What is the first thought that comes to your mind when you hear the word "Chief Finance Officer" (CFO). Let me guess; accounts, finance, taxation, numbers, excel, budgets, the guy who doesn't smile etc? Well if you picked one of the above choices or were even close to one of the above then let me tell you what a modern day CFO is role has evolved into.
We at Harshwal & Company LLP, provide virtual CFO services, who will be responsible for managing a business’s finance, accounts, compliances, corporate governance, reporting and also the strategic requirements and many more such functions.
Outsourcing CFO services is a growing trend in India. CFO Services in India for CFO for Start ups, Small to Mid Sized Companies from MyCFO India. Get to know more on CFO Services by Mr. Deepak Narayanan is the Cofounder of MyCF. We offer Outsourced CFO Services, Interim CFO Services, Virtual CFO Services, Finance Effectiveness, ERP Implementation, Finance Implementation Services, Risk Management Services, IPO Support Services, Business Process Re-engineering, CFO for Startups and SMEs.
Spacebucks will be the difference between who you are and who you want to be. At Spacebucks, we are doers, we are dreamers we are thinkers and we see opportunities everywhere Spacebucks is a one stop financial consulting firm with team of experts catering clients in Accounts & Taxation Outsourcing, ROC Compliances and Investment Advisory.
CFO Services: MyCFO's CFO services practice works with companies across Industry verticals, types and sizes in delivering the CFO agenda. We take full charge of the company's CFO/ Head of Finance function as their Ongoing/ Interim CFO. The engagement model is onsite at the company's office and delivered through a strong engagement framework (MyCFO Delivery Framework) with MyCFO taking complete ownership of the Finance & Accounts function lead by a MyCFO Engagement Leader. MyCFO reports into the CEO, Promoters, Group CFO (in the case of a multinational) or investors and manages the company's Finance & Accounts team. MyCFO's CFO services works with companies across ownership patterns including Family Managed businesses, Private Equity/ Venture Capital backed companies, Early stage companies and Indian subsidiaries of Multinationals
Outsourcing CFO services is a growing trend. Definitive statistics on the use of outsourced CFOs are hard to come by especially in a country like India, but there may be a few factors encouraging companies to embrace the strategy.
This is truly an era that allows you to live your life on your own terms, at least as far as a job is concerned. The contours of employment have changed to the extent that you can now be a full-time employee or a part-time staffer; run your own business or take a break and find a second career later. In short, you have the options to work and make a living the way you deem fit.
Indian companies, small and big, can now have a chief financial officer on call to do anything from accounts to company law, strategy to fund raising, report Arijit Barman & Biswarup Gooptu. In April 2013, Deepak Narayanan received an urgent call from Amit Dalmia, an operating partner in marquee private-equity firm Blackstone. A massive churn in the finance department of Gokaldas Exports, a Blackstone portfolio company, had seen many key exits. Critically, this included the financial controller, just before Gokaldas was to finalise its quarterly numbers.
MyCFO works with companies to fill the gap that exists between the demand for high quality corporate finance services and the inadequate supply of it. In three years, the firm aims to grow its team size from 130 to 1,000 people, with aspirations of becoming the leading brand in the CFO services segment
A chief financial officer (CFO) is a senior executive who oversees a company’s financial functions, including budgeting, financial objective setting, cash flow management, debt management, fundraising, financial reporting, lenders, and regulatory bodies. An outsourced CFO can offer all of these financial services for any length of time you need. Outsourced CFO services for your business can ensure both short-term survival and long-term sustainability. To know more visit here https://www.straighttalkcpas.com/cfo-services
If you are looking to outsource your bookkeeping, then The Accfin Group has brought some strategy for you in such a field. Such as HR service, payroll service, outsourced bookkeeping, part time CFO. You can manage the financial transactions of your business. This lets you know every transaction that happens in your business whether you are in profit or may be harmed. Watch this presentation presented by us and know about all of it.
