Hire a Fractional VP of Finance
Fractional VPs of Finance, a Function That Scales
Senior finance leadership without the full-time overhead. Fractionus connects you with pre-vetted fractional VPs of Finance who plug in fast, build the function, and keep your board and investors on solid numbers.
What is a fractional VP of Finance?
A fractional VP of Finance is a senior finance operator who builds and runs your finance function part-time: the close, the reporting, the systems, and the team. In US companies the VP of Finance sits under the CFO as the operational leader of the function, or serves as the top finance role at funded companies not yet ready for a CFO. Australian and UK businesses usually call the same role a Finance Director. See where it sits across the full finance function. Fractional VPs of Finance are also described as part time, outsourced, or virtual VPs of finance, and the arrangements are broadly the same.
What they focus on
- Monthly close, reporting, and accounting operations
- FP&A: forecasting, budgeting, and board reporting
- Finance systems and process architecture
- Building and managing the finance team
- Investor reporting and fundraise support
When to hire a fractional VP of Finance
You have raised money or found real traction, and the finance function has not kept up.
- You just raised and investors expect real reporting. Monthly updates, burn tracking, and a working model need an owner from day one - and hiring a full-time executive takes months you do not have.
- Your CFO is stretched across strategy and operations. A VP of Finance takes the close, reporting, and team so your CFO can stay on capital, pricing, and the board.

Fractional CSIO
Ex-SoundCloud

Fractional CRO
Ex-Heineken

Fractional CXO
Ex-McKinsey

Fractional GTM
Ex-Salesforce

Fractional Head of AI
Ex-GE Capital

Fractional COO
Ex-Glossier

Fractional CTO
Ex-Afterpay

Fractional CTO
Ex-Google

Fractional CTO
Ex-BMW

Fractional CPO
Ex-Lego

Fractional CFO
Ex-We Are Brands
Fractional VP of Finance vs CFO vs Finance Director
Three comparisons decide this hire, and one of them is really about titles.
- Fractional VP of Finance vs fractional CFO. The VP builds and runs the function: close, reporting, systems, and team. The CFO owns financial strategy: capital, investors, and the board. The VP makes the numbers work; the CFO decides what the company does with them.
- Fractional VP of Finance vs Finance Director. Same remit, different markets: VP of Finance is the US title, Finance Director the UK and Australian one. If your investors and board speak US, this is your page. If they speak UK or AU, the FD page reads the same role in local language.
- Fractional vs interim. Fractional is part time and ongoing, built to construct something. Interim is full time and temporary, built to cover a gap, typically four to sixteen months, and at funded companies it is usually scoped as an interim CFO.
What a fractional VP of Finance engagement looks like
Most companies start at 1-2 days per week to build the reporting foundation, then adjust once the close and forecast run on rails. Common formats: retained days, sprint blocks, or outcome-based scopes.
Current fractional VP of Finance day rates are set out in our fractional executive rates guide.
90-day deliverables typically include
- Close process shortened, documented, and running to a fixed date
- Monthly reporting pack for board and investors
- Operating model connecting the P&L to headcount and pipeline
- Finance systems reviewed, with a fix-or-replace call on each
- Finance hiring roadmap for the next 12 months
Hire a Fractional VP of Finance
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Why fractional VP of Finance demand is rising
Funded companies used to jump straight from bookkeeper to CFO and hope the middle sorted itself out. Increasingly they hire the function-builder first: a fractional VP of Finance who stands up the close, reporting, and systems a few days a week, with the CFO decision made later and better. Industry reporting and platform data show sharp growth in fractional finance roles since 2022.
How Fractionus places fractional VPs of Finance
- Brief us once. Your stage, funding position, reporting expectations, systems, and team.
- Shortlist in days. Meet 2-3 vetted fractional VPs of Finance matched to your needs.
- You choose. Interview, check fit, and select your leader.
- We handle everything else. Contracts, billing, onboarding, and smooth scale-up or scale-down.
What your fractional VP of Finance will deliver, and how to measure it
- A close that finishes on a predictable date each month
- Board and investor reporting delivered without a scramble
- A finance team plan matched to the stage you are at
- Leading indicators (burn, runway, gross margin) reported monthly and tied to plan
Frequently Asked Questions
Where can I hire a fractional VP of finance?
You can hire a fractional VP of finance through investor and founder networks, specialist executive recruiters, or dedicated fractional platforms. The right source depends on your stage, how quickly your reporting needs to stand up, and whether you want help evaluating candidates.
A strong fractional VP of finance should have built a function from incomplete parts before - taken over a slow close, stood up investor reporting, and hired the first finance team members. Fractionus is a practical option when you want a vetted shortlist of fractional VP of finance candidates without the overhead of a traditional search process.
What is the best platform for hiring a fractional VP of finance?
The best platform vets for builders - people who have shortened a close, implemented systems, and stood up reporting from scratch - rather than career reviewers of other people's work, and can match you quickly without requiring you to sort through irrelevant profiles. Fractionus is built for this, with pre-vetted fractional VPs of Finance and a shorter path from brief to shortlist.
That speed matters most in the window right after a raise, when investor expectations arrive faster than a traditional executive search can move. For most buyers, the best platform is the one that saves screening time without sacrificing the depth of experience you need.
How much does a fractional VP of finance cost?
Most fractional VP of finance engagements start at one to two days per week while the reporting foundation is built, charged as a day rate or a monthly retainer. Cost varies with seniority, market, and how much of the function you need owned rather than advised on.
Current rate ranges by role are set out in our fractional executive rates guide. As a rule of thumb, a fractional arrangement costs materially less than a full-time VP of Finance, because you buy the days you need rather than a permanent salary and package.
How do I start a search for a fractional VP of finance?
Start by defining what has to be true in 90 days: a close that lands on time, an investor update that goes out without heroics, a model the board believes, or a finance hire made and onboarded. The role is whatever gets those done.
Clarify what already exists - bookkeeper, accountant, tools - and what the VP of finance will own versus build. A clear brief with defined outcomes will attract better candidates and help you assess fit faster.
What should I look for when hiring a fractional VP of finance?
Look for evidence of building at your stage: a close they shortened, a reporting stack they implemented, a team they hired and structured. Ask what they built versus what they inherited, because the distinction is the whole role.
You also want someone comfortable in front of investors without a CFO in the room. If your board will read their work every month, they need to write for that audience.
How do I vet a fractional VP of finance before hiring?
Ask for a before-and-after on a function they ran: close timeline, reporting quality, systems, and team when they arrived versus when they left. Ask which system migrations they have led and which they would refuse to repeat.
A good vetting process tests building and follow-through, not just credentials. If every example is analysis rather than implementation, you are interviewing for a different role.
How does a fractional VP of finance compare with a CFO?
A VP of finance builds and runs the function: close, reporting, systems, and team. A fractional CFO owns financial strategy: capital structure, investor relations, fundraising, and board-level planning. The VP makes the numbers work; the CFO decides what the company does with them.
Many funded companies hire the VP of finance first, because strategy without a working function is just slides. Others run both fractionally - a CFO a few days a month on capital and board work, a VP of finance weekly on the engine. A part time VP of finance, an outsourced VP of finance, or a virtual VP of finance usually means the same fractional arrangement described differently.
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