Fractional CFO services

Beyond numbers.
Where your financial partnership begins.

Spero acts as your fractional CFO and financial department: planning, forecasting and reporting, so every decision you make is backed by real numbers.

Do you know how many months of cash you have left if growth slows down?
Do you know which product, client or location actually makes you money?
Are you deciding on hiring, pricing or expansion with real numbers behind you, or with a guess?

Book a Consultation

Years combined FP&A, treasury and audit experience

Core areas of financial support

Founders, one point of contact

Dubai

Based in the UAE, working with clients worldwide

About Spero

Spero works as a fractional CFO and financial department for founders and growth-stage businesses. Run by two finance professionals with backgrounds in FP&A, treasury and audit across Oil & Gas, Consulting, Banking and renewable energy, we own the numbers instead of just reporting them.

Stefania Anghel

Co-Founder, FP&A & Controls

7 years across FP&A, audit, financial controls, budgeting and analytical reporting, in multinational environments spanning Oil & Gas, Consulting and Banking. Works in SAP, BPC and Power BI.

Planning and forecasting give meaning to the numbers.

Catherine Candea

Co-Founder, Treasury & Liquidity

Master's in International Finance and Entrepreneurship. 8 years in treasury administration within multinational environments, including renewable energy, with expertise in liquidity planning, cash flow management and financial performance monitoring.

Cash is the heartbeat of the company.

Our role

What is our role

Strategic financial partnership

We work alongside founders and SME owners to bring clarity, structure and direction to a financial picture that has grown more complex than it looks.

Insight-driven decision making

We turn raw numbers into frameworks you can actually act on, so decisions get made ahead of a problem instead of in reaction to one.

Sustainable growth, on solid ground

Growth that is not backed by financial discipline tends to catch up with a business. We build the structure that lets it hold.

Where we start

Problems we address

Common challenges our clients face before working with us.

No visibility into cash position beyond the current month.

Financial reports that arrive too late to change a decision.

Margins that look fine overall but do not hold up client by client.

No structured process for budgeting or tracking variance.

Hours going into spreadsheets that should go into running the business.

Financials that are not ready for investor, board or lender scrutiny.

How we help

Five areas, one financial partner

Financial strategy and planning

Long-term financial direction, growth strategy, risk assessment and scenario planning, built around how your business actually runs.

Outcome: a clear financial direction behind every major decision.

Cash flow and liquidity

Rolling cash flow forecasts, working capital planning and liquidity management, so you always know what is coming.

Outcome: cash management that stays ahead of the business, not behind it.

Budgeting and forecasting

Annual budgets, rolling forecasts, variance analysis and the KPI dashboards that let you catch problems early.

Outcome: stronger oversight and fewer surprises in performance.

Cost management and profitability

Cost structure and margin analysis by product, client or location, plus break-even work and concrete places to cut.

Outcome: a leaner cost base and better-informed pricing.

Fractional CFO

If you want a constant financial partner and not a one-off conversation, we take on this role long term, embedded in how your business runs.

Outcome: one point of accountability for the numbers, instead of ad hoc advice.

Financial reporting and analysis

Monthly management accounts, profit and loss analysis, balance sheet review and dashboards built for your team, not for accountants.

Outcome: numbers you can actually read and act on.

Scope

What's included

The core of a Spero fractional CFO engagement, tailored to what your business needs right now.

Financial strategy and planning, built around where the business is headed.
Month end close and management reporting you can rely on every cycle.
Cash flow forecasting, so you always know what is coming.
Budget preparation and ongoing monitoring against actuals.
Cost structure and profitability analysis by product or client.
Support through fundraising and investor relations.

Process

How we work

Assess

We start by getting into the detail: your numbers, your team, the tools you use and where the business is trying to go.

Plan

From there, we set a financial roadmap tied to your goals and agree together what the engagement should cover.

Implement

We become part of how the business runs: in leadership meetings, owning the reporting cycle and steering financial decisions.

Review

Results get checked against targets on a regular basis, forecasts get refined, and the scope adjusts as the business does.

Getting started

Onboarding process

Initial consultation

A first conversation about your business and where finance is currently helping or holding you back.

Financial assessment

We review your numbers as they stand today, before proposing anything.

Data review and analysis

A closer look at cash flow, margins and reporting, to see where the real gaps sit.

Strategy development

We put together the financial roadmap and agree the scope of the engagement with you.

Implementation plan

A practical sequence for rolling out reporting, forecasting and the rest of the scope.

Ongoing monitoring

Regular reporting and check-ins, so the engagement keeps pace with the business.

How we work together

Three ways to start

One time

Financial diagnostic

You come in with a decision you keep postponing. You leave with a grounded answer and a clear read on cash flow and profitability. The right starting point if you want fast clarity with no ongoing commitment.

Monthly

Fractional CFO retainer

Budget versus actual, profitability by product and client, cash flow and hands-on support for the decisions your business is making right now. A constant financial partner, month after month.

One time

Investor-ready financial model

A complete financial model built to withstand investor questions, for founders heading into a funding round or preparing to raise capital.

Why it works

Benefits

Senior financial judgment

The same strategic thinking a seasoned CFO brings to the table, shaped around your business rather than a generic playbook.

Decisions backed by data

Reporting and analysis clear enough that every major call is made on evidence, not instinct.

Numbers that hold up to scrutiny

Financials built to the standard investors, boards and lenders expect to see.

An engagement that adapts

The scope moves with your business, expanding or narrowing as priorities change.

Who we work with

Ambitious founders & growth-stage businesses

We work with businesses who see finance as a strategic lever for scale, resilience and long-term value creation, not just a compliance requirement.

Industries we serve

Technology & SaaS Professional services & consulting Oil & gas and energy Renewable energy Retail & e-commerce Financial services Real estate Early-stage startups

Questions

Frequently asked questions

How is a fractional CFO different from an accountant or bookkeeper?

An accountant records and reports what already happened. A fractional CFO uses those numbers to guide decisions ahead of time: pricing, hiring, cash runway, fundraising and where to invest or cut back.

How quickly can we get started?

Most engagements begin with a financial diagnostic, so we understand your numbers before proposing a scope of work. From there, we agree a start date that fits your reporting calendar.

Do you work with early-stage startups, or only established businesses?

Both. We work with founders building their financial foundation from day one, and with established businesses that need more rigor in their reporting and planning.

Beyond numbers.Where your financial partnership begins.