/ Fractional CFO · Manufacturing

Fractional CFO for Manufacturing

Manufacturers live and die on cost accounting and margin discipline. A fractional CFO who understands the real economics — and can fix the systems feeding your numbers, too.

01  The problem

Why manufacturers need a finance layer above the bookkeeper

Manufacturers live and die on cost accounting and margin discipline. When standard costs drift from actuals, when inventory and COGS are fuzzy, or when you cannot see profitability by product line, you end up pricing in the dark and discovering margin erosion only after it has already happened. Volume hides a lot of sins until it doesn't.

A bookkeeper records what happened. A fractional CFO tells you what it means and what to do next — and for manufacturing businesses, that judgment is the difference between scaling on purpose and scaling into a wall.

02  The work

What I own for manufacturing businesses.

The specific finance work that moves the needle in this industry — not a generic CFO checklist.

01 Cost accounting that holds

A costing model — standard or actual — that reflects how your shop really runs, so quoting and pricing decisions rest on numbers you can defend.

02 Standard vs. actual variance

Material, labour, and overhead variances analysed so you see where the plan and the floor diverge, and why.

03 Inventory & COGS control

Inventory valuation and cost of goods sold that are accurate enough to trust for pricing, lender reporting, and tax.

04 Margin by product line

Contribution and gross margin cut by product, line, and customer — the view that tells you what to push, fix, or fire.

05 Multi-entity consolidation

Clean consolidation across plants, divisions, or related entities, with intercompany handled properly.

03  Why me

Real operating experience in this world.

My manufacturing-adjacent experience is real and operational. As controller of a multi-entity industrial group, I owned the financials for an asphalt-production operation — a true cost-accounting, inventory, and plant-margin environment — alongside consolidations and capital planning across the wider group. I have lived the standard-vs-actual, COGS, and multi-entity work that production businesses run on.

/ The differentiator

Most fractional CFOs can’t fix the software feeding your books. I can.

Most fractional CFOs stop at the spreadsheet. I also fix the systems feeding it. Through Steel City CFO's financial-systems practice I make the data flowing from your operational tools into QuickBooks or Sage actually reliable, so your cost and margin reporting is built on a clean foundation instead of a monthly reconciliation scramble.

That second service line — Financial Systems Architecture — is what makes the CFO work stick in a plant: when the operational data is clean at the source, standard-vs-actual, inventory, and margin-by-line stop being a month-end reconstruction.

05  Experience

Who you’re actually working with.

/ Who you work with

Big Four-trained, operator-tested.

Steel City CFO is led by Kevin Cosgrove, whose background runs from high-growth SaaS to a $50M+ construction and industrial group — exactly the range of finance problems this industry throws off.

  • Series B/C SaaS — independent fractional CFO work for venture-backed software companies (US + Canada): 3-statement models, ARR forecasting, ASC 606, board reporting.
  • Controller, $50M+ group — heavy-civil construction, asphalt, and real estate: WIP, covenants, multi-entity consolidation.
  • Prior fractional CFO — startups and mid-market firms across Canada: forecasting, lender reporting, finance ops built from scratch.
  • Sell-side M&A exit — led the finance workstream on a venture-backed company’s acquisition by a strategic buyer.

Big Four (PwC) trained. Hamilton-based, serving clients across the Golden Horseshoe in person.

07  Pricing

Pricing built for manufacturing businesses.

A fixed-fee start, then a right-sized retainer.

Entry point
$750CAD · plus HST · fixed fee

The Diagnostic Audit. A focused review of your finances and the systems feeding them, with quantified findings and a clear recommendation. No retainer, no open meter — you get the map first.

See how the audit works
Ongoing
$1,500–$4,000per month · plus HST · fractional CFO

A right-sized monthly retainer once the foundation is clean: forecasting, reporting, lender and board support, and an operating rhythm you can run the business on. Scope and price scale to your size.

Book a Call
/ Next step

Need a fractional CFO for your manufacturing business?

Book a call. We’ll pinpoint where your numbers are costing you and whether the $750 + HST Diagnostic Audit is the right place to start.