There comes a time when a small but growing business needs a sharp financial advisor to handle increasingly complex transactions. However, budget constraints may not allow for a full-time CFO-level resource on their payroll.
Look no further. At Bronzeagle, we offer the perfect solution to cater to your unique financial and accounting needs. We believe in being a growth partner for our valued clients, assisting startups, SMEs, and larger organizations across the UAE. We provide outsourced or temporary CFO services, maintaining a roster of highly trained and experienced financial advisors. These advisors can be designated as strategic partners or managers within organizations, offering valuable on-call support across the spectrum of financial activities, from handling critical transactions to day-to-day tasks like following up on receivables. These managers perform deep-rooted analyses of client needs and offer pertinent advice to create a resilient and strong business foundation.
Our virtual/part-time CFO services across the UAE ensure that our clients receive top-notch services at a fraction of the cost of hiring a permanent resource. We offer a flexible payment plan, allowing clients to pay an hourly rate or a fixed retainer fee. This flexibility provides clients with the freedom to choose the level of engagement that suits their time and budget needs. Our scalable arrangements ensure that clients receive the best service at the most convenient times.
Our CFO facilitation services span Sharjah, Dubai, Abu Dhabi, and other emirates in the UAE. Our team of astute and experienced financial professionals has years of experience tackling various financial challenges and a sound understanding of local market practices. As approved auditors in all the free zones, we can address multivariate and complex business challenges.
We encourage you to arrange a no-obligation meeting with our top management to better understand our CFO services in Dubai and elsewhere in the UAE.
Reconciliation compares two sets of records to ensure accuracy and agreement, confirming that the general ledger is accurate. Backlog accounting deals with unearned revenues due to various reasons, highlighting inefficiencies in the production and management process.
A virtual CFO helps navigate high seasons, implement strategies for future goals, and provide practical business advisory tips. These services help monitor resources and manage revenue and cash flows.
The need for a CFO varies by business. While many businesses don’t need a CFO, a small to mid-sized business might need a controller to manage the bookkeeper and accounting teams while acting as a de facto CFO. The decision depends on the individual business’s budget and needs.
A CFO consultant provides fractional, interim, and project-based CFO consulting services. They have strong risk assessment, leadership, and decision-making skills to assist with outsourced CFO services.
Typically, a company hires a CFO when it reaches $50 million in annual revenue. Before that, they might hire a controller if their revenue is between $1 million and $10 million. When a business needs a financial lead, hiring a CFO is a good choice.
The decision to hire a CFO varies. Many small to mid-sized businesses might not need a full-time CFO but could benefit from a controller to manage financial operations. The decision depends on individual needs and budget.
A small company can benefit from hiring a CFO to strengthen its financial position. A CFO is responsible for forecasting the organization’s financial standing based on operational and financial data, providing strategic direction, and leading the accounting team.
Subscribe to our newsletter and we will keep you informed about upcoming webinars, news, events and updates to our products.
Copyright© 2024 Bronzeagle, All rights reserved.
