Background:
Established privately owned service business.
Highly profitable, achieving double digit growth and expanding to supply services overseas.

Issue:
Review of financial management of organisation, to include structure, people, processes, systems, key metrics, and reports. Make recommendations on appropriate structure and reporting requirements to meet anticipated business needs

Scope of Engagement:

1. Review and interview finance team, management and other employees on finance function. 
2. Establish and agree management expectations from finance function and reports needed to drive business results
3. Make recommendations on appropriate structure, reports and potential efficiencies.
4. Develop detailed job descriptions and agree vision for future financial management and broad outline of milestones required to achieve optimum structure

Outcomes:

1. Review and report drafted and agreed with management
2. Transactional activity reductions of over 50% identified and recommended. 
3. Simplified structure and reporting agreed.
4. Redirected focus on reports of use to managers in anticipating and changing results.
5. Finance function freed up to allow influence and direction on business results rather than transactional reporting.