Fractional CFO
for ambitious London businesses
Part-time finance director. Strategic leadership, fundraising, board packs, and financial modelling — without the full-time cost.
- Strategic financial planning
- Fundraising & investor prep
- Board packs & KPI dashboards
- Cash flow forecasting
- Financial modelling
- Exit planning & M&A
- Finance team leadership
- Growth & scale-up strategy
- Management accounts
- Board advisory & governance
2‑day per week minimum Fixed retainer or project
Path Accountants
UK registered, London based
(Serving all London & UK)
CFO availability: 2-5 days/week
Strategic finance leadership, part-time or project
Strategic planning
3-5 year business plans, scenario modelling, market entry, capital allocation. Aligned to your growth stage.
Fundraising & investor relations
Equity, debt, grants. Pitch decks, financial models, due diligence, term sheet negotiation, cap table management.
Board packs & KPI dashboards
Monthly board packs, strategic KPIs, variance analysis, Power BI dashboards, investor reporting.
Cash flow forecasting
12-24 month rolling forecasts, working capital optimisation, covenant tracking, funding triggers.
Financial modelling
Valuation models, M&A impact, scenario analysis, unit economics, sensitivity testing.
Exit planning & M&A
Trade sale, management buyout, acquisition strategy, buyer identification, deal structuring.
Finance team leadership
Recruitment, mentoring, systems implementation, process improvement, outsourced team management.
Management accounts
Monthly P&L, balance sheet, variance analysis, gross margin reporting, board-ready packs.
Growth & scale-up strategy
Scalable finance infrastructure, international expansion, pricing strategy, commercial partnerships.
Board advisory & governance
Non-exec director, board advisor, audit committee, governance frameworks, risk management.
Commercial contracts
Supplier negotiations, pricing reviews, joint venture structures, shareholder agreements.
Valuation & due diligence
Business valuation, vendor due diligence, buy-side due diligence, data room preparation.
FD-level leadership for every stage
Startups & scale-ups
Fundraising, unit economics, investor reporting. From seed to Series B. 30+ successful raises.
Free review
Established SMEs
Profit improvement, exit readiness, M&A, board packs. 15 successful exits.
Talk to advisor
PE-backed & high-growth
Financial modelling, due diligence, acquisition integration, debt covenant management.
Start savingWhat is a fractional CFO?
A fractional CFO (or part-time finance director) provides board-level financial leadership without the cost of a full-time hire. You get strategic guidance on fundraising, cash flow, board reporting, and exits — typically 2-3 days per week or on a project basis.
Our team brings experience from PE-backed scale-ups, listed companies, and Big Four firms. We work alongside founders, CEOs, and boards as a true strategic partner.
- Chartered accountants & MBAs
- Former FDs of PE-backed firms
- £45M+ fundraising track record
- Flexible retainers or fixed project
When do you need fractional CFO services?
Many businesses outgrow their bookkeeper or part-time accountant but aren't ready for a full-time FD. Typical triggers: preparing for a funding round, improving board reporting, professionalising investor relations, or planning an exit.
Our fractional CFOs step in to build financial models, lead due diligence, mentor finance teams, and sit on advisory boards. We're hands-on, commercial, and focused on delivery.
- Fundraising preparation
- Board-level strategic input
- M&A & exit readiness
- Cash flow & working capital
Fractional CFO questions answered by our experts
What is a fractional CFO and what do they do?
A fractional CFO is a part-time, outsourced finance chief who provides strategic financial leadership without the cost of a full-time hire. They work with your leadership team on high-level activities: financial strategy, fundraising, board reporting, cash flow forecasting, and exit planning. They're not doing bookkeeping – they're focused on growth, profitability, and investor relations.
When is the right time to hire a fractional CFO?
Common triggers include: preparing for a fundraising round, needing board-ready financial packs for investors, facing cash flow challenges, planning an exit or acquisition, or simply outgrowing your current financial systems. If your finance function is keeping you up at night, or you need strategic insight your accountant doesn't provide, it's time.
How much does a fractional CFO cost in the UK?
Costs vary based on experience, scope, and time commitment. Typical models: monthly retainers (£1,500–£5,000+) for ongoing support (2-5 days per month), project fees (£5,000–£20,000+) for specific initiatives (fundraising, M&A), or hourly rates (£150–£400+). We offer transparent fixed-fee retainers – no surprises.
What's the difference between a fractional CFO and a Financial Controller?
A Financial Controller focuses on day-to-day finance operations – managing the bookkeeping team, preparing management accounts, ensuring compliance, and producing reports. A Fractional CFO is strategic: they use those reports to guide decision-making, raise funds, plan exits, and drive growth. Many businesses need both – the controller keeps the engine running, the CFO decides where to drive.
Is a fractional CFO the same as a part-time Finance Director?
Yes, the terms are often used interchangeably. Both provide board-level strategic finance leadership on a part-time or interim basis. "Fractional CFO" is more common in the startup and scale-up world, while "part-time FD" is often used by established SMEs. The role is identical – a senior finance expert who sits on your leadership team.
Can a fractional CFO help with fundraising?
Absolutely – this is one of their core functions. A fractional CFO will: build investor-grade financial models, prepare pitch decks and data rooms, introduce you to their network of investors, manage due diligence, and negotiate term sheets. They bring credibility and expertise that investors look for. We've helped clients raise over £45M in equity and debt.
How much time does a fractional CFO dedicate to my business?
It's flexible – typically 2–5 days per month, depending on your needs and stage. Startups might begin with 2 days/month for strategy and board packs. During fundraising or M&A, that might increase to 10+ days/month. We tailor the commitment to your current priorities and scale up or down as needed.
What kind of reports will a fractional CFO provide?
You'll receive board-ready packs including: management accounts (P&L, balance sheet, cash flow), KPI dashboards tailored to your business, variance analysis against budget, and rolling cash flow forecasts. For fundraising, we build detailed financial models with scenario planning. All reports are designed for investors and board meetings.
I already have an accountant – do I need a fractional CFO?
Yes – they serve different roles. Your accountant handles compliance (tax returns, year-end accounts). A fractional CFO focuses on strategy and growth – fundraising, board packs, commercial decision-making. They work alongside your accountant, often improving the quality of information your accountant receives. Many clients use both.
Do fractional CFOs work remotely or on-site?
Both. We're London-based and happy to meet in person for board meetings or key sessions. Day-to-day, we work remotely using secure cloud systems – you have 24/7 access to reports and dashboards. We adapt to your preferred working style.
How do I know if my business needs a fractional CFO?
Signs you're ready: you're preparing for a funding round, investors are asking for better financials, you're unsure if you have enough cash runway, you're planning an exit, or you feel you lack strategic financial insight. If any of these resonate, a fractional CFO could add significant value.
Can a fractional CFO transition to a full-time role?
Yes – if the relationship grows and you need a full-time finance chief, we can discuss a permanent transition. Many businesses start fractional to test the fit, then move to full-time when they're ready. Alternatively, we can help you recruit a permanent FD while providing interim cover.
30-minute consultation – we'll discuss your strategic finance needs and quote a fixed fee