In today’s environment, executives are expected to do more with less. With the demand to grow profits without increasing overhead, many C-suite professionals are trying to manage it all with limited resources and time. If this sounds familiar to you, turn to Citrin Cooperman’s Office of the CFO (OOTC) practice offering integrated CFO advisory and outsourced services in the areas of financial reporting, budgeting, forecasting and modeling, performance management, and financial decision making.
Even with a fully-staffed department, there are times when companies and clients need additional support due to industry changes, new regulations, special projects, or unexpected transitions. Citrin Cooperman’s professionals are experienced in immersing themselves into organizations across a wide range of industries and have a proven track record of hitting the ground running to provide immediate value.
Our team approach to providing services brings the best talent to the table. With one point of contact, you will have access to our team of experts who will help you assess areas of need, advise you on how to create a practical plan or solution, and implement that plan to achieve desired results.
Strong leadership and exceptional management is vital to any high performing business. Today, CFO’s and C-suite executives are expected to do more with less. To achieve and maintain a high performing company, requires help.
Citrin Cooperman partners with C-Suite professionals helping them to make strategic, impactful decisions that contribute their company’s performance and growth in the areas of:
Whether it’s a one-time special project, an ongoing advisory or consulting arrangement, or filling a temporary vacancy, count on Citrin Cooperman’s Office of the CFO to help you bridge the resource gap. Our team provides oversight and on-the-ground CFO level advisory services, including:
Budgeting, Forecasting & Modeling
Performance Management and Process Improvement
Financial Reporting and Analysis
A large privately held real estate development company was in need of centralized financial reporting to consolidate cash flow statements. The Citrin Cooperman Office of the CFO team assessed their accounting systems and built a blue print to identify new financial reporting protocols. The team also designed a multipurpose database that funneled data from three different accounting systems to generate reports and customized a multi-functional financial application that consolidated 50+ accounting ledgers into relevant cash flow reports/statements. This allowed the client to streamline a highly manual and labor intensive process for maximum efficiency and reduced time and resources dedicated to the process by 75%.
A not-for-profit healthcare organization preparing for an upcoming acquisition was in need of human resource, finance and operational support. Citrin Cooperman’s Office of the CFO team was able to provide revised finance and business department structure, procedures, and roles; act as the onsite Interim Finance Director; transition and automate payroll and accounts payable systems; create financial reports for use during acquisition; assist in onboarding of a new controller; evaluate and assess current personnel for post-acquisition roles; and assist in search and interview process for new employees. In the end, we were able to onboard and train a new senior management team and create structures and controls to help ensure the facility was ready for purchase.