Finance Operation
While a business has numerous segments that aid in its proper administration, most of it comes down to a structured financing system. Our finance operation support is framed with services that will help you monitor and review Key Performance Indicators and corrective measures on a real-time basis.
We understand that a developing or a small scale institution often fails to hire a full-scale finance operations manager, which hinders their growth. Our team will gladly fill the role for you and employ your company’s P&L data to frame its future steps.
We will analyse your enterprise’s activity and develop tailored solutions for business operations issues, namely Liquidity Management, Capex management, Receivables, Payable management, etc. We also assist in pointing out inefficiencies in your finance division by highlighting the cause of changes comparing Actual vs Budget.
By availing of our finance operation support, you get a dedicated team of finance experts who have been in the field for a while. We know what works and provide advice that will ensure more than growth.
GST & Income Tax Recon
Under this, we provide a reconciliation of GST Input Vs Books of Accounts; TDS reconciliation, Books of Accounts vs 26AS, etc. to identify the customers who are not depositing the TDS.
Cost Management
With our efficient and effective Cost Management services, we ensure that your business achieves your desired goal. Our tailor-made solutions will help your business to measure the effectiveness of the costs on a real-time basis.
Variance Analysis of Actual vs Budget
Variance analysis helps businesses to identify the root causes for the gap between Actual and Budget numbers. We take fast actions to determine the Cause of Changes and help you take appropriate steps to mitigate the inefficiencies and continue the right practices.
Debtor and Creditor Ageing
We create and analyze your company’s Debtor and Creditor ageing reports and help you realize the number of funds that are at risk. Our experts also provide insight on how to hone down this risk factor in future transactions.
Capex Management
Under this service, we help you channel your funds in the proper direction and create a budget for how much you should and spend and on which fixed assets. From collection, consolidation, evaluation, and till approval, we will assist you through the entire Capex planning process.
Payroll Management
We administer all the data related to your company employee’s bonuses, salaries, incentives, deductions, and net pay. This includes records like Federal Unemployment Tax Records, Income Tax Withholding Record, and Social Security Tax Records.
Reviewing Accounts
We will review your company’s transactions and accounts to track that the funds are utilised as per the previous financial planning. We go through all the essential journal entries, year-end adjustments, general ledger and help you resolve existing and potential errors.
Cash & Fund Flow Analysis
Our experts analyse both the variables reflected in your business’s cash and fund flow statements to determine your company’s most profitable investment area.
Preparation of Monthly & Annual Profit and Loss ( P & L)
Preparing a monthly statement of your company’s profit and loss will help you look back at the decisions you have made and their outcome. This is also essential as we strategise the next month’s plan of action based on these statements.
The established companies are on the right path in terms of their expenditure is due to the presence of a professional CFO. You too can achieve that with the help of IamyourCFO and our industry experts.
Why Me?
If you are new in the market, lack of experience can pose significant difficulties in your workflow. There is a reason why an enterprise hires various job descriptions, as one cannot be omnipresent to solve every issue.
This is where our team of professional finance officers comes into play. They go through every data related to your company, encompassing all its financial interactions. Only after thorough analysis, we come up with effective yearly budget documentation and monthly executive reporting.
We not just do the work for you but make you understand the importance of every decision we make for your company. This way, the last call for anything that goes by in your institution is yours. With regular consultations and communication, we ensure that your enterprise’s vision remains intact, and we only support its primary goal.
We recommend that you avail of our financial operation support services at the very developing stage of your incorporation. This way, your company will have a strong financing network since its foundation.
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