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S5E5: Why Your Business Needs a Fractional CFO with Kim Murray
Manage episode 379352166 series 3354713
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What is a fractional CFO? A fractional CFO is an experienced finance professional who brings extensive expertise to a company on a part-time or project basis, often when the company needs more experience managing their finances – at a fraction of the cost.
Kim Murray is not your typical CFO; She is a strategic leader and a passionate advocate for achieving maximum impact in the business world. With over 20 years of finance experience under their belt, including an impressive 3 years as a dedicated Fractional CFO, she has mastered the art of leveraging financial prowess to create tangible, transformative results. Her approach involves more than just the numbers; it's about weaving a tapestry of strategic direction and heartfelt purpose, ensuring that businesses not only thrive but also leave a lasting positive impact on their employees and the wider community.
In this episode, we discuss why your organization should consider hiring a fractional CFO, tips and strategies for managing your company’s finances, failing fast, working with the right clients, and more!
01:58 - About Kim’s business, what is a CFO?
04:12 - When to consider a fractional CFO
06:15 - Bookkeeper vs Accountant vs CFO
08:15 - Tips and Strategies for company finances
11:00 - Fail fast
15:31 - Managing Finances
17:32 - Value of a CFO
21:19 - Passion: Do what you love, love what you do
22:14 - Working with the right clients
26:03 - Working together
28:37 - REVUP Training / Fascination Advantage
32:36 - Surrounding yourself with the right people
33:46 - Investing in a fractional CFO
35:36 - Can an accountant be a CFO?
38:05 - Where to find Kim
Visit Flexify - https://www.flexify.ca/
Connect with Kim - https://ca.linkedin.com/in/kim-murray-cpa-ca
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Hosted by Hilda Gan - ca.linkedin.com/in/hildagan
Visit us at - peoplebrightconsulting.com
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Hilda Gan is a sought-after expert on effective HR strategies, work culture enhancement, and employee engagement. Unique among HR consultants, Hilda combines over 25 years of HR expertise with business acumen and business owner experience.
People Bright Consulting is an award-winning HR Management Consulting firm that helps leaders of companies build the foundations for successful hiring, healthy and inclusive work culture, and engaged staff. It starts with listening to our clients and finding pragmatic customized business solutions to HR problems.
#CFO #business #finance #hr #humanresources
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