CFO Management Services

CFO Management Services Interim  CFO Part-Time CFO Albuqeruque New MexicoPart-Time CFO…Real-Time Benefits

HOW CAN A CFO BENEFIT YOUR BUSINESS?

Mapping out the future of your company requires forward-thinking financial expertise. True North Business Navigation Professionals delivers foward-thinking CFO management services to put your business on the path to success.

The majority of small and mid-size businesses don’t need a full-time permanent CFO. but would benefit greatly from a part time permanent CFO who could meet their needs on an as needed basis providing tremendous value and business improvement.

For Efficiency

The CFO is typically the primary point of contact between the business and external bankers, insurance brokers, accounting firm auditors and tax professionals, State of NM Taxation & Revenue Department, retirement plan providers, and attorneys.  In this way the CFO unburdens the CEO or owner so they can concentrate on more strategic long term issues while the CFO deals with the tactical short term ones.

For Operations

Specifically that meant it was my  job to make sure our facility, manufacturing equipment, computer systems, phone systems, workforce staffing, inventory, cash flow, bank line of credit, and anything else the businesses needed was not only adequate for the current volume of business but would support increases in our revenues as the business continued to grow.

For Measurement

Key metric dashboards are an efficient and practical way for the top decision makers to be aware of what is working well and what needs attention. A CFO can help determine what the critical metrics should be for a particular business, how to most efficiently track the information and how best to illustrate it in a dashboard.

 


 

For Budgeting

The CFO is the leader and driver of the budget process. Every business is better off having a budget which can be compared to actual results to determine if you are on track to accomplish your expected goals. Every business is unique as to what critical metrics are most important to measure to provide an indication of how the business is performing.

For Reporting

Key metric dashboards are an efficient and practical way for the top decision makers to be aware of what is working well and what needs attention. A CFO can help determine what the critical metrics should be for a particular business, how to most efficiently track the information and how best to illustrate it in a dashboard.

For Growth

What separates a CFO from these other accounting types is that their work activities are more directed at the future instead of the past.  When I worked as a CFO at Ktech and General Technology Corp. in Albuquerque my daily activities were concentrated upon ensuring that my business had everything it needed to be able to grow and expand successfully.

In a part-time or interim CFO role, True North Business Navigation Professionals help manage the financial operations of your business, including:

  • Balance Sheet Issues
  • Cash Flow Problems
  • Intercompany Relations
  • Revenue Recognition
  • Benchmarking
  • Financial Reporting
  • Billings and Collections
  • Human Resources
  • Acquisition
  • Emergency Reporting
  • Profitability by Customer
  • Processes
If you need a part-time CFO or an interim Chief Financial Officer

Contact True North Business Navigation Professionals