Fractional CFO
Fractional Chief Financial Officer — Avatar Natural Foods Group Henderson, NV | Part-Time / Fractional | Hybrid Compensation: $9,000–$14,000 per month retainer, based on experience
About Us
Avatar Natural Foods Group is a fast-growing food manufacturer based in Henderson, Nevada, with bakery operations in Gridley, California. We produce frozen meals and premium cookies for national retailers and distributors, including our Bettr Bowl and Cali Crumble brands.
We have grown rapidly and are now building the financial leadership to match. We need an experienced CFO who can strengthen our reporting, manage lender and investor relationships, and support our next stage of growth.
- What You Will Own
- Financial Leadership: Serve as the senior finance leader, reporting directly to the CEO and overseeing the Controller and accounting team.
- Cash Management: Own the 13-week cash flow forecast, weekly payment planning, and working-capital strategy.
- Lender Relationships: Manage relationships with banks and equipment lenders, including covenant compliance, reporting packages, and refinancing.
- Capital Raise: Lead financial preparation for equity and debt raises, including investor models, data rooms, and due diligence.
- Financial Reporting: Deliver accurate monthly financial statements across multiple entities, with consolidated and entity-level reporting.
- Revenue Integrity: Oversee revenue recognition, distributor deductions, chargebacks, and trade spend under GAAP.
- Margin and Pricing: Analyze product, customer, and channel profitability to guide pricing and new business decisions.
- Budgeting and Forecasting: Build the annual budget and rolling forecasts tied to production, sales, and capital plans.
- Controls and Systems: Strengthen internal controls, month-end close discipline, and ERP data integrity.
- Tax and Audit Coordination: Work with our outside CPA on tax planning, filings, and any review or audit work.
- Required Qualifications
- Experience: 10+ years of progressive finance experience, including at least 5 years as a CFO, VP of Finance, or Controller with strategic responsibility.
- Industry: Experience in food manufacturing, CPG, or consumer products with retail and distributor sales.
- Multi-Entity Accounting: Proven experience consolidating multiple related entities, including operating companies and real estate holding companies, with intercompany reconciliation.
- Lender Management: Direct experience managing commercial lenders, equipment financing, SBA loans, and covenant reporting.
- Capital Raising: Track record supporting or leading equity or debt raises, including investor materials and due diligence.
- Cash Flow: Hands-on experience managing cash in a high-growth or capital-constrained business.
- GAAP: Strong command of GAAP, including revenue recognition (ASC 606), inventory accounting, and fixed assets.
- Retail Deductions: Experience with distributor and retailer deductions, chargebacks, and trade spend (UNFI, KeHE, or major retailers).
- Cost Accounting: Understanding of manufacturing cost accounting, standard costing, yields, and COGS.
- Systems: Advanced Excel and financial modeling skills, plus experience implementing or improving ERP systems.
- Communication: Ability to present financial results clearly to owners, lenders, and investors.
- Preferred Qualifications
- Credentials: CPA, CMA, or MBA in finance or accounting.
- ERP: Odoo experience is a strong plus.
- Turnaround Experience: Background stabilizing finances during rapid growth, restructuring, or lender workouts.
- Transactions: Experience with M&A, sale-leaseback, or real estate financing.
- Retail Programs: Familiarity with national retail accounts such as Whole Foods, Kroger, Costco, Sam’s Club, Target, and ALDI.
- Languages: Spanish or Portuguese is a plus.
- Engagement Structure
- Hours: 10–15 hours per week for the first 90 days, then 5–8 hours per week ongoing.
- Location: Hybrid. Regular on-site presence in Henderson is expected, especially during the first 90 days.
- Meetings: Weekly leadership meeting with the CEO and Controller, plus weekly cash planning.
- Terms: Monthly retainer with a 90-day review.
- Why Join Us
You will work directly with the CEO and have immediate impact on a company scaling across national retail. The right leader will help shape the financial foundation for long-term growth.
To Apply: Submit your resume and a short note describing your CFO experience, the industries you have served, and examples of lender or capital-raise work you have led.
Pay: $50,000.00 - $80,000.00 per year
Education:
- Master's (Preferred)
Experience:
- Accounting: 10 years (Required)
- Cash Flow Management: 10 years (Required)
- Leadership: 10 years (Required)
- Bookkeeping: 5 years (Preferred)
Work Location: In person
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