Senior Finance Expertise.
Based in Ottawa. Serving Canada.
Canadian Cloud Accounting is a CPA-led fractional CFO firm based in the Ottawa area, serving Canadian businesses from $2M to $100M. Founded and led by Masha Zakharenkova, CPA, MBA — with 15+ years of senior finance leadership, a team of professional bookkeepers, and modern tools including AI.
The CPA behind Canadian Cloud Accounting.
When you engage Canadian Cloud Accounting, you work with me directly — not an account manager, not a junior associate who escalates to someone you never meet. That’s a deliberate choice about how this firm is built.
I’ve spent 15+ years as a Controller and CFO — healthcare, utilities, manufacturing, real estate, multi-entity groups — reporting to CEOs and boards. The work that mattered most was rarely complicated: a budget someone actually maintained, a forecast that looked forward instead of back, controls that caught problems while they were still small. Most businesses between $2M and $100M need exactly that and have no way to get it. A bookkeeper can’t provide it, and a full-time CFO costs more than the problem.
I’m a CPA who has sat in the operator’s chair: defended the numbers to a lender, closed a difficult year-end, told a CEO something they didn’t want to hear. I’d rather give you an honest read on what your business needs than sell you the largest engagement you’d agree to. My work follows CPA Canada’s financial reporting standards, and as a CPA I’m accountable to a professional body for its quality — a meaningful difference from an unlicensed consultant or a software vendor, particularly where AI is involved.
Why we built a fractional CFO firm for Canada.
Canadian Cloud Accounting was founded on a simple observation: most Canadian business owners between $2M and $100M are making major financial decisions without the right support. Their bookkeeper records transactions but can’t provide strategy. A full-time CFO is out of reach. Their accountant only shows up at tax time.
We exist to close that gap. As a fractional CFO firm serving Canada, we provide CPA-level financial leadership on a flexible basis — including budgeting, projections, financial analysis, and month and year-end catch-up and cleanup. Tailored to where your business is and where you want it to go.
The firm is based in Ottawa and serves clients throughout Eastern Ontario, across Ontario and Alberta, and Canada-wide — in person when needed, remote when efficient, always on your terms.
More than a fractional CFO — a full finance team behind you.
When Canadian businesses engage a fractional CFO, they often get one person. At Canadian Cloud Accounting, you get an entire team. Alongside your fractional CFO or Controller, you have access to professional bookkeepers who support your existing staff — handling backlogs, day-to-day transaction work, and ensuring your books are always current and accurate.
We handle the full financial stack — from bookkeeping and month/year-end catch-up all the way up to strategic CFO advisory — under one engagement. One firm, one point of contact.
Professional Bookkeeping Support
Our bookkeepers work directly alongside your team — handling transaction processing, reconciliations, and keeping your books current.
Month & Year-End Catch-Up & Cleanup
Months behind on your books? We bring in the resources to catch up quickly — with proper review and quality control throughout.
Seamless Escalation
Your bookkeeper and your Controller or CFO are part of the same team. Nothing falls through the cracks.
What makes us different.
We’re not a large firm with a rotating roster of junior staff. When you work with a fractional CFO at Canadian Cloud Accounting, you work with Masha directly — every time.
Senior-Level Only
You work directly with a CPA with 15+ years of senior finance leadership. No hand-offs to junior staff, no account managers.
Local When It Helps
Based in Ottawa, with in-person availability across Eastern Ontario. Remote and hybrid everywhere else, travel on request.
Fixed Monthly Pricing
No surprise invoices. No hourly billing. You know exactly what you’re paying each month.
No Lock-In Contracts
Month-to-month engagements available. We earn your business every month by delivering results.
Full Finance Stack
Bookkeeping support to CFO strategy — budgeting, projections, financial analysis, and year-end cleanup under one engagement.
Modern Tools & AI
QuickBooks Online and Xero, with AI-assisted automation configured and reviewed by a CPA rather than switched on and hoped for.