Fiscallion

I started Fiscallion as a side-project. But it turns out, help from an ex-FP&A with 9+ years training as Accounting Lead, FP&A and BI Manager is something a lot of folks need! Growing this business is now my full-time mission!

—

Fiscallion is the solution for when it feels like your business has gone off the rails.

They say you fake it until you make it as a founder. But for some founders, it might feel like you’re faking it a little too often.

Making mistakes is par for the course when you’re just starting out.

But what happens once you have a staff to pay? Are you willing to bet everything you’ve built on winging it? In this hostile financial environment, the stakes are even higher!

My clients don’t worry about faking anything.

They have an experienced expert on staff who clears blockers, sets a clear path, connects them to the most trusted tech and partners, and ensures everything is set up to scale according to best practices.

Want proof? 

Only 18% of first-time founders succeed. Since Fiscallion's inception, 75% of paying clients have closed funding or become more profitable.

For a stage where most VC firms and accelerators are satisfied with 1/10 businesses making it, 8/10 is unprecedented. I was honestly a little shocked to discover this stat...

The numbers speak for themselves: This works.

Fractional CFO, FP&A Advisor, Speaker & Author

Zumtobel Lighting

Job scope:

🔘 Defining and implementing the most cutting-edge and the most standardized financial processes including planning, forecasts and month-end closing
🔘 Financial Processes Automation (focus - SAP)
🔘 Improving ERP systems in liaison with IT and Corporate Finance & Controlling
🔘 Training and support to Key Users
🔘 Creating monthly reports in SAC
🔘 Defining SAC interfaces and standards 
🔘 Maintenance and development of KPI's in SAC
🔘 Creation of User Dashboard Playbooks
🔘 Member of S4/HANA Implementation Team
🔘 SAP Key User

Finance Project Manager

ABBYY

Results:

✔️ Conducted monthly, quarterly, and annual incentive calculations for sales using Power BI reports, resulting in a 16% increase in average client revenue
✔️Analyzed client portfolios using Salesforce, identified lower-performing accounts, and optimized sales pipeline to reduce costs by 30%
✔️ Streamlined monthly SaaS, Revenue, COGS, and OPEX related KPI reports, improving report accuracy and accessibility for leadership decision-making.


🔘Successfully managed financial models for a leading B2B SaaS company, including forecasting, budgeting, and overall financial planning.
🔘Led monthly and quarterly management reporting, effectively analyzing operational and financial results to distill key trends and assess business risks.
🔘Spearheaded process improvements across the organization, leveraging FP&A processes and tools for continuous improvement and automation opportunities.
🔘Collaborated with IT to enhance forecasting processes through automation and system optimization, ensuring financial data accuracy.
🔘Executed ad hoc financial modeling for special projects, driving detailed financial scenario planning.
🔘Coordinated with business applications and IT teams to systematically improve processes.
🔘Provided vital support to the accounting team in close procedures, ensuring financial accuracy and compliance.

FP&A and BI Manager

Coca-Cola Hellenic Bottling Company

Results:

✔️ Partnered with operational departments to support Profit & Loss statement, Working Capital Management, and Free Cash Flow Analysis through the preparation of business plans.
✔️ Improved monthly management accounts production time by 60%, reducing production time from five days to two, through the development of new and complex spreadsheets.
✔️ Delivered timely, accurate financial analysis and forecasts, resulting in $1M+ reductions in operating expenses annually.

Job Scope:

🔘 Working for a FMCG company (over 1000 employees) in Serbia with $600M turnover – producer of Coca Cola, Sprite, Fanta and dozen of other sparkling/non-sparkling beverages
🔘 Prepared various financial reports for the senior management
🔘 Partnered with specific operational departments assigned to FP&A team and preparing business plans in support of P&L incl. OPEX, WC and FCF
🔘 Performed yearly budgeting process which included definition and tracking of the profit improvement initiatives
🔘 Analyzed departmental expenditure against budget to determine reasons for variances and identifying cost saving opportunities
🔘 Monitored WC & FCF are in line with group guidelines and achieving maximum targets
🔘 Performed analysis of operation unit performance against budgets, forecast and industry benchmarks
🔘 Prepared variance explanations for finance reporting section and inputs for senior management presentations to the board and executive committee
🔘 Initiated corrective actions regarding discretionary spend with operational departments and monitoring implementation to report any non-compliance to senior management
🔘 Led cross-functional project team on a Cost Center Structure Optimization Project and delivered it successfully

Senior Financial Planning & Analysis Analyst

Milsped

Results:

✔️ Managed a team of three accountants and led the Accounting transformation program
✔️ Enhanced accounting systems and processes, and streamlined A/P & A/R.

