WE FILL THE SEAT YOU'VE LIKELY NEEDED TO FILL FOR SOME TIME:
THE CFO
PART TIME COST
FULL TIME ACCESS
The one seat that will bring you a wide spectrum
of experience, leadership, network connections and solutions.
THE TOP 4 CHALLENGES OUR CLIENTS ENGAGE US FOR
Strategic leadership
We ensure our clients have a solid strategy in place. For those that have a strategy already we ensure it aligns financially, operationally and has mitigated all appropriate risks. For those requiring a clearer path, we help develop a roadmap with tangible milestones.
Reporting, Financial & Operational
We ensure our clients have the reporting in place that is not only timely, accurate & complete, but also based on the foundation of appropriate internal controls and standard best practice reporting processes.
Providing financial reporting is only the beginning, providing insightful operational & management based reporting and performance indicators is where we drive it home.
Working Capital & Liquidity
Whether managing your day to day cash flow challenges, short term debt or planning for longer term investment strategies. We provide our clients with a clear roadmap ensuring fiscally responsibly management practices using cash flow projections, working capital analysis and debt management plans.
Operational Risk Management
Our clients are able to operate confidently knowing that their operational risks are assessed and managed proactively. We are also on-call for those moments requiring a more immediate decision.
Our Services
Corporate Health
Cash Flow & Liquidity
Corporate Health
- Reviewing the corporates financial & operational health
- Assist in establishing short & long term targets
- Assist in ongoing monitoring of the corporate financial & operational health
- Performance Management
- Profitability & EBITDA Monitoring
Risk Management
Cash Flow & Liquidity
Corporate Health
- Debt & lending based Risk
- Financial Relationships (Banking & Investors)
- Insurance Coverage
- Compliance (CRA, Audit, Legislative)
- Workers Compensation Board
- Financial & operational Internal controls
- Financial & cost management controls
- Human Resource risks
- Data & privacy Management
- Development of mitigating strategies
Cash Flow & Liquidity
Cash Flow & Liquidity
Business Management (day to day)
- Cash flow analysis & Restructuring
- Forecasting, budgeting & projections
- Cash flow cycle review and development
- Working Capital Management
- Financing & Lending solutions
- Capital & Financial structuring
Business Management (day to day)
Strategic Process & Systems development
Business Management (day to day)
- Day to Day operational support
- Interim CFO / Controller services
- Cost studies
- Human Resources
- Payroll
Business Planning
Strategic Process & Systems development
Strategic Process & Systems development
- Business valuations
- Capital Budgeting
- Debt Management
- Facilitating Mergers & Acquisitions
- Forecasting & budgeting
- Strategic execution planning
Strategic Process & Systems development
Strategic Process & Systems development
Strategic Process & Systems development
- Assist management & ownership groups with strategic initiatives & mandates
- Discovery, strategizing & establishing of operational processes
- Evaluation and Integrating of the operating & accounting systems
Reporting & Compliance (Management Reporting)
Reporting & Compliance (Management Reporting)
Reporting & Compliance (Management Reporting)
- Month end closing processes, including Bank & Ledger Account reconciliations
- Provincial & Federal compliance filings (i.e. Financial institutions, WCB, GST, CRA)
- Year end coordination & support
- Preparation of externally required working papers (for accountants).
- Preparation of management reports & financial statements
- Trend & Ratio reporting
KEY PERFORMANCE INDICATORS (KPI's)
Reporting & Compliance (Management Reporting)
Reporting & Compliance (Management Reporting)
- Lending Covenants (Debt servicing, Interest Coverage)
- Gross Margins, EBITDA, Net Profit
- Cash flow Cycle & Turnover
- Financing cost management
- Working capital management
- Inventory Turnover
- Return on Investment (ROI)
- Earnings per Share (EPS)
- Employee Retention (Turnover)
Case Studies
We are the on-call financial leader for our clients to adress the day to day financial challenges as well as provide a coaching & mentoring role to their administrative & bookkeeping staff. Therefore helping grow the internal staff and providing clear strategy support to our clients with the services outlined above, including, but not limited to:
- Month end reporting
- Bank compliance reporting
- Budget & forecasting (updates & re-alignments)
- Cash flow planning
A variety of our clients utilize us to ensure their books are current and accurate every month within 10 to 15 days of closing, ensuring the books are accurately kept and compliance reports are provided for banking requirements, CRA filings and investor relationships
Our client in the construction industry lost their CFO with minimal notice and no opportunity for transitioning a new CFO into the position. We supported the client for 12 months as their interim CFO directing their accounting team, identifying process improvement opportunities, internal controls and developing various cash flow models.
Our client, a publicly listed startup, was dealing with significant conflict at the board and management level putting the corporation in a deadlock position. After a long standing legal process the courts decided that a Manager be appointed. We provided this service, executing day to day business activities, while reporting to the board and supporting with the ongoing day to day business needs.
An Oil & Gas company with significant number of businessunits required a transition from Excel based budgeting to an ERPintegrated budgeting tool (Budget Maestro).Upon completion of the project we were able to model at all levelsof the business,in detail and asawhole.The next year also allowed for an expedited budgeting processdue to the ease of rolling forward the software.
Some of our clients have benefitted from us following up on their behalf, through sending out of statements, regular reminders, updating the customers records to match our clients records, ensuring a better communication channel for the customer, all while maintaining the highest level of professionalism.
About US
Our Experience
Our CEO, Peter Teunissen CPA CA, a CFO by trade himself, started providing contract CFO services accross Alberta & Western Canada in 2016 after identifying a gaap in that too many entrepreneurs and business not having sufficient access to true operational management advice.
Having worked in Public practice and industry, focusing on operational management for over 15 years, Peter amassed experience within the construction, oil & gas, Retail Engineering, Bio-tech & software industry. Peter has since built a network of CFO's and operationally experienced Management Consultants.
For a full history please visit his linkedin profit here:
LinkedIn - https://www.linkedin.com/in/peterteunissen/
Our Approach
No single business is the same and the needs of our clients vary widely. As such we make available 2 processes to get started
1) A Comprehensive analysis identifying the gaps and opportunities and as a result providing a detailed report that includes a project plan with timelines and milestones.
2) We meet with our clients and based on the needs they voice will specifically hone in on those items and can generally get straight to work to correct the need identified.
Best of all, we don't just come in to "fix" any particular item. We are able to stay involved on an ongoing basis, whether through a minimal commitment or an on-call basis.
Our services are custom tailored for you and charged on an hourly basis. Therefore if you do not need us for a month or two, you will not receive an invoice.
Industries Serviced
- Construction
- Oil & Gas
- Land Development
- Civil projects
- Government
- Bio-Tech
- Bitcoin
- A.I - Artificial Intelligence
- Pre-Revenue & established corporations
CONTACT US TODAY
CONTACT US
Copyright © 2021 THE-CFO - All Rights Reserved.
A Division of Leverage Consulting Group Ltd.
Powered by GoDaddy