CFO COUNSEL is a financial management consultancy specialising in CFO services and cloud accounting. We help companies scale their businesses to new heights.
In order to analyze the benefits of outsourcing to an interim Chief Financial Officer (CFO), we must first understand what a CFO does. The responsibilities of the Chief Financial Officer can be broken down into three main categories. They are financial reporting and risk management; operational efficiency and strategy development.
An entrepreneur managing a growing business, needs a strategic partner to lead & manage the financial aspects of the business. CFO Counsel provides you with all the services of a CFO, except, the CFO won’t be a full time employee. Our CFO may not be present on-site all the time but will always be there when you need him/her.
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits and companies take time to recruit a new one . This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
There might be times when your company is handling a one time sophisticated projects : Mergers , acquisitions , complex bank refinancing… This can put huge pressure on your existing CFO . CFO Counsel will step in temporarily as a Special Purpose CFO’.
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