Demo

QoE Analyst (Fractional)

Frak Finance
Chicago, IL Other
POSTED ON 6/10/2026
AVAILABLE BEFORE 12/5/2026

Who We Are

Frak Finance provides outsourced financial strategy, fractional CFO advisory, and financial operations support for growing businesses. We help owners, operators, and investors get clean, reliable financials so they can run and grow with confidence.


About the Role

We’re looking for a Forensic Accounting / QoE Analyst (Fractional) to support Quality of Earnings work and “what actually happened here?” financial investigations for lower middle-market businesses.

This is not bookkeeping. This is diligence-grade analysis: rebuilding EBITDA, validating add-backs, stress-testing working capital, and producing schedules that hold up in lender / sponsor conversations.


This role is fractional / project-based to start, with consistent work for the right fit.


Responsibilities

QoE / Forensic Execution


  • Normalize earnings (2-3 year lookback): EBITDA recast, add-back validation, one-time vs run-rate separation
  • Tie results back to source support (GL, bank activity, statements, invoices)
  • Revenue quality review: concentration, durability signals, cutoff anomalies, unusual trends
  • Expense integrity review: owner comp, personal/non-recurring items, classification issues
  • Working capital analysis: seasonality, AP/AR timing, inventory (if applicable), peg considerations
  • Support “proof of cash” when required (cash-to-EBITDA bridge / bank tie-outs)


Deliverables & Documentation

  • Build lender- and sponsor-ready schedules (clear logic, clean structure, no mystery numbers)
  • Maintain organized workpapers with a clear audit trail
  • Write concise executive summaries that explain what matters and what to do next


Collaboration

  • Work directly with Frak leadership to clarify scope, risks, and priorities
  • Join calls as needed to walk through findings with buyers/lenders
  • Flag missing data, inconsistencies, and scope risks early - with a recommended path forward


What We’re Looking For


Must-Haves

  • Experience in QoE, transaction diligence, audit, forensic accounting, or similar diligence-grade work
  • Advanced Excel skills (fast, accurate, traceable models; no hardcoding without explanation)
  • Strong judgment in messy data environments (you can still produce defensible outputs)
  • Professional, client-ready written communication

Nice-to-Haves

  • Lower middle-market exposure
  • Comfort working from imperfect books / incomplete records
  • Familiarity with lender diligence expectations and common QoE requests


Professional & Collaboration Expectations

  • Strong executive-level written and verbal communication skills
  • Detail-oriented, reliable, and self-directed execution style
  • Comfortable managing client interactions, including participating in or leading calls
  • Maintain appropriate availability and responsiveness during the engagement period


If you like getting into the details and turning imperfect data into defensible financial truth, we’d love to hear from you!

Hourly Wage Estimation for QoE Analyst (Fractional) in Chicago, IL
$37.00 to $45.00
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