Top 7 Fractional CFOs in Denver

In the purest sense, a Fractional CFO delivers forward‑looking strategic guidance. Think “Where do we need to be next week, next quarter, next year to hit our five‑year exit target?” rather than bookkeeping or basic statement reviews.

A high‑impact Fractional CFO will:

  • Set an achievable North Star (owner income, valuation, exit, or capital efficiency).
  • Build rolling cash‑flow and margin models to map the road ahead.
  • Stress‑test tax, debt, and equity scenarios.
  • Coach the CEO and leadership team through weekly, monthly, and quarterly priorities.

We’ve scoured the Denver area to compile this definitive list of top-notch Fractional CFOs. 

Our criteria? 

Years of experience, range of services, and recommendations, to name a few. This list aims to fast-track your search and elevate your financial operations. Whether you’re a startup or a small to medium-sized enterprise (SME).

Let’s dive in.

1. Alexej Pikovsky’s Fractional CFO Collective

After years of investing and operating across multiple sectors, Alexej Pikovsky saw founders and executives struggling to locate finance partners who could balance ambition with today’s market reality. 

In an era where “growth at all costs” has been replaced by a premium on profit and cash‑flow discipline, it’s critical to hire a finance leader who understands business strategy and holds the right values. 

Alexej’s answer is a rigorously vetted Fractional CFO Collective, purpose‑built for profit‑oriented leaders in Denver.

Why founders choose Alexej’s bench over generic talent platforms:

  • Founder‑First Vetting – Hand‑screened CFOs who’ve already scaled seven‑ to nine‑figure businesses.
  • Local Insight – Operators with deep Denver/Boulder networks—think lender relationships, investor warm intros, and regional tax nuance.
  • Industry Specialization: Our fractional CFOs arrive with 5+ years of C-suite experience in your exact niche—whether that’s SaaS (SQLs, MQLs, NRR), eCommerce (contribution margins, SKUs, cohort retention), or construction & real estate (project cash flow, WIP schedules). They hit the ground running on day one, so you spend zero time coaching and 100% of your time scaling.
  • Speed to Value – Average match time: 7 days. First margin‑impact initiative: 2–6 weeks.
  • Transparent Pricing – Flat retainers; no recruiter mark‑ups.

Next step: Hire an expert—Alexej will present you with a selection of vetted CFOs within 7 days.

 

2. Dan DeGolier, Ascent CFO

Core Focus

Fractional CFO with nearly three decades of experience elevating entrepreneurs and high‑growth businesses across SaaS, manufacturing, and eCommerce.

Operational Finance Highlights

  • Cash‑flow forecasting and scenario modelling that simplify complex finances.
  • Custom financial models and KPI dashboards tailored to each client.

Fundraising / M&A Highlights

  • End‑to‑end capital‑raising support, from lender negotiation to investor presentations.
  • Buy‑side and sell‑side advisory through Ascent CFO’s flexible engagement model.

Other Experience

  • Former Big 4 CPA and full‑time CFO for multiple private companies.
  • B.S. in Accounting from Colorado State University.
  • Reputation for a client‑centric, “upward” partnership style.

3. Griffen O’Shaughnessy, Canopy Advisory Group

Core Focus

Griffen O’Shaughnessy is a unique blend of attorney and CPA, boasting over two decades of professional experience. She honed her skills in M&A and auditing before founding Canopy in 2009.

Operational Finance Highlights

  • Builds project‑based financial roadmaps and interim leadership solutions.
  • Curates top independent professionals for contract and project finance work.

Fundraising / M&A Highlights

  • Deep deal‑structuring skill set from Holland & Hart’s M&A practice.
  • Advises on contract terms and diligence to streamline transactions.

Other Experience

  • BA in Accounting (Goshen College) and JD, magna cum laude (American University).
  • Denver Business Journal “40 Under 40” (2018) and Outstanding Women in Business finalist (2016).

