We strive to formulate and deliver unmatched business solutions based on the key aspects in the industry which you are operating based on the Long-Term business Strategy.
The CFO aids the CEO and Managing Director in formulating an overall business strategy based on the Long term objectives of the company. This would anywhere between 6-12 months.
Based on the Long Term business Strategy, smaller, Annual Business plans need to be prepared by the team under the guidance of the vCFO as to set short term goals.
Based on the Annual Business plan, after taking into account the inputs from all the operational departments, an Annual Budget needs to be prepared by the finance team and reviewed by the vCFO so as to give a financial target to individual departments.
The Accounting and Finance HoD report to the CFO. Statements of Historical Cash flow and Projected Cash flow as prepared by the finance team is to be analysed and ensuring that there are steps undertaken by the CFO to ensure the availability of necessary funds.
Based on both the Strategic and Annual business plans as considered together with the Annual Budget, Reports are prepared by the CFO in order to provide the CEO, Managing Director and all other members of the board with a concise yet informative financial summary of the business operations.
Organisation needs a system of internal control to ensure proper accountability and encourage sound business practices. A sound internal control ensures maximum business efficiency and reliability of all financial reports generated in the organisation.
Working with the finance team to ensure sufficient cash flow at the end of the month and also to create a reporting structure to manage the short falls of funds and accordingly informing the management and executing it.
We will ensure that the company has an app risk management plan and procedure in place which include app of app consultants independent internal audit/external audit, periodic verification of inventory, cash management procedures and plans are in place.
Working as bridge between the sales team and the finance team which will help the finance team to meet the cash flow targets and which will also help the finance and the sales team to be on the same page.
Understanding the mission and vision statement of the company and assist in crafting summary dashboard which will in-turn help the management to execute their strategy and accomplish targets.