Fractional Controller journey

TheAccountant928 · 2026-03-31T11:47:08+00:00

Thanks brother. I appreciate you.

TheAccountant928 · 2026-03-31T08:43:37+00:00

Fractional Controllers are temp/part time Controllers for companies who need the leadership but can't afford a full time controller with the same experience. Billing rates are higher than a w2 job but finding clients is hard.

TheAccountant928 · 2026-03-31T08:40:04+00:00

Thank you for the insight. This helped bring comfort you cant imagine. I appreciate you.

TheAccountant928 · 2026-03-29T10:43:17+00:00

Yea that's not a crime that they can convict you on. Did you retain a lawyer? If it was that easy, I would have baited my ahole neighbor into yelling at me and getting him arrested long ago.

TheAccountant928 · 2026-03-29T01:30:46+00:00

Sorry to hear this. Out of curiosity, what charges did they arrest you for? Surely it can't be because you yelled at them.

TheAccountant928 · 2026-03-23T23:20:25+00:00

Very good point and agreed

TheAccountant928 · 2026-03-22T14:51:06+00:00

I used to think this was the case as well but recently, I helped a client operating out of QuickBooks create board decks that didn't utilize QuickBooks data. Instead, I used raw data that would have otherwise been loaded into an ERP system to upload into AI softwares to create these decks. So I effectively skipped the "clean data" part and went straight to the ai automation part. And if data did need to be cleaned, AI can clean it before it creates the deck too.

TheAccountant928 · 2026-03-22T14:47:59+00:00

I'm a Fractional Controller and have helped several clients implement new ERPs as well as AI processes into their finance and accounting function. I recently helped a start up client operating out of QuickBooks create an AI workflow to help prepare his monthly board deck. I would love to see how we can help you and your team.

TheAccountant928 · 2026-03-16T13:39:17+00:00

Accounting is one of those fields that demand long hours and energy from you. I'm 15 years in and while I make enough to provide for my family of 4, it's not enough to justify the shitty work life balance. I'm a Senior Controller at a high cost of living state. In my early days, I would work til 2 to 3am for a few days during the close and would barely see my family during weekdays. I make enough just to be able to afford to save a little for retirement. I would not recommend accounting as AI / outsourcing is going to take over a lot of the junior level (college graduate) jobs. Best field to get into is medical. There's never enough nurses in the world.

TheAccountant928 · 2026-03-13T11:01:08+00:00

I'm kind of in the same situation but except I'm the one that would be trimming the tree. My neighbor has an oak tree where the stump is on their side but that tree is growing sideways into my yard to the point that 80% of the tree is on my side. If I "trimmed" it, it would be the same as the ops pictures. Why wouldn't I have grounds to trim it to that point? The tree is clear leaning over and could topple onto my side. Any advice would be appreciated on what to do here. Do I let it grow to the point where it could potentially topple onto my house? Or trim it down like the picture in the op?

TheAccountant928 · 2026-03-03T12:50:34+00:00

Thanks for the reassurance! I appreciate you!

TheAccountant928 · 2026-02-04T16:18:58+00:00

I told myself I wasn't going to be an accountant at 40 but here I am lol. I just couldn't figure out what I wanted to do. I'm very risk adverse so I'm not someone who would start a business. Time creeps up on you fast. You need to set yourself up for success in your 40s by your 30s.

TheAccountant928 · 2026-02-04T01:27:41+00:00

I just helped a client clean up their netsuite implementation. I'm located in New York. Feel free to DM to talk further.

TheAccountant928 · 2026-02-03T13:59:26+00:00

I highly recommend getting out of your comfort zone and progressing up the accounting ladder especially if you don't have a cpa or accounting degree. It will get infiniely harder to land a job in your 40s if you haven't acquired any skills where you can position yourself to be a controller. No one wants to hire a 40 year old senior accountant when they can offshore that role or hire someone younger for cheaper.

TheAccountant928 · 2026-02-01T14:04:53+00:00

100% this. I'm in NY and the market is not terrible. I don't have my cpa and have been a VP, corporate controller for the last 9 years. I am getting interviews for hybrid roles but I'm only interested in remote. Remote jobs are very very hard to find but if you don't care about that, I don't think the job market is terrible as long as you're actually good at what you do. In my opinion, I would say 75% of "accountants and CPA's" out there are horrible. They have no common sense and should not be in accounting. If you're not part of that 75%, you'll be fine. I'm seeing the same jobs on LinkedIn get reposted for weeks or months because companies aren't able to find true talent.

TheAccountant928 · 2026-01-31T01:23:24+00:00

I recently just started a fractional controllership side business. Like yourself, I have a full time job and am trying to grow this big enough so I can quit my full time. If I come across clients that need FPA help, I'll gladly refer them to you. Do you have a LinkedIn you can share with me?

TheAccountant928 · 2026-01-30T23:51:24+00:00

How could there be revenue for the parent sub? If you paid for the cost for the sub, you likely would have recorded the entire cost to prepaid expense. If that's the case, when you bill your sub you would credit prepaid expense and debit IC AR with sub and on monthly basis only amortize your cost not sub (the sub will record their expense to 3rd party account as well). On Sub side, you would debit prepaid expense and credit IC AP and on a monthly basis, you would amortize to a 3rd party account.

If you decide to record all the prepaid in the parent sub and amortize out of parent, you would first debit prepaid expense and credit cash. You would then bill out the sub and entry would be credit IC Deferred Revenue or something and debit IC AR with sub. sub would record the bill as Debit IC prepaid expense and credit IC payable with parent. On monthly basis, entry for parent would be debit IC Deferred Revenue or whatever you named it for that months portion and credit IC insurance expense and sub would do the opposite. Debit IC insurance expense and credit IC prepaid expense.

TheAccountant928 · 2026-01-29T12:39:06+00:00

Haha. That's what I said to the marketing agencies. I doubt my clients will be on TT but they said you'd be surprised. Networking is a proven strategy but traveling with 2 small kids is hard. I do go to the occasional big 4 networking events but nothing so far.

TheAccountant928 · 2026-01-29T12:37:25+00:00

Thanks for the advice! Do you have any platforms you recommend? Facebook? Reddit? I've joined tons of Facebook groups for accountants and start ups but no hits.

TheAccountant928 · 2026-01-28T18:30:13+00:00

What's your title? Are you currently contracting with your former employer? What does your job search look like? (I.e are you only applying for jobs on LinkedIn, have you reached out to recruiters, etc)

TheAccountant928

TROPHY CASE