Services

• To enable the management team to make informed rational business decisions, make improved communication internally, leverage the strength that the business has acquired for achieving higher levels of efficiency.

1.B. Budgeting

• Preparation of Strategic business and operating plans for a span of 3-5 years in consultation with the board and management team, translating into the annual business plan / annual budgets.
• KPIs for all departments basis the strategy for the business.
• Measurement of performance Vs targets, variance report and suggested catch up plans for budgeted results quarter on quarter, changes in short term plans and targets as needed to achieve the strategic roadmap drawn out for the business.
• Play the role of a transformation agent through continuous tracking of performance, communication, and be a catalyst for achievement of targets. Will extend strategic guidance.
• Will extend the role of a mediator for change, challenge the status quo, implement progressive budgeting methods, get the buying of managers, and improve the budget alignment to operational targets.

1.C. Financial Business Partnering

• Make the finance function more robust through the tracking of financial and business performance, analysis and recommend actions to help decision making in relation to the strategic objective set for the growth of the business and or to create value for the stakeholders.
• To help and assist the business to be financially stable.
• Actively involve and partner with all other functions of an entity to help improve the business.
• To identify the business risk that the entity is exposed to drive operational change, help implementing the commercial goals set, build partnerships inside and outside of the organization for effective achievement of corporate goals that the entity is targeting to achieve.
• Will provide the valuable link between the management team and the finance function for coordinated effort to achieve corporate objectives.
• Can and will stretch beyond the financials to make recommendations and to support decision making.

1.D. Risk Assessment and Mitigation

• Identify and assess the potential risk that the business faces in its journey towards achieving the strategic objectives that are set.
• Project the impact of the risk that the business faces, draw plans to navigate for achievement of business goals and target to mitigate the impact.
• Help implement plans to ward off all possible business, financial, legal, and other operational risk that the entity is facing, basis the prioritization of maximum risk aversion within the shortest possible time.
• Can cover all financial and operational risk areas as per the listed requirements of the business, the topics ranging from credit risk, financial risk, operational risk, legal risk, compliance risk to enterprise risk.

1.E. Compliance Support

• Cover all functional compliance across the board:
• o Statutory Obligations
• o Legal and Secretarial
• o Tax Laws
   Direct Tax
   Indirect Tax
  
• o Assurance and Audit

1.F. Treasury Function

• Cash flow statements, review, assessment, and recommendations to course corrections covering topics of unlocking WC stuck with slow moving inventory, investments etc.
• Can extend to managing day to day cash management if need be.
• Managing the borrowing:
  o All requirements of traditional lenders including DSA statement submissions, working out the DP, work with ASMs, rating agencies etc.
  o Post funding requirements of other lenders including the tracking of financial performance Vs commitments made to debt managers.
• Raising of new funds for business:
  o Debt funds
  o Equity Investments
  o For different types of funds raising, preparation / readying the financials, legal and commercial due diligence, business plans, recommending structural changes, recommend the best way for the flow of cash, handling of M&A steps if need be.
• Handling Investor relation, communication and co-ordination during the pre-investment and post investment jobs, representing the client.

1.G. Cost Management

• The Cost Management services offered will follow the specialized skill to reduce the cost of operations / optimize the resource allocation, thereby avoid the risk of cost overrun while enhancing the enterprise value for the business.
• Making positive outcomes on all functional contribution to the business can be the key deliverable target and is not about the restrictive job of reducing the cost at any cost.
• Even on cost management, the focus will remain on the delivery of plan objectives. The efforts will be on to maximize efficiency than making reductions in cost of operations that could affect the delivery of set targets.

1.H. Audit Support

• Help business handle the statutory audit outcomes including planning for early closing with minimum adjustment. Can attend to queries, completion of audit files a closing file preparation and attending to auditor’s requirement list to issue the audit report.
• Make the whole work of audit a professional one, representing the management team. Efforts will be made to close, consolidate and publish the annual accounts in a robust manner for making it investor and shareholder friendly.
• Improve the quality of publication of financial statement – both financial data and non-financial section.
• Reduce the team effort needed to close the financial statements through early-stage preparations and avoid any possibilities of a qualification in the audit report through pre-emptive efforts.
• Articulate and coach finance / operations team on all amendments that affect the annual financial statements and its presentations. The relevance, impact and compliance requirements of all amendments will be communicated and impressed upon. This can cover amendments / new list of requirements under MCA, IND AS, ICAI regulations etc. Also, to cover requirements on non-financial reporting metrics like CSR, BRSR, Employee Benefit data under code of social security etc.