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FRACTIONAL CFO · GROWTH CAPITAL READINESS · FINANCE TRANSFORMATION

Senior finance leadership for African companies preparing to scale, raise institutional capital or deliver stronger investor returns.

I help founder-led, investor-backed and established African companies understand their financial position, determine how much capital they genuinely need, prepare for debt or equity investment, and build the finance, governance and reporting capabilities required to scale responsibly.

NigeriaSouth AfricaKenyaGhanaPan-AfricanGlobal remote

Based in Lagos · Available for advisory, contract and selected executive roles in Africa and remotely

Growth Capital ReadinessFractional CFO LeadershipPost-Investment Finance Transformation
15+Years in finance leadership
GroupMulti-entity experience
CapitalFinancing & readiness
BoardLender & investor engagement
AfricaRegional & remote delivery
AFRICA-WIDE & GLOBAL REMOTETell Femi the finance or funding decision you need to make.
Guided enquiryWhatsAppLinkedIn

NIGERIA · AFRICA · GLOBAL REMOTE

Finance support that reflects your company and market.

Each engagement is based on the problem your company needs to solve. Femi works with your accountants, auditors, tax advisers and lawyers whenever local expertise is required.

NG
GROWTH, CAPITAL & TRANSFORMATION

Nigeria

Finance leadership for Nigerian companies dealing with expensive capital, rapid growth, cash pressure and the demands of banks and investors.

  • Capital structure and fundraising readiness
  • Cash, treasury and performance reporting
  • Board reporting and finance improvement
Discuss this market →
ZA
GROWTH & INVESTOR READINESS

South Africa

Fractional finance leadership for owner-managed, investor-backed and multi-entity businesses that need better cash control, reporting and Board support.

  • Cash flow and margin reporting
  • Board and investor reporting
  • Growth, funding and transaction support
Discuss this market →
KE
STARTUPS & REGIONAL SCALE

Kenya

Strategic finance support for technology, infrastructure and growth companies building the systems, controls and forecasts required for regional expansion and investment.

  • Finance systems and governance
  • Forecasting and unit economics
  • Fundraising and regional expansion
Discuss this market →
GH
CAPITAL & OPERATING DISCIPLINE

Ghana

Remote CFO support for growing businesses strengthening treasury, profitability, governance, lender readiness and management decision-making.

  • Treasury and working capital
  • Performance and profitability
  • Funding and governance readiness
Discuss this market →
AF
MULTI-COUNTRY FINANCE

Pan-African Companies

Finance leadership for groups operating across African markets and managing multiple entities, currencies, reporting requirements, capital needs and stakeholder expectations.

  • Group reporting and consolidation
  • Multi-currency liquidity decisions
  • Capital allocation and governance
Discuss this market →
GL
INDEPENDENT CONTRACT & ADVISORY

Global Remote

Remote finance support for international companies that need senior financial judgement, knowledge of African markets and dependable delivery across time zones.

  • Fractional or interim leadership
  • Remote Board and CEO support
  • Africa-related growth and transactions
Discuss this market →

FRACTIONAL CFO & CAPITAL ADVISORY

Ongoing finance leadership and focused support for raising the right capital.

01 / FRACTIONAL LEADERSHIP

Fractional CFO

For organisations that need senior finance leadership and Board-level judgement without immediately hiring a full-time CFO.

  • Cash, liquidity and working-capital leadership
  • FP&A, performance and decision support
  • Board and management reporting
  • Finance-team and operating-model development
  • Funding readiness and capital allocation
Discuss fractional leadership →
02 / DEBT, EQUITY & BLENDED CAPITAL

Capital Raising Advisory

For credible companies preparing to raise debt or equity, refinance obligations, fund expansion or improve their investment readiness across Nigeria and Africa.

  • Independent assessment of the genuine funding requirement
  • Capital structure, financing options and investor fit
  • Financial model and evidence-backed investment case
  • Lender and investor materials, data room and due diligence
  • Management preparation and transaction finance support
Assess your capital readiness →

DEDICATED SPECIALISATION

Growth Capital Readiness

For established African businesses with proven demand and meaningful growth potential that need institutional capital to expand, enter new markets or strengthen operating capacity.