Job Scope:

🔘 Working for a Logistics company (over 2000 employees) in Serbia with $100M turnover – service provider of all kinds of transports, distribution, warehousing and customs
🔘 Tracking Accounts Receivables and Accounts Payables
🔘 Delegating tasks to team members and working closely with CFO
🔘 Managing relationship with third parties: banks, insurance agencies, auditors, lessors, customers and suppliers

Accounting Lead

Ministry of Defence of the Republic of Serbia

Results:

✔️ Led a team of bookkeepers and cashiers
✔️ Managed Quarterly & Month-End Reporting, analyzing Balance Sheet & Income Statement.

Junior Finance Analyst

Unleashing Full Potential of Your SaaS Company | Fractional FP&A and BI Data Science Consultant | Tech-Savvy Finance Leader | Data Ninja | Reporting Analytics FP&A | SaaS, FMCG & Logistics | Finance - Power BI - Tableau

If you're an ambitious founder, you probably:

→ Want to improve financial models

→ Struggle with optimizing your finance tech stack

→ Lack the time to enhance your financial strategies

→ Want to implement new financial software but don’t know how

→ Aim to prepare for successful fundraising rounds but need guidance

→ Seek to optimize your financial reporting but don’t know where to start

You might relate to all 7 of these points.

Or, You might just be struggling with 1.

Why does that matter?

Well, having a robust financial strategy is essential for growth.

And there's still a massive opportunity to maximize your revenue through specialized financial practices.

Don't believe me?

Here are 5 things that my employers have said my expertise helped them do:

1. To create awareness for potential investors and partners

2. To attract investment by optimizing their financial structures

3. To communicate their growth potential better to stakeholders

4. To streamline operations by implementing various financial software

5. To stand out from competitors through financial insights and strategy

Implementing these strategies can boost your revenue, growth, and financial performance.
But you don't have time for that…

You're too busy doing other stuff like,

I don't know, scaling your company.

So what happens now?
I'll take over your financial strategy for you.

I have helped dozens of companies in:

― Preparing them for fundraising rounds,
― Optimizing their finance tech stacks,
― Enhancing their financial models,
― And more.

And no, I don't mean providing:

→ Generic financial advice
→ One-size-fits-all strategies
→ Pointless number crunching

I mean ACTUAL tailored financial solutions.

Created by a real fractional CFO.

Who leverages industry insights, proven frameworks, and your company's unique needs to drive real growth.

So, which path you'll want to go:

A - Sit and do nothing, leaving your financial strategies to chance.

Or

B - Sit and do nothing while I optimize your financial strategy, prepare you for fundraising, and help you skyrocket your revenue.

I know you're shouting B inside you.

Let's map out strategies to streamline your financial operations and identify new avenues for growth and investment.

📌 Drop me a DM "Growth" or
📌 Click the link in my Featured Section

90% of finance teams still think AI means “just ChatGPT.”

So why is that your only priority?

AI tools already determine speed, accuracy, and cost savings in finance.

Yet most businesses ignore Pigment, Ramp, and Causal...

That's why I mapped this AI stack for finance pros to stay ahead.

Steal it to maximize leverage 👇

🔎 Generative AI
↳ Summarises reports + policies.

Use cases:
• Policy documentation
• Answering finance queries
• Drafting accounting memos
  
KPIs:
• Reduced analyst workload
• Hours saved per report
• Faster reporting cycles
  
📊 AI for Forecasting
↳ Predicts revenue, cash flow, and costs.

Use cases:
• Scenario planning
• Expansion modeling
• Real-time cash tracking
  
KPIs:
• Forecast accuracy %
• Variance vs. actuals
• Cash visibility
  
📈 AI for FP&A
↳ Scenario + driver-based models.

