CHALLENGES

The company needed an experienced Finance Director to support the in house accounting team to advise directors with strategy and oversee management reporting, budgeting, taxes. The company has gone through a phenomenal growth and new financing was needed to support the growth

SOLUTIONS

We performed a quick assessment and implemented the following steps:

• Introduced a quality Management Reporting Pack

• Created zero based, recurring 3 Year Budget

• Advised directors on Profit Maximisation, Salary and Dividend strategies

• Optimised the main accounting system (Xero) to automate key processes.

OUTCOMES

1. FUNDING

Obtained funding to finance short term working capital needs of the business.

2. MANAGEMENT REPORTING

Timely and accurate management reporting improved visibility across different departments.

3. BUDGET

Detailed, zero-based 3 year budget provided wider outlook over the business and informed on expected profits and cash flows.