Top Ranked
Fractional CFOs

Why These
Fractional CFOs?

Last Updated January, 04, 2021

Wimgo uses a multi-phase selection process beginning with a holistic review by our data team to check any red flags or unresolved complaints. It then selects its curated list using its expert review team on five main criteria listed below, assigning them numerical values. Finally, it selected the top 21 Fractional CFOs for Houston, tx.


Reputation

Analysis of all reviews across verifiable platforms to determine overall sentiment.

Expertise

Team experience and knowledge, along with number of years in business.

Service Quality

The quality of service delivered measured by quality, speed, and value.

Consistency

Rate at which the business consistently produce high quality outcomes.

Customer Service

Reputation and quality of customer experience departments.

Top Fractional CFOs in Houston - 2020

Fractal CFO

Fractal CFO is an special group of fractional CFOs that collaborate with clients to accomplish their strategic goals by delivering top industry executive talent with knowhow in your industry and business stage. They can help you growing the company’s revenue, optimizing profitability and managing risk, or raising capital. Fractal CFO combines world-class talent and reliability of top agencies with the flexibility of freelance platforms.

Reputation
5/5
Expertise
3/5
Service Quality
5/5
Consistency
3/5
Customer Service
3/5
3.8
out of 5
5/5 | 4 Reviews

Calberts Tax ServiceLLC

Calberts Tax have proudly served their clients for over 10 years. They aim at helping individuals and help small businesses realize their financial ambitions by providing tax and financial recommendations, conducting business with integrity, and building long-term relationships with the client. They provide personalized service to every client and takes advantage of tax laws and regulations that benefit the clients the most.

Reputation
3/5
Expertise
5/5
Service Quality
4/5
Consistency
4/5
Customer Service
4/5
4
out of 5
5/5 | 7 Reviews

Sabo Accounting &Tax Services

Sabo Accounting and Tax Service aim at providing quality consulting, planning, tax, and accounting services, to owner-operated private and public business enterprises with exceptional experience, next-generation technology, and, always, a personal touch. They use the latest technology to provide customized solutions that fit our clients’ unique needs and provide convenience and accessibility

Reputation
3/5
Expertise
4/5
Service Quality
3/5
Consistency
5/5
Customer Service
3/5
3.6
out of 5
4/5 | 9 Reviews

Polk CPA Firm, PLLC

Polk CPA Firm, PLLC is a highly experienced Houston CPA firm with the insight to uncover financial opportunities and the commitment to see them through. They offer the innovations to skillfully manage your money so your business will prosper, even in the face of fiscal challenges. They’ll help you reduce tax liabilities, cut expenses, and upgrade accounting efficiencies to reveal a business that’s more profitable and ready to grow.

Reputation
3/5
Expertise
5/5
Service Quality
5/5
Consistency
3/5
Customer Service
5/5
4.2
out of 5
4/5 | 5 Reviews

M&K CPAS, PLLC

M&K CPA’s PLLC is a full-service CPA firm based in Houston, TX that provides various finance, accounting and auditing services for growing micro and small-cap publicly traded companies across the United States. In addition to working with publicly traded companies, they offer services for personal tax services and consulting solutions, privately held companies and more.

Reputation
5/5
Expertise
5/5
Service Quality
5/5
Consistency
5/5
Customer Service
5/5
5
out of 5
5/5 | 45 Reviews

PKF Texas CPAs and Professional Advisors

Pannell Kerr Forster of Texas are CPAs and professional advisors who work with their clients to co-develop solutions for what’s next in their business. Local and global companies seek them out for their service areas, which include profit enhancement, outsource and co-source accountancy services, joint venture consulting, internal audit, international/domestic tax, state and local tax, accounting, middle manager consulting, auditing and litigation services.

Reputation
5/5
Expertise
5/5
Service Quality
5/5
Consistency
5/5
Customer Service
5/5
5
out of 5
5/5 | 26 Reviews

THE ALLEN CPA FIRM PLLC

Based in Houston, Texas, The Allen CPA firm is a progressive tax, accounting, and business consulting firm that provides clients with expertise in their financial and business matters. Their Financial Professionals, CPA, and management consultations are here to serve your tax and accounting needs. Their mission is to assist individuals and help small businesses realize their financial ambitions by providing sage tax and financial advice, being responsive, conducting business with integrity, and building long term relationships with the client.

