Financial Management Outsourcing


 
Get a highly skilled finance department that can grow with your company, economically and with no HR headache.
 
Perhaps you’re an early-stage company that recognizes it needs the guidance of a CFO to secure funding. Or an emerging growth company that has outgrown its accounting and financial management processes and needs improved financial functions to bring the company to the next level. Perhaps you just raised equity or debt financing and now have sophisticated investors or lenders demanding accurate and timely financial statements and cash forecasts. You need skills across the spectrum of accounting and finance – an A/P person, a controller, and a CFO – but none full time.

No matter your size or situation, Fesnak’s Financial Management Outsourcing can save you time, money and headache by putting the right mix of time and skills in the right places (see our full value proposition).
 
We offer comprehensive outsourcing solutions for the entire finance function, covering virtually every functional area, and we offer flexible arrangements. We can manage the entire accounting and financial management function for you, from back office transaction processing up through the CFO role, or just parts of it.
 
Our Financial Management Outsourcing solution is delivered using a shared services model, managing the entire function for you and enabling you to effectively share the cost of top-level corporate talent and gain access to subject matter expertise for specific finance and accounting roles, rather than recruiting full time employees for each role or hiring “jacks of all trades.”
 
Our Financial Management Outsourcing services include the following:


CFO Services and Financial Management

  • Acting / Part-time CFO
  • Acting / Part-time CAO
  • Corporate Financial Planning (Budgeting; Forecasting; Financial Modeling)
  • Financial Insight, Leadership and Decision Support
  • Corporate Finance (Investor/Lender Relations; Bank Reporting; Capital Advisory)
  • Corporate Governance/Administration (Technical GAAP Advisory; Internal Control Advisory; Liaison w/ Board, Auditors, Legal Counsel, and Providers of HR, IT, and Insurance Services)


Accounting, Reporting and Compliance

  • Acting / Part-time Controller
  • Back-office “Shared Services” (Billing; A/R; Collections; A/P; Fixed Assets; Inventory)
  • General Accounting, General Ledger Management and Month-End Closing
  • Financial Reporting and Bank Compliance
  • Management Reporting and Financial Analysis


Financial Management Advisory Services

  • Capital Advisory (Analysis of Alternatives; Negotiations; etc.)
  • Transaction Support (M&A Structuring and Due Diligence; Turnaround/Restructuring)
  • Profit and Cash Flow Analysis/Improvement
  • Financial Management and Accounting Process Improvement
  • Forecasts and Projections
  • Enterprise Software Selection/Optimization
  • Other Special Projects


As an alternative to outsourcing, we can also bring in people on an interim basis, or offer advisory services, to supplement your existing, internally-managed accounting and finance function.