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Fractional Chief Financial Officer, CFO
The Good Feet StoreFractional CFO providing strategic financial leadership and cost control for a growing retail franchise. Involves developing financial strategies and overseeing financial operations.
Tech Stack
Tools & technologiesCloud
About the role
Key responsibilities & impact- Serve as the senior financial advisor to the CEO and COO, providing clear guidance on cost structure, capital allocation, and financial risk
- Build a multi-year financial model that supports profitable unit expansion, working capital needs, and ownership returns
- Conduct financial due diligence for new units, lease negotiations, remodels, and capital investments
- Identify risks to EBITDA targets and develop scenario planning frameworks to guide decision-making
- Establish a financial strategy that prioritizes margin protection, cash discipline, and operational efficiency
- Oversee accurate, timely monthly financial statements and management reporting
- Deliver unit-level and portfolio-level P&L analysis with actionable variance insights
- Build a financial dashboard and KPI framework that gives the COO and district managers visibility into performance drivers
- Ensure reporting aligns with franchise requirements and ownership expectations
- Create transparency around cost centers, margin erosion, and financial trends
- Lead the annual budgeting process with a focus on cost control and realistic operational assumptions
- Maintain rolling 13-week cash flow forecasts and actively manage working capital
- Monitor cash position, debt service, and banking covenants
- Identify opportunities to improve cash conversion cycles, renegotiate vendor terms, and optimize capital deployment
- Build a cash discipline culture across the organization
- Partner with the COO to implement accountability structures that protect and grow EBITDA
- Analyze labor productivity, COGS, occupancy costs, and overhead to identify inefficiencies and cost leaks
- Lead cost-reduction initiatives, procurement improvements, and vendor renegotiations
- Provide financial modeling for pricing, product mix, and promotional strategies
- Build a margin-focused operating rhythm that supports both turnaround and scale
- Oversee the accounting function and ensure strong internal controls across all units
- Manage relationships with CPA firms, tax advisors, lenders, and franchise financial reporting partners
- Ensure compliance with GAAP, tax obligations, and franchise financial reporting standards
- Review and approve month-end close, reconciliations, and financial statement preparation
- Strengthen audit readiness and financial accuracy across the organization
- Evaluate and implement financial systems, POS integrations, and reporting tools that support scale
- Standardize financial data collection and reporting across all units
- Automate manual processes to reduce errors and increase efficiency
- Build a scalable financial infrastructure that supports growth from 25 to 50+ units
- Support ownership in evaluating new unit economics, real estate pro formas, and ROI analysis
- Prepare financial packages for lenders, SBA financing, or investor discussions
- Advise on recapitalization, exit planning, or future transactions
- Ensure growth decisions are grounded in financial discipline and long-term profitability
Requirements
What you’ll need- 12+ years of progressive finance experience, including 3–5 years at CFO or VP Finance level
- Experience in multi-unit retail, franchise, restaurant, or consumer-facing environments
- Demonstrated success in cost reduction, cash optimization, and EBITDA improvement
- Hands-on experience with accounting oversight, month-end close, and internal controls
- Proven ability to deliver CFO-level output in a fractional or part-time capacity
- Strong working knowledge of GAAP and franchise financial reporting requirements
- Preferred: Direct franchise system experience (franchisee or franchisor)
- Experience scaling companies
- Familiarity with SBA lending, commercial real estate financing, and franchise capital structures
- CPA, CFA, or MBA
- Experience with POS systems, cloud accounting platforms (QuickBooks, NetSuite), and BI tools
Benefits
Comp & perks- None specified 📊 Check your resume score for this job Improve your chances of getting an interview by checking your resume score before you apply. Check Resume Score
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Hard Skills & Tools
financial modelingcost reductioncash optimizationEBITDA improvementaccounting oversightmonth-end closeinternal controlsfinancial analysisscenario planningbudgeting
Soft Skills
leadershipcommunicationstrategic thinkinganalytical skillsproblem-solvingcollaborationaccountabilitydecision-makingrelationship managementorganizational skills
Certifications
CPACFAMBA