Use cases:
• Budget vs. actuals
• Sensitivity analysis
• Driver-based forecasting
  
KPIs:
• Accuracy of NRR / CAC
• Forecast cycle speed
• Scenario coverage
  
💳 AP & AR Automation
↳ Invoice capture + payments.

Use cases:
• Vendor payments
• Bank reconciliation
• Automated reminders
  
KPIs:
• DSO (days sales outstanding)
• Payment errors reduced
• Collections speed
  
💼 Expense Management
↳ Policy enforcement + parsing.

Use cases:
• Fraud prevention
• Receipt scanning
• Category automation
  
KPIs:
• Reimbursement time
• Expense accuracy
• Policy adherence

Adopting AI isn’t optional.
But it doesn’t have to be overwhelming.

That’s why I'm helping SaaS founders & operators.

Book a call with me to check it out: https://lnkd.in/dS3HXWB7

PS. Are you already using AI in your finance stack?

Alex Stojanovic, MSc.

Helping tech founders make smarter financial decisions (and scale like Usercentrics to €100M ARR) | Fractional CFO & FP&A Advisor

I should be selling this.

But I’m handing over a B2B SaaS financial model for free.

This is not an ordinary template. It bundles:

→ Actuals (Actual metrics & KPI’s)
→ Dashboard (Overall performance)
→ Actuals vs Budget (Track gaps between forecast & reality)
→ Budget (Sales funnel, customer acquisition, headcount & cash flow)
→ Churn & Expansion Assumptions (Model upsell, downsell, retention)

And now, I’m giving it away.

It will help you:

→ Understand what’s driving growth (or blocking it)
→ Save hours by ditching messy spreadsheets
→ Track investor-ready metrics in one place
→ Align spend with growth and hiring plans
→ See your runway and burn with clarity

Want instant access?

💬 Comment “MODEL” below
📩 Connect + DM me

I’ll send you the direct link.

Stop wasting thousands of hours on spreadsheets.

Start modelling it the right way.

Drop “MODEL” below to claim yours.

♻️ Repost if you find it useful!

Here are 7 Excel "sins" everyone should avoid.

Ask any financial analyst → I won’t forgive these!

1. Relying only on VLOOKUP when there is XLOOKUP
2. Forgetting MATCH for relative positions
3. Ignoring INDEX for dynamic references
4. Not using XLOOKUP’s wildcard feature
5. Not understanding OFFSET for ranges
6. Underusing CHOOSE for conditions
7. Overcomplicating simple LOOKUPs

7 ways to do it right:

1. Combine INDEX + MATCH for advanced searches
2. Leverage XLOOKUP wildcards for patterns
3. Learn MATCH for position-based lookups
4. CHOOSE to build decision-based logic
5. Use OFFSET for dynamic ranges
6. Simplify with LOOKUP for arrays
7. Master XLOOKUP for flexibility

Bonus: Combine these for next-level reports.

Hope you see the power of these tools now!
(Repost this further ♻️)

P.S. Tag a colleague who needs this reminder!

How I’d create a cash flow forecast in under 20 minutes:  

(🆓 Free cash flow template included)  

♻️ Repost this to get the full walkthrough video too  

1. Understand your cash flow basics.  

• Start with your current cash balance.
• Include all expenses (e.g., rent, payroll).
• List all income sources (e.g., sales, loans).
• Factor in one-off payments like taxes or equipment purchases.

Your forecast should give you a clear view of how cash moves in and out of your business.  

2. Use a simple structure for forecasting.  

• List all income and expenses for the month.
• Identify key cash flow drivers like payment terms or seasonality.
• Add balance sheet items like loan repayments or owner’s draws.
• Project cash flow for the next 3-12 months using realistic assumptions.

This step ensures you’re not missing critical cash movements, keeping your forecast accurate and actionable.  

3. Build the forecast using my free template.  

Start with your beginning cash balance.
• Adjust projections as new data comes in.
• Use built-in formulas to ensure totals and trends are clear.
• Input income and expenses as absolute values (no negatives).

You can also add “what-if” scenarios:  
• Can you afford to hire a new employee next quarter?
• What happens if revenue drops by 20%?

