Engaging an external Chief Financial Officer can be the perfect solution in situations that demand top-level expertise in finance, controlling, and management accounting.
Discover the benefits of using the Part-time CFO service at PKF BPO.
Who is the Part-time CFO service for?
The Part-time CFO is an excellent solution for startups or small and medium-sized enterprises (SMEs) experiencing rapid growth but lacking the financial resources to hire a full-time CFO. In such cases, a CFO hired through PKF BPO supports management in building financial and controlling structures tailored to the company's specifics and industry from the ground up.
A Part-time CFO is also a great option for specific situations, such as when a company is in crisis and needs to reorganize its finances, undergo restructuring, or attract an investor.
It is also worth considering the Part-time CFO service from PKF BPO if your company requires seasonal CFO support—for instance, during budget planning, financial strategy development, implementing changes, investing in new solutions to foster growth, or introducing measures to improve financial liquidity.
Scope of the Part-time CFO Service at PKF BPO
- We support strategic financial management by creating financial plans and budgets, developing financial strategies aligned with the company’s business goals, and preparing business plans or scenario analyses.
- We take care of your company’s financial liquidity by analyzing cash flows and implementing solutions to enhance liquidity.
- We prepare reports for the management board or investors based on financial analysis of key performance indicators (KPIs).
- If you need financing, we prepare documentation for loans or bond issuance and assist in negotiations with banks and investors.
- We manage financial risk by identifying threats, implementing recovery plans, and evaluating the profitability of investments.
- We support your accounting, controlling, and HR & payroll departments.
- We assist in designing financial processes, controlling systems, and efficient internal processes.
- In collaboration with the consulting line within the PKF Group, we support M&A processes (mergers and acquisitions) through due diligence and business valuation.
- In collaboration with the tax advisory line within the PKF Group, we provide tax and cost optimization support by identifying cost reduction opportunities and advising on effective tax management.
Benefits of Hiring a Part-time CFO at PKF BPO
- You pay only for the actual hours worked by the CFO, not for a full-time position, optimizing costs while receiving high-quality service.
- You can tailor the scope of responsibilities of the hired CFO to meet your business needs.
- Additionally, you gain:
- Professional expertise in finance, business, controlling, and management accounting on demand;
- Peace of mind and more time for strategic planning;
- An objective perspective from an external professional;
- Support in making accounting, tax, and legal decisions;
- Technological solutions enabling the integration of analytical and financial data as well as cost monitoring and optimization;
- Clear and precise reports to aid in financial decision-making;
- Enhanced financial credibility among potential investors and banks.
Do you need to check if a Part-time CFO is the right solution for you? Contact us!
