Tim K.

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

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

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

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

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

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

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 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.

• 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 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 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.

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