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Fractional CFO

Richmond, VA

Posted: 06/25/2024 Employment Type: Direct Hire Category: Accounting Job Number: a0CUm00001FK07ZMAT Location Requirements: Hybrid Industry: Construction

Job Description

A fast-growing construction company in Richmond, VA is searching for a highly skilled and experienced Fractional CFO to join their team! This is a part-time role that requires 20-25 hours per week, with hybrid and flexible schedule options. They are looking for someone with a strong background in accounting, with at least 5 years in commercial construction accounting, who is a team player, detail-oriented, and has experience performing some HR tasks such as onboarding and benefits administration. This is the perfect opportunity for a freelance or contract accountant who is looking for a stable, long-term engagement, or for a seasoned professional seeking to leverage their expertise for strategic influence while enjoying reduced working hours. If you are looking for a role that offers flexibility, impactful work, and the chance to be part of a dynamic team, apply now to discover what this opportunity can offer you!

Fractional CFO Requirements:

  • Bachelor's degree in Accounting or related field
  • 10+ years of accounting experience
  • 5+ years of experience in commercial construction accounting
  • Proficiency in QuickBooks Desktop, Microsoft Word, and Excel
  • Experience with HR tasks such as onboarding and benefits administration is a plus
  • Strong organizational skills and attention to detail
  • Friendly and team-oriented with an easy-going attitude

Fractional CFO Responsibilities:

Accounting (85%):

  • Maintain financial health and compliance with regulatory requirements
  • Develop processes for accurate and timely financial reporting
  • Implement and maintain strong internal controls
  • Prepare account reconciliations and review financial transactions
  • Train staff on financial procedures and ensure accurate record-keeping
  • Meet audit, tax return, and cost certification deadlines
  • Manage predevelopment and construction financing
  • Prepare annual budgets and handle all aspects of cash management
  • Process payables, draws, and contractor releases
  • Maintain job costs and budgets, process checks and ACH payments
  • Collaborate with development and construction departments
  • Prepare monthly financial reports for assigned projects
  • Process and post interest, and balance books to loan statements
  • Create special reports for management and executives, including quarterly WIP reports
  • Assist in improving workflow and reducing costs
  • Write detailed journal entries

HR (15%):

  • Conduct onboarding sessions and prepare welcome kits
  • Set up workstations for new employees
  • Collect timesheets, calculate salaries, and process payments
  • Update personal details, maintain attendance logs, and track leave balances
  • Enroll employees in health plans, explain benefits options, and process claims


  • Flexible work schedule with hybrid options
  • Free parking
  • Business casual dress code
  • Positive and growing company culture

Apply now!


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About Richmond, VA

Ready to take your career to new heights? Explore job opportunities in and around Richmond, Virginia, known for its charming blend of history, culture, and opportunity. Richmond boasts a vibrant arts scene, with galleries like the Virginia Museum of Fine Arts, theaters like the Altria Theater, and the exciting performances at the Richmond Coliseum. Indulge in the local cuisine, from classic Southern comfort food to modern culinary delights. With the James River running through the city and beautiful parks like Maymont and Belle Isle, there are endless outdoor recreational opportunities. Don't miss out on being part of this dynamic city, where history meets innovation and career growth awaits. Browse our job listings now and consider making Richmond your professional home.
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