Assess whether your company is investment-ready →
Investment-readiness assessmentHistorical financial and earnings reviewIntegrated financial modelCapital requirement and use-of-proceeds planDebt-versus-equity assessmentGovernance and management readinessInvestor materials and data roomDue-diligence preparation100-day post-investment finance plan

INVESTORS & PORTFOLIO COMPANIES

Stronger financial visibility before and after investment.

I support investors, management teams and portfolio companies where reporting capability, cash discipline, finance systems or transaction readiness must be strengthened before or after an investment.

Discuss an investor or portfolio-company mandate →
Preliminary financial screeningTransaction-readiness remediationFinancial model and cash-flow reviewManagement-information assessmentPost-investment reporting architecture13-week cash-flow and working-capital controlBoard and investor reportingFinance-team and systems improvement100-day finance value-creation programme

SERVICES

Finance support for clear business needs.

01

Fractional CFO Leadership

Senior finance leadership on agreed working days, with clear priorities, responsibilities and deliverables.

02

Finance Decision Diagnostic

A focused 10-day review of cash, working capital, reporting, controls, funding readiness and urgent decisions.

03

Finance Transformation

Redesign reporting, FP&A, treasury, controls, ERP governance, team structure and Board decision support.

04

Capital Strategy & Readiness

Work out how much capital you need, choose suitable funding options and prepare the financial model, documents and evidence funders will review.

05

Interim Finance Leadership

Time-bound Finance Director or CFO cover during transition, restructuring, scale-up or an executive search.

06

Board & CEO Advisory

Independent financial advice on growth, cash, risk, performance, investment and business value.

HOW REMOTE FRACTIONAL LEADERSHIP WORKS

Senior support without a full-time appointment.

We agree the working days, access to management, priorities, meetings, reports, deliverables and response times before the engagement begins.

01

Review the position

Understand the company’s cash, performance, funding needs and governance.

02

Agree how we will work

Set the meeting schedule, reporting timetable and responsibilities.

03

Track the work

Monitor actions, results, risks and the next decisions.

04

Work with local advisers

Coordinate with the company’s accounting, tax, legal and audit advisers.

TWO 10-DAY PATHWAYS

Start with the decision your company needs to make.

Each paid Diagnostic reviews the relevant evidence and ends with a clear 90-day action plan. Choose the pathway that best reflects the immediate problem.

Apply for a Diagnostic →
PATHWAY 01

Finance Performance Diagnostic

For cash, profitability, reporting, controls and finance-function challenges.

  • 13-week cash position
  • Performance and margin review
  • Reporting, controls and systems
  • Finance-team priorities
Review finance performance →
PATHWAY 02

Growth Capital Readiness Diagnostic

For companies considering debt, equity, private credit or strategic investment.

  • Capital requirement and use of funds
  • Financial model and investment case
  • Governance, data room and due diligence
  • Investor readiness and 100-day priorities
Assess capital readiness →

FEES AND PAYMENT

What the work costs and when you pay.

The application and first conversation are free. You only pay after we agree the work, deliverables, timetable and fee in writing.

01 / FIRST ENGAGEMENT

10-Day Diagnostic

USD 1,250For a typical single company

This covers one defined question about finance, cash, performance or funding. Reviews involving several companies or countries start from USD 2,500.

  • Clear scope and deliverables
  • Paid before work begins
  • No obligation to continue afterwards
02 / ONGOING SUPPORT

Fractional CFO

USD 2,500 to 6,000+Per month, depending on the work required

The fee depends on the number of working days, companies and countries involved, Board responsibilities, team leadership and transaction work.

  • Monthly fee paid in advance
  • Agreed meetings and deliverables
  • A first term of three months is usually recommended
03 / PROJECT OR TRANSACTION

Finance Improvement and Capital Raising

From USD 3,000Quoted after the scope is agreed

Financial models, data-room preparation, finance improvement and transaction support are billed by milestone. Capital-raising work may include a retainer and a success fee where the law allows it.

  • Milestone or monthly billing
  • External costs are charged separately
  • Funding is not guaranteed
Fees for African companies

Reference fees are shown in US dollars. Nigerian and other African companies can request a local-currency proposal. The fee will reflect the work required and local commercial conditions. It will not simply be a currency conversion.

Request a written proposal →

COMMON BUSINESS QUESTIONS

Clear answers about cash, funding, reporting and growth.

