CFO & Finance Function Support
We help our clients, particularly small businesses, by acting as the CFO's right-hand support. At times the finance department can be stretched thin with day-to-day responsibilities at the expense of long-term finance department objectives. We can offer assistance to bolster existing expertise to support the finance department and the CFO's longer-term goals.
CFO & Finance Function Support Services
Chief Financial Officers (CFOs) and the finance function in growing SMEs are typically busy with day-to-day transactional activities. Often it can become overwhelming to balance daily operational responsibilities to meet a growing enterprise's analytical and financial reporting needs.
Lakeshore can assist with a wide range of hands-on, customized services to support the CFO and finance team in performing their duties with technical excellence. In addition, Lakeshore's consultants have deep experience in supporting and enhancing the following finance functions:
Review and assessment of existing financial and management reports with the objective of improvement to meet the changing needs of the organization
Evaluation of the adequacy of financing facilities and support in negotiations with banks & other lending institutions through the preparation of supporting documents
Assistance in cash flow and treasury management
Review and improve financial controls
Financial statements review and analysis (monthly and quarterly)
IFRS accounting advisory based on specific matters or transaction
Review of budgets, forecasts, and identification of historical variance trends
Costing and product pricing analysis to improve margins
Credit and collections (accounts receivables management) and impairment provisions analysis
Develop finance policies and procedures manuals
Interested in learning more?
Send us a message or book a call to kickstart the conversation.
How Can We Help?
SERVICES
Strategy & Business Plan Development
We help our clients optimize their business strategy through financial and strategic evaluations. We identify opportunities to improve profitability and operations with specific action steps, including assessing the economic feasibility of products, departments, cost structure, and proposed investments.
Corporate Governance Services
We guide our clients as they grow from small to medium to large, and as their compliance requirements evolve concerning oversight and regulation. We will guide them on adapting to these changes concerning management oversight and financial requirements dealing with regulators and creditors.
Mergers & Acquisitions Support
We perform financial due diligence by looking at the financial health of a target company in a buy-side transaction. We also assess the target company's business viability, including operations, future earnings, and products & services. In addition, we help clients sell their business or divisions of their business by preparing them for acquisition as sell-side advisors.
CFO & Finance Function Support
We help our clients, particularly small businesses, by acting as the CFO's right-hand support. At times the finance department can be stretched thin with day-to-day responsibilities at the expense of long-term finance department objectives. We can offer assistance to bolster existing expertise to support the finance department and the CFO's longer-term goals.
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Corporate Risk Management
We help our clients identify, document and manage business risks. Every business faces some form of risk. Effectively managing these risks is critical to the success of the business. We also assess the adequacy of the risk-mitigating procedures and controls.
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Project Management
We help our clients manage their internal projects to improve growth and profitability. Quite often, businesses embark on initiatives to grow or improve existing operations. These projects can be both in-house or through external consultants. We can oversee every step of the project: planning, sourcing skills, defining timelines, cost estimation, and success measurement metrics.