Fractional Chief Financial Officer

Co-Source Solutions is seeking an interim, part-time/fractional Chief Financial Officer to lead its client, a Nasdaq-traded company, through its Q3 2026 close and 10-Q filing, then own remediation of its currently disclosed material weaknesses in internal control over financial reporting. About the Role The CFO will work with and coach the Company's Head of Finance and broader finance team directly, scope and negotiate work with external advisors (audit, technical accounting, valuation, tax, SOX), and decide — deliverable by deliverable — what should be done in-house versus outsourced. This is not a purely strategic oversight role; the CFO is expected to be personally involved in reviewing and, where appropriate, drafting technical accounting conclusions. Responsibilities Own the Q3 2026 close-to-filing project plan in accordance with the statutory 10-Q deadline. Hold external providers to interim milestone dates for technical memos, valuations, and draft financial statements — not just the final filing date. Triage the quarter's technical accounting matters (e.g., business combination accounting for recent acquisitions, revenue recognition, debt/derivative and settlement accounting, impairment, going concern, segment reporting): Target roughly 70–80% drafted in-house (CFO, Controller, and the India-based accounting team), with outside firms engaged for technical review only. Reserve full external drafting for the remaining ~20–30% — the highest-judgment, highest audit-risk items. Obtain written confirmation from the external auditor on the current status of each control deficiency identified in prior Annual Reports, so remediation claims are made on a confirmed basis rather than assumed. Implement a mandatory related-party screening step before any transaction or agreement is submitted to the Board for approval — a direct, low-cost fix targeting a control gap that has recurred across reporting periods. Lead remediation of the company's material weakness categories Revenue recognition and financial statement close processes — including finalizing the accounting policy for revenue recognition practical expedients used in certain service contracts, and converting existing close checklists into documented, evidenced, sign-off-tracked controls. Acquisitions, business combinations, and related-party transactions — including the accounting for each new acquisition and a formal, auditable related-party transaction approval process. Report remediation status against these two categories each quarter with specific, evidenced actions — consistent with SEC expectations that remediation disclosures describe concrete steps rather than general statements of intent. Right-size the pace and cost of SOX compliance work to the Company's actual regulatory timeline as an emerging growth company (management's own Section 404(a) assessment is required annually; independent auditor attestation under Section 404(b) is not required until the Company's emerging-growth-company status ends). This means phasing external SOX advisory spend rather than committing to full attestation-grade documentation and testing immediately. Continue coaching the key team members toward independent ownership of the closing and reporting process over the course of the engagement. Track and report a KPI of declining external technical-accounting and controls-advisory spend as remediation is embedded into the in-house and India-based team's capability. Skills and Qualifications Active CPA with hands-on public company SEC reporting experience (Form 10-Q / 10-K). Direct, prior experience leading a company through remediation of a disclosed material weakness to a credible, evidenced conclusion — general internal controls experience alone is not sufficient. Hands-on technical accounting experience: business combinations and purchase price accounting, revenue recognition (ASC 606), debt and equity-linked instrument accounting, impairment assessment, and going concern evaluation. Experience directing and quality-controlling work performed by offshore/India-based accounting teams and by external technical accounting, valuation, and SOX advisory firms — this role manages and negotiates with vendors rather than working with a large in-house staff. Experience with multi-entity consolidation across recently acquired or divested subsidiaries. Track record of scoping and negotiating statements of work with specialty advisory firms. Prior CFO or controllership experience at an emerging growth company, including familiarity with the phased Section 404(a) / 404(b) compliance timeline. Experience supporting a company through an uplisting or public offering process. #J-18808-Ljbffr Co-Source Solutions