Mastery
Fractional CFO Services
How Much Does a Fractional CFO Cost in Canada?
Most Mastery clients invest $4,000–$10,000 CAD per month for ongoing fractional CFO services. Your monthly fee depends on the complexity of your business, the financial work required, and the level of involvement needed.
Mastery provides financial leadership for growing Canadian construction and trades companies. We help owners connect sales, operations, and finance through reliable reporting, forward-looking forecasts, and practical support for business decisions.
We begin with a discovery conversation and provide a tailored proposal outlining the work, monthly fee, and any separate onboarding or implementation costs.
What Affects Your Monthly CFO Fee?
Revenue provides context, but two businesses of similar size can require very different levels of support. The scope depends on factors such as:
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Business structure: The number of companies, divisions, locations, and reporting requirements.
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Your existing finance team: The capabilities and capacity of your bookkeeper, controller, and other accounting staff.
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The starting point: Whether financial records, job costs, and reports are reliable enough to support planning.
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Project and forecasting complexity: The work required to connect active jobs, backlog, sales opportunities, overhead, equipment, and cash requirements.
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The decisions ahead: Financing, expansion, additional crews, major equipment purchases, or other commitments requiring financial analysis.
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The working relationship: Meeting frequency, reporting deadlines, and the amount of ongoing collaboration required.
We assess these factors with you before recommending an engagement.
What Does Ongoing Fractional CFO Support Include?
Your engagement brings financial leadership into the decisions that shape your business. Depending on the agreed scope, our work can include:
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Budgets and rolling forecasts: Connect expected work, margins, staffing, and overhead to company profitability.
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Cash flow and working-capital planning: Anticipate funding requirements around collections, payroll, suppliers, holdbacks, equipment, and debt.
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Job costing and WIP reporting: Understand project margins, investigate changes, and connect active jobs to company results.
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Financial reviews and follow-through: Examine performance, challenge assumptions, identify priorities, and establish actions with your team.
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Support for major decisions: Evaluate pricing, hiring, equipment purchases, financing, and expansion before making commitments.
Explore our CFO services for construction and trades companies.
A CFO Backed by the Mastery Team
You work with a CFO supported by a team that brings additional analytical capacity and perspectives to your business.
Your CFO leads the financial discussions and recommendations, drawing on the team’s work in reporting, analysis, and forecasting. We collaborate with your bookkeeper, controller, accountant, and operational leaders to connect financial information with what is happening in the business.
That collaboration helps management understand the findings, evaluate options, and put decisions into practice.
How Do Onboarding and Implementation Costs Work?
The initial work establishes the financial information, forecasts, reporting, and working arrangements needed for the engagement.
Depending on your starting point, this may involve reviewing accounting records, refining reporting, developing a budget and cash forecast, or strengthening job-cost and WIP processes.
Your proposal identifies any separate onboarding or implementation costs alongside the ongoing monthly fee. We address immediate priorities as we get started and continue developing the financial systems and forecasts through the engagement.
How Should You Evaluate the Investment?
Consider the financial decisions your business needs to make and the information available to support them.
Can you see whether an additional crew will generate enough contribution to cover its cost? Do your job reports reflect the remaining costs to complete the work? Will your cash position support a new contract, equipment purchase, or owner distribution?
CFO support helps you answer those questions with financial analysis tied to your business.
For one Canadian home builder, Mastery added company-wide budgeting, rolling forecasts, dashboards, and analysis to complement existing project controls. Over the reported one-year period, revenue increased from $8.6 million to $12.5 million, and net profit increased from $452,000 to $1.11 million.
Get a Proposal for Your Business
Book a free 45-minute consultation to discuss your priorities, current financial reporting, and upcoming decisions.
We’ll explore how Mastery could work with your existing team and whether our services fit your business. If there is a fit, we’ll outline the next steps toward a tailored proposal.