Fractional CFO Services

Key Benefits of Fractional CFO Services

Cost-Effective: Fractional CFO services offer access to top-level financial expertise without committing to a full-time salary, making it a budget-friendly solution.
Scalable: As the business grows, the level of CFO services can scale accordingly, providing the flexibility needed to meet increasing financial demands.
Tailored Expertise: Fractional CFO’s bring specialized knowledge of GovCon compliance, financial reporting, and strategic planning, ensuring that the company remains competitive in the government contracting space.

A fractional CFO supports financial discipline by improving the company’s overall financial health. They help ensure that the accounting system is government-approved and audit-ready, a critical component of successful GovCon operations by minimizing the risk of penalties, contract loss, or audit issues, and improving the company’s changes of winning new work.

By maintaining strict financial controls, fractional CFO’s help GovCons grow sustainably and remain compliant with government regulations.

Fractional CFO Service Packages for Government Contractors

Tier 1: Compliance Starter

Ideal for: Emerging contractors building a financial foundation
Monthly Fee: varies depending on the business size and complexity.

Includes:

- Financial statement review and cleanup (monthly)
- Budget vs. actual tracking
- DCAA pre-audit preparation (e.g., SF1408 readiness)
- Indirect rate model setup (Fringe, OH, G&A)
- Monthly strategic call

Tier 3: Strategic CFO Advisory

Ideal for: Contractors scaling fast or preparing for M&A or larger audits
Monthly Fee: varies depending on the business size and complexity.

Includes everything in Tier 2, plus:

- Proposal pricing and pricing strategy
- FAR & CAS compliance advisory
- DCAA audit support (on-call during audits)
- Banking, lending, or bonding support
- Scenario planning (new IDIQs, hiring plans, facility growth)
- Board meeting participation or virtual CFO presence

Tier 2: Growth & Compliance

Ideal for: Growing contractors managing multiple awards and audits
Monthly Fee: varies depending on the business size and complexity.

Includes everything in Tier 1, plus:

- Incurred Cost Submission (ICE Model)
- Contract profitability tracking (job costing by CLIN or contract)
- Cash flow forecasting (burn rate, invoice cycles, etc.)
- KPI dashboard (DCAA & financial metrics)
- Support for monthly/quarterly board or investor reporting

Add-Ons (Flat-Fee or hourly rate)

- DCAA SF1408 Readiness Assessment: custom quote
- Incurred Cost Submission Only: custom quote
- ERP System Implementation Oversight (Deltek CostPoint, Unanet, JAMIS Prime) Custom quote
- Proposal Pricing Support (T&M, CPFF, FFP)
- QuickBooks Online Setup

The below offerings can be bundled into comprehensive or functional solutions

Outsourced CFO Solutions:

- Strategic & Financial Planning
- Budget Management
- Management Reporting and Analysis
- Bank Relationship Management
- Debt Management
- Cash Management & Forecasting
- Key Performance Indicators (KPI’s) and Metrics