F:CFO

services & Expertise

Transitus Advisors provides Fractional CFO services to companies seeking to elevate financial strategy, overcome challenges, maximize profits, and accelerate growth. With decades of experience developing successful financial strategies, our CFOs are experienced in working with organizations of all sizes, industries, and stages.

Explore our areas of expertise and case studies, or contact us to learn how Transitus Advisors can use our flexible expertise to help your organization.

Our Expertise

  • A F:CFO ensures accurate and timely financial reporting, budgeting, and performance tracking. They establish robust financial controls, monitor expenditures, and provide insights into cost-saving opportunities. Their oversight extends to managing accounting teams and maintaining adherence to financial policies and procedures.

  • Developing and implementing financial strategies aligned with the company’s long-term objectives is a crucial responsibility of an F:CFO. They work closely with senior management to set financial goals, create budgets, and develop forecasts. This collaboration ensures that financial planning supports the overall business strategy.

  • Ensuring compliance with financial regulations and standards is another key responsibility. An F:CFO prepares accurate financial statements, oversees audits, and checks that all financial activities comply with relevant laws and regulations. This compliance is crucial for maintaining the company's reputation and avoiding legal issues.

  • Managing investor relationships and securing necessary funding to support operations and growth are essential tasks. An F:CFO communicates with investors, provides them with accurate financial information, and seeks additional funding when needed. This role is critical for maintaining investor confidence and ensuring the company's growth.

  • A F:CFO plays a crucial role in mergers and acquisitions (M&A) transactions by leveraging financial expertise to drive informed decision-making and successful integration. They assess potential targets' financial health and viability through rigorous due diligence, identifying risks and opportunities that impact valuation and strategic fit. The CFO's financial insight enables them to negotiate favorable terms and structures, maximizing value for their organization.

    During the integration phase, they oversee financial integration plans, ensuring alignment of accounting practices, systems, and reporting standards to streamline operations and achieve synergies. By providing clear financial insights, managing financial risks, and optimizing capital allocation, the CFO facilitates a smooth M&A process and enhances the combined entity's long-term financial health and growth prospects.

  • F:CFO plays a pivotal role in audit preparation and readiness by overseeing critical financial functions within an organization.

    They ensure that financial statements are prepared accurately and in compliance with regulatory standards, implement robust internal controls and processes, the CFO safeguard the integrity of financial data

Our delivery modality

  • Fractional

    A part-time CFO, a key member of your leadership team, efficiently delivers on your variety of needs by bringing the right expertise for the right amount of time, without the burden of a full-time commitment.

  • Interim

    An interim CFO is an immediate solution to a pressing need, such as an unanticipated resignation, maternity leave, or temporary backfill. It also extends the window for hiring, allowing for business-as-usual without the pressure to rush to a long-term commitment.

  • Project based

    Even if you have an existing CFO, you may require additional expertise, knowledge or man-power for a project. Whether to prepare for a financing event, a systems implementation or M&A transaction we can provide as needed bandwidth or experience.

Case studies

COMPANY A

CHALLENGES:

After a significant fundraising round, the sudden departure of the CEO, CFO, and controller led to disarray in the organization's Finance and Administration function. This included a destabilized team, weak financial controls, outdated systems, the absence of a data analytics framework, and low team morale.

ACTIONS:

  • Restructured the accounting team, hired new financial leaders, and improved financial processes.

  • Established monthly financial close for better business insight and control.

  • Supported CEO and board in long-term strategy implementation.

  • Prepared for potential IPO with collaboration from bankers and lawyers.

  • Implemented an ERP system (NetSuite) for improved financial reporting and control.

  • Aligned budgets with strategic objectives and improved decision-making with data analytics.

RESULTS:

  • Positioned F&A as a trusted partner and value creator.

  • Extended company's cash runway by 1/3rd.

  • Enhanced corporate value through focused R&D and strategic partnerships.

  • Optimized cash for quicker regulatory approval and market access.

  • Successfully led the team through a PCAOB-compliant audit.

company b

CHALLENGES:

The existing financial leadership lacked the strategic mindset needed to transition the company into its next phase, particularly focusing on strategy and making difficult resource allocation decisions.

ACTIONS:

  • Issued a rallying cry for all executives to step up, take ownership, and align their efforts with the organization’s mission.

  • Embarked on a critical review course, evaluating all decisions against corporate goals and objectives, including budget challenge project, developing a more robust and holistic diagnosis of spend/no-spend decisions.

  • Coached, guided, and mentored the CEO on the financial and cash flow implications of key decisions, including board talking points and data-driven insights.

  • Implemented a monthly (from quarterly) financial close cycle and bolstered controls and processes to ensure the accuracy and timeliness of our reporting.

RESULTS:

  • Saved $125M+ annually while focusing on anticipated time to market for core therapies.

  • Realized $15M in one-time savings by focusing on timing and strategic purchasing best practices.

  • Achieved a 33% reduction in the budget for 2023 and minimized impact on long-term objectives via budget management.

company c

CHALLENGES:

A Founder with an idea and seed capital needed assistance in establishing all aspects of funding, financing, and operations.

ACTIONS:

  • Recruited as the CFO on a fractional basis, with responsibility over all financial decisions and working closely with the board and founder to drive strategy and attract external investment capital

  • Developed investor pitch materials and refined the marketing pitch to attract early-stage investors 

RESULTS:

  • Funded Stage 1 research for ‘proof-of-concept’ and initial mathematical modeling

  • Recruited leading experts to join the company either as founders or employees

  • Established all aspects of the Corporate and governance structure