These answers will help you understand the issues. Advice for your company will still depend on its figures, obligations and circumstances.

Ask a confidential question about your company →
01We are profitable, so why are we repeatedly short of cash?

Profit and cash are not the same. Growth may be absorbing cash through inventory, receivables, debt service, capital expenditure, tax obligations or poorly timed payments. The first step is to reconcile profit to cash, build a 13-week liquidity view and identify exactly where cash is trapped or committed.

02Our management accounts arrive late or are not fully reliable. Can you still help?

Yes. Poor records are part of the problem to be solved. The Diagnostic identifies which figures can be trusted, what is missing and what management needs immediately. Your finance function does not have to be perfect before the work starts.

03How do we determine how much capital the company genuinely needs?

The answer should come from your operating plan, cash forecasts, current obligations, the timing of the growth plan and a reasonable safety margin. It should not be a convenient round number. The Diagnostic tests how much you need, what it will fund, how it will be repaid or earn a return, and what evidence a funder will expect.

04How do we know whether we are ready to approach banks, DFIs or equity investors?

A pitch deck is not enough. Funders will review your past performance, cash generation, forecasts, governance, legal structure, management team, risks, valuation or repayment capacity, and data room. Femi identifies the gaps and sets out what must be fixed before you approach them.

05Do you introduce companies directly to lenders and investors?

Where there is a credible mandate and a suitable opportunity, Femi can support funder mapping, materials, management preparation, engagement and transaction finance work. No adviser can responsibly guarantee funding. The company must first demonstrate commercial credibility and investment readiness.

06Can you help a company operating across several entities or countries?

Yes. Multi-entity work focuses on consolidated performance, intercompany balances, liquidity by entity and currency, capital allocation, reporting consistency and the decisions that must remain local versus group-wide.

07How can we manage FX exposure when revenue and obligations are in different currencies?

The work begins by mapping contractual and operational currency exposures, timing mismatches and natural hedges. Management can then compare pricing, matching, reserve, funding and hedging choices against cash impact and risk appetite.

08Our Board receives many numbers but still cannot make clear decisions. What changes?

A Board pack should do more than report what has already happened. It should explain the cash position, changes in the forecast, reasons for major variances, use of capital, risks, available options and the approvals management needs.

09When should a company use a fractional CFO instead of hiring full-time?

Fractional leadership works when the business needs senior judgement, structure and Board support but does not yet require a CFO every working day. A full-time appointment becomes more appropriate when transaction volume, regulation, team size, stakeholder intensity or daily executive demands require permanent presence.

10Can you work with our existing accountant, finance manager, auditor and tax advisers?

Yes. The role is not to displace competent specialists. Femi provides the executive finance layer, clarifies ownership and coordinates the information required for management, Board, capital and performance decisions.

11Can listed, regulated or listing-preparation companies engage you?

Yes, subject to mandate, independence and confidentiality requirements. The work can support finance transformation, reporting readiness, governance, capital planning, transaction preparation and interim leadership while specialist legal, audit, tax and regulatory advisers retain their respective responsibilities.

12What exactly happens during the 10-Day Finance Decision Diagnostic?

Femi interviews the relevant leaders and reviews selected financial and business records. The review covers cash, performance, reporting, the finance team and funding readiness. You receive a written brief showing the main risks, the decisions management must make and a practical 90-day action plan.

13What information must we provide?

Usually: recent management accounts, bank and cash information, budgets or forecasts, debt and funding information, entity structure, Board or investor materials and access to relevant leaders. A tailored request list is issued after the scope is agreed.

14How confidential is the engagement?

Initial conversations are treated discreetly. Before sensitive information is reviewed, the parties agree confidentiality, access and permitted-use terms. Public case material is anonymised unless the organisation gives express approval.

15When do we pay for the Diagnostic?

The application and initial fit conversation are free. Once scope, deliverables and timing are agreed, the Diagnostic fee is paid before the 10-day work begins. Multi-entity assignments may use an agreed deposit and completion milestone.

16What happens after the Diagnostic?

There is no automatic long-term commitment. Leadership may implement the roadmap internally or separately appoint Femi for fractional CFO leadership, capital-raising advisory, finance transformation, an interim mandate or another defined project.

