Need a Financial Manager?
When you need a Chief Financial Officer (CFO) but it doesn’t make sense to hire one fulltime, what do you do? Call NorCo CPAs. Our financial manager will review your financial reports, manage risk and assist your with your banking and lending relationships. We are available to companies with annual revenues of $5 – $50 million and who can take advantage of our special expertise in professional services, construction, manufacturing, biofuels, feed yard and production agriculture operations.
Why hire a fulltime internal financial expert? – You could spend $150,000/year doing that. We can offer the same advice and service for a fraction of that cost – AND, offer a fresh perspective. Because we work with a variety of industries, our clients benefit by remaining competitive and up-to-date on the latest in financial management.
Our “CFO for Hire” Is Your Financial Consultant
Being a financial consultant means offering first-hand knowledge that translates into bottom-line profitability. Our CFO for Hire clients benefit from following:
Business Performance Consulting
Our financial consultant will spend time with key personnel, review your financial statements and visit your field or facility for an overall view of your business direction. NorCo CPAs will analyze your operations’ profit centers and advise you as well as implement any changes.
Financial Statement Preparation and Analysis
We work to create the systems and informational data you need to manage your company efficiently. We’ll look at cash flow, debt service demands and financial performance as part of this process.
Risk Management Knowledge
In today’s market, everyone is faced with risk. One misstep can really impact the viability of your company. Risk management means assessing your workers compensation, general liability insurance, bonding companies or hedging. Our financial manager will evaluate these areas to avoid possible lawsuits. We’ll also assist in negotiating the best cost scenario for long-term growth and sustainability.
Financial Systems
We are familiar with a variety of financial software programs and can advise you regarding what systems and features make sense for your operation. We assess your security requirements, determine if it provides accurate real-time information and whether it is user-friendly. We are also available to train your staff so you receive the full benefit of your investment.
Banking Communication
It’s critical in today’s business environment to maintain a close banking relationship. The need to provide timely, accurate information is a large part of the picture. We have the experience, expertise and connections to communicate with your lender and build a partnership of trust.