medium-term possible / preferred).
  • Shares & Ownership in a potential unicorn.
  • Flexible working conditions.
  • Health Insurance.
  • Subsidised gym membership.
  • Generous holidays.

Additional Information

  • Location: London (the candidate would ideally come to the office once a week).
  • Type: Part-Time.
  • Functions: Finance.

myGwork is committed to promoting equal opportunities in employment. You and any job applicants will receive equal treatment regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation. In case of interest please apply through this career page or contact Benoit Kuhn directly at ben@bergsearch.com.

Fractional CFO employer: Berg Search

At myGwork, we pride ourselves on being an inclusive and empowering workplace for LGBT+ professionals, offering a vibrant culture that champions diversity and equality. As a Fractional CFO, you will not only lead financial strategy but also play a pivotal role in shaping a mission-driven organisation that values your contributions and fosters professional growth through mentorship and training opportunities. With competitive compensation, flexible working conditions, and a commitment to employee well-being, myGwork is an exceptional employer for those looking to make a meaningful impact in a supportive environment.
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Contact Detail:

Berg Search Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Fractional CFO

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who are part of the LGBT+ community. Attend events, join online forums, and don’t be shy about asking for introductions to key players in companies you’re interested in.

✨Tip Number 2

Show off your skills! Prepare a portfolio that highlights your financial modelling and strategic planning expertise. Use real-life examples to demonstrate how you've driven growth in previous roles. This will make you stand out when chatting with potential employers.

✨Tip Number 3

Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you admire, like myGwork, and express your interest in working with them. A personal touch can go a long way in landing an interview.

✨Tip Number 4

Stay informed and engaged! Keep up with industry trends and news, especially around diversity and inclusion in finance. This knowledge will not only help you in interviews but also show your passion for the mission-driven work at companies like myGwork.

We think you need these skills to ace Fractional CFO

CIMA certification
ACA certification
ACCA certification
Financial Leadership
Financial Modelling
Strategic Planning
Tax Regulations
Analytical Skills
Strategic Thinking
Communication Skills
Collaboration Skills
Project Management
Problem-Solving Skills
Adaptability
Entrepreneurial Spirit

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Fractional CFO role. Highlight your financial leadership experience and any relevant certifications like CIMA, ACA, or ACCA. We want to see how you can contribute to our mission!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for diversity and inclusion, and explain why you're excited about joining myGwork. Let us know how your background makes you a great fit for our team.

Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your financial acumen and strategic thinking. Use numbers and examples to illustrate how you've driven growth and improved processes in previous positions.

Apply Through Our Website: We encourage you to apply directly through our career page. This helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy and straightforward!

How to prepare for a job interview at Berg Search

✨Know Your Numbers

As a Fractional CFO, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. This shows you’re not just about the numbers but also about strategic thinking.

✨Show Your Leadership Style

You’ll be mentoring a finance team, so it’s crucial to convey your leadership approach. Prepare examples of how you’ve developed teams in the past, focusing on training programmes and fostering a culture of continuous improvement. This will highlight your commitment to growth.

✨Align with Their Mission

myGwork is all about diversity and inclusion. Make sure to express your passion for these values during the interview. Share experiences where you’ve championed inclusivity in the workplace, as this will resonate well with their mission-driven ethos.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills, especially around financial modelling and strategic planning. Think through potential scenarios they might present, such as funding challenges or budget constraints, and prepare your thought process on how you would tackle them.

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