CFOs for Hire
Management Consulting - St. Louis, Missouri, United States
CFOs for Hire Employees
CFOs for Hire Details
CFOs for Hire (part of the CPAs for Hire LLC network of professional services) was founded on the premise that many growing businesses have reached the point of needing a retained, in-house accounting and finance professional to help achieve their goals, but are not ready to take on the burden of a full-time CFO. With Part-time CFO Services, businesses can retain the expertise of a CFO, but scaled to their needs and budget. Part-time CFO Services is affordable and will generally pay for itself or more in net savings due to a focus on savings strategies and avoidance of costly compliance penalties and interest.Some benefits that business owners experience when hiring a part-time CFO through CFOs for Hire:• More time to focus on customers, business development and other core business matters• A quality network of banks, insurance advisors, and preferred vendors as needs arise• Back office solutions that solve problems, reduce expenses and improve cash flow/profitability• A process expert that can offer practical, sustainable solutions for improved controls/workflow• A liaison for all B2B relationships with the ability to negotiate the lowest fees and rates• Cash and debt management to optimize cash flow• Customized reporting and analysis that are useful in making decisionsFor larger companies with a full-time CFO, CFOs for Hire also offers a suite of CFO support services, including:• Interim CFO, for companies in CFO transition - Allows executive management the time necessary to choose the right person, which could take 6 to 12 months - During the 3-month integration period, CFOs for Hire will take a "fresh" look at processes and controls - CFOs for Hire will transfer knowledge to the new CFO once hired• CFO Support, for CFOs with projects that never seem to gain traction - Complex reconciliations - Process improvements• Backup CFO, for companies with a CFO nearing retirement - CFOs for Hire learns the role from the current CFO
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