Fractional CFO
For businesses that never had a finance function but whose numbers already demand management
A fractional or interim CFO: the JB Solutions team takes over your company's finance function. You get not one person but a CFO with a team: a financial analyst, accounting and tax experts, lawyers and HR as needed. We build finance from scratch, create a financial plan and take responsibility for its execution, and once the system is ready, we hand it over to a permanent CFO or grow one inside your company. Fixed fee from 750,000 KZT per month, VAT not included.
When you need this
The company has never had a finance person; decisions are made by looking at the bank balance
The business has grown and needs planning: budget, forecast, execution control
The search for an in-house CFO is dragging on: the market is thin, strong candidates are expensive
You are not ready to pay a full CFO salary, but the function is needed now
You want finance in order before raising investment or a loan
You plan to grow a CFO from your own team and need a mentor and a system
What's included
- Audit of current finances: accounting, cash, margins, taxes, risks. We implement the recommendations ourselves
- Finance function from scratch: management reporting (P&L, CF, balance sheet), payment calendar, budget
- Annual financial plan with responsibility for execution: monthly plan-vs-actual reviews
- Procedures: payment approvals, procurement, receivables, pricing
- Monthly owner's report with analysis of numbers and decisions
- System handover: we hire and onboard a permanent CFO or grow one from your team
Process
We review accounting, cash, taxes, and processes. A report with recommendations and an implementation plan.
We implement the recommendations ourselves: reporting, payment calendar, budget, procedures.
We run the finance function: plan-vs-actual, forecasts, budget control, owner's report.
We hand the system over to a permanent CFO: helping hire externally or growing one from your team.
Pricing
Fixed fee excluding VAT, includes a CFO with a team: financial analyst, accounting and tax experts, lawyers and HR as needed. Alternative: success fee, minimum 3 months at 400,000 KZT plus a reward starting from 5 monthly market CFO salaries upon reaching agreed targets.
In-house CFO vs fractional: a comparison
A strong CFO in Kazakhstan costs 1 to 2.5 million KZT per month including taxes, and finding one is hard: the market is thin and the best are already employed.
| In-house CFO | JBS Fractional CFO | |
|---|---|---|
| Monthly cost | 1–2.5M KZT incl. taxes | from 750,000 KZT fixed |
| Time to start | 3–6 months to find and hire | 1–2 weeks |
| Competencies | one person | a team: CFO, analyst, tax, legal, HR |
| Vacation, sick leave | the function stalls | the team works without interruption |
| Bad-hire risk | a lost year plus compensation | a contract with one-month exit |
| Goal | stay on payroll | build the system and hand it over to you |
What you will see after 1, 3, and 6 months
- Month 1: audit done, your first management report and payment calendar. You see the real cash picture for the first time
- Month 3: budget and plan-vs-actual running, payment procedures in place. Decisions are made on numbers
- Month 6: the finance function is built and documented, a candidate for permanent CFO identified. The system is ready for handover
Who this service is not for
- Micro-businesses with no employees and simple flows: an accountant and a one-off consultation will do
- If you are not ready to show real numbers: the finance function cannot work without complete data
- A business in acute crisis with cash gaps: (anti-)crisis management first, then building the function
Why not an in-house CFO
A fractional CFO covers the function immediately: the team starts within a week, not a quarter. And you pay for the function's results, not for someone's presence in the office.
We do not replace an in-house CFO forever. Our goal is to build the system and hand it over. When the business grows into a permanent CFO, you will hire them onto a ready-made system, and they will add value from month one.
FAQ
- How is this different from (anti-)crisis management?
- The crisis service is for a business losing control: stabilization and rescue. A fractional CFO is for a healthy business that needs a finance function and planning. If the audit reveals a crisis, we will say so honestly and propose the appropriate format.
- How much time do you dedicate to the company?
- This is not hourly staffing. We are responsible for the function: reports come out on time, the budget is controlled, plan-vs-actual is reviewed monthly. The team's workload adapts to the tasks, not the other way around.
- How does the success fee option work?
- Minimum 3 months at 400,000 KZT per month plus a reward starting from 5 monthly market CFO salaries upon reaching targets. Targets and the formula are fixed in the contract after the audit.
- What if we already have a chief accountant?
- Great, that is the foundation. Accounting covers tax and statutory books; the CFO covers management numbers, planning, and decisions. We work with your chief accountant, not instead of them. And if they are ready to grow, we can develop them into a CFO.
- When will we see first results?
- First management report and payment calendar: within the first month. A full budget and plan-vs-actual: from month two or three. A fully built function ready for handover: from 6 months depending on business scale.
- Will you be present in the office?
- By agreement. The default format is remote work plus regular meetings with the owner and team. For Almaty, on-site days are possible.
- What software do you work in?
- Your stack: 1C, Google Sheets, Excel. Nothing to buy. If a tool is slowing the work down, we will recommend a replacement and implement it ourselves.
- How is confidentiality ensured?
- We sign an NDA. No access to bank accounts is needed: we work with statements and accounting data, payments are made by your team. Data is visible only to the team members assigned to you.
- What if it does not work out?
- Contract exit with one month's notice. Everything we built stays with you: reports, models, procedures, configured files. No lock-in to us as an irreplaceable contractor.
Discuss your task
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