CFO Services
Burr Ridge Advisors offers veteran Chief Financial Officer or Controllers to support on a part-time, interim, or special project basis (e.g. bankruptcies, restructurings, accounting system integration, sales tax, clean-ups). Our clients benefit from getting exactly the right level of professional experience and impact—when they need it and at just the right weekly time commitment (e.g. couple hours per month to 3 – 5 days per week). Our CFOs and Controllers work on-site with clients, elbows deep in processes, procedures, systems, and people issues. Free initial consultations—allow us to provide a confidential, professional perspective on your company’s situation.
Advantages include:
- Veteran, heavyweight CFO—impact at strategic level
- Flexible—dial-up or down as needed for maximum leverage
- Hands-on, 100% on-site with clients —roll-up sleeves, get-it-done projects.
Standard CFO/Controller Deliverables
Financial Reporting
- Accurate and timely monthly financial reporting that is “bank ready”
- Accurate and timely regulatory reporting
- Develop departmental level reports to help you delegate more effectively
Planning & Analysis
- Rigorous financial modeling and planning
- Detailed budgets and forecasts
- Performance analysis
- Development of strategic plans with deep understanding of underlying economics.
Finance/Accounting Oversight
- Cash management, e.g. 13-week forward cash flow forecast
- Oversight and training of existing and new Company accounting personnel
- Management of customer credit, payment history, and risk profile
- Oversight of administrative areas such as purchasing, invoicing, and personnel
Systems & Processes
- Implementing stronger internal controls and systems to ensure disciplined monthly closing cycles
- Transitioning to new accounting software
- Oversight and management of information systems.
Project Management
- Conducting financial due diligence around deals
- Fast clean-up of problem situations.
Taxation
- Our team of tax experts will help prepare and file taxes timely
- Work side-by-side to plan operational results and tax planning
Outsourced Accounting
Burr Ridge Advisors has qualified degreed and charted accountants overseas working as full time resources at a fraction of the price. Mundane routine paperwork processing such as A/P, A/R and routine month-end GL entries can be outsourced saving your company money and still achieving a high level of accounting quality. Burr Ridge has experience developing the processes and systems to offshore a portion or all of a particular accounting function.