More jobs:
Fractional CFO
Job in
Commerce, Los Angeles County, California, USA
Listed on 2026-07-06
Listing for:
Gofractional
Full Time
position Listed on 2026-07-06
Job specializations:
-
Finance & Banking
Financial Reporting, Financial Compliance
Job Description & How to Apply Below
Fractional CFO, Restructuring through Stabilization The opportunity
This is a dual-mandate role. In the near term, you'll own the financial workstream of an active reorganization: cash, reporting, and the numbers behind a credible plan. As the case stabilizes, you'll shift into a steady-state CFO role, putting strategy, systems, and best practices in place so the business runs on clean information and sound controls. You'll work shoulder-to-shoulder with the Co-CEOs and COO as a true financial partner, not just a scorekeeper.
Phase1:
Restructuring (now through plan confirmation)
- Cash flow command. Own short-term (13-week) cash forecasting and daily/weekly cash management; protect liquidity and flag issues early.
- Court and trustee reporting. Assist in preparing Monthly Operating Reports and other required financial reporting in coordination with restructuring counsel and the Subchapter V Trustee.
- Plan feasibility. Build the financial model and projections that support a confirmable, realistic plan of reorganization.
- Division economics. Stand up division-level P&L (Retail vs. Events vs. Landscape vs. Interior vs. Display) so leadership can see exactly where profit comes from.
- Stakeholder coordination. Support counsel, lenders, and vendors with timely, accurate financial information.
Stabilization and steady-state
- Systems and best practices. Implement a clean monthly close, reporting cadence, and the financial systems the business needs to scale without fire drills.
- Controls and governance. Establish internal controls and support clean decision‑records and authorization practices alongside the Co-CEOs and COO.
- Planning and forecasting. Lead the annual budget, rolling forecast, and KPI dashboards; turn budget‑to‑actual reporting into a forward‑looking management tool.
- Inventory management. Streamline purchasing and evaluate product turnover to maximize cash inflow.
- System integration. Fully integrate the POS system with Quick Books to maximize reporting for management.
- Capital and banking. Manage banking relationships, financing, and the post‑emergence capital structure.
- Strategic partnership. Serve as a thought partner to ownership on pricing, division strategy, and growth decisions.
- Restructuring experience. Direct experience as a CFO, interim CFO, or CRO through a Chapter 11 (Subchapter V a strong plus) or comparable turnaround.
- Senior finance leadership. 10+ years in progressively senior finance roles, including CFO-level responsibility at a small or mid‑sized company.
- Hands‑on operator. Comfortable in the details on a lean team: building the model, closing the books, and presenting to leadership, not just delegating.
- Systems builder. Track record implementing financial systems, close processes, and controls from a standing start.
- Multi‑division fluency. Experience with services or project‑based revenue (events, design/build, contract work) and multi‑location operations.
- California and cash‑tight context. Familiarity operating in California (FTB, EDD, CDTFA, payroll‑tax compliance) and managing finance in a cash‑constrained environment.
- Credentials. CPA and/or MBA preferred. Quick Books / ERP proficiency.
- Temperament. Calm, credible, and collaborative under pressure; a clear communicator who earns trust with owners, counsel, and staff.
- A reliable 13-week cash forecast and a clean cash‑management routine in place.
- On‑time, accurate court and trustee financial reporting.
- Division-level P&L visibility leadership can act on.
- A defined monthly close calendar and reporting cadence the team can run.
- A trusted working rhythm with the Co-CEOs and COO.
Pay: $ - $ per year
Part‑time
Hybrid work in Commerce, CA 90040
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