Reputation
5/5
Expertise
5/5
Service Quality
5/5
Consistency
5/5
Customer Service
5/5
5
out of 5
5/5 | 18 Reviews

My Tax Guy in Houston

My Tax Guy In Houston customer-first approach is how they provide highly personalized tax advice in a way that you can actually understand and implement. Whether you’re looking for top-notch data security, unrivaled subject matter expertise, or exceptional customer service, they are your ideal partner for business and tax advice throughout the entire year.

Reputation
5/5
Expertise
5/5
Service Quality
4/5
Consistency
4/5
Customer Service
4/5
4.4
out of 5
5/5 | 20 Reviews

Tracy Jones CPA LLC

At Tracy Jones CPA, LLC they take a practical, results-oriented approach to helping their clients achieve their financial goals. Because they understand that every client comes to them with a unique set of circumstances, they always take time to listen to your specific accounting needs. Whether your business is just starting out or well-established, their Houston, TX CPA firm is ready to help you realize your company’s full financial potential.

Reputation
4/5
Expertise
5/5
Service Quality
4/5
Consistency
4/5
Customer Service
4/5
4.2
out of 5
5/5 | 2 Reviews

Mike C. Manoloff CPA

Mike C. Manoloff CPA offers a high-end service you expect delivered with consistency and efficiency. They provide Houston businesses with synergistic solutions, blending tax strategy, accounting, and advisory into a single seamless experience. Whether you are opening a new venture, acquiring a running business, or growing your current company, they partner with you for success.

Reputation
5/5
Expertise
4/5
Service Quality
5/5
Consistency
5/5
Customer Service
4/5
4.6
out of 5
5/5 | 2 Reviews

John H Somerville CPA

John H. Somerville, CPA is licensed in TX and specializes in CPA. They offer a broad range of services for business owners, executives, and independent professionals. They are professional, experienced, and affordable. They offer a broad range of services to help you secure a sound financial future. Some of their services includes payroll, forensic accounting, banking financing, cash flow management, audit, review, compilation.

Reputation
5/5
Expertise
4/5
Service Quality
4/5
Consistency
5/5
Customer Service
5/5
4.6
out of 5
5/5 | 9 Reviews

Marino CPA Firm

Marino CPA is a boutique accounting firm and premier provider of accounting, tax and business consulting services with offices in Houston and Beaumont, Texas. They uphold small and mid-market businesses, their owners, as well as individual tax clients. With a tradition of excellence since 1976, their organization places a strong focus on individual client attention and fostering solid, long-term client relationships.

Reputation
5/5
Expertise
5/5
Service Quality
4/5
Consistency
5/5
Customer Service
4/5
4.6
out of 5
4/5 | 19 Reviews

Jay Finn, CPA

Jay Finn, CPA have been providing strategic tax and business services for individuals and small businesses since 1980. Founded by a former IRS agent, Jay Finn, CPA can get fast tax relief for businesses and individuals who are being dogged by the IRS. They’ve been helping individuals and businesses resolve complicated tax issues for over 35 years.

Reputation
5/5
Expertise
4/5
Service Quality
5/5
Consistency
4/5
Customer Service
4/5
4.4
out of 5
5/5 | 18 Reviews

Accounting in a Box

Accounting in a Box is a network of high caliber CPA and advisory firms that focus on small, midsize businesses, high-net-worth individuals and not-for-profit organizations. Services rendered by its members cover a wide range of accounting and consulting services including Tax, Business Valuation, Part-time CFO, Capital/Funding Advisory, Bookkeeping, Audit and many more.

Reputation
5/5
Expertise
5/5
Service Quality
5/5
Consistency
4/5
Customer Service
4/5
4.6
out of 5
5/5 | 9 Reviews

Cooper CPA Group

San K Butler, is a Houston CPA firm they will help you keep your taxes as low as possible, they will also assist you improve your financial position via sound tax planning, building your wealth through sound financial advising, and assisting to resolve your business issues.

