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
- Oversee the compilation of financial information into financial statements and ensure timely financial reporting
- Report financial results to members of management
- Oversee the formulation of the annual budget and prepare budget-to-actual analyses
- Integrate financial function into the operations of the business to aid in data-driven decision-making
- Oversee finance and accounting staff
Fractional CFO
Historical Accounting Clean-Up
- Clean-up historical accounting records
- Organize and streamline the Chart of Accounts
- Uplift accounting records from a cash basis to accrual basis of accounting
- Ensure key business processes are accounted for properly
- Prepare and compile accurate financial statements providing business owners with more reliable financial information leading to better insights
- Understand current company accounting processes & procedures
- Develop processes & procedures and implement consistently and uniformly across an entire organization
- Ensure appropriate segregation of duties are being adhered to in key accounting areas
- Leverage accounting software to help businesses track data that is key to operations
- Integrate operational processes into the accounting function to produce a set of reliable financials
PROCESSES & PROCEDURES
ACCOUNTING INTEGRATIONS
- Develop and execute a plan to achieve a smooth transition post-acquisition and maintain business continuity
- Integrate key aspects of the buyer’s and seller’s businesses including bank accounts, credit cards, and payroll functions
- Integrate accounting software and systems post-acquisition including general ledger, payroll, invoicing, and billing systems
- Evaluate short-term and long-term staffing requirements and supplement the required needs on an interim basis
- Perform reconciliations of company bank and credit card accounts and other key accounts
- Categorize transactions and prepare necessary journal entries to post to the general ledger
- Manage receivables and payables
- Perform month-end close procedures to ensure a company's monthly financial statements are accurate and reliable
- Prepare monthly financial statements and perform key analyses
BOOKKEEPING
FINANCIAL REPORTING
- Develop an organized set of financials with accurate and reliable information
- Develop and implement internal processes to update financial reporting to ensure consistent and accurate reporting
- Develop and present consistent financial reporting and processes across an entire organization
- Provide periodic reporting of KPI’s
- Create reliable financial reporting packages to be presented to lenders and outside investors
- Reduce the time required to complete month-end close
