Unknown Company

Fractional CFO

commerce, ca • Posted 4 days ago
Hybrid Contract Corporate Finance & Strategic Planning

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.

Phase 1: 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.

Phase 2: 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 QuickBooks 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.

What we're looking for

  • 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. QuickBooks / ERP proficiency.
  • Temperament. Calm, credible, and collaborative under pressure; a clear communicator who earns trust with owners, counsel, and staff.

Success in the first 90 days

  • 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.

Compensation and Work Arrangement

Pay: $108,760.79 - $130,980.73 per year

Part‑time

Hybrid work in Commerce, CA 90040

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