Office of the CFO

The pressures and demands on CFOs are only increasing. More and more is being asked of the office of the CFO including the need to innovate, drive business performance and navigate regulatory matters. All this while also dealing with an amazingly challenging talent environment. Our team brings deep operational finance and accounting expertise, resources and technologies to help any office of the CFO navigate these challenges.

IPOs, SPACS and other capital market transactions are complex transformations and require a tremendous amount of preparation. They are also an unbelievable burden on the existing management team. The process of assessing public company readiness, executing the organizational changes necessary, completing a public company audit and finalizing a listing with the SEC can be a journey of months to even years. Our team advises along that journey from assessing readiness to the finalization of the SEC listing and on through assisting with “being public” once the IPO is effective.

Audit completion can be a challenge for a number of reasons: first time Big 4 audit, challenging data environments, underperforming/understaffed teams, significant accounting errors, complex technical accounting matters. We are consistently referred into challenging audit situations by the auditors themselves. Our team of former audit partners, senior managers and CFO’s can step in to work through any audit issues and drive the process to completion.

FP&A Advisory team conducts quantitative and qualitative analysis to evaluate business performance, map out future goals and plans, and advise the CFO and potentially the new ownership group on how the company can improve its growth potential. This set of activities that support the organization’s financial health, include monthly reporting package creation, cost planning and budgeting, performance reporting, forecasting and bespoke modeling.

There are many technical accounting matters that require an in-depth knowledge of complicated accounting literature. We bring practical solutions to complex accounting matters.

Restatements can take the form of simply cleaning up historical accounting matters all the way to a formal SEC investigation. Our team has a unique capability to investigate and unravel accounting errors and ensure these errors are corrected in historical financial statements as well as implementing processes to prevent such errors in the future.

Many companies face data challenges as they grow, including data from numerous sources, compatibility issues, and struggle to efficiently track the appropriate KPI. Data automation and dashboarding allows the user to have access to real time data, increase visibility to the broader team, and create real time actionable intelligence. Utilizing connected dashboarding tools, such as PowerBI or Tableau, to direct-connect to the organization’s ERP system allows for continuous and direct access to the KPI that matter most to the company.

ERP Implementations are notoriously difficult to perform. However, our team executes these projects at a senior level which translates into less strain on the organization’s team, allowing management to focus on running the business. Our approach is to utilize a team of strong PMOs with technical accounting knowledge to mitigate project risk. Implementation projects can be paired with a process improvement, where optimized accounting practices can be achieved along with a new implementation, or as a stand alone project.