Tim K.

Oswego, IL, USA

Fractional CFO driving profitability, scalable systems, and investor-aligned growth for PE-backed and high-growth SaaS, tech, and services firms

With over 25 years of distinguished finance leadership, I am a driving force behind financial and operational transformations in the SaaS, medtech, and technology sectors. My expertise spans across leading global finance teams, executing strategic financial planning, and pioneering initiatives that harness the power of cloud technology to drive EBITDA growth and operational excellence. At Serrala, I've spearheaded budgeting breakthroughs and business transformations, delivering tangible results …

Tim K.

Experience

  • ConFracOut

    ConFracOut

    Founder & Executive CFO Consultant

    Mar 2026 - Present

    CFO consulting practice delivering strategic, interim, and fractional CFO leadership to founder/family-owned and VC/PE-backed companies.

    • Serve as a trusted advisor to founders, CEOs, private equity sponsors, and executive teams across periods of growth, transition, and change
    • Deliver strategic, interim, and fractional CFO leadership to companies navigating growth, transition, and transformation
    • Lead M&A due diligence, financial modeling, post-acquisition integration, and capital structuring
    • Oversee finance transformation, ERP implementation, FP&A optimization, and KPI development
    • Strengthen internal controls, risk management, audit readiness, and financial compliance
    • Develop and implement cash flow management, liquidity planning, and capital allocation strategies to support growth objectives
    • Collaborate with CEOs and boards to establish financial strategy, reporting frameworks, and performance metrics aligned to investor and stakeholder expectations
  • Tim Koopman

    Tim Koopman

    Executive CFO Consultant

    Jan 2025 - Feb 2026

    Independent CFO consulting work serving founder/family-owned and VC/PE-backed software, technology, and professional services firms. This experience laid the foundation for the launch of ConFracOut.

    • Engaged directly with leadership teams of PE/VC-backed and privately held organizations ($5M–$75M revenue) to address critical finance, operational, and strategic challenges
    • Served primarily in fractional and consulting CFO capacities across multiple simultaneous client engagements in software, technology, and professional services
    • Served as fractional CFO for a PE-backed SaaS fintech firm ($10M–$15M revenue), leading cost optimization, internal technology transformation, and regulatory compliance risk reduction to support a targeted 2–3x growth trajectory
    • Supported buy-side M&A readiness for a VC-backed SaaS cybersecurity firm ($25M–$50M revenue), developing investment thesis, due diligence framework, and workstreams while guiding CRM and ERP vendor selection planning
    • Guided financial and operational reporting professionalization for a privately owned engineering services firm ($50M–$75M revenue), including development of performance and project reporting frameworks and analysis of recurring revenue model pathways
    • Partnered with founder-owned SaaS and hardware company ($20M–$30M revenue) to establish data integrity and reporting infrastructure for KPI development, budgeting, and forecasting, while assessing team structure and identifying skill gaps
  • Serrala

    Serrala

    Global Chief Financial Officer (CFO) | Board Member

    Oct 2023 - Dec 2024

    Global PE-owned B2B fintech/software company (~€150M revenue) providing finance automation solutions across AP, AR, payments, treasury, and cash management

    • Led 6 direct reports and team of 60 across global finance, legal, and data protection functions, serving on executive leadership team and reporting to CEO
    • Partnered closely with PE firms and institutional investors to establish financial strategy, short- and long-term growth targets, and strategic priorities
    • Oversaw budgeting and forecasting, global financial audits, tax/treasury, acquisition-related due diligence, and risk mitigation including insurance, business continuity, and data protection
    • Managed banking relationships, lines of credit, and liquidity and cash flow
    • Led global adoption and implementation of IFRS from various local GAAPs
    • Increased EBITDA by 65% YoY and order intake by 30% YoY by leading budget process and aligning product, R&D, sales, and marketing teams to increase focus on key opportunities, regionally available products, and streamlining costs
    • Redesigned Management Participation Plan by negotiating with PE leaders to address impact of initial overvaluation of Serrala on management team's earning potential, ensuring plan fairly reflects future value creation
    • Restructured debt to significantly improve liquidity by negotiating with multiple lenders and stakeholders, freeing up cash for short- to mid-term investments to better position company for growth
    • Served as co-executive sponsor and steering committee member for business transformation initiative to implement cloud technologies; delivering $1M in annual cost savings and scalability to support growth and product strategy
    • New technologies included: Salesforce CQP, EBSTA Revenue Intelligence, and 6sense Revenue AI to accurately target opportunities/reduce sales cycle times, SAP S/4HANA Public Cloud, and Serrala solutions to automate P2P workflow
    • Future project phases were planned to include A/R automation, intelligent bank statement reconciliation, and compliance risk management solutions
    • Created and rolled out KPIs and dashboards to provide reporting on metrics such as ARR, order growth, churn, NRR, consulting utilization, employee-related metrics, and customer NPS, informing key business decisions
  • Serrala

    Serrala

    Regional CFO | Senior Vice President, Finance – North America

    Nov 2021 - Sep 2023

    Global PE-owned B2B fintech/software company (~€150M revenue) providing finance automation solutions across AP, AR, payments, treasury, and cash management

