Fractional CFO · Controller · Bookkeeping

Finance leadership, without the full-time hire.

F&M Management provides hands-on CFO, controller, and accounting support for growing companies in real estate, hospitality & F&B, and retail & consumer goods — without the cost of a full-time hire.

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12+
Years in Finance Leadership
$250MM+
Real Estate Transactions Underwritten
3
Continents of Finance Ops Built
4+
Industries Served Concurrently

Finance and accounting, safely outsourced

From fully outsourced finance to added support for your in-house team, F&M Management scales with your business — bookkeeping through CFO‑level guidance.

Fractional CFO

Strategic financial leadership, board and investor reporting, capital planning, and direct partnership with ownership on pricing, growth, and long-range strategy.

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Outsourced Controller

Full-cycle accounting oversight — monthly close, reconciliations, internal controls, and audit-ready financial reporting, managed hands-on.

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Bookkeeping & Systems

Clean, reliable books and modern accounting infrastructure, including AP/AR process design.

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FP&A & Financial Modeling

Budgeting, variance analysis, three-statement modeling, and KPI dashboards that turn financial data into decisions.

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Investment Underwriting

Acquisition and development underwriting, pro forma modeling, sensitivity analysis, and due diligence support for real estate and operating deals.

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AI-Enabled Finance

Practical use of AI tools to modernize reporting, automate forecasting, and reduce the manual work behind month-end close.

Work with us however fits your business

Every engagement is built around where you are today, not a one‑size‑fits‑all package.

We work within your existing setup, or help you build a better one.

  • Work with your current accounting or ERP platform
  • Assess, select, and implement new systems
  • POS integration and daily reconciliation
  • Develop a methodical chart of accounts

Accurate books and reporting you can rely on, at any level of complexity.

  • Ongoing bookkeeping and account reconciliations
  • Accounts payable (AP) and accounts receivable (AR) management
  • Inventory reconciliation
  • Fixed asset and depreciation schedules
  • Multi-entity consolidation reporting

We coordinate the compliance work that keeps your business protected.

  • Work with your current CPA, or introduce one from our network
  • Sales and occupancy tax reporting
  • External audit preparation and support

Visibility into your cash position and your obligations to lenders.

  • Rolling cash flow forecasting and liquidity planning
  • Lender and loan covenant compliance monitoring

Start where you are, and scale the relationship as you need.

  • Cleanup of past financial statements
  • Augment your in-house team, or fully externalize

Deep experience across four core industries

Real estate development site

Real Estate Management & Development

Acquisition underwriting, pro forma modeling with defendable assumptions, and lender/investor financial reporting for development and value-add projects.

Boutique hotel lobby

Hospitality & Food & Beverage

Multi-property portfolio reporting, hotel USALI-compliant financial reporting, budgeting, and feasibility analysis for hotels, restaurants, and hospitality operators.

Retail store interior

Retail & Consumer Goods

Store-level profitability analysis, inventory-aware reporting, and finance operations across retail, wholesale, and e-commerce channels.

Professional office setting

Professional Services

Project-based revenue recognition, partner and practice-level profitability, and billable-hour and realization reporting for law firms, agencies, and consulting practices.

A track record across industries

A sample of recent engagement types — details anonymized to protect client confidentiality.

Hospitality Portfolio — 5 Hotels, ~$18MM Revenue

Led full-cycle accounting, monthly close, and budgeting for a five-hotel, ~250-room portfolio with F&B operations, including ongoing variance analysis and underwriting on two property acquisitions.

Multinational Retailer — 12 Stores + Wholesale + E-Commerce

Ran the entire U.S. financial department for an international retailer with wholesale and e-commerce operations — owning the monthly close, financial reporting, and store-level profitability and variance analysis that informed key decisions.

Real Estate Multifamily Office

Underwrote and closed a 284-unit multifamily development and two mixed-use acquisitions, then stayed on collaborating with property management for ongoing monthly financial reporting, budgeting, and lender-compliance oversight.

Finance Function Build — 3 Continents

Built a finance function from inception for a global hospitality company — standing up monthly close, variance analysis, and reporting processes, growing a 10-person team, and implementing its first ERP system.

Fabio Rabinovich

Fabio Rabinovich

Founder, F&M Management

I've spent 12+ years in finance leadership roles spanning investment banking, credit ratings, real estate, and hospitality — including building a finance function from scratch across three continents and underwriting over $250MM in real estate transactions.

Most recently, I served as an outsourced financial consultant and fractional CFO, running finance and accounting functions concurrently for clients across hospitality, retail, professional service firms, and manufacturing. I founded F&M Management to bring that same hands-on, strategic finance partnership to growing businesses in real estate, hospitality, and consumer goods.

A growing part of my work is helping clients integrate AI thoughtfully into their finance function — automating repetitive work so every strategic decision still runs through direct, hands-on human collaboration. I hold a B.S. in Business Administration with a concentration in Finance from Babson College.

English (Fluent) Español (Nativo) Italiano (Avanzato)

Fractional CFO & Outsourced Finance, Explained

Straight answers to the questions we hear most from growing businesses.

What is a fractional CFO?
A fractional CFO is an experienced finance executive who works with your business part-time or on retainer, providing the strategic financial leadership of a full-time CFO — board reporting, capital planning, forecasting — without the cost of a full-time hire.
When should I hire a fractional CFO?
Most businesses bring on a fractional CFO when they've outgrown what a bookkeeper can provide: when they need real forecasting and cash flow visibility, are raising capital or taking on debt, or are making decisions that need financial modeling behind them.
How much does a fractional CFO cost?
Fractional CFO engagements typically run $3,000–$15,000 per month depending on scope and hours, or $175–$450 per hour for project-based work — a fraction of a full-time CFO's salary and benefits.
Do I need a CFO or a Controller?
A Controller owns accurate, timely accounting — the monthly close, reconciliations, and financial reporting. A CFO owns strategy — forecasting, capital planning, and using that reporting to guide decisions. Many growing businesses need both, which is why fractional engagements often combine the two.
Is outsourcing bookkeeping worth it?
For most small and mid-sized businesses, yes — outsourced bookkeeping typically costs less than a part-time employee, avoids hiring and turnover risk, and ensures your books are kept to a professional standard that supports clean monthly reporting and tax preparation.
What industries benefit most from outsourced CFO services?
Real estate, hospitality, retail, and professional services firms — businesses with complex, multi-entity, or project-based financials that have outgrown basic bookkeeping but aren't yet ready for a full-time finance executive.

Let's talk about your finance function

Whether you need a fractional CFO, a controller to own the close, or a bookkeeping cleanup, F&M Management can start with exactly what you need.

Free 30 minutes. No sales pitch, no obligation.