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Fractional Controller | CPA

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Frak Finance
Full Time position
Listed on 2026-03-14
Job specializations:
  • Accounting
    Financial Reporting, Accounting Manager, Senior Accountant, Tax Accountant
  • Finance & Banking
    Financial Reporting, Accounting Manager, Tax Accountant
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Frak Finance provides outsourced accounting, fractional CFO advisory, and M&A support for lower middle-market businesses.

We help owners, operators, and investors get clean, reliable financials so they can run and grow with confidence.

About the Role

We’re seeking an experienced Fractional Controller or CPA to support a growing real estate investment platform with corporate-level accounting, investor reporting, and audit support.

This role is ideal for someone who enjoys hands‑on accounting oversight, rolled‑up financial reporting, cash visibility, and creating structure in a growing investment business.

After the initial engagement, you may serve as a trusted backstop, providing periodic reviews and guidance as needed.

Responsibilities Accounting Oversight
  • Own and improve the corporate‑level accounting and reporting process
  • Review rolled‑up financials across entities for accuracy and consistency
  • Support month‑end and quarter‑end close processes
  • Help maintain clean, reliable financial statements and supporting schedules
  • Improve visibility into liquidity and cash flow at the corporate level
  • Document processes to support a more repeatable accounting function
Investor Reporting & Audit Support
  • Prepare and review investor reporting packages
  • Support reporting to joint venture partners and institutional stakeholders
  • Interface directly with external auditors and help coordinate audit requests
  • Prepare reconciliations, schedules, and support files for audits and year‑end reporting
  • Help ensure the books and reporting are organized, defensible, and audit‑ready
  • Support K‑1 readiness and coordination with outside accounting firms
Controller‑Level Oversight
  • Review accounting policies and the Chart of Accounts
  • Recommend improvements to strengthen financial accuracy and reporting consistency
  • Provide oversight and structure to the client’s internal accounting processes
  • Help onboard new entities or properties into a clean reporting structure
  • Optional periodic review and guidance after initial setup
What We’re Looking For
  • Active CPA certification
  • Strong background in accrual accounting, month‑end close, and controller‑level reporting
  • Experience with investor reporting is required
  • Experience interfacing with audits is required
  • Comfortable reviewing journal entries, reconciliations, and financial statements
  • Confident communicating with executives, investors, auditors, and advisory teams
Professional & Collaboration Expectations
  • Strong executive‑level written and verbal communication skills
  • Detail‑oriented, reliable, and self‑directed execution style
  • Ability to independently analyze problems and develop practical solutions
  • Comfortable managing client interactions, including participating in or leading client calls when required
  • Maintain appropriate availability and responsiveness during the engagement period
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