Accounting Support for Fractional CFO Firms

We work behind your practice, on your client list, to your close calendar. You keep the client relationship, the advisory work and the final word on every number that goes out.

This service is the back office for that practice. We take the bookkeeping, the reconciliations and the month-end close across your client portfolio, produce the reporting pack in your format, and hand it to the CFO before the client meeting. Capacity is the other half of it: when you win three clients in a month, the accounting capacity is already there rather than something you scramble to hire.

Finalert provides the accounting layer that sits under a fractional CFO practice. Your CFOs keep the client conversation, the planning and the recommendations. We keep the ledger current, the reconciliations clean and the reporting pack ready on the date you set. Most fractional CFO firms start out doing the bookkeeping themselves, either because the client had nobody or because the existing records were not usable. That works for the first few clients and stops working after that: senior time goes into transaction coding, close weeks collide across the portfolio, and the practice cannot take on new clients without hiring ahead of the revenue.

What we take on, and what stays with you

We take the recurring accounting work: daily and weekly transaction processing, bank and card reconciliations, accounts payable and receivable upkeep, payroll journals, month-end close, and the supporting schedules behind each balance. We prepare the reporting pack in your firm's template so the CFO presents your work product, not ours.

You keep everything the client hired a CFO for. Forecasting assumptions, scenario choices, pricing and margin decisions, fundraising and lender conversations, board narrative and any policy call about how a transaction should be treated all stay with your CFO. We prepare and document. We do not sign filings, issue audit or attest opinions, or act as accountant of record for your clients.

Working across a client portfolio

A portfolio is not one client repeated. Each engagement gets its own runbook covering the chart of accounts, the approval points, the close checklist and the reporting format, so a client moving between CFOs inside your firm does not mean the accounting has to be relearned. Where you have a house standard, we follow it across the portfolio instead of inventing one per client.

Close weeks are scheduled rather than left to collide. We agree a staggered calendar across your clients up front, with a named backup for each one, so a busy month does not turn into a queue. Your firm sees the same status view for every client: what is closed, what is open, and what is waiting on the client.

Capacity is scoped to your pipeline. We size the team to the portfolio you have and agree the lead time to add to it, so you can quote a start date to a prospect knowing the accounting capacity will be there. When a client leaves, we resize down on the notice period we agreed rather than leaving you carrying it.