CFO Squad

What CFO Squad does

CFO Squad LLC is a privately held outsourced accounting and financial advisory firm founded in July 2013 by Joseph Himy, CPA and headquartered in New York City. The firm operates with approximately 20+ staff across six offices in the United States (New York, New Jersey, Massachusetts, Texas), the Philippines (Davao City), and Israel, delivering a full suite of professional services including technical accounting (U.S. GAAP standards ASC 480, 805, 815, 740, 606, 842), SEC and financial reporting (10-K, 10-Q, S-1, SOX 404, IPO preparation), M&A advisory, tax compliance and planning, real estate services, and tiered back-office accounting subscriptions (Basic Accountant, Standard Controller, Advanced CFO). The technology backbone is a custom, cloud-based accounting platform with a unifying dashboard providing real-time financial information, ERP integrations, and management reporting tooling.

CFO Squad's go-to-market is sales-led and relationship-driven, targeting private and public companies that require CFO-level expertise and complex financial reporting without the cost of a full-time executive. The firm serves a hybrid customer base spanning startups, emerging growth companies, established private businesses, and public companies across verticals including healthcare, pharmaceutical, technology, manufacturing, real estate, cannabis, and life sciences. Notable public-company clients include Ealixir (EAXR), Siyata Mobile, Iconic Brands (ICNB), NanoVibronix (NAOV), Stemtech, and RYAH Group. Revenue is generated through a combination of professional services engagements (project-based and retainer) and recurring monthly subscriptions for the back-office accounting tiers.

The firm reports consistent double-digit revenue growth: 15% in 2020, 32.7% in 2023, and 35.2% in the first half of 2024, with leadership citing no layoffs during COVID and absorbing 20% headcount growth in 2020. Growth has been fueled by geographic expansion (Philippines in 2020, Boston in 2023, Dallas in 2025), new product offerings (cloud-based back-office accounting solution launched 2021), and senior leadership additions (Raymond Smith as Partner leading SEC Practice in 2025; Jeannine Zimmerman promoted to COO in 2025). The firm is founder-controlled with no disclosed institutional investors, funding rounds, or M&A activity.

Name

CFO Squad

Legal name

CFO Squad LLC

Website

https://cfosquad.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

CFO Squad LLC is a privately held outsourced accounting and financial advisory firm founded in 2013, providing technical accounting, SEC reporting, M&A advisory, tax compliance, and tiered back-office accounting services to startups, private mid-market companies, and public companies across multiple industries.

Ownership category

akta.pro rank

Product category

Professional Accounting & Financial Advisory Services

NAICS

Management Consulting Services (54161)

SIC

Finance Services (6199)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

Keywords

• Outsourced CFO services
• Technical accounting services
• SEC financial reporting
• Mergers acquisitions advisory
• Tax compliance planning

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Outsourced CFO Advisory Services: Providing CFO-level talent on an outsourced basis including interim CFO services, CFO consulting, and strategic financial guidance for companies of various sizes
2. Technical Accounting Services: Complex accounting advisory including ASC 480, 805, 815, 740, 606, 842 compliance and implementation support
3. SEC & Financial Reporting Services: 1934 Act reporting, audit preparation, Form 10 registrations, IPO preparation, S1 registrations for public companies
4. Backoffice Accounting Services: Three-tier service levels (Basic Accountant, Standard Controller, Advanced CFO) providing accounts payable/receivable, payroll, month-end close, financial statements, forecasting, audit preparation
5. Mergers & Acquisitions Advisory: Due diligence, deal management, integration services, strategic and financial planning, buy or sell side transaction execution
6. Tax Compliance and Planning Services: Tax compliance and preparation for domestic and international corporations, corporate tax planning, multi-jurisdiction tax strategies
7. Real Estate Services: Financial advisory, outsourced accounting, transactional, and tax compliance services for real estate owners, developers, managers, REITS, private equity funds, and institutional investors

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

CFO Squad is an outsourced accounting and consulting firm that delivers CFO-level expertise, technical accounting research, SEC and financial reporting, backoffice accounting, M&A advisory, real estate services, and tax compliance and planning. It serves startups, emerging growth companies, established private businesses, and public companies through tiered monthly subscriptions and customized engagement-based services delivered virtually by dedicated teams.

Product overview

CFO Squad is an outsourced accounting and financial advisory firm offering a comprehensive suite of professional services. The firm provides technical accounting expertise (covering U.S. GAAP and SEC standards including ASC 606, ASC 842, ASC 805), SEC & Financial Reporting Services, full Backoffice Accounting Solutions with tiered service levels (Basic Accountant through Advanced CFO), Mergers & Acquisitions advisory, Real Estate Services, CFO Consulting/Interim CFO Services, and Tax & Compliance/Planning. These services work together to provide clients with CFO-level talent, audit preparation, financial reporting, and transaction support on an outsourced basis.

Differentiator

Problem solved

Functional benefit

Products and services

• Technical Accounting Services

Quantifiable outcome

• 15% revenue increase in 2020 despite COVID challenges
• +5 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• The CFO Centre: Global fractional/outsourced CFO firm offering part-time CFOs to SMEs and mid-market companies. Directly competes with CFO Squad's outsourced CFO consulting and back-office offerings across multiple geographies.
• Chief Outsiders: US-based fractional executive firm with a large bench of part-time CFOs serving growth-stage and mid-market companies. Same core audience (companies needing senior finance leadership without a full-time hire) and delivery model as CFO Squad.
• Preferred CFO: US-based outsourced and fractional CFO firm targeting small and mid-market businesses with bookkeeping, controller, CFO, and financial advisory services. Closely comparable service mix, audience, and tiered delivery model.
• CFGI (Centri Business Consulting): US accounting advisory firm specializing in technical accounting, SEC reporting, IPO/SPAC advisory, and M&A diligence for mid-market public and pre-IPO companies. Head-to-head competitor in CFO Squad's core technical-accounting and SEC niche.

Broad incumbents

• BDO USA: Top-tier US accounting and advisory firm offering outsourced CFO services, SEC reporting, technical accounting, and M&A advisory to mid-market public and private companies. Overlaps heavily with CFO Squad's service portfolio but operates at much larger scale with a broader practice mix.
• Alvarez & Marsal: Global professional services firm known for interim CFO, turnaround, and performance-improvement engagements for distressed and growth companies. Comparable to CFO Squad on interim CFO and restructuring work for mid-market clients.
• Marcum LLP: Major US accounting firm providing SEC audit, technical accounting, M&A advisory, and outsourced CFO services to mid-market public companies. Directly competes for the same IPO and ongoing-reporting engagements CFO Squad serves.
• Citrin Cooperman: Mid-market-focused accounting and advisory firm offering outsourced CFO, SEC reporting, technical accounting, and transaction advisory. Comparable middle-market client profile and growing overlap with CFO Squad's public-company practice.
• Tatum (Randstad): Interim and project-based executive staffing firm (now part of Randstad) placing interim CFOs, controllers, and finance leaders into mid-market companies. Adjacent to CFO Squad on interim CFO engagements but with a broader staffing-platform model.

Emerging players

• Paro: AI-enabled marketplace connecting companies with vetted fractional finance and accounting talent. A technology-mediated competitor for outsourced accounting and CFO work, particularly appealing to growth-stage and SMB clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cfo-squad

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CFO Squad