Fractional VP of Finance

Background

This Fractional VP of Finance role offers the opportunity to work with a fast\-growing financial services platform providing strategic and operational advisory services to venture\-backed technology companies. Formation Financial partners with high\-growth businesses across AI, SaaS, fintech, healthcare, and related technology sectors, supporting them as they scale their finance and accounting functions.

Role Description

We are seeking a Fractional VP of Finance to serve as the strategic finance lead across multiple client engagements, partnering with founders and client leadership on fundraising, financial planning, and investor reporting while collaborating closely with the Controllers who own day\-to\-day accounting. This role requires a seasoned finance operator who can move fluidly between hands\-on model building, advising founders through fundraising processes, and producing the kind of clean, decision\-ready reporting that boards and investors expect. We offer exposure to a diverse set of technology companies, competitive contractor compensation, and flexibility around work arrangements.

This role is a good fit if you have spent time in a finance leadership seat at a venture\-backed startup, enjoy partnering with founders during pivotal moments, and want to bring that experience to a portfolio of high\-growth companies in a flexible, contractor capacity.

Responsibilities

• Advise client leadership on fundraising strategy and process, including investor materials, diligence preparation, and round structuring
• Build, maintain, and stress\-test operating models, fundraising models, and scenario analyses
• Monitor and report on key financial and operational metrics, including bookings, ARR, burn, runway, and other KPIs relevant to each client
• Develop and own cash flow monitoring tools and processes, providing forward\-looking visibility for client leadership
• Manage client cap tables in coordination with founders, legal counsel, and equity platform providers
• Support board and investor reporting, including preparation of materials and follow\-up analysis
• Partner closely with the Controller team to ensure financial reporting reflects the underlying accounting and to surface issues early
• Identify opportunities to improve financial processes, systems, and reporting across client engagements

Required Qualifications

The following reflect minimum requirements for this role:

• 8\+ years of progressive finance experience
• Prior experience in a finance leadership seat (VP Finance, Head of Finance, Director of Finance, or fractional CFO) at a venture\-backed startup
• Direct experience supporting at least one fundraise from a finance leadership seat
• Demonstrable experience building and maintaining sophisticated financial models, including operating models, fundraising models, and scenario analyses
• Hands\-on experience with Carta and QuickBooks Online, as well as other modern tools (e.g. Rillet, Gusto, Brex, Bill, Ramp, Rippling)
• Demonstrable ability to manage multiple client engagements or workstreams concurrently
• Clear written and verbal communication with founders, board members, and investors

Preferred Qualifications

Strong preference will be given to candidates demonstrating experience in the following:

• Prior consulting or advisory experience supporting early\-stage companies
• Experience in outsourced finance, fractional CFO, or multi\-client environments
• Demonstrable proficiency with current AI tools applied to finance work
• Experience automating financial workflows
• MBA, CFA, or CPA

Additional Information:

Candidates must be authorized to work in the United States. Formation Financial is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. Reasonable accommodations will be provided to qualified individuals with disabilities in accordance with applicable law. This role is performed remotely on a contract basis, with reasonable availability during U.S. business hours. The responsibilities described above are not intended to be an exhaustive list and may evolve based on business needs.

Work Location: Remote