Developing the finance function
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.
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Your operating model should be able to adapt to changes in the company’s business, whilst still meeting key business requirements. An effective finance function must enable dynamic business growth and should be aligned with your business strategy.
How can we measure the effectiveness of your finance function? Which industry practices can help improve the efficiency of your company’s finance department? How do the finance divisions of other companies in the same industry address similar problems? The solutions we provide to our clients answer both the specific problems of individual subdivisions, and the complex issues of the wider finance function.
Diagnostics and benchmarking
Proper design of the target operating model for your company is a key success factor for integration of strategic goals into the company’s economic model and further implementation of business processes using advanced IT systems.
Target operating model
The effectiveness of your finance function depends on having suitably qualified employees. Executives often need to evaluate how well staff skills match the needs of the business’s finance function.. We have extensive experience in delivering successful evaluations and this enables us to provide our you with an integrated approach to the issue taking into account the specific nature of your company’s business.
Personnel assessment and development of job descriptions
Mergers and acquisitions present a challenge for management, in terms of integrating the inance functions of the companies involved. Our extensive experience in successful finance function integrations means that we can provide effective solutions for reorganization, change management, and minimizing restructuring costs for the buyer.
During the IPO process, a company needs to assure future investors that its corporate governance processes comply with the best global practices, that risk management systems are reliable and the company will produce accurate financial statements, on time. Our experience in IPO readiness projects means that we have developed a unique methodology to make the IPO preparation process as simple and effective as possible.