
Virtual Finance Director
All financial tasks managed with ease
Helping you manage all the financial aspects of your business
If your business has grown and you need assistance managing the finance tasks – we are here to help. HaesCooper can offer you the service of a Financial Director (FD) at a fraction of the cost of employing one. There is also less risk and complication for you, as well as no redundancy and HR employment or compliance issues.
We can provide this service for a fixed fee, calculated based on the amount of FD time you require each week or month.
Our Virtual Finance Director services can include:
Tax Review – we can assess your tax bills on a monthly/quarterly basis and carry out a six-monthly tax planning review.
Monthly or Quarterly management accounts – we can prepare management accounts and include adjustments for accruals, prepayments, depreciation, hire purchase accounts, loan accounts and reconcile all balance sheet items.
Board review and report – we’ll present monthly or quarterly management accounts in board meetings, outlining the position and performance of your company during the last period. We can include a small report, outlining any specific findings, cost savings or improvements that could be made or ideas for discussion with the board.
Unlimited general financial advice phone calls – we are at the end of the phone to chat through finance issues and give general advice and guidance.
One-off projects – we can use the “FD hours” to get involved in one-off projects that require a finance input to help with decision making and/or business performance.
Supplier payments – we can be involved with the creditor payment runs.
Cash flow forecasting – if we are involved with the payment of creditors we can also be involved with weekly or monthly cash flow forecasting. Useful where cash flow is tight, we can help make important decisions and eliminate problems such as unpaid items and related bank charges.
Credit control – we can manage your aged debtors with a set structure of sending reminders, second reminder and further action notices.
Think this is something that could benefit your business? Please get in contact today to discuss a tailored solution that could work for you.