Part-time and fractional CFO for Vancouver companies with investors
Outside money gives finance a second job: producing, on schedule, the numbers backers rely on. Part of EverStone’s work for Vancouver businesses.
That is a different discipline from bookkeeping, and it usually arrives before a company can justify a full-time hire. The general service is on the fractional CFO page.
Quick answer: A fractional CFO is senior financial leadership engaged part-time. For a Vancouver company with outside shareholders the work is runway and burn, a board reporting pack that arrives on time, dilution modelling ahead of a raise, and KPI definitions that survive scrutiny. Fractional CFO work starts at $2,750 a month.
Filings include T4 slips, Schedule 1 and Schedule 50.
A Vancouver part-time CFO is bought monthly, remotely, and usually starts with the fractional controller half: close, pack and runway model first, board conversation second.
CFO services in Vancouver, BC are engaged by the month, with the reporting cadence fixed in the engagement letter.
On this page
- Runway is a decision variable, not a statistic
- A board pack that arrives before the meeting
- Modelling a raise before negotiating one
- KPIs that mean the same thing every quarter
- Building a company that survives diligence
- When to stop using a fractional CFO
- How the arrangement works
- What a CFO engagement covers
- Remote CFO support
- Vancouver investor and CFO questions
Runway is a decision variable, not a statistic
Runway — months of operation current cash supports — is usually one number from a simple division. That ignores committed hiring, an uncertain receivable, a tax instalment, and burn that is rarely flat.
A useful runway model projects cash monthly with visible, separable assumptions, so a delayed hire, new customer or extended payable can each be tested. It is the difference between choosing to cut in month four and being forced to in month one.
A board pack that arrives before the meeting
Investors and boards want a short, consistent package: cash and runway, revenue against plan, two or three key metrics, and what changed. Consistency beats depth; the value is comparing months.
Timing fails most: a pack sent the day before can’t be read, and late reporting invites scrutiny. Fixing delivery is one of our first jobs. A part time CFO Vancouver boards work with is judged first on that delivery date, which is why the reporting cadence is fixed in the engagement letter.
Modelling a raise before negotiating one
Founders often negotiate financing without modelling what the terms do to them. Amount, valuation, option pool timing and liquidation preference each change the outcome, and they interact in unintuitive ways.
Modelling scenarios first makes the negotiation informed, and forces the better question: how much money reaches the next milestone, rather than taking whatever is offered. Shareholders deserve to understand dilution before it happens.
KPIs that mean the same thing every quarter
Metric definitions drift in growth companies. Recurring revenue absorbs one-off implementation fees, acquisition cost omits some salary, and churn switches between accounts and revenue. That is noise, not reporting.
Write the definitions down, apply them consistently, and reconcile metrics to the financial statements. Recurring revenue that doesn’t tie to the revenue account surfaces in diligence. See year-end statements in Vancouver.
Building a company that survives diligence
Anything loose is eventually examined by someone ungenerous: misclassified contractors, early revenue, undocumented related-party deals, options granted without approvals. Small when they happen, expensive when found.
Fixing them gradually costs far less than fixing them mid-transaction. Ongoing oversight means reading the file with the eventual reviewer in mind, well before a term sheet.
When to stop using a fractional CFO
Expect to outgrow this. When finance needs someone daily — a team, systems, operating decisions — part-time ends.
Some companies aren’t ready: with early revenue, two founders and a need for clean books and structure, buy that. Part-time CFO support fits the middle, too complex for the founder, too small for a full-time executive. See what a fractional CFO does.
How the arrangement works
Vancouver engagements run remotely, with scope, reporting cadence and cost agreed in writing before anything begins. The fractional CFO services Vancouver BC companies with investors use here cover runway, the board pack, dilution modelling and KPI definitions.
It suits software and technology companies, production and post-production businesses, and professional corporations with hands-off shareholders. One CPA also prepares the year end and tax return, so reporting reconciles. Related page: Vancouver small-business CPA.
Prepared and reviewed by a CPA at EverStone CPA, serving businesses in BC, Alberta, Ontario and Manitoba. Updated . About the firm · Send an enquiry
What a CFO engagement covers
| Area | What it means in practice |
|---|---|
| Cash flow | A forward view of what is coming in and going out, not last quarter’s history |
| Forecasting | A model you can test decisions against before you make them |
| Pricing and margin | Which work earns money and which quietly does not |
| Owner compensation | How salary and dividends interact with the corporate return |
| Sales tax where you operate | 5% GST plus 7% BC PST: two registrations, two returns |
Source: Advisory services. General information, not advice.
In Vancouver, EverStone also works with e-commerce sellers, realtors and restaurants.
Remote CFO support
EverStone, a sole practitioner CPA firm, serves Vancouver clients online only. There is no Vancouver office and no local staff. Video, phone, secure email and e-signature; board pack and corporate return come from one file.
The moment there are employees, payroll in Vancouver becomes the recurring obligation.
Strategic decisions run on figures that arrive in time to use, which is the monthly pack behind those decisions.
A company short of a reliable close rather than strategy may be better served by a fractional controller instead, at lower cost.
Owners who need Vancouver corporate returns and GST/HST filing in Vancouver as well will find it on the same terms.
Vancouver investor and CFO questions
How should runway actually be calculated?+
What belongs in a board reporting pack?+
Why model a financing round in advance?+
What goes wrong with startup KPIs?+
What should I clean up before raising money?+
Is a fractional CFO a permanent arrangement?+
What does a fractional CFO cost for a Vancouver business?+
Do you work with businesses outside Vancouver itself?+
Related services and local guides
Nearby cities, the rest of what we do for Vancouver businesses, and the reference pages behind this one.
Starting fees
Every fee is fixed in writing before any work begins.
- Controller or CFO supportcontroller from $1,650, CFO from $2,750 a monthThis page
- Monthly bookkeeping, GST/PST filing includedfrom $325 a month
- Payroll, remittances, T4s and ROEsincluded in monthly bookkeeping
- Books, payroll and the year-end T2 together$500–$700 a month
- Corporate year-end and T2 returnfixed fee, quoted in writing
- Personal tax return (T1)from $125; self-employed or rental $275–$500
- Catch-up bookkeepingfrom $2,200 per year of records
- One-off advice call with a CPA$225 plus GST
Who this is for, and who it is not
This fits a Vancouver company whose numbers answer to outsiders. If your books are behind, catch-up comes first; a forecast on stale books is confident and wrong. What the engagement costs is settled first.
What happens when you get in touch
Here is the first month for a Vancouver company with outside shareholders.
- An email enquiry. We go through the business, the filings and anything late. A fixed fee follows in writing, with no obligation.
- Week one: access. Being authorized with the CRA lets us read notices and balances ourselves rather than asking you. For anyone switching firms, the prior file is requested within the week.
- Clean first, then forward. Books are set up or caught up, overdue years go oldest first, and a twelve-month deadline calendar is in place before anything falls due.
Either send an enquiry or ask one question first. A CPA reads both.
