CFO Services
We provide CFO services to private equity-backed companies and founder-owned businesses that need additional capabilities to scale and reach their full potential.
- Provide strategic and financial guidance
- Prepare organized and timely financial reporting
- Implement proper processes and procedures
- Integrate financial function into the operations of the business to allow data-driven decisions
- Oversee finance and accounting staff
Fractional CFO
Historical Accounting Clean Up
- Clean up historical accounting records
- Organize the Chart of Accounts
- Conversions from cash basis to accrual basis accounting
- Ensure key accounting components are being properly accounted for (i.e. inventory, revenue recognition, fixed assets)
- Prepare accurate financial statements that will provide better insights and give business owners more confidence in their numbers
- Assess current accounting processes and policies
- Develop uniform processes that can be implemented across the entire organization
- Ensure internal controls are in place
- Leverage software to help businesses track data faster and more efficiently
- Integrate operational processes into the accounting function to produce accurate financials
PROCESSES & PROCEDURES
FINANCIAL REPORTING
- Develop organized and consistent financial reporting
- Develop proper processes to update financial reports to ensure consistency and accuracy
- Consistent reporting format and processes across all entities and divisions
- Weekly and monthly KPI reporting
- Reporting for lenders and outside investors
- Reconcile bank and credit card accounts
- Categorize daily transactions and prepare necessary journal entries
- Manage Accounts Receivables and Accounts Payables
- Perform Month-End Close
- Prepare monthly financial statements and key analyses