Fractional CFO for Startups & Mid Sized Companies in Singapore
For our clients that require senior careful monitoring and management of cash flow & operations, we offer a “Fractional CFO” service provides financial leadership and is instrumental in forming accounting strategies.
A senior leader from our firm will take on the responsibilities of being your company’s financial controller will be responsible for establishing and executing internal controls over the company’s accounting and financial procedures.
Scope Of Work For Fractional CFO Services
Your CFO will tackle the leadership tasks for both strategic and operational financial management:
- Financial Strategy & Planning: Developing long-term financial strategies that align with your business goals, including growth plans, capital raising, and cost management.
- Budgeting & Forecasting: Creating and overseeing comprehensive budgets, as well as providing cash flow forecasting and financial modeling.
- Financial Risk Management: Identifying, evaluating, and mitigating financial risks, such as liquidity risks, credit risks, and market risks.
- Capital Structuring & Fundraising: Advising on capital structure, including debt vs. equity, and facilitating fundraising efforts (e.g., from banks, investors, etc.).
- M&A Advisory: Supporting mergers, acquisitions, and business expansions by providing financial due diligence and structuring advice.
- Cost Control & Profitability Improvement: Analyzing cost structures and finding opportunities for improving margins and profitability.
- Tax Strategy: Developing tax optimization strategies and ensuring compliance with tax laws, including corporate income tax, GST, and international tax obligations.
- Board & Investor Reporting: Preparing financial reports and presentations for the board, investors, and other stakeholders.
Key Responsibilities For Part Time CFOs
- Strategic Financial Leadership: Providing high-level financial direction and advising management on financial strategy, investments, and capital allocation.
- Financial Health & Growth: Driving initiatives that improve financial performance, including profitability, cost management, and expansion strategies.
- Stakeholder Communication: Communicating financial performance and strategies to internal and external stakeholders, such as the board, investors, and banks.
- Tax & Compliance Oversight: Ensuring the company is in compliance with all applicable tax laws and regulations, while optimizing tax liabilities.
- Financial Risk Management: Identifying and managing risks related to financial operations, investments, and liquidity.
- Business Performance Monitoring: Monitoring key financial metrics and recommending actions to improve profitability and cash flow.
Engagement KPIs & Metrics For Our Outsourced CFO Services
- Revenue Growth Rate: Monitoring the percentage of revenue growth over a defined period (quarterly, annually).
- EBITDA Margin: Tracking earnings before interest, tax, depreciation, and amortization (EBITDA) as a percentage of revenue to assess profitability.
- Cash Flow Forecast Accuracy: Comparing forecasted cash flow vs. actual cash flow, aiming for a variance of less than 5%.
- Return on Investment (ROI): Measuring the returns on strategic investments, projects, or cost-saving initiatives.
- Cost of Capital: Ensuring the company’s capital is raised at competitive rates, monitoring weighted average cost of capital (WACC).
- Debt-to-Equity Ratio: Monitoring the company’s debt levels compared to equity to ensure a healthy financial structure.
- Investor Satisfaction: Ensuring timely and accurate financial updates and insights for investors and stakeholders.