MyCFO and ICICI Bank partnered to put together – ‘CFO’s make the difference series’, an experiential session delivered by CFO’s of leading companies.The series covered 6 cities and focused on themes, which are of practical importance to the audience.
Virtualrace is a start up promoted by professionals who have held CFO level positions in the past. Virtualrace is a pedometer based, mass participation event conducted over 100 days. Virtualrace is backed by a Venture Capital Fund and it encourages activity and health in a fun and inclusive manner that complements hectic lifestyles.
Traditionally, the CFO represents the Finance function, just as the CMO represents the Marketing function, the CTO the Technology function and so on. Within the finance function, the CFO is expected to deal with accounting, taxation (both direct and indirect), banking, auditing, working capital management, risk management, corporate governance, internal controls, investor relationships (esp. relevant in case of a listed company), budgeting, costing.
With a strong track record in building business and a keen interest in latest technologies, Virender leads Ramco Systems, a Global ERP product company on its journey to becoming a leading Cloud ERP player. As the CEO of Ramco Systems, Virender has been primarily focusing on evaluating new market opportunities, attracting strategic partnerships, realigning portfolio of offerings and driving profitable growth.
Get information about the leadership team at MyCFO with their profile and experience. MyCFO is a leading implementation services company which provides CFO and Finance effectiveness services.
In recent years, CFOs have assumed increasingly complex, strategic roles focused on driving value creation across the business. Growing shareholder expectations and activism, more intense M&A, mounting regulatory scrutiny over corporate conduct and evolving expectations from the finance function have put CFOs in the middle of corporate decisions.
For six months now, a Bangalore-based mid-sized hotel chain has been looking for a CFO. The slowdown over the past few years has seen the company’s financials come under pressure: room tariffs have fallen, sales are down, and, like any other borrower, it has a fraught relationship with banks, although it sees growth returning now. “Our earlier CFO’s job was not very complex, but now we need a CFO who is both a fire-fighter and strategist to help the hotel emerge from the slump and grow as we plan to acquire new properties,” said the HR head of this hotel who requested anonymity and did not want her firm to be named.
The Accfin Group account and finance company, we manage your business account. Our bookkeeping service is very helpful in grow your business, we have the flexibility for your business to outsource your bookkeeping, controller or CFO function, or we can provide services on part time or needful basis. Read this presentation and know more about it.
Ken is a servient, achievement oriented operator and strategist leading enterprise growth through top line sales improvement, process improvement and performance improvement. Performing in multiple locations in the U.S., Europe, UK and Asian markets, he has led in situations ranging from start up to distress to turn around to rapid growth, to wind down.
With increasing complexity in the business environment, CFOs need to work closely with key stakeholders in drawing up risk mitigation plans.Every finance department and CFO aspires that the function that he/she leads adds value to the business. Finance and the role of a CFO in being a driver rather than just being a record keeper is now a part of virtually every finance transformation session. Most of us are aware of the role of a CFO in being able to contribute to the company's strategy, growth, work with cross functional teams, manage and lead board discussions and investor relations and build robust systems.
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This article is useful to PE Funds and CXO’s of PE invested companies who are eyeing an exit in the next 12-18 months and looking to strengthen/ streamline decision support systems, squeeze cost reductions, enhance governance mechanisms, implement risk management systems which will help them build a case for better valuations closer to the date of an exit either through listing or through sale to another PE fund.
A Chartered Accountant’s profession is generally considered to be very prosperous but is also stressful. With globalisation, technological advancements, complex regulatory framework, evolution of exciting business models and emergence of entrepreneurship as a viable career option, the options for Chartered Accountants today are wider and more exciting.
Today, there are many ERP options available in the market. Selecting or making the right choice of ERP Solution for your business is one of the crucial business decisions. While many companies feel that any software or ERP will work and their organizations will simply adapt to the functionality of the software.