Client CFO – Restructuring & Turnarounds

This is a fully remote position, open to applicants in United States.

📋 Description

• Act as a fractional Client CFO for a focused portfolio of 2–3 clients undergoing restructuring, turnaround, or special circumstances.

• Take ownership of cash management, 13-week cash flow forecasting, and liquidity runway.

• Collaborate with founders, CEOs, boards, and investors.

• Manage relationships with lenders, creditors, landlords, vendors, and investors, including discussions on forbearance and workouts.

• Develop cash flow, scenario, downside, KPI, and early-warning models and dashboards.

• Lead initiatives in cost restructuring, working capital optimization, and margin triage.

• Ensure the integrity of reporting with internal accounting practices.

• Provide advice on out-of-court restructuring, debt renegotiation, bridge financing, and capital management.

• Take ownership of creditor packs and lender presentations, serving as deal-time CFO for recapitalizations, wind-downs, or distressed M&A.

• Assist in preparing board materials and communicating with investors.

• Create frameworks for decision-making related to runway, burn rates, and critical trade-offs.

• Standardize cash flow models, creditor waterfalls, and scenario trackers.

• Utilize Claude and LLMs to enhance efficiency while ensuring rigor.

• Document playbooks for special situations and improve delivery under tight timelines.

• Oversee month-end closing, accounting activities, financial management reports, annual audits, and budgeting processes.

• Prepare and convey cash flow projections and current cash positions to clients.

⛳️ Requirements

• Proven finance leadership experience, specifically in restructuring, turnaround, or distressed situations.

• Prior experience as a multi-client or portfolio CFO.

• In-depth knowledge of DTC, retail, omnichannel, and wholesale consumer business models.

• Practical experience in building and utilizing 13-week cash flow models and managing liquidity challenges.

• Experience in negotiating with lenders, creditors, or landlords and assisting in workout or forbearance processes.

• Strong FP&A and modeling expertise, including multi-year three-statement modeling and downside scenario planning.

• Familiarity with QBO and NetSuite.

• Ability to synthesize complex and partial data while confidently communicating difficult truths.

• Experience collaborating directly with executive teams and boards under pressure.

• Capability to manage 2–3 concentrated client relationships at the same time.

• Comfort in a lean, high-performance, distributed team environment.

• Legally authorized to work in the United States without sponsorship.

• Residing in the United States.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Opportunities for professional development and growth.

• Flexible working environment.

• Comprehensive health and wellness benefits.