Finance

With our financial expertise, we can act as your CFO. We start with assessing the current financial position of the business and what is required to execute on the business strategies; whether it be expansion, sustainability, exit or capital raising. We support with strategic analysis, strategy advice, forecasting, budgeting and best practice reporting to allow management to make informed decisions for the business’ future

Advisory Examples:

• CFO advice and business strategy
• Financial modelling (Business profitability, inventory forecasting, business acquisitions etc)
• Business analysis – revenue growth and/or cost savings
• Feasibility modelling

It is critical that your business establishes quality financial reporting that is accurate and timely. This allows you and your management team to make informed decisions on current performance and enables strategic CFO advice and guidance around business objectives and ways to achieve these.

Advisory Examples:

• Review of current reporting practices and templates and identifying areas for improvement
• Advice on accounting standards compliance in financial processes
• Establishing management reporting around specific areas of a business that are relevant to management
• Implementation and improvement of a formal month-end reporting process

Cash flow management and budgeting are key to any business’ operations, strategic planning and decision-making. Building and maintaining an accurate and  up-to-date cash flow model and forecast will allow you to confidently invest in growth at the right time.

Advisory Examples:

• Building a Cash flow model, reporting template and maintenance process
• Financial forecasting and budgeting
• Maintenance of the current business budget
• Functional budgeting and management
• Spend analysis

Our highly skilled team can provide end-to-end management of your finance function to ensure all aspects of accounting are performed to a high standard. This allows you and your management team to step back from the day-to-day and focus on growth. By helping you manage your finance function, you can feel confident that your financial reports are accurate, compliant and above-board.

Advisory Examples:

• Bank & credit card reconciliations 
• Payment runs on a fortnightly basis
• Review of purchases and invoices to ensure no abnormal items
• Management of accounts payable / liaising with suppliers when required
• Debtor management 
• Payroll management

Full finance function outsourcing can be a cost effective way of managing your businesses financial reporting needs. Our team brings years of experience across multiple industries allowing us to bring the best knowledge to your business. As we work with various clients we can bring the best approaches to your finance function across reporting, identification of improvements and cost savings etc. We have performed this across private and listed entities and understand all requirements expected by Directors.

Advisory Examples:

• CFO, FC and finance function ownership
• Board reporting 
• Financial reporting and management 
• ASX announcements and management of corporate secretarial matters

Building the right ecosystem of accounting, finance and operational software can transform the way you make decisions about your business. It can also result in huge time-savings and increase efficiency in your internal processes

Advisory Examples:

• Roll out of rostering systems i.e. Deputy and integration into Xero
• Implementation of receipt management software and the associated business best practices and policies
• POS integrations with inventory and accounting systems
• Inventory integration with accounting systems
• E-commerce integration with inventory and accounting systems