Fractional Chief Financial Officer

Commercial Real Estate Development | Primarily Remote | Maryland

Schedule

Work arrangement

Compensation

5 to 8 hours per week initially

Primarily remote with limited on-site presence

$125 to $140 per hour W-2 depending on experience

The Opportunity

A privately held, entrepreneurial commercial real estate development and construction management firm in the Montgomery County MD area is seeking an experienced Fractional CFO to provide senior-level oversight of its accounting and finance function. The company acquires, develops, and repositions properties, with a particular focus on multifamily, mixed-use, and workforce rental housing.

This is a hands-on advisory role for a real estate finance leader who can review the work, strengthen the team, and give ownership confidence that financial reporting and cash-flow information are complete, accurate, and decision-ready. The engagement will begin at approximately 5 to 8 hours per week and will be performed primarily remotely. Limited on-site presence in the Bethesda area will be required periodically, with timing and frequency based on business needs.

What You Will Do

Provide CFO-level oversight across multiple entities, properties, and active development projects.

Review monthly financial statements, balance-sheet reconciliations, journal entries, accruals, and supporting schedules for accuracy and completeness.

Oversee project and development cost accounting, capitalization, and related GAAP and tax considerations.

Monitor cash flow and help ownership understand current liquidity, future funding needs, and financial priorities.

Support budgeting, forecasting, scenario analysis, and practical management reporting.

Manage, guide, and mentor the existing accounting team while maintaining appropriate accountability for the quality of its work.

Coordinate with the outside CPA firm on tax, audit, and year-end matters.

Assist with lender and investor reporting and interface with banks, capital partners, and other outside parties as needed.

Serve as a trusted financial sounding board to ownership on financing, acquisitions, special projects, and other transactions.

Provide limited assistance with ownership-related financial administration when requested.

What We Are Looking For

Prior experience as a CFO, VP of Finance, or senior Controller within commercial real estate.

Direct experience with a development-focused business model involving property acquisitions, construction or redevelopment, multiple entities, and project-level reporting.

Strong command of real estate accounting, development and construction costs, capitalization, GAAP, and tax-sensitive reporting.

Experience working with lenders, investors, outside CPAs, and ownership in a privately held or entrepreneurial environment.

Ability to review and challenge financial information without taking over responsibilities that should remain with the accounting team.

Practical, low-ego leadership style with the judgment to move comfortably between detailed accounting review and strategic advice.

Availability for approximately 5 to 8 hours per week initially, primarily remote, with the flexibility to attend occasional on-site meetings in the Bethesda area as business needs require.

Preferred Background

Multifamily or mixed-use real estate development and workforce housing experience.

Construction management, distressed-property repositioning, or value-add development exposure.

CPA or advanced degree is helpful but not required when supported by strong, directly relevant experience.

Why This Assignment

This engagement offers a seasoned real estate finance executive the opportunity to make a visible impact without committing to a full-time role. You will work directly with ownership, strengthen an established accounting function, and help guide financial decisions across active properties and projects.

Compensation and Schedule

The anticipated W-2 consulting rate is $125 to $140 per hour, depending on the depth and relevance of the candidate’s commercial real estate development experience. The assignment is expected to begin at 5 to 8 hours per week and will be performed primarily remotely. Limited on-site presence in the Montgomery County, MD area will vary based on meetings, projects, and other business needs. Hours may evolve as the engagement develops.

Apply

Qualified candidates should submit a resume highlighting commercial real estate development, construction or project accounting, multi-entity reporting, cash-flow oversight, and lender or investor experience.