One of the biggest trends in the job market in recent years has been the rise of fractional executives – particularly within finance. These roles tend to be senior and filled by experienced candidates who work for a business on a single-digit number of days per month. They often do this for several clients, building up a portfolio of companies and sharing best practice between them.

The main advantage of this Fractional approach is that it gives small businesses (that have plans to grow) access to highly skilled individuals who they may otherwise have not been able to afford on a full-time or even part-time basis. Having a skilled CFO with a good track record who can guide them through a period of rapid expansion, an important transaction, or financially complex projects, may help propel them to the next level.

The other benefit of a fractional hire is its flexibility. While a role may start as a day per fortnight – if you are negotiating with banks on a fundraising round, for instance – you can increase the number of days you need your fractional CFO. At Rutherford Cross, we are engaging with a number of high-calibre fractional CFO’s and high growth-potential businesses that are realising the benefits of fractional hires.

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