When your business is growing fast or tackling complex projects, your CFO is at the centre of the action. They will be juggling many moving parts, which could include managing an entire finance team, raising capital, implementing systems, overseeing corporate governance, preparing the business for sale, amongst a whole myriad of things. But even the best CFOs can only be in one place at a time.
It’s a common misconception that c-suite employees don’t need support in their roles. But let’s be honest—no one can handle endless stress, pressure, and workload alone. That’s why we created our CFO’s CFO programme, where fractional CFO mentoring, or ‘fractional twinning’ for CFOs comes in.
A CFO’s CFO is a highly experienced, on-demand CFO who provides strategic financial support to businesses on a project-by-project basis. They offer specialised financial expertise, strategic guidance, and operational support to help businesses achieve their financial goals.
Why would our business need two CFOs?
Sometimes, the workload feels like more than one person can handle. Everything seems to be a priority and needed to be done yesterday.
When your garden is overgrown, weeds are sprouting everywhere, cracks are appearing, you can’t keep up with maintaining or keeping on top of it every week. What do you do? You hire someone to take some of the load off.
It doesn’t mean that you’re incompetent or incapable of the tasks….if only you had more time or a clone of yourself.
This solution means that your CFO can delegate a variety of tasks, including but not limited to strategic financial planning, M&A support, financial software integration, year-end operations, corporate governance, and crisis management.
It may be that you are looking to upskill one of your existing finance team into a CFO role. This is where we can place a highly-experienced fractional CFO into the business to nurture and offer guidance over a period of time to act as a mentor.
So, what would an engagement with a CFO’s CFO look like?
Depending on your business needs, this may look like a shorter-term project, an ongoing mentoring assignment, or a deep dive into a larger project that needs special attention.
What if we need specific CFO experience?
The CFO Centre is proudly the world’s number 1 provider of fractional CFOs. With a history of pioneering fractional CFO services since 2001, we now span 18 countries, with over 750 CFOs worldwide and there is no challenge that we have haven’t faced. When selecting the right CFO for your business, we not only look at skill set and location, but also past experience and cultural fit. There may be multiple areas that your CFO needs assistance with that require a range of skills and diversity. That’s where we can pull in our resources from across the group, engaging additional support where needed.
Our CFOs thrive on teamwork and collaboration. When challenges arise, they leverage the knowledge of our global network to find the solution.
Your CFO’s CFO offering
The service is designed for medium to large enterprises, particularly those with valuations from $25 million to $1 billion, who need high-level financial expertise to manage growth, navigate complex financial landscapes, or improve operational efficiency.
In a 2024 feature in Forbes, we quoted “Clients and C-suite executives have to understand each other’s needs, feel knowledgeable about the range of services offered and be confident that the service and relationship are working to meet desired shared goals.”
It’s about working together, with the right people on board to steer the ship in the right direction. Relationships with our clients are a number one focus; aligning to what you really want for the business and yourself personally.
Here’s what it might look like:
What if I need our fractional CFO to be on the ground?
At The CFO Centre we bring international best practices and local economic wisdom to your doorstep. With over 60 fractional CFOs spanning Australia & New Zealand, we can assist you face to face at your premises on a regular basis, remotely if you are based in a more rural location, or a combination of both.
It’s like having a partner who’s been in your CFO’s shoes, ready to help navigate the busiest times with confidence and ease.
Think of it as an extra set of hands, someone operating at the same level of expertise and seniority, ready to share the load. If this sounds like what you or your team needs, let’s chat—because even the best leaders deserve a little backup.
If you’re a CFO and this resonates with you, or a business owner needing an extra pair of eyes to bolster your existing finance function, we’d be happy to have a exploratory discussion to determine if this may be a good solution for you and the business.
If you’re a business that doesn’t currently have a CFO in place, you’re re-structuring your finance team and perhaps looking to outsource the strategic CFO role, our Fractional CFOs can also act as the sole finance head. They will work alongside you, on an engagement level from 2 days per month to 2 or 3 days per week, depending on your requirements. This can also be scaled up or down as the business changes so that you remain in control.
Contact us to find out more about either offering, we are on hand to bring big business expertise in an affordable offering.