Governments can turn to a “contracted CFO” by bringing in a consultant or contract worker to serve the duties regularly held by a full-time employee. This strategy can bridge short-term turnover issues, provide experience and skills not found in the current labor pool, or address daunting financial sustainability issues. Regardless of the reason, this can also create many challenges for an organization. This session will provide strategies and tips for all involved in this situation, including individuals interested in becoming a “1099 CFO,” organizations exploring a potential hire, and employees who work for one.
Outsourcing the CFO