“I am definitely starting to see more people with an FP&A background becoming fractional CFOs.”

Michael King, founder of The CFO Accelerator, coaches hundreds of  fractional CFOs and accountants in building “6 and 7-figure advisory firms”.

King arrives on the bustling fractional CFO scene at a time when demand for part-time finance chiefs working for several companies is  higher than ever. In King’s words in the next decade a small business having a fractional CFO will be just as common as bringing in a bookkeeper as hiring fractional CFOs becomes the “cost of doing business” at small and medium-sized enterprises. And according to King, those with an FP&A background have a significant advantage.

“FP&A really gets people ready for those CFO technical skills. So when I think about FP&A, I'm thinking about things like forecast projections, budgets and models, and data management, alongside communications across functional divisions within a business. And that's a huge part of what a fractional CFO has to understand”.

Covered in this episode

• King’s path from being a navy nuclear engineer to a fractional CFO leader

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Read the full transcript and blog

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Episode links 

The CFO Accelerator podcast with Michael King

The CFO Report (Youtube channel)

The The 5-Minute Fractional CFO Newsletter