4. Make informed business decisions.  

With a cash flow forecast, you can:  
• Adjust spending to stay within your means.
• Plan for investments with confidence.
• Spot potential cash shortages early.

Example: “If my forecast shows negative cash flow in September, I can reduce expenses in July to avoid issues.”  

Go implement this now and take control of your cash flow!

PS: Reviewing cash flow forecasts for the next hour - drop yours below for feedback!

PPS… Grab your free template at: https://lnkd.in/d7xWergy

Fractional CFO vs Full-Time CFO: Tell me which one is better?

👉 Free Finance Systems Playbook: https://fiscallion.io

I’ve worked with both fractional and full-time CFO setups across dozens of tech and SaaS companies.
And the truth is — they serve two completely different stages of growth.

Here I’m breaking down all the main differences.

I created this infographic to help founders, finance leaders, and operators choose smarter.

Because let’s be honest: both models are powerful, but they shine in different contexts.

Here’s the breakdown 👇

Best suited for

1. Fractional CFO → Startups and scale-ups focused on growth, fundraising, or profitability.
2. Full-Time CFO → Mature companies with steady revenues and complex finance teams.

Core strength

1. Fractional CFO → Strategic advisory, modeling, and capital efficiency.
2. Full-Time CFO → Deep operational control, leadership, and compliance oversight.

Scope & engagement

1. Fractional CFO → Works part-time (1–3 days/week) or project-based via retainer.
2. Full-Time CFO → 5-day executive role managing finance, FP&A, and treasury.

Included in base plan

1. Fractional CFO → Strategic FP&A, budgets, 3-statement models, investor decks.
2. Full-Time CFO → Full responsibility for accounting, forecasting, and M&A.

Higher-tier value

1. Fractional CFO → Startup to Growth ($3–20k/mo): Reporting, forecasting, dashboards.
2. Full-Time CFO → Mid-Market to Public ($150k–$400k+): Governance, IR, compliance.

Data & workflow

1. Fractional CFO → Cloud tools (Xero, Notion, GSheets, Power BI) with async model.
2. Full-Time CFO → ERP systems (SAP, Oracle, Netsuite) with in-house cycles.

Security & compliance

1. Fractional CFO → Client retains ownership, SOC2-compliant cloud access.
2. Full-Time CFO → Company-controlled infrastructure and audit readiness.

So, how should companies choose?

1. Fast-growing startups → Fractional CFOs bring clarity and speed.
2. Established enterprises → Full-Time CFOs bring control and continuity.

Scaling tech firms → Start fractional, evolve to full-time when complexity demands it.

Fractional CFO gives you agility.
Full-Time CFO gives you control.

👉 Free Finance Systems Playbook: https://fiscallion.io

To help you build scalable finance infrastructure from day one.

You’ll learn in the free playbook:
Day 1: The 3 biggest finance gaps in startups (and how to fix them)
Day 2: How to automate financial reporting in hours, not months
Day 3: Fractional CFO tech stack setup
Day 4: Scaling finance operations sustainably

💬 Which one fits your business stage right now — Fractional or Full-Time CFO?

🔁 Repost to help more founders make the right choice.

Manual processes are making finance teams weaker.

(while feeling productive)

That's the biggest risk of your career.

Think about it:

Every analyst with Excel thinks they're strategic.
Every CFO with reports thinks they're adding value.
Every controller with spreadsheets thinks they're automated.

The bar for "efficient" has never been lower.

Which means the value of being truly efficient has never been higher.

While everyone's racing to look busy with manual work, the teams who ARE automated are cleaning up.

Scaling faster with the same headcount.
They're saving 12+ hours a month.
Cutting $10K+ in wasted costs.

Because when everyone has the same tools, the only differentiator is whether you remove friction or create it.

In my free Finance Productivity Assessment, I’ll show you exactly how to get on the winning side of this divide.

Want the complete assessment?

💬 Comment “Finance” below
📩 Connect + DM me

I’ll send you the direct link.

The efficient teams are winning.
The busy teams are losing.
Choose wisely.

Drop “Finance” below to get it.

P.S. Want to see how I helped my clients eliminate 70% of manual finance tasks? Check out here → https://lnkd.in/gK2Kcz4K

♻️ Repost if you found this useful!

