Fractional CFO · Enterprise SaaS & Recurring Revenue

CFO leadership for
enterprise SaaS.

Strong bookkeeping and controls keep a SaaS company's financials accurate and current. A fractional CFO adds what comes next — forecasting, runway, and reporting that speaks ARR and retention — well before a full-time hire makes sense.

The gap
Your SaaS business has grown and you now have questions that go beyond what bookkeeping alone can answer — but a full-time CFO isn't the right next step yet.
The solution
A structured fractional CFO engagement — senior financial leadership without the full-time overhead.
The difference
Built around SaaS metrics from day one — ARR, NRR, CAC payback, Rule of 40, and burn — with a structured diagnostic where it adds value.

Serving growth-stage companies across Ontario.

You've grown past the basics.
The finance function hasn't kept pace.

01
Your books are managed, but not investor-ready
Bookkeeping keeps the records. It doesn't produce an ARR walk, track net revenue retention, or tell you your burn multiple — the numbers your board and investors actually ask for.
02
Scaling and raising without senior finance support
Hiring, pricing, burn, and the next raise carry real financial consequences. These decisions benefit from forward-looking analysis — unit economics, runway, and scenario planning — that a finance function focused on bookkeeping is not set up to provide.
03
A full-time CFO is a significant commitment
A full-time CFO is a significant operational and financial commitment — one that makes sense when the business is ready for it. For most growth-stage businesses, the question isn't whether they need CFO-level thinking. It's whether the timing is right for a full-time hire.
"The right time to bring in senior financial leadership is when the cost of not having it exceeds the cost of having it."
For most founder-led businesses, that moment arrives well before they realise it. A fractional engagement makes the decision straightforward — structured, scoped, and priced around the business, not around a full-time salary.

How an engagement works

A structured process from first conversation to ongoing partnership — with a clear assessment before any ongoing commitment.

1
Connect
A 30–45 minute conversation to understand your business, your priorities, and whether a CFO engagement would add meaningful value.
2
Assess
A closer look at where your reporting, cash flow, and controls stand — often through conversation alone, and where it adds value, a structured Financial Health Diagnostic with a findings report and 120-day roadmap.
3
Agree
A tailored proposal is presented covering scope, cadence, and investment. Once agreed, the engagement is confirmed and we are ready to begin.
4
Begin
A structured kickoff establishes scope, cadence, and system access. Across the following 120 days, we oversee getting your books current, build out your KPI dashboard and reporting package, and stand up SaaS-specific infrastructure — retention cohorts and documented metric definitions.
5
Partner
Ongoing fractional CFO support — financial reviews, forecasting, board reporting, strategic advisory, and special projects as required.

Areas of focus

Built for enterprise SaaS — from first institutional reporting through fundraise and scale. Each engagement is scoped to your stage and existing finance infrastructure.

01
SaaS Financial Diagnostic
A structured assessment of financial reporting, cash flow and runway, profitability and unit economics, controls, and strategic planning — with a clear findings report and 120-day roadmap delivered at the end.
ARR, retention & unit-economics review
Revenue recognition advisory (ASC 606 / IFRS 15)
Reporting & controls infrastructure review
02
Monthly SaaS CFO Support
ARR reporting, burn and runway forecasting, SaaS KPI dashboards, and investor-ready board packs on an ongoing retainer basis.
ARR walks, NRR/GRR & Rule of 40 reporting
Board & investor reporting
Burn, runway & cash discipline
03
Fundraise & Strategic Advisory
Raise readiness, scenario and burn modelling, cap table support, and financial decision support for scaling SaaS businesses.
Raise readiness & investor diligence support
ARR forecasting & scenario modelling
Cap table & capital structure support

The same recurring-revenue discipline extends to contract-based service businesses — monitoring, maintenance, and managed-service models.

It extends just as naturally to AI-native and marketplace companies, where usage-based, consumption, or take-rate economics replace flat subscription ARR.

The Financial Health Diagnostic

Where it adds value, this is a structured diagnostic — a clear advisory assessment of where the business stands across reporting, cash flow and runway, profitability and unit economics, controls, and strategic planning.

Pillar 1Financial Infrastructure
Pillar 2Reporting & Insights
Pillar 3Cash, Burn & Runway
Pillar 4Unit Economics & Profitability
Pillar 5Strategic Alignment & Risk
What you receive at the end of the diagnostic
A Financial Health Report and 120-Day Roadmap — a clear, prioritised picture of where things stand and what needs to happen first.
A score across all five pillars
Priority findings with implications and recommendations
A 120-day roadmap of immediate actions
A proposal for the ongoing CFO engagement
Start with the diagnostic
Neil Scicluna
CPA, CA · Fractional CFO Partner
APi Group
Emerson Electric
RBCx
KPMG

Fifteen-plus years across Canada, the UK, and the Middle East, spanning two disciplines that now anchor this practice: finance operations and institutional banking.

As Director, Financial Reporting & FP&A at APi Group (NYSE), and Finance Director at Emerson Electric MEA (NYSE), I ran the reporting and forecasting functions that fed into each company's consolidated public financial presentations — the discipline of closing books and building forecasts to a standard that has to hold up at the corporate level.

As a banker to growth companies at RBCx, I saw the same gap appear repeatedly: growth outpacing the finance function's ability to report on it credibly to a board or a lender.

I started Scicluna CFO Partner to bring that combination — reporting discipline and banking pattern recognition — directly to companies, rather than from the other side of a bank's desk.

CPA, CA Enterprise SaaS Recurring-revenue service businesses Ontario

Let's connect

If you're scaling a SaaS or recurring-revenue service business — raising, or simply in need of sharper financial reporting — I'd welcome a conversation. No obligation, just a direct discussion about whether there's a fit.

Location
Ontario