Entrepreneur
May 19, 2023

From IT to Finance: A Journey of Career Transformation

In this blog post, we will delve into the fascinating career journey of Javier, who started in the field of IT and transitioned to finance. We'll explore his motivations, challenges, and the impact of his academic background on his current role as a fractional CFO.

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From IT to Finance: A Journey of Career Transformation
Entrepreneur
May 19, 2023

From IT to Finance: A Journey of Career Transformation

In this blog post, we will delve into the fascinating career journey of Javier, who started in the field of IT and transitioned to finance. We'll explore his motivations, challenges, and the impact of his academic background on his current role as a fractional CFO.

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Alex Irigoyen
Co-founder & Chief Executive Officer
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Javier's career has been nothing short of diverse and exciting. With a background in telecommunication engineering, he embarked on his professional journey in the IT industry, working on various projects for nearly a decade. However, he soon realized that his true passion lay beyond sales and IT, prompting him to explore new avenues in finance.

During his time in IT, Javier had the opportunity to be involved in diverse IT sales and economic projects across 23 countries. These experiences allowed him to identify his strengths in financial planning and cost analysis. Recognizing his inclination towards finance, Javier pursued an MBA at a prestigious business school in Madrid while simultaneously working on his own startup.

Transitioning from one career path to another is often challenging, but Javier's determination and adaptability helped him navigate this complex journey. His move to a technical company specializing in 5G and 5D technologies further solidified his foothold in both sales and finance. Over the next five years, he played a pivotal role in expanding the company's brand across various countries, including the USA, Japan, and South Korea.

As Javier progressed, he continuously sought opportunities to enhance his finance skills. He pursued courses and training in different business schools, gradually building a comprehensive understanding of accounting and financial management. His technical engineering background proved to be a valuable asset, enabling him to approach numbers and business from a unique perspective.

The advent of the COVID-19 pandemic presented a significant turning point in Javier's career. He found himself working in the booming e-commerce pharma industry, where he witnessed exponential growth. Despite the challenges posed by the pandemic, he embraced the opportunity to contribute to the company's financial stability and growth. Balancing the responsibilities of a CFO in a rapidly expanding industry with his personal life was no easy task, but Javier's meticulous organization and effective time management helped him maintain equilibrium.

However, the time came when Javier felt the need to embark on a new entrepreneurial venture. He decided to start his own fractional CFO firm, offering his expertise to small and medium-sized businesses. His target clients ranged from startups to more established companies with annual revenues between 1 and 50 million. By providing fractional CFO services, Javier aimed to fill the gap for businesses that lacked a dedicated CFO but required financial guidance and planning.

Javier's academic pursuits also played a vital role in shaping his career. Currently pursuing a Ph.D. in finance, he uses his studies as a hobby, dedicating weekends to enriching his knowledge. His research focuses on the interplay between technical engineering and accounting, particularly regarding the classification of marketing expenses as capex or opex. This interdisciplinary approach allows Javier to blend his technical and financial expertise to develop innovative financial strategies.

The decision to transition from being a CFO in an established company to starting his own venture was not easy for Javier. However, he recognized the opportune moment to explore new business models and fill a niche in the market. His fractional CFO firm caters to companies seeking financial guidance, budgeting, and forecasting, empowering them to make informed decisions about investments, cash flow management, and growth strategies.

Javier's commitment to providing value to his clients extends beyond financial expertise. He emphasizes the importance of digital transformation and the implementation of cutting-edge technologies to streamline financial processes. By leveraging tools such as ERPs, digital documentation systems, and analytics platforms like Power BI, Javier aims to enhance his clients' financial operations, drive efficiency, and

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