Ask HN: hiring part-time Financial Manager/CFO?

2 points by abhishivsaxena 12y ago ↗ HN

For a startup which is seeing some cashflows but is still unable to afford a full time, well networked CFO or Financial Manager (150k+). But could afford 5-8 days per month of his or her time.

Does it make sense to hire s/he on a part time basis. My reasons would be:

1) offload accounting, treasury, and tax functions. 2) offload some of the fund raising responsibilities.

Would anyone have an opinion or experience they would like to share?

1 comment

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JSeymourATL 12y ago ↗

Rent a CFO is a smart play for a start-up. Especially when you need help systematizing the business for growth. Suggest you look for someone established, who works on a consulting basis. Bonus, these guys can often foster introductions to a wide network of contacts, including investors.

Here's an article that may be useful> http://online.wsj.com/news/articles/SB125358186243529783