Interim Finance Consultancy
Interim Finance consultancy, to provide effective support for all your interim Finance consultancy needs, including the following examples;
* Preparation of consolidated statutory annual accounts and liaison with auditors
Under the terms and conditions of the ESFA funding agreement with the corporation the preparation of accounts are required each financial year in accordance with the SORP (The Further and Higher Education Statement of Recommended accounting Practice interprets (FRS102), the new standard for universities and colleges.)
* Monthly management accounts incl. VAT
Management accounts are a powerful source of management information which brings together data about actual performance to date and projections for the full year. Our expert interim Finance consultants will allow senior managers and corporation to take stock of progress towards achieving operational and strategic objectives. In particular, KPIs against Cash days, Creditor days, Payment performance data, Current ratio, Gearing, Treasury performance, Financial health rating and Efficiency and bench-marking measures can be reported.
* Budget preparation
Our interim Finance consultants will ensure that relevant budget holders are engaged in any discussion about budgeting forecasting, as they have a closer view of the likely full year outcome and are more likely to take 'ownership' of their budget.
* Negotiations with HMRC re: rebates
* Accounting for the major capital project
* Day to day management of the College’s Finance Department
Our interim Finance consultants have extensive experience in the supervision, direction and training of the finance staff.
* College cash flow modelling and associated treