One of the questions we are asked all the time is “What is a Virtual CFO?”
A Virtual CFO is a high-level finance accounting and compliance professional, who is able to split time between multiple businesses allowing them to benefit from the skills of a CFO while sharing the cost with other business owners. Every business organization needs the services of a professional CFO to efficiently manage its finance & fund requirements, statutory & tax compliance, Tax efficient structuring of business transactions due to ever-increasing complex regulatory & tough business environment but may not be able to hire a full time experienced CFO due to high cost associated with it. Hiring a full-time CFO for your company demands a thorough evaluation process and with high salaries. A full-time CFO is not the most economical solution. Here BJS India is filling up this gap by offering CFO services at a fractional of cost as compared to the cost of a full-time CFO.
BJS offers the following advantages for its clients’:
Many SME & Midsize companies are unable to afford the services of a full-time CFO and legal departments due to high cost associated with it and we provide the same level of services to such organizations at a fraction of the cost.
One Stop Solution
We offer one-stop shop solution to end-to-end accounting, financial and advisory services and offers a holistically optimal solution to all Financial, Commercial & legal, Payroll, Compliance & HR related issues as our services are under one roof.
Fund Raising Solution
We offer our expertise to facilitate and advise the clients on the fund raising process to meet out their fund requirements for their existing units as well as for setting up a new project.
Focus on core-busines
Once the outsourcing of non-core departments, the CEO can give 100% of his/her time to focus on the core growth areas of the Company which is required the most, in today’s complex and fast-changing contemporary business environment.
Synchronized Working relationship
Our team works hand in hand with the clients as one team to grow their business and scale new heights.
What Can BJS Do For You?
Our clients require help with very specific business challenges. BJS India provides these clients with the right financial insights they need to resolve these problems. In addition to our CFO program, we offer the same quality of service on a single project basis.
The following list contains examples of projects we have completed in the past:
-Development of Budgeting & Forecasting Processes and Systems
-Profitability Analysis, including Break-even Calculations
-Design of Key Business Reports
-Financial Modeling and Analysis
-Investment Due Diligence
-Assistance with Equity and Debt Financing
-Development of Financial Analysis for New Business Plans
-Assistance with Development and implementation of Growth Strategies
-Development of Accounting Processes (A/R, A/P, Procurement, etc.)
-Identification of Key Performance Indicators (KPIs)
-One-time Accounting System Assessment, Catch-up, and Clean-up
-Development of KPI Reporting Processes and Systems