CFO Services in New York USA
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CFO Services in New York USA
SattvaCFO provides CFO services in New York, USA, with a high level of enthusiasm and dedication. We provide strategic partners to manage your operations.
SattvaCFO provides a flexible engagement model to suit requirements on a need basis. The cost of services is on a variable fee basis, but the service is of high quality. CFO services in New York, USA, are provided specifically to your business and match your needs.
Our expert CFO act as a business partner who navigates the business towards value creation and maintains the relationships with the business and the holding departments.
Key services under CFO services
The CFO service team manages the following key services:
The CFO will lead the finance team and proactively drive change in the wider company.
● Co-drive the business operations: Provide insight into the drivers for value creation and is the business partner in making business decisions that enhance the performance of Randstad India and align, improve, execute and promote the financial systems and work processes that support the business in achieving its goals and that comply to internal and external standards and regulatory requirements.
● Business Essentials: Apply business knowledge (connecting to Randstad core values, strategy, and business principles; business concepts; field steering; global client solutions; industry essentials; market intelligence), communicate effectively and with impact (including business English); effective written and verbal communication; and presentations); able to manage projects (ensure projects are well thought through;
involve the right people; engage the commitment of project team members, plan and ensure smooth operation of the project team; and implementation of the project and follow up of results)
● Business Control: Maintain a solid understanding of all aspects that are part of the Planning & Control cycle and Strategy development and involve reporting to Holding. Be effective in your role as a finance professional and business partner. Co-drive and support the strategy development process and co-determine where to grow, how to grow, and what to target. Advice on potential opportunity and risk areas to support management in strategic decision-making to enhance the sustainability of the financial performance of current and future Randstad organizations. Monitor, assess, and advise on (operating) performance and financial indicators against corporate strategy, market best practices, and competitors’ trends. Be an active member of the regional and global (finance) community and drive collaborative change through common initiatives and programs.
● Accounting & Control: Accounting & Control is the backbone of ensuring the business; a large part of Randstad’s core processes fit within this. Align, continuously improve, execute and promote the financial systems and work processes according to requirements. Ensure proper financial reporting and tax accounting to Holding for internal and external reporting purposes.
Expert roles:
● Expert finance roles (tax, treasury, risk & audit, mergers & acquisitions), and the non-finance expert role within the field of responsibility of the CFO (procurement, as above; corporate services, HRSSC, Global Operations Finance/SSC).
● Tax: responsible for Tax compliance in the organization and is ensured via tax filings, tax returns, and follow-up audits
● Treasury: cash flow forecasting and management (execution of payments and collections, liquidity management, and maintaining bank accounts) and reporting to Holding.
● Business Risk & Audit: ensure adequate internal control environment.
● M&A: Local involvement in M&A activities involves market mapping activities to support strategic development, pre-transaction strategic discussions, and the integration phase.
● Procurement: All activities to meet the need for goods, services, and information of the internal customers in an optimal way with clients and distributors.
● Reporting: We support timely reporting of financials and analytics. KPI’s are defined on case to case basis, and they are tracked regularly.
● Accountability: We take complete accountability to complete the assigned task in a timely and compliant manner.
● Strategy: The team drives strategy formulation and helps create a guidepost to navigate the business to reach its objectives.
Advantages of CFO Services
CFO services provide the following advantages:
- Virtual CFO service eliminates geographical barriers.
- Our services save time to initiate mandate and drastically cut downtime than to recruit a new candidate.
- Cost is a big advantage with no fixed commitment.
- The service contract is flexible, and hours can be modified as per requirement.
How much it costs?
CFO services are customized to meet business needs, but this cost is just a fraction of the actual employment cost of a full-time chief financial officer.
SattvaCFO provides CFO services in London & Silicon Valley. Please connect with us.
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