Our outsourced CFO’s will enable your business to improve performances and accelerate growth
An outsourced Chief Financial Officer (CFO) is vital in creating sustainable value for any business. An outsourced CFO can convert business opportunities into cash generation. An outsourced CFO enables the improvement of the performance of any business and accelerates sustainable growth. Therefore, any business with growth ambitions and strategies cannot afford to be without an outsourced CFO.
We outsource
- Chief financial officers and finance executives
- Financial managers
- Chartered accountants and accountants
- Credit managers
- Payroll managers
- Supply chain managers
- Bookkeepers
About our outsourcing services
The outsourcing of our senior financial professionals could be temporary, interim or any duration of period, depending on the business’ needs and requirements. However, the CFO’s and senior financial professionals are always under the control and direction of the client.
We have more than 20-years’ experience in providing CFO outsourcing, financial management, business advisory, accounting, finance, taxation and related services to companies in various sectors and industries such as freight and transport, fast moving consumer goods (FMCG), manufacturing, property, financial services and public sector.
Therefore, we are in a unique position to offer a solution that is integrated, tailor-made, innovative and sustainable that will enable any SME or large company to improve performance, accelerate growth and create sustainable long-term value and/or overcome its challenges.
What we have achieved for other clients
We have achieved the following for other large companies, State-owned entities (SOE’s) and SME’s:
- We raised funding of R120m for a client in the manufacturing sector in order to expand its operations,
- We assisted a client to acquire a large grocery franchise store. We acted as advisors, performed a commercial and financial due diligence, conducted and compiled a valuation, negotiated the deal on behalf of the client. We also structured the deal, invited an investor to take up a 15% stake in the franchise worth R25.5m, registered a new company as an investment vehicle and applied and received acquisition loans from two lenders for R50m.
- We were contracted by one of the Big 4 audit firms to evaluate the operations of the packaging division of a multinational company. We made recommendations for the improvement of operations as well as changes to the systems of internal control. We also uncovered significant inventory losses and recommended preventative measures.
- Our team redesigned and implemented new financial and procurement processes and policies at a State-owned entity,
- We updated the risk management plans and registers and monitored its implementation, compiled the annual operational and capital budgets for the ensuing financial years at SOE’s,
- As interim CFO of a SOE, we compiled the annual financial report and integrated report that were approved by the audit committee and the Board, prepared the SOE for the yearend audit, corrected and implemented prior year audit findings and recommendations, assisted the internal auditors to compile a 3-year audit plan. The SOE ultimately achieved a clean audit outcome for that year,
- We compiled the annual financial statements of a listed company in order to be audited and published,
- We acted as interim CFO’s for many companies and SOE’s. We were responsible for the prudent, effective and efficient management of finances and resources, provided data-driven and relevant information to enable the companies and organisations to achieve their business strategies and objectives, raised funding for expansions. We were also members of EXCO’s, Boards, audit and finance committees.
To learn more of our CFO outsourcing services click here .
You may download a copy of our company profile here .
Visit our website here .
Contact us
Please call us at 011 042 9768 or 072 296 1281 (Virgil). Or chat to us on WhatsApp . You can also email us at virgil@bethanieconsulting.co.za . Or you may contact us by completing our online form for a call back.