    • Joined North American executive team and global senior leadership team to drive performance and cultural transformation delivering increased discipline, compliance, and value across the organization
    • Led team of 4 direct reports and 20 employees overseeing finance, HR, legal, IT, and administrative functions, reporting to CFO
    • Held full responsibility for budgeting and forecasting, FP&A, financial audits, tax/treasury, financial controls, risk mitigation, and policies for North American entities
    • Led adoption and application of IFRS reporting standards for the North American organization
    • Assessed systems and optimized team structure, resolving issues with Kimble software implementation that identified $8M in revenue that was not invoiced to customers
    • Analyzed profitability of North American organization and renegotiated contracts with third-party vendors and partners; increased company profitability by $5M+ through strategic expense reduction and centralization of software purchasing process
    • Identified critical state tax compliance issue and initiated compliance project to ensure timely resolution
    • Improved risk management practices by procuring necessary insurance coverage, launching global program to mitigate cybersecurity risk, and mitigating employee-related risk by transitioning long-term contractors to full-time employees
    • Established formal mentorship program for North American employees that improved collaboration between remote teams; launched professional development course library to drive continuous learning
  • SAI360

    SAI360

    Division CFO | Vice President of Finance

    Jan 2019 - Nov 2021

    Global PE-owned B2B SaaS governance, risk, and compliance platform (~$150M revenue) delivering GRC, EHS, and ethics & compliance solutions to enterprise and mid-market clients

    • Rebuilt finance team of 20 from the ground up following organizational restructuring
    • Led transformation of global finance function for the risk and compliance division
    • Applied IFRS standards for reporting compliance across the organization
    • Partnered with IT and functional leadership to redesign, consolidate, and streamline systems and controls
    • Oversaw integration of 2 acquisitions: a Governance, Risk, and Compliance company and Business Continuity Planning company
    • Implemented Oracle NetSuite to improve process and ensure data integrity; effort resulted in identifying $21M in missing deferred revenue
  • Creative Financial Staffing (CFS)

    Creative Financial Staffing (CFS)

    Accounting Consultant

    Jul 2018 - Dec 2018

    CFS is an employee-owned staffing firm providing temporary and permanent placements in accounting, finance, and technology.

  • Brainlab

    Brainlab

    Regional CFO | Director of Finance & Operations

    Aug 2009 - Mar 2018

    PE-backed global medical technology company (~€200M revenue) specializing in software-driven surgical navigation and radiation therapy systems deployed in hospitals and treatment centers worldwide

    • Led team of 24 across accounting, FP&A, lease finance, sales/support operations, logistics, warehousing, and purchasing, reporting to President North/Central America with dotted line to Global CFO and COO
    • Developed and maintained systems and processes to support North/Central America sales, marketing, and support functions
    • Led implementation and system improvement efforts for SAP R/3
    • Attained 12 consecutive years of 0 audit findings on financial as well as state and federal authority audits
    • Developed and instituted policies and procedures, clear mandates, and systems to support team growth and development
  • Platinum Home Mortgage Corporation (NMLS ID #13589)

    Vice President, Finance & Accounting

    Nov 2005 - Nov 2006

    Platinum Home Mortgage Corporation is a home mortgage lender providing a range of loan options to consumers.

    • Implemented scalable accounting processes that supported the company's financial expansion and improved operational efficiency.
    • Directed the finance team in developing analytical reports that informed strategic decision-making.
    • Streamlined the budgeting process, enhancing forecast accuracy and financial planning capabilities.
  • Brainlab

    Brainlab

    Accounting Manager

    Mar 2003 - Jul 2009

    • Led a team of 10 in the accounting department, improving processing efficiency in compliance with IFRS standards and tax regulations.
    • Developed strategic initiatives to streamline financial reporting processes, enhancing accuracy and timeliness.
    • Facilitated multiple internal audits, ensuring adherence to internal policies and strengthening financial oversight.
  • Infor

    Infor

    Accounting / SSC Manager

    Jul 2002 - Feb 2003

    Infor is a global enterprise software company providing business applications for specific industries.

    • Managed the integration of payroll systems during the merger with Intentia AB, ensuring seamless transition and compliance.
    • Spearheaded the development of standardized financial reporting systems, contributing to improved data management across the US subsidiary.
    • Coordinated annual audits, significantly reducing discrepancies and enhancing financial transparency across departments.
  • AT&T

    AT&T

    Regional Accounting Manager

    Sep 2000 - Jun 2002

    AT&T is a global telecommunications company offering a range of services, including wireless communications and broadband.

    • Led financial analysis during multiple M&A deals, providing crucial insights that directed strategic business decisions.
    • Oversaw the regional accounting functions during a period of high growth, improving operational efficiency by 30%.
    • Implemented risk management frameworks, minimizing financial discrepancies and aligning with corporate governance standards.
  • AT&T

    AT&T

    Accounting Manager / Assistant Accounting Manager

    May 1999 - Aug 2000

  • AT&T

    AT&T

    Fixed Asset Supervisor

    Oct 1997 - Apr 1999

  • Communications Supply Corporation (WESCO)

    Communications Supply Corporation (WESCO)

    Accountant

    Jan 1996 - Sep 1997

    Wesco Professional A/V provides solutions in professional audio/visual technology, focusing on innovation and customer demands.

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