Virtual CFO Service
For mid and small size business organisations, it is a challenge to hire and retain an experienced and senior profile to look after finance, compliances and financial MIS on a timely basis at periodic intervals for effective decision making and controls. With the introduction of the concept of Virtual CFO, small, mid size businesses as well as large size family run businesses can benefit to avail the services of experienced, qualified and senior financial team. Being an external service provider, there is no risk or hassle of retention of a senior team for the long term.
We provide following services as part of Virtual CFO Service:
- Representation on Board of the Company as well as before the external agencies and other stakeholders including bankers, customers and vendors
- On-going support, review, checking and approval of financial transactions, MIS and compliances
- Vetting of legal agreements and contracts
- Review of budgets, controls, costing and financial MIS on a regular basis so as to identify areas of improvement and take prompt corrective actions
- Represent the management before stakeholders in high stake matters while negotiating with the customers, vendors and banks
- Serve as mentor and guide for the in-house accounts and compliance team
- Active engagement in strategic financial decision making, planning and execution