Our services for CFOs cover all CFO and financial function competencies, from developing a target operating model and the development of a methodological framework to process optimization and change management.
Critical financial management issues that we can help you address
- How to reduce operating costs
- How to optimise working capital management
- How to create finance function shared service centre
- How to provide management with up-to-date reports for decision making
- How to align employee motivation with corporate strategic objectives
- How to reorganise the finance function for greater efficiency
- How to reduce time spent on preparation of financial and management reports
We offer our clients solutions in the following areas
Finance function development
An effective formalised structure of a company’s financial functions will allow it to distribute responsibilities for different tasks and allocate appropriate resources for their fulfillment. At Deloitte, we understand that creating shareholder value is critical to any business, public or private. Let us discuss our experiences and how we can assist you in your journey.
A transparent system of interrelated performance indicators will allow you to align the operations of different units with the company’s strategic objectives, evaluate key factors of business growth and improve the effectiveness of business processes, units and projects. Our services will result in the creation of a methodological framework underlying the balanced scorecards, including objectives, challenges, and instruments for implementing, evaluating, and assessing the KPIs. We are also ready to assist you in implementing the balanced scorecard.
Profitability and cost management
For effective cost and profit management, it is critical to understand the structure and nature of costs. This allows companies to comply with the cost management requirements laid out by governmental bodies as well as those dictated by a competitive business environment.
Financial processes and methodologies
Timely, reliable and transparent financial reporting is a crucial part of running any business, as well as the informational base for decision making. We offer assistance in the development and implementation of accounting policies and procedures in accordance with IFRS, US GAAP and national accounting standards.
Our CFO Services Group has extensive experience in successfully implementing projects across all the key business sectors throughout the CIS. Our professionals hold international financial qualifications including DipIFR, ACCA, CIMA, CPA, CMA, and CFA, and many are additionally certified IT and project management professionals.