Outsourced CFO Services
The AltezzaPartners outsourced CFO provides client organisations with capital management services, overseeing the accounts (and bookkeeper) roles, production and interpretation of reports (and business dashboards) and subsequent recommendations to client management/boards. The service will also maintaining the organisations compliance with Government and industry bodies.
Financial Reporting
AltezzaPartners CFO Services includes assistance with the production of a comprehensive range of financial report types, including:
- Management level financial reporting including monthly production of consolidated accounts, budget to actual comparisons, drill downs (account level reports such as sales by customer by month or debtor reconciliation/debtor days etc), and fiscal to operational KPI's
- Production of interim and annual financial reports for unlisted public companies which adhere to AASB and AuASB standards, including application of the Corporations Act/Regulatory Guilds
- Special purpose reporting, for example AFOF (Australian Fund of Fund) institutional investor reporting for a registered PDF (Pooled Development Fund) venture capital entity and BSA (Building Services Authority) Review reporting for membership licensing renewals
Financial Interpretation
In addition to compiling financial reports, the AltezzaPartners CFO will also provide interpretive reporting and recommendations from an entity management or investor specific perspective.
Entity management interpretation is to assist with (for example):
- Financial analysis/control regarding source and use of funds
- Profitability analysis and expense ratios
- Budgeting (and tracking) at corporate, business, unit and project levels
- Growth rate (and key drivers to achieve)
- Profit and loss, balance sheet and cash flow ratio's with industry comparatives
- Determining adequate debt to equity considering cost of funds and company WACC (weighted average cost of capital)
- KPI analysis, especially focusing on the link between operations and finance.
Investor interpretation is to assist with (for example):
- Return and yield analysis (Return on Assets, Return on Equity, Earnings Per Share, Price to Earnings Ratio)
- Use of funds (tracking actual use of funds versus the investment mandate)
- Valuation determinations such as net tangible assets, discounted cash flows, last money in, internal rate of returns, and net present value
- Entry and exit points (and methodology including MBI, MBO, Earn in/out, use of convertible debt, equity and hybrid instruments etc.).
In conclusion, AltezzaPartners can support the above representations via supporting documentation and examples (if requested).
For more information, please contact AltezzaPartners.
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