Fractional CFO & FP&A Advisor | Helping tech founders unlock strategic growth through financial clarity, one spreadsheet (and dad joke) at a time.

I should be selling this.

But I’m giving away a full ARR Snowball Financial Model for free.

This isn’t just another spreadsheet. It includes:

→ Visualized topline plan and model cover sheet
→ Dynamic ARR, Billings & Collections waterfalls
→ Linked key assumption drivers tied to CRM data
→ Cash flow logic across revenue, billings & collections
→ Ready-to-use for SaaS founders, CFOs & FP&A teams
→ Automated forecast for new bookings, upgrades & churn

And yep, I’m handing it over.

It will help you:

→ Align bookings, billings & cash collections seamlessly
→ Stress-test growth assumptions before raising capital
→ Spot cash flow gaps early and plan funding runway
→ Build investor-ready models without hiring a CFO
→ Forecast ARR, churn & upgrades with precision

Want instant access?

💬 Comment “SNOWBALL” below
📩 Connect + DM me

I’ll send you the direct link.

Stop using static spreadsheets that don’t scale.

Start running your SaaS forecasts like a real finance team.

Drop “SNOWBALL” below to get it.

♻️ Repost if you find it useful!

I reviewed a Series B pitch deck.

Clean slides.
Strong traction.
Impressive team.

Revenue growth looked phenomenal at first glance.

Then I dug into the unit economics.

We spent three hours on a call.

Most VCs don't have that patience:

LTV model assumed zero churn acceleration
CAC calculation excluded 60% of sales costs
Gross margin ignored customer success expenses

But the companies with pristine unit economics?

They're scaling predictably.
They're getting term sheets.
They're building sustainable businesses.

What separates winners from losers:

Measure gross margin by product line and customer segment.
Calculate true blended CAC including all go-to-market spend.
Track cohort-based LTV with realistic churn assumptions.

90% of pitch decks have broken unit economics.
8% have decent models with minor issues.
2% have unit economics clean.
That 2% gets funded.

Unit economics aren't just metrics for fundraising.

They're the foundation of every strategic decision your company makes.

Get them wrong and you'll optimize for the wrong outcomes.
Get them right and every decision becomes data-driven and defensible.

The brutal truth about startup unit economics:

Your CAC is probably 34% higher than you think.
Your LTV is probably 45% lower than you model
Your gross margin is hiding operational costs.

Most founders discover this during due diligence.

By then it's too late to fix without delaying the round.

Start measuring unit economics properly now, or explain broken models to investors later.

PS. Join 5k founders at: thestartupfinance.com

The messy data room era is dying.

And I couldn’t be happier about it.

For years, founders were told:

“Throw in every file you have.”
“Investors will figure it out.”
“Just upload the basics.”

Meanwhile, the market started rewarding the exact opposite.

The fastest-funded companies I know aren’t messy.

They’re prepared.

They package financial models AND legal docs.
They show KPIs AND customer analysis.
They combine vision AND execution proof.

That tight mix of documents you have?

That’s not extra.
That’s your competitive advantage.

I’m a fractional CFO who builds fundraising models.
Not just finance.
Not just strategy.

Both.

That combination is worth millions in funding.

Because investors don’t need another cluttered Dropbox.

They need clarity they can trust.

Your exec summary.
Your market analysis.
Your proactive due diligence prep.

That’s your moat.

Stop apologizing for being too “detailed.”

Start packaging it as your superpower.

The future belongs to founders who can accelerate funding rounds.

Ready to turn your messy folder into a deal-closing machine?

Here’s how I help clients cut fundraising timelines from 4 months to 6 weeks: https://lnkd.in/dK5YmVn7

Be prepared.

Apologize to no one.

No alternative text description for this image

Taplio

Aleksandar Stojanović, MSc.'s Linkedin Analytics

Aleksandar Stojanović, MSc.

Performance ScoreAleksandar Stojanović, MSc.'s LinkedIn Performance

What is Aleksandar talking about?

Who is engaging with Aleksandar

Aleksandar Stojanović, MSc.'s Best Posts (last 30 days)

Ready to grow your LinkedIn presence?