Virtual
CFO Services

Many businesses find themselves today operating in environments characterized by frequently changing laws constantly changing market dynamics. In such environments, obtaining reliable and proactive information is a priority for decision making. And planning is imperative.

Value Proposition


Challenges

  • Not having access to a CFO’s level of financial expertise in the management team is holding the company back.
  • Have a financial staff that is operational, but not strategic, & need some high-level strategic planning insight and direction.
  • Unable to hire a full-time CFO or cant afford one.
  • Current financial staff and key managers suffer from “tunnel vision”
  • Lack financial management expert in the management team
  • Current team does not have bandwidth or project-specific expertise


Benefits

  • Working on the business rather than in the business:
    Get a outside-in perspective, an independent review.
  • Integrated approach based upon your vision for the company: Develop and support effective and efficient financial operations to encompass both current operational issues & strategic planning.
  • Flexible and cost effective: Advanced expertise while limiting the cost and commitment of additional senior staff.
  • Bring in an objective outsider who can offer a fresh perspective on business and financial challenges and opportunities.
  • Add a management partner: For intensive interaction, obtaining sound and hands-on financial management advise in decision making.
  • Assistance during challenging times: Get vital assistance during business changes, develop strategic options, perform crisis management, negotiate with lenders, and lead turnarounds

Service Offerings

Based on the roles to be performed, we can provide following services

Our Part Time CFOs service provides businesses with a tremendous amount of flexibility compared to the time and expense required to hire a full-time CFO. Areas of responsibility comprise of:

  • Accounting System Design
  • Budgets & Financial Plans
  • Corporate Governance & Compliance
  • MIS for Investors & Management
  • Pricing Strategy
  • Audit Preparation & Annual Audit
  • Cash Flow Management
  • Debt Strategy
  • Due Diligence Preparation
  • Policies, Procedures & Internal Control

In this scenario, the interim chief financial officer may be hired to replace a departing CFO until a permanent CFO is hired. The interim CFO becomes a member of the management team and provides high-level financial expertise and guidance by taking up the responsibilities of the departing CFO.

This is relevant when support is required on a pre-defined financial, short term assignment. These may include:

  • Preparation for or integration of a completed merger or acquisition.
  • Specific financial project that requires focused engagement, but for which existing staff doesn’t have time or resources to devote to it.
  • Upgrading or improvement of existing procedures and/or systems.
  • Professionalizing and updating of planning, accounting and administrative systems and procedures to avoid unpleasant “surprises.”
  • Assistance in ensuring that policies and internal controls currently in place are in compliance with laws.