Strategic

  • Strategic support through business plan development
  • Managing stakeholder / investor relations
  • Participating in board meetings
  • Raising debt or equity finance
  • Financial implications advice on strategic changes
  • Steering companies through organic growth or acquisition
  • Managing change and profitability improvement
  • Ventures into new markets
  • International experience — import/export issues
  • Managing cash through difficult trading conditions
  • Exit Planning

 

Hands On

  • Manage the finance function and ensure maximum value / return.
  • Potentially help oversee IT & HR.
  • Liaise with external advisors, Banks & Auditors.
  • Establish and review budgeting & forecasts.
  • Establish processes for creating monthly management accounts.
  • Implement robust internal controls.
  • Establish monthly KPIs (Key Performance Indicators).
  • Monthly performance tracking and variances from budget.
  • Profitability and pricing analysis.
  • Establish and oversee cashflow process.
  • Advise on cost reduction programmes.
  • Capital equipment leasing and purchase advice.
  • Review computer systems and software.
  • Systems up-grades and specification.
  • Monitoring and improving business processes.

 

The list is not exclusive but gives a flavour for what an FD can bring to your business.