What Trinity CFO services do is very similar to what in-house CFOs do. The former is essentially a stand-in for the latter.
The Responsibilities CFO Consulting Services Manager
CFOs are responsible for quite a bit, including financial planning and risk management. They oversee all personnel in finance, accounting, and administration. It is the CFO’s responsibility to make decisions that will ensure the company’s profitability. In fact, creating shareholder value is the most important responsibility of a CFO. CFOs report to the company’s board of directors, as well as its CEO, president, and investors.
There are a few categories into which CFO advisory services fall, which include:
Executive Management with Operational Expertise
- Manage cash and assets
- Implement and oversee company budgets
- Prepare and analyze financial statements
- Establish key performance indicators
- Financial forecasting
- Measure financial results
- Project management
- Oversee salaries and other compensation
- Manage staffing
- Counsel outgoing employees
Business Rehab Services
- Reduce expenses
- Assist with risk management
- Market analysis
- Competitor analysis
- Vendor management
- Cost evaluations: essential vs. non-essential
Preparation for Strategic Transactions
- Strategic planning and advisement
- Perform due diligence investigations
- Finance debt and equity funding
Oversight for Emerging Companies
- Small business financial consulting
- Provide general financial advisement
- Delineate business processes and objectives
- Assess business opportunities
- Develop business plans
Trinity’s CFO services are uniquely capable of managing financial risk for any size of the company in virtually any industry. Rapidly evolving circumstances affect the success of any company. Trinity help clients manage their financial futures wisely, whether they come on board for an interim period to stabilize a struggling company or to fill the CFO role during the process of finding and hiring a full-time financial executive. No matter what your need for a CFO is, you can always hire a qualified interim CFO to help your company through periods of upheaval and change.