SELECTED EXECUTIVE FINANCE EXPERIENCE

Evidence of leadership across capital, scale, systems and cash.

Femi Emmanuel brings more than 15 years of senior finance experience across multi-entity, growth-oriented and capital-intensive businesses. The cases below describe work performed in employed executive leadership roles. Company identities and commercially sensitive transaction details remain confidential.

01 / CAPITAL READINESS · ₦50BN+ EXPERIENCE

Supporting a significant financing programme

SituationA capital-intensive business required credible funding analysis and external-stakeholder readiness.

Role and decisionsSupported financial modelling, cash-flow scenarios, funding-requirement assessment, finance due diligence and management engagement with external stakeholders.

Transferable resultLeadership gained a clearer view of the capital required, its intended use and the evidence funders would test.

02 / GROUP VISIBILITY · ₦80BN+ ASSET CONTEXT

Creating financial visibility across a multi-entity group

SituationGrowth across multiple private entities increased the need for consolidated cash, performance and risk visibility.

Role and decisionsStrengthened entity reporting, group cash visibility, consolidated performance analysis and executive decision information.

Transferable resultLeadership received a more coherent financial view across the group instead of fragmented entity-level reporting.

03 / FINANCE CAPABILITY · ₦20BN+ REVENUE CONTEXT

Strengthening the finance operating system for scale

SituationA growing organisation needed finance capability that could keep pace with greater revenue, operational complexity and stakeholder expectations.

Role and decisionsLed or strengthened reporting cadence, budgeting, treasury, controls, team responsibilities, management information and process improvement.

Transferable resultFinance moved closer to being a reliable decision partner rather than only a recorder of historical activity.

04 / CASH, TREASURY & EXECUTIVE DECISIONS

Improving cash visibility and decision discipline

SituationManagement needed clearer visibility over cash, obligations, performance pressure and urgent decisions.

Role and decisionsApplied structured cash visibility, performance analysis, risk escalation and executive reporting to focus management attention.

Transferable resultDecision-makers could identify cash pressure earlier, clarify ownership and prioritise the actions that mattered most.

Scope indicators are drawn from Femi Emmanuel’s employed leadership experience. Details are generalised to protect privately held companies and do not attribute organisation-wide outcomes to one executive.

LATEST INSIGHTS

Finance decisions explained clearly.

Practical articles for CEOs, CFOs, boards, investors and founders.

View all insights →

ABOUT FEMI

Senior financial judgement backed by practical experience.

Femi Emmanuel is a Chartered Accountant and finance leader with more than 15 years of experience in corporate finance, treasury, financial control, governance, capital strategy and finance transformation.

He has worked across technology infrastructure, engineering, real estate, energy, logistics, hospitality, manufacturing and diversified groups. He works with founders, executive teams, Boards, lenders, investors and professional advisers to improve reporting, assess capital needs and build stronger finance functions.

Understand the problem. Establish the facts. Explain the options. Help the business act.

Executive opportunities: Femi is also open to suitable full-time or long-term Finance Director and CFO roles in Africa or remotely. The role must provide the authority and compensation required for the work.

View LinkedIn profile →

SECTOR EXPERIENCE

Technology & infrastructureReal estate & constructionEnergy & logisticsHospitality & consumerManufacturing & distributionFintech & financial services

HOW ENGAGEMENTS BEGIN

Clear problem. Defined first step. Accountable delivery.

01

Confidential conversation

Clarify the decision, urgency, stakeholders and available evidence.

02

Scope and outcomes

Agree deliverables, working model, timing, fees and success measures.

03

Execute and learn

Deliver the work, track outcomes and leave stronger finance capability behind.

DIAGNOSTIC APPLICATION

Tell me what your business needs to solve.

Explain what is happening, the decision you need to make and how urgent it is. Your application is stored privately and a summary is prepared for you to review in WhatsApp.

  • Takes about two minutes
  • Your application is stored privately
  • Femi responds personally
GUIDED ENQUIRY

Tell Femi what you need.

Complete this short form. Your answers will open securely in WhatsApp for you to review and send.

Your application will be stored privately before WhatsApp opens.

DIRECT CONTACT

Prefer to speak without completing a form?

Reach Femi directly by WhatsApp, telephone, email or LinkedIn.

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