Fractional CFO Contract Part Time NEW

We are seeking an experienced, hands-on Fractional CFO / Director of Finance to oversee the financial operations and strategic financial planning of a multi-unit restaurant and hospitality group.

The ideal candidate will have extensive experience in the restaurant and hospitality industry, with a strong understanding of operational finance, accounting oversight, financial reporting, and profitability management.

This position will work directly with ownership and senior leadership while overseeing one in-house bookkeeper.

Key Responsibilities

• Oversee day-to-day accounting functions and supervise the in-house bookkeeper.
• Manage monthly financial close processes and ensure accurate, timely financial statements.
• Prepare and analyze monthly P&Ls by location, department, and revenue center.
• Develop annual operating budgets, financial forecasts, and cash-flow projections.
• Monitor and analyze food, beverage, and labor costs, identifying opportunities to improve profitability.
• Oversee accounts payable, accounts receivable, payroll reconciliation, and financial controls.
• Manage cash-flow planning, vendor payment schedules, and financial obligations.
• Provide consolidated financial reporting and strategic recommendations to ownership.
• Establish and improve financial processes, reporting structures, and internal controls.
• Coordinate with external accountants and tax professionals.
• Partner with operations leadership to evaluate financial performance and drive business decisions.

Qualifications

• Previous experience as a CFO, VP of Finance, Controller, or Director of Finance within a restaurant or hospitality group.
• Strong multi-unit restaurant financial management experience.
• Hands-on accounting and financial reporting expertise.
• Experience overseeing a small accounting team.
• Advanced knowledge of restaurant P&Ls, COGS, labor costs, and cash-flow management.
• Experience with restaurant accounting and POS systems preferred.
• Ability to work independently and communicate directly with ownership.

Position Structure

Part-time / Fractional Consulting Engagement

Flexible schedule based on business needs

Compensation commensurate with experience and scope of responsibilities

Pay: $150,000.00 – $180,000.00 per year

Experience:

• CFO: 4 years (Required)

Work Location:

Hybrid remote in New York, NY 10040

Compensation

$ 150000 – $ 180000 per year

Tagged as: CFO, Financial Reporting, Hospitality, Profitability Management, Restaurant Management