Reputation
5/5
Expertise
5/5
Service Quality
4/5
Consistency
5/5
Customer Service
5/5
4.8
out of 5
5/5 | 5 Reviews

Marcum LLP

Marcum accountant is an institution that mainly provide service such as: taxation, accounting and assurance services, technological services, not leaving portfolio services out. Their main aim is to make organizations archive their long-term goals and become successful. The mainly equip entrepreneurs and managers with vital skills which are required to run the daily activities

Reputation
5/5
Expertise
5/5
Service Quality
5/5
Consistency
5/5
Customer Service
4/5
4.8
out of 5
5/5 | 6 Reviews

Ronnie L. Darden, CPA

Ronnie Darden, CPA is a certified institution providing certified public accounting services which mainly major in areas such as taxation, accounting and consultation services to customers, general public and small businesses. The accounting and taxation services they provide are efficient to meet the client needs. Their staff are well educated hence making their services reliable.

Reputation
3/5
Expertise
3/5
Service Quality
5/5
Consistency
3/5
Customer Service
5/5
3.8
out of 5
5/5 | 15 Reviews

Kvell Tax & Accounting

Kvell tax and accounting is an institution that provides tax and accounting consultation services to individual, customers, small and medium businesses. Their members are well equipped and experience since they have been working with large firms and they have come into agreement to educate people. They also advice foreign residents from all other sides of the world.

Reputation
5/5
Expertise
4/5
Service Quality
3/5
Consistency
4/5
Customer Service
4/5
4
out of 5
4/5 | 11 Reviews

Green & McElreath, CPA’s

Green and McElreath CPAs is a business entity that can be traced back in early 1920s. They provide accounting and catering services to individuals, businesses, customers and corporation. They have accounting experience since they have provided the services for so long and have partnered with trust and oil and gas venture. Their main aim is to make business successful and make them achieve their objective.

Reputation
4/5
Expertise
3/5
Service Quality
4/5
Consistency
4/5
Customer Service
3/5
3.6
out of 5
4/5 | 15 Reviews

The Energy CFO

Energy CFO is a business entity that was mainly formed to assist energy business venture operating in eagle ford to speed up their growth and by equipping them with experienced CFO leadership and experience that is vital to early and mid-staged private corporation. They have expanded their advisory and consulting services to executives and business owners.

Reputation
5/5
Expertise
3/5
Service Quality
4/5
Consistency
4/5
Customer Service
4/5
4
out of 5
5/5 | 8 Reviews

Now CFO

Now CFO is viewed as a business entity that has bettered his image to the general public as the best management consultants and financial advisor with good fighting spirits and which is mainly aimed at achieving his goals. Since they are experienced, they provide one of the best ideas which has helped many business and individuals to be successful. The clients and the customers are deeply rooted in bond.

Reputation
3/5
Expertise
5/5
Service Quality
3/5
Consistency
4/5
Customer Service
4/5
3.8
out of 5
4/5 | 16 Reviews

Expert Answers To Common Questions:

  1. How long does an engagement typically last?
  2. Can my Fractional CFO work on-site?
  3. What are the risks of using a Fractional CFO?
  4. What are the benefits of using a Fractional CFO?
  5. What exactly does a Fractional CFO do?
  6. What other things should I look for in a fractional CFO?
  7. What skills should a CFO have?
  8. How do fractional CFOs bill their rates?
  9. How much does a fractional CFO cost?
  10. What is a fractional CFO?
How long does an engagement typically last?

Generally, a fractional CFO engagement tends to last about 3 months, it could also be much longer depending on if the CFO is being replaced. That being said, there have been cases where a fractional CFO engagement lasted from 6 months to about 5 years. There are even some arrangements that have lasted indefinitely. However, when it comes to engagements, the most common ones tend to last 1 to 2 years.

Can my Fractional CFO work on-site?

Fractional CFOs are able to work either remotely or on-site. This is typically dependent on the retainer agreement drawn up. It could also be that the fractional CFO would split their time between working on-site and working remotely, however, this tends to depend on the demands of the business or project.

What are the risks of using a Fractional CFO?

With a fractional CFO, you do not have 24/7 access to them, as the rest of their time would have to be spent attending to their other clients. Additionally, they are unable to concentrate solely on your business and that could lead to your business not getting as much information as it would in the case of a traditional CFO.

What are the benefits of using a Fractional CFO?

Hiring a fractional CFO can mean cost savings to the business, as benefits, equity and profit-sharing agreements typically entered into with a traditional CFO are null and void.

 

A fractional CFO can improve cash flow by doing the following:

  • Introducing strategies that prompt clients to pay their invoices quicker
  • Ramp up collections in order to expedite payment receipts.
  • Cooperate with creditors and banks to manage lines of credit

 

They can also improve profit margins by doing the following:

  • Tracking spending by analysing things that are needed with things that aren’t
  • Reviewing financial statements at a high level enabling the organisation and its team members to concentrate on more pressing matters
  • Working with leadership to create a budget
  • Analysing monthly data to determine where profits are generated from.
What exactly does a Fractional CFO do?

A CFO has numerous duties, from deciding when and where company funds are invested to financial reportage. It is the duty of a CFO to oversee a business’s capital structure, determine the appropriate equity debt mix as well as internal financing. One of the most integral duties of a CFO, however, is to address any issues surrounding capital structure.

What other things should I look for in a fractional CFO?

Money management as well as an understanding of the business’s industry is a key trait for a fractional CFO.
Trustworthiness paired with logic is another key trait a fractional CFO should have, considering that it would be their job to manage the financial actions of a business. They would need to be trustworthy in order to analyse the organisation’s financial strengths and weaknesses, track cash flow, and propose corrective actions.
A fractional CFO needs to have strong leadership capabilities, as they have to be able to effectively communicate with the team, develop a vision for the future, and also share important information.
A fractional CFO should also be results-oriented. This means being able to set goals for the company which the finance team can work towards. It also involves discovering ways to measure outcomes and holding people accountable when those goals aren’t met.

What skills should a CFO have?

A fractional CFO should be a strategist, being able to assist the CEO in novel opportunities, becoming more strategic, and taking on a role more akin to a business partner.
The fractional CFO should also be able to seamlessly translate the Key Performance Indexes of the company into integral information for the CEO, whilst also transforming the CEO’s strategy into an actionable plan. This plan also has to be communicated effectively to the rest of the organisation.
The fractional CFO should also have the skills of a spokesperson. They are not only responsible for financial issues, but they are also responsible for motivating the organisation to execute the company’s strategy and communicating with shareholders.
A fractional CFO should have broad technical knowledge in conjunction with financial management and reporting. This means they should understand the basics of investment, cash flow forecasting and much more.
A fractional CFO should also have the skills of a risk manager, especially as businesses become more international and complicated. They not only have to ensure compliance with a growing list of laws and regulations but they also need to recognise, assess, and respond to emerging and ongoing risks to the business.

How do fractional CFOs bill their rates?

Fractional CFOs tend to work on retainer agreements and the retainers usually range between $1,000 and $1,500 on the low end, $1,500 to $2,500 on the mid-end, and anywhere above $5,000 to $25,000 on the high end.

How much does a fractional CFO cost?

A fractional CFO costs tend to differ depending on the scope of work they do, the complexity and size of the business, the strength of the in-house finance team, and the business’s financials. A fractional CFO tends to cost on average anything from $3,000 to $10,000 per month. Fractional CFOs tend to charge an hourly rate range of $100 to over $250. However, this typically depends on the chosen tier of the fractional CFO. There are three tiers of remuneration, with the first being $50 to $125 per hour, the second being $125 to $150 and the third being $200 to about $350 per hour.

What is a fractional CFO?

A fractional CFO (chief financial officer) can be defined as a CFO with experience who offers their services to companies on a contract, retainer, or part-time basis. This arrangement enables the company to have the expertise and experience of a qualified CFO without having to incur the traditional costs (bonuses, benefits, and salary) of a full-time CFO. A fractional CFO tends to work virtually with a goal to replace the full-time CFO on a temporary or permanent part-time basis.