Services / Finance Operations
Finance Operations. A finance function built to scale with the business.
Reliable numbers depend on reliable processes. We design the month-end close, controls and reporting systems that allow a growing company to produce accurate information quickly, without adding unnecessary cost or complexity.
When this helps
- Month-end takes weeks rather than days
- Reports are assembled by hand from several spreadsheets
- Controls depend on one or two individuals
- The business is preparing for an audit, investment or acquisition
What is included
The scope is agreed around the decisions in front of you. A typical engagement draws on the following.
Month-end close
A documented close calendar and checklist, with clear ownership.
Internal controls
Proportionate controls over cash, payments, revenue and payroll.
Chart of accounts
A structure that supports the reporting management actually needs.
Reporting automation
Dashboards and reports that update from your accounting system.
Systems selection
Advice on accounting, planning and expense tools as the business grows.
Policies and procedures
Practical finance policies that your team can follow.
Deliverables
- Close calendar and checklist
- Project
- Controls matrix
- Project
- Revised chart of accounts
- Project
- Management dashboard
- Project
- Finance policy manual
- Project
How it works
A clear sequence, so that you see value early and nothing is built that your team cannot own.
Review
Map current processes, systems and pain points.
Design
Agree the target close, controls and reporting approach.
Implement
Put the new processes and tools in place with your team.
Hand over
Document everything and confirm the team can run it independently.
Questions
Do you implement software?
We advise on selection and oversee implementation, working with the vendor or an implementation partner where specialist configuration is needed.
Is this suitable for a small finance team?
Yes. Controls and processes are sized to the business, and designed to work with a small team.
Can this be combined with a retainer?
Yes. Many clients begin with a finance operations project and continue with a monthly retainer.
Other services
Most clients combine two or more services as their needs develop.
Discuss finance operations. Thirty minutes, without obligation.
Tell us where the business is headed and what stands in the way. Or write directly to alberto.salas@blackbearcorp.com.
Book a consultation