CFO Support Services

We have found a niche in the market where we know that SMEs require a level of financial reporting. However:

1. they struggle to attract the calibre of finance staff to do this; or
2. they can’t afford the financial outlay for either a CFO and / or Financial Controller

This is where Financial Dynamix offers remote CFO Support Services to provide a complete monthly Board Reporting package, enabling SMEs to function with cheaper transactional staff and a CFO. We support businesses in their key strategic decision-making process through the provision of data analysis and astute financial modelling. In fact, our Board Reporting package is so good that in some instances, you won’t even need a CFO.

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Complete Board Reporting Package

This Financial Dynamix Complete Board Reporting Package will include but is not limited to, the following:

• Preparation and presentation of monthly management accounts (including processing of monthly payroll)
• Preparation and presentation of actual vs. budget / forecast results
• Analysis and presentation of KPIs
• Departmental reporting
• Working capital analysis
• Balance sheet and cash flow trends
• Preparation of VAT returns
• Any other financial information as required by management

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Statutory Reporting Package

At Financial Dynamix, we understand that you have to focus on the commercial strategy of the business. Although statutory reporting is a requirement of the Companies Act, it can be cumbersome and an ultimately necessary drain on resource. Our Statutory Reporting Package will include but is not limited to, the following:

• Preparation of statutory year end accounts (UK GAAP – FRS 102 compliant / IFRS).
• Preparation of audit packs to ease the undue pressure and stress of a statutory audit.
• Guidance on processing of any adjusted errors as per audit findings.
• Preparation of corporation tax computations

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