Fractional CFO - Digital Marketing Agency

About Huzzle At Huzzle, we connect high-performing professionals with global companies across the UK, US, Canada, Europe, and Australia. Our clients include startups, digital agencies, and tech platforms in industries like SaaS, MarTech, FinTech, and EdTech. We match top talent to full-time remote roles where they're hired directly into client teams and provided ongoing support by Huzzle. Role Type: Full-timeEngagement: Independent ContractorJob Summary We are looking for an experienced Fractional CFO with agency or professional services finance experience to serve as a strategic financial partner. This role focuses on building and managing the management reporting infrastructure, including budgeting, forecasting, and client-level gross margin analysis. You will help leadership gain clear visibility into company performance and client profitability by delivering monthly financial insights and executive reporting. This is not a bookkeeping role. An external accounting firm manages formal financial statements. Your responsibility will be to develop the financial systems, dashboards, and analysis needed to guide strategic decision-making. Key Responsibilities

• Budgeting & Forecasting

• Build and maintain the annual operating budget aligned with company growth targets and EOS goals.
• Deliver monthly budget vs. actuals reporting with variance commentary on lines exceeding 10%.
• Maintain a rolling 90-day cash flow forecast updated each month.
• Model revenue and headcount scenarios to support hiring and investment decisions.
• Deliver a monthly executive financial summary for leadership by the 15th of each month.

• Client-Level Margin Tracking

• Build and maintain a gross margin dashboard tracking profitability per client.
• Calculate margins using billable hours × billing rate minus allocated direct labor costs.
• Flag accounts below the 75% gross margin target (Yellow: 60-74%, Red: below 60%).
• Identify whether margin issues stem from pricing strategy, scope creep, or operational inefficiencies.
• Provide monthly profitability reports with actionable recommendations.

• EOS Scorecard Reporting

• Manage the financial metrics used in the company's EOS scorecards.
• Track key metrics such as:

• MRR and ARR
• Gross margin %
• Payroll ratio
• Net profit margin
• Accounts receivable aging
• Client count

• Provide root cause analysis and corrective recommendations for off-track metrics.
• Support quarterly EOS planning sessions with financial projections.

• Accounts Receivable & Payable Oversight

• Monitor accounts receivable aging weekly and flag invoices overdue by 30+ days.
• Maintain an accounts payable calendar for payroll, contractors, software subscriptions, and loan payments.
• Coordinate AR/AP reconciliation with the external accounting firm.
• Identify redundant or underutilized vendor spending for cost optimization.

• Financial Reporting

• Conduct monthly P&L reviews and provide executive-level insights.
• Maintain a clean and structured chart of accounts in QuickBooks Online.
• Provide guidance on cash reserves, debt coverage, and financial risk thresholds

Requirements

• Must Have

• 5+ years of experience in finance, accounting, or CFO-level work.
• Experience working with agencies or professional services firms strongly preferred.
• Proven experience building client profitability models and margin dashboards for retainer businesses.
• Expert-level QuickBooks Online experience managing financial systems for service businesses.
• Advanced Google Sheets or Excel skills, including financial modeling and scenario analysis.
• Experience using time-tracking platforms (ClickUp, Harvest, Toggl, or similar) for client profitability analysis.
• Deep understanding of retainer-based agency economics, including billable hours, labor utilization, and margin optimization.
• Strong communication skills with the ability to translate complex financial insights into clear executive summaries.
• Highly self-managed with the ability to work asynchronously and meet strict monthly deadlines.

• Nice to Have
• Experience working with EOS (Entrepreneurial Operating System) companies.
• Familiarity with dual-basis financial reporting (cash basis for tax, accrual-style management reporting).
• Experience with SBA loan structures and debt service modeling.
• Proven experience recommending client repricing strategies based on profitability data.
• Experience supporting personal or executive tax planning coordination.

Benefits 💻 Fully Remote: Work from anywhere with international teams 🚀 Career Growth: Join companies in SaaS, MarTech, and B2B services 🤝 Peer Community: Connect with high-performing sales professionals in our network 🧭 Ongoing Support: Receive guidance from Huzzle before and after placement 💰 Tailored Compensation: Salaries vary by client and candidate preference — we'll match you with options that fit your goals