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Virtual Cfo Jobs in Minnesota (NOW HIRING)

Chief Financial Officer (CFO) Strategic Financial Leadership - Manufacturing & Distribution - Executive Team Company Overview Nystrom and Babcock-Davis are leading brands in commercial construction ...

Chief Financial Officer

Virginia, MN · On-site

$145 - $180/hr

Experienced mechanical contractor, seeking a CFO, Competitive Pay, Great Benefits Salary: $145,000 - $180,000 per year A bit about us: We are a leading mechanical contractor in the DMV market ...

We're looking for a CFO who brings both foresight and operational discipline. Someone who can translate financial insights into decisive action, strengthen organizational performance, and engage ...

Chief Financial Officer

Roseville, MN · On-site

$250K - $350K/yr

Position Overview The Chief Financial Officer (CFO) is a mission-critical executive responsible for driving financial performance, enterprise value creation, and operational discipline across a multi ...

Chief Financial Officer

Roseville, MN · On-site

$250K - $350K/yr

Position Overview The Chief Financial Officer (CFO) is a mission-critical executive responsible for driving financial performance, enterprise value creation, and operational discipline across a multi ...

Chief Financial Officer

Milaca, MN · On-site

$46.56 - $60.89/hr

Description The Chief Financial Officer (CFO) is responsible for the strategic leadership and management of the County's financial operations, ensuring fiscal integrity, efficiency, and transparency.

CFO - Construction

Saint Paul, MN · On-site

$125K - $165K/yr

This CFO could be helping a client with financial modeling for one minute, and the next, working with an accountant on the team to complete a workbook. As a CFO you'll serve as a key member of your ...

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Virtual Cfo information

See Minnesota salary details

$11

$23

$33

How much do virtual cfo jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for virtual cfo in Minnesota is $23.90, according to ZipRecruiter salary data. Most workers in this role earn between $20.00 and $26.83 per hour, depending on experience, location, and employer.

What is the difference between Virtual Cfo vs Bookkeeper?

AspectVirtual CfoBookkeeper
CredentialsFinancial management experience, CPA or similar certifications often preferredBasic accounting or bookkeeping certifications, high school diploma or equivalent
Work EnvironmentRemote or on-site, strategic financial planning for businessesPrimarily office or remote, focused on recording financial transactions
Employer & Industry UsageUsed by small to medium-sized businesses for strategic financial oversightUsed across various industries for day-to-day transaction recording

The Virtual Cfo provides strategic financial guidance, budgeting, and financial planning, whereas a bookkeeper handles daily transaction recording and basic accounting tasks. While both roles are essential for business financial health, the Virtual Cfo focuses on high-level financial strategy, making it suitable for businesses seeking growth and financial insight.

Can a CFO work remotely?

A Virtual CFO can work remotely, as the role primarily involves financial analysis, strategic planning, and communication that can be performed online. Many Virtual CFOs operate from home or a remote location, utilizing cloud-based tools and video conferencing to collaborate with clients and teams. However, some companies may require occasional in-person meetings or on-site visits depending on their needs.

How much does a virtual CFO cost?

A virtual CFO typically charges between $1,500 and $5,000 per month, depending on the size and complexity of the business, as well as the scope of services provided. Some virtual CFOs offer hourly rates ranging from $150 to $400 for smaller or specialized tasks. Costs can vary based on experience, industry, and whether the service is retained or project-based.

What Is a Virtual CFO?

A virtual CFO has many of the same duties as a traditional chief financial officer, but they work remotely as a third-party provider. They typically deal with smaller organizations that don’t have an executive in this position or the budget to hire one. They handle the financial dealings of a business, often using cloud applications to manage their affairs. They typically offer a suite of services ranging from financial planning to bookkeeping to budgeting. Some virtual CFOs work on an ongoing basis for a client whereas others work on a single project.

How much does a virtual CFO make?

A virtual CFO's salary typically ranges from $80,000 to $200,000 annually, depending on experience, client size, and scope of services. Many virtual CFOs charge hourly rates between $100 and $300 or offer retainer-based arrangements. Compensation can also include performance bonuses or equity in some cases.

How does a Virtual CFO typically interact with internal teams and external stakeholders?

A Virtual CFO collaborates closely with internal teams such as accounting, operations, and executive leadership, often through virtual meetings and cloud-based platforms. They also interact with external stakeholders like auditors, investors, and banks to provide financial insights and ensure compliance. Clear communication and proactive reporting are key, as the Virtual CFO must bridge gaps between departments and align financial strategy with business goals. This collaborative approach helps streamline decision-making and supports organizational growth.

How do you become a virtual CFO?

To become a virtual CFO, typically one needs extensive experience in finance, accounting, or business management, often holding a CPA, CFA, or MBA. Developing strong financial analysis, strategic planning, and communication skills is essential, along with proficiency in financial software and tools. Gaining industry-specific knowledge and building a professional network can also help in establishing credibility as a virtual CFO.

What is a Virtual CFO?

A Virtual CFO (Chief Financial Officer) is a finance professional who provides strategic financial guidance and management to businesses on a part-time or remote basis. Unlike a traditional in-house CFO, a Virtual CFO works with multiple clients, helping them with budgeting, forecasting, financial planning, and reporting. This service is especially popular with small and mid-sized businesses that need expert financial advice but do not require a full-time executive. By leveraging technology, Virtual CFOs can deliver their services efficiently and cost-effectively.

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

To thrive as a Virtual CFO, you need a solid background in accounting, financial analysis, and strategic planning, often supported by a CPA or similar finance qualification. Familiarity with cloud-based accounting platforms, financial modeling tools, and ERP systems is typically required. Excellent communication, problem-solving, and relationship-building skills help you effectively advise clients and manage remote teams. These capabilities enable Virtual CFOs to provide strategic financial leadership, ensure regulatory compliance, and drive business growth for their clients.
What are the most commonly searched types of Cfo jobs in Minnesota? The most popular types of Cfo jobs in Minnesota are:
What are popular job titles related to Virtual Cfo jobs in Minnesota? For Virtual Cfo jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Virtual Cfo jobs in Minnesota look for? The top searched job categories for Virtual Cfo jobs in Minnesota are:
Infographic showing various Virtual Cfo job openings in Minnesota as of July 2026, with employment types broken down into 92% Full Time, 5% Part Time, 1% Contract, and 2% Nights. Highlights an 84% Physical, 6% Hybrid, and 10% Remote job distribution, with an average salary of $49,704 per year, or $23.9 per hour.
Chief Financial Officer (CFO)

Chief Financial Officer (CFO)

University of Northwestern - St. Paul

Saint Paul, MN • On-site

$160 - $175/hr

Other

Posted 12 days ago


Job description

Title: Chief Financial Officer

VP Area: VP - CFO

Department: VP - CFO

Position Compensation: $160,000 - $175,000

Location: University Campus - St. Paul, Minnesota

Who We Are: Northwestern is a faith-driven community, unwavering in our Christ-centered principles and identity as those who profess faith in Jesus. Rooted in the unshakable foundation of God’s Word and our calling to impact His world, our mission and vision flow from these core values, expressed through Christ-centered higher education at the University of Northwestern – St. Paul and through gospel outreach and faithfulness with Northwestern Media.

Position Summary: The Chief Financial Officer (CFO) is a strategic, executive leader responsible for safeguarding and propelling both the mission and financial future of Northwestern. The CFO reports directly to the President/CEO and serves as a member on the President’s Cabinet. Partnering with executive leadership and the Board of Trustees, this position shapes bold financial strategies, ensures integrity and compliance, and provides insight that drives decision-making, risk management and long-term growth. In this role, the CFO also exercises a high standard of fiduciary responsibility, acting in the best interest of the organization and its stakeholders to protect its assets and uphold its mission.

Key Responsibilities:
  • Strategic Leadership:
    • Serve as the chief financial adviser to the President, Cabinet, and Board of Trustees, offering insight into budgeting, forecasting, investment, risk management, and fiscal policy.
    • Lead the development of multi-year financial strategies aligned with Northwestern’s mission and strategic goals.
    • Foster a culture of financial stewardship, integrity, and excellence across all operations.
    • Drive the financial evaluation of potential mergers and acquisitions, ensuring strategic alignment with the company's mission, values, and long-term objectives.
    • Provide financial leadership for Northwestern by guiding resource allocation to advance the mission while ensuring long-term sustainability. In partnership with the President, lead the development of multi-year financial strategy, aligning budgets, capital allocation, and risk management with organizational priorities, and evaluate the financial feasibility of new programs, expansions, and investments in alignment with mission and strategic goals.
    • Act as Treasurer of the Corporation and liaison to the Board’s Finance and Investment Committee.
  • Financial Oversight:
    • Direct all accounting, budgeting, and financial reporting functions, exercising a high standard of fiduciary responsibility to ensure compliance with GAAP and all federal/state regulations.
    • Oversee the preparation and execution of audits and ensure robust internal controls and financial policies are in place.
    • Lead the annual budgeting process and monitor adherence to established financial parameters.
    • Produce accurate and timely financial reports, forecasts, and scenario models to inform strategic decisions.
    • Oversee the development of integration strategies that ensure the seamless incorporation of acquired entities into the existing business model and culture, fostering continuity with the company's mission.
  • Investment & Risk Management:
    • Collaborate with the Investment Committee to manage cash flow, endowment, and long-term financial assets.
    • Oversee risk management strategies, insurance programs, and contractual negotiations, including leases and property transactions.
  • Organizational Representation & Culture:
    • Develop and maintain healthy internal and external relationships. Represent Northwestern in financial matters with external stakeholders such as auditors, financial institutions, consultants, and donors. When appropriate, educate and inform internal constituencies in financial literacy and best practices.
    • Promote a high-performance, collaborative work environment that values continuous improvement, professional development and employee well-being.
    • Actively model and integrate Christian faith and a ministry mindset with financial leadership.
  • Leadership & Team Management:
    • Supervise and mentor a team of direct reports, as assigned.
    • Cultivate a culture of collaboration, accountability, and Christ-centered leadership.
  • Perform other duties as assigned.

Because our community is a significant part of our mission and the development of our students, all employees act as a minister of the gospel of Jesus Christ by actively partnering with the University to disciple students in growing intellectually and spiritually, and with Northwestern Media to lead people to Christ and nurture believers to mature in their faith.

Qualifications:
  • Required:
    • Bachelor’s degree in accounting, finance, or related field
    • Minimum of 10 years of progressive financial leadership
    • Proven expertise in strategic planning, budgeting, financial analysis, and capital planning
    • Demonstrated success in managing organizational change and leading and mentoring high-performing teams
    • Maintain a growing, personal relationship with Jesus Christ, reflect His character in all interactions, and faithfully uphold and embrace Northwestern’s mission, Doctrinal Statement and Declaration of Christian Community
  • Nice to Have:
    • CPA or MBA
    • Experience in higher education
Key Skills:
  • Stakeholder Engagement: Develop and maintain healthy internal and external relationships. Capable of working both independently and collaboratively.
  • Confidentiality: Maintains discretion and handles sensitive information appropriately.
  • Organizational Skills: Strong time management and problem-solving abilities; able to prioritize and meet deadlines with attention to detail.
  • Technical Proficiency: Intermediate to advanced computer skills, including Microsoft Office and related software.
  • Written & Verbal Communication: Strong writing, editing, proofreading, and verbal communication skills. Ability to communicate complex financial concepts clearly to diverse, non-financial audiences.
  • Flexibility: Willingness to work occasional evenings and weekends as needed as well as necessary travel
  • Financial Oversight: Knowledge of business regulations, financial compliance, and best practices. Experience managing budgets and financial resources within assigned responsibilities.
  • Driver’s License: Valid driver's license and access to reliable transportation.
  • Background Check: Must pass initial and ongoing background checks as a condition of employment.
Work Environment:

The work environment involves working for a suburban, Christian university or Christian owned and operated radio station alongside those with a demonstrated commitment and personal relationship with Jesus Christ, a commitment to the mission and values of Northwestern, and an agreement to abide by all Northwestern policies.

All applicants must be authorized to work for any employer in the United States as we are unable to sponsor or take over sponsorship of an employment visa.

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