Outsourced Financial Leadership
Outsourced Financial Leadership from The Smart Team.
When we talk to businesses about outsourced financial leadership one of the most frequent responses is;
“But I already have an accountant, why do I also need a virtual finance director?”
In short, outsourcing to a virtual finance director is like having a single point of accountability for growth strategy, funding, and cashflow management amongst other business critical functions.
Our proven commercial experience just cannot be matched by a
typical compliance firm of accountants.
typical compliance firm of accountants.
In order to succeed a business needs strong and experienced financial leadership to deliver profitable growth. Access to the right management information, supported by efficient financial systems, will truly inform your strategy for future growth.
And yet, employing a full time Finance Director and Finance Team is expensive, time consuming and often unrealistic for scale up and emerging businesses.
The Smart Team was created to help exactly those sorts of businesses.
//////////////////////////////////////////////////
Part Time Finance Directors
When you’re a small business looking to grow, managing your finances and cashflows to maximum effect is everything. You might not feel equipped with the right skills to do that but employing an experienced Finance Director is costly and can be risky if it doesn’t work out.
There is another option – a dedicated experienced Virtual Financial Director.
Using The Smart Team Outsourced Finance Director service gives you, the business owner, and your business:
- Access to highly experienced Finance Directors and Finance Leaders who embed flexibly into your business without the longer-term commitment to a hefty salary bill.
- Reduction in risk, keeping your business model lean and agile. No worries if you’ve employed the wrong person.
- Increased confidence. The wisdom and expertise of a commercially experienced FD who you can build a trusted relationship with.
- Increased efficiency – introduction of financial processes.
- More informed decision making supporting your strategy, direction and growth through accurate financial information and direction.
- Freedom to concentrate on building your business. The outsourced FD deals with compliance and financial processing issues.
- The outsourced finance service is tailored to match your needs now and as your business changes. You only invest in what you need when you need it.
Get in touch today to arrange a free half-hour discovery call.
What an Outsourced Finance Director can do for your business
- Act as a Wingman (or woman!) to the CEO
- Design, Implement & Streamline Financial Processes & Controls
- Build, Lead & Develop the Finance Team
- Establish and oversee the reporting of KPIs and Financial Analysis
- Implement & Lead Business Planning with fully integrated budgets, including profit and loss, balance sheet and cashflow.
- Advise on cash flow management
- Raise additional finance and funding
- Support for Carve outs and other acquisitions
- Maintaining relationships with banks
- Attendance at board or management meetings as required
To find out more about how The Smart Team can support you and your business email hello@thesmartteam.co.uk
Or book a free half-hour discovery call with Tracy Smart .
What Our Clients Say
//////////////////////
By working with The Smart Team, we now have more clarity on the impact some of our operational processes have on financial reporting and controls, and we are implementing better control processes to help the handover of information from the Ops team into Finance.
Technically very able, Tracy has the rare skill of turning Finance into something real and meaningful that everyone can buy into.
The drive, honesty, and passion to develop the team, along with all the other skills a seasoned FD has, make Tracy someone really good to work with.
Tracy quickly understands the big picture whilst also appreciating the detail. Tracy is driven to deliver to deadlines, collaboratively finding solutions when issues arise.
The financial information she provided facilitated decision making throughout the planning and implementation of a major restructuring of my department. As my finance partner, she was a highly valued and committed member of my management team. Tracy provided robust financial control and actively resolved a host of legacy issues, she raised appropriate challenges and always acted with integrity.