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Part Time Cfo Jobs in Park Ridge, IL (NOW HIRING)

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Part Time Cfo information

See Park Ridge, IL salary details

$51.2K

$257.3K

$393.6K

How much do part time cfo jobs pay per year?

As of Sep 5, 2026, the average yearly pay for part time cfo in Park Ridge, IL is $257,349.00, according to ZipRecruiter salary data. Most workers in this role earn between $138,700.00 and $393,600.00 per year, depending on experience, location, and employer.

What is a part-time CFO?

Part-time CFOs, also known as fractional CFOs, are experienced financial executives who work with organizations on a part-time or contract basis. They provide strategic financial leadership, manage cash flow, oversee budgeting and forecasting, and support high-level decision-making—without the cost of hiring a full-time executive. This arrangement is ideal for startups, small businesses, or companies in transition that need expert financial guidance but don't require or can't afford a full-time CFO.

What does a part-time CFO do?

A part-time CFO (chief financial officer) lends their expertise to a company when needed, which is on either an hourly or contract basis. An as-needed structure is beneficial to enterprises that want to reap the benefits of a CFO’s knowledge without paying the high salaries that accompany this position. A CFO offers guidance in accounting and finances and oversees critical financial aspects of a business, like the budget and expenses, to manage cash flow, margins, key performance indicators, and the overall profit picture. Your job duties also include educating other top-level executives on how to improve the company’s financial health.

What are the key skills and qualifications needed to thrive as a part-time CFO, and why are they important?

To thrive as a Part Time CFO, you need strong financial acumen, experience in strategic planning, and a background in accounting or finance, often supported by a CPA or MBA. Familiarity with financial reporting software, ERP systems, and budgeting tools is typically required. Exceptional communication, analytical thinking, and adaptability are key soft skills that distinguish top performers. These skills ensure effective financial leadership, strategic decision-making, and adaptability to changing business needs in a part-time capacity.

How does a part-time CFO typically collaborate with existing finance teams and leadership in an organization?

A part-time CFO usually works closely with in-house finance staff and senior leadership to provide strategic financial guidance while leveraging existing resources. They often focus on high-level tasks such as financial forecasting, budgeting, and advising on major business decisions, while delegating routine accounting and bookkeeping to the internal team. Regular check-ins and clear communication help ensure everyone stays aligned on goals and deliverables. This structure allows organizations to benefit from CFO expertise without the cost of a full-time executive, and also creates opportunities for current team members to learn and grow from the CFO's mentorship.

What is the difference between Part Time Cfo vs Bookkeeper?

AspectPart Time CfoBookkeeper
CredentialsFinancial management experience, CPA or similar preferredBasic accounting skills, often no formal certification required
Work EnvironmentStrategic financial planning, high-level decision makingData entry, transaction recording, daily bookkeeping tasks
Employer & Industry UsageSmall to medium businesses, startups, non-profitsSmall businesses, retail, service industries

The main difference between a Part Time Cfo and a Bookkeeper lies in their responsibilities and expertise. A Part Time Cfo provides strategic financial guidance and high-level management, often requiring advanced credentials. In contrast, a Bookkeeper handles routine transaction recording and basic accounting tasks. Both roles are essential for business financial health but serve different functions.

More about Part Time Cfo jobs

What cities near Park Ridge, IL are hiring for Part Time Cfo jobs?

Cities near Park Ridge, IL with the most Part Time Cfo job openings:

Part Time Cfo jobs near you
Infographic showing various Part Time Cfo job openings in Park Ridge, IL as of August 2026, with employment types broken down into 90% Full Time, 8% Part Time, 1% Contract, and 1% Nights. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $257,349 per year, or $123.7 per hour.

PEPI: Consultant - Commercial Due Diligence

Alvarez and Marsal

Chicago, IL

$100K - $170K/yr

Full-time, Part-time

Medical, Life, Retirement, PTO

Re-posted 26 days ago

Alvarez & Marsal rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

51st of 72 rated business consultants

Job description

Description

Alvarez & Marsal Private Equity Performance Improvement

Consultant: Commercial Due Diligence

(OPEN TO ALL U.S. LOCATIONS)

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

A&M’s Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving the middle market and large cap private equity firms who have engaged A&M to help improve operating results at their portfolio companies.   

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues. 

Our PEPI services include:

  • Transformation Services
  • Commercial Due Diligence
  • Interim Management
  • M&A Services
  • Manufacturing Operations Improvement
  • Supply Chain
  • CFO Services

Role Overview
Consultants own discrete analytical modules and act as the connective tissue between Associates and Managers.

Key Responsibilities

  • Own well-defined analytical modules (e.g., TAM sizing, pricing analysis)
  • Translate workstream objectives into executable analyses
  • Lead expert interviews and customer calls
  • Review Associate outputs and ensure analytical quality
  • Contribute to synthesis and storyline development

Success Profile

  • Moves from “analysis” to “insight”
  • Anticipates downstream questions
  • Trusted to independently run modules

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

The salary range is $100,000-$170,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details.

Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.

Full-time Positions and Part-time Positions Over 30 hours

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k)-retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs.

A&M does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

What Alvarez & Marsal employees say

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