SPECIAL ASSIGNMENT CFO

Owing to the high cost of employing a full time CFO, many MSMEs  are in fact run without a full time CFO. The owners along with a full time head of Accounts  are able to complete most of the tasks . In our experience this is true for many organisations and we often see a reluctance to bring in a full time CFO simple because it is seen as not cost effective or sometimes the right candidate may not be available also. But many a times such companies struggle in areas where the existing head of accounts do not have a prior experience and expertise. Consider the following scenarios:-

• Your company is having large debt on the books and has to deal with credit rating agencies or credit department of the lead bankers. The existing accounts team may not be experienced to address the queries of the credit rating agencies or banks .

• Your company is facing a challenge in understanding the cost and profitability of the company with rising input costs and customer pressure to reduce prices and the accounting team is not able to present the correct perspective

• Your company may need to get is valuation done to explain to prospective investors 

• Your company may need to do a due dillgence for purchasing another company or business

• Your company is facing scrutiny of GST or Income tax authorities 

• Your company wants to enter into a partnership or joint venture (JV) with another company and requires feasibility study and preparation of business plan, JV agreements and various formality for successful start to a JV.

The above list is a illustrative list where a  tailor made CFO service can be availed from us to for the "Special assignment " instead of employing a full time CFO. The company can benefit immensely without burdening itself with a full time employee costs