4. David Cox, Focused Energy

Core Focus

An adept technology and media executive who turns finance functions into customer‑centric, data‑driven growth engines.

Operational Finance Highlights

  • Player‑coach model that installs cost‑effective finance teams and KPI dashboards.
  • Expertise in ERP implementations (Oracle, PeopleSoft) to scale reporting.

Fundraising / M&A Highlights

  • Has led six recent acquisitions across global media and technology sectors, as noted in his public résumé.
  • Partners with senior executives and PE firms to craft growth strategies.

Other Experience

  • Former COO driving significant revenue growth via marketing and operations.
  • Proven track record in real‑estate oversight and HR collaboration.  

5. Brooke Martellaro, C Squared Solutions

Core Focus

A Master’s‑educated finance leader, Brooke Martello has specialized in risk mitigation and operational strategy across construction, finance, healthcare, and tech for over 20 years.

Operational Finance Highlights

  • Budgeting, forecasting, and KPI reporting that fortified financial standing.
  • Drove more than 200 % revenue growth and first profitable year for a high‑growth start‑up.

Fundraising / M&A Highlights

  • Led M&A due‑diligence processes for private‑equity‑backed companies.
  • Guided successful 2019 acquisition following operational turnaround.

Other Experience

  • MBA from Colorado State University; B.A. in Organisational Communication from Western Colorado University.
  • Skilled in stakeholder communication and relationship building.

6. Paul Heffner, Finance Pals

Core Focus

This Fractional CFO and FP&A specialist has been helping startups and small businesses decode their numbers and accelerate growth. With over 12 years of experience, Paul Heffner combines his love for numbers, business, and helping people to offer tailored financial services. 

Operational Finance Highlights

  • Bookkeeping, accounting, and cash‑flow forecasting for over 30 CEOs.
  • Monthly reporting packages that drive decision‑ready insights.

Fundraising / M&A Highlights

  • Angel investor and mentor with Rockies Venture Club and Innosphere.
  • Provides strategic guidance on fundraising strategy and investor relations.

Other Experience

  • Diverse background including management consulting and international service roles.
  • Presenter at Denver Startup Week and Ignite Denver, per event speaker lists.

7. Matt Draymore, CFO Share

Core Focus

This startup‑savvy Fractional CFO’s expertise lies in crafting financial and operational strategies for SaaS, MedTech, and consumer brands. Matt Draymore is the go-to expert for navigating financial uncertainties and turning them into actionable business strategies. 

Operational Finance Highlights

  • Leads outsourced and in‑house finance teams, implementing worry‑free accounting.
  • Builds KPI frameworks and cash‑flow models that highlight risks and opportunities.

Fundraising / M&A Highlights

  • Provides investment and M&A advisory, including board‑level presentations.
  • Prepares companies for funding rounds and strategic exits.

Other Experience

  • Finance degree from the University of Colorado.
  • Embedded in Boulder/Denver accelerator and venture‑capital ecosystems.

How Alexej Matches You With Denver’s Best CFO Talent

The steps below show how Alexej’s Denver‑based Fractional CFO Collective hand‑picks and onboards the ideal finance partner for your brand, usually within seven days.

For a deeper dive into whether the investment pays off, read our guide Is a Fractional CFO Worth It?

Who It’s For

Six‑ to nine‑figure brands that have outgrown basic bookkeeping but need sharper insight than a controller can offer. Every engagement starts with your personal objectives—whether a seven‑figure exit, passive dividends, or global expansion—and then reverse‑engineers the finance roadmap.

Strategic Finance Pillars and Typical Impact

PillarFocus AreaTypical Impact
Financial Road‑Mapping13‑week cash‑flow & five‑year models tied to founder goalsClear runway & data‑driven milestones
Margin ExpansionSKU contribution, ad spend efficiency, 3PL benchmarking+2–8 percentage‑points gross margin
Capital StrategyDebt vs. equity mix, inventory financing, investor decksLower cost of capital, faster closes
Tax OptimisationInventory timing, R&D credits, cross‑border structuringReduced effective tax rate
Exit ReadinessData‑room build, QoE‑ready numbers, valuation‑optimised KPIsMultiple uplift at sale

Engagement Models and Price Guide

ModelTypical ScopePrice Guide
Monthly RetainerOngoing strategic finance leadership—cash‑flow forecasting, board reporting, KPI dashboards, lender / investor calls$2 000–$6 000 / month
Hourly / ProjectDeep dives such as SKU‑margin audit, 3PL tender, or fundraising deckFrom $140 / hour
Equity / Success FeeOptional kicker for capital raise or M&A1–3 % of capital raised or 0.5–1.5 × monthly retainer at close

A part‑time CFO costs <10 % of a full‑time hire yet can add 5–10× that outlay in profit, cash‑flow resilience, or exit value.

Avoid the Hidden Cost of a Mis‑Hire – Choosing the wrong finance leader can wipe out six‑figures in lost EBITDA and deal‑value erosion. Read the breakdown in our Ultimate Guide before you decide.

Operational Finance

  • Rolling 13‑week cash‑flow and SKU‑level margin dashboards
  • Inventory, ad‑spend, and supplier‑terms optimisation to tighten cash‑conversion cycles
  • ERP and Shopify Plus integrations for real‑time P&L views

Fundraising / M&A

  • Investor‑grade multi‑scenario forecasts and sensitivity tables
  • Capital‑stack design to balance dilution, debt service, and tax
  • Full exit prep: data room, QoE coordination, buyer outreach, and bid comparison

Alexej’s Five‑Layer Vetting Gauntlet

  1. Background and fraud checks
  2. Case‑study modelling exam
  3. Reference calls with past CEOs and investors
  4. Soft‑skill and culture‑fit interview
  5. Paid trial sprint on a live client brief

Only candidates who clear every layer join the bench. Alexej re‑scores each operator quarterly to keep standards razor‑sharp.

Within seven days Alexej will present a selection of perfectly‑matched CFOs ready to start. 

FAQ

What is a Fractional CFO?

A Fractional CFO offers their financial expertise to businesses on a part-time or project basis. Unlike a full-time CFO, a Fractional CFO offers flexibility and cost-effectiveness, making it an ideal solution for startups, small businesses, and companies in transitional phases. They handle tasks like financial planning, budgeting, risk assessment, and strategic decision-making, among others.

How to choose a good Fractional CFO?

Choosing a good Fractional CFO involves several factors such as experience, industry expertise, and the range of services offered. Look for professionals who have a proven track record in your industry and can demonstrate their impact through case studies or client testimonials. It’s also crucial to consider their communication skills, as they’ll be working closely with your executive team. Lastly, ensure they offer the specific services you need, whether it’s financial modelling, fundraising, or M&A advisory. For a full hiring checklist, see How to Hire a Fractional CFO.

How do Fractional CFOs charge for their services?

The pricing model for Fractional CFOs can vary. Some may charge an hourly rate, while others may work on a retainer basis. It’s essential to discuss pricing upfront and ensure it aligns with your budget and the value you expect to receive.

How can Alexej Pikovsky help me hire faster?

Through his vetted network, Alexej can place a specialized Fractional CFO in as little as fourteen days, versus the typical two‑ to three‑month search. Whether you need a hands-on margin tactician or a deal‑seasoned finance strategist, Alexej can match you with the right partner—fast.

Hire an expert.

Alexej Pikovsky

started his career in investment banking at NOMURA in London. After completing $7bn+ M&A and financing deals, Alexej became an investor at a family office and subsequently at a multi-billion private equity fund where he gained board experience and exited a portfolio company to a listed chemicals business in Poland. End of 2019, Alexej started his founder journey, raising $4m+ from family offices and angels. Alexej is the founder of NUOPTIMA, a growth agency and also acquired, 96NORTH, a consumer brand in the USA.