Kathy Watt's Contact Details

Kathy Watt's Company Details

New Black Finance Inc.

N/A, N/A, CA • 5 - 9 Employees
Financial Services

New Black Finance (NBF) is an independent finance and business consulting company providing cloud-based finance support and CFO consulting expertise to small and medium sized businesses.We work on a part time, as needed basis and recognize that each company will have varying needs. Our model allows clients to access ad-hoc advice from senior finance professionals without the commitment that comes with hiring a full time CFO or Controller. A key role we play is to allow owners to focus their efforts on growing and managing their key business priorities rather than getting tied up trying to manage the finance function. Our services include:CFO/Controller Services:o Management reporting & analysis & discussion o Provide advice, recommendations, and strategic input o Cashflow management & cash runwayo Profitability & variance analysiso Identify & track KPI'so Revenue recognitiono Assist with budgets, ongoing forecasting & scenario planningo Consult on best practices, operational improvements, business changes/decisionso Assistance with HR/Legal issues as requiredo Oversee finance resources and provide training and guidanceo Assist with CRA audits Bookkeeping Services (provided as an add on to our CFO/Controller service):o Supplier invoice processing & paymentso Client invoice generation & collectionso Project tracking & reportingo Process bank and credit card transactions, and reconcile the accountso Payroll processing & related filingso GST/PST returnsNew Black Finance is also a licensed insurance brokerage providing clients advice and support on:o Employee Benefit Plans o Group and Individual Retirement programs o Private Health Services Plans (PHSP)o Corporate (Buy/Sell, Key-Person) and Individual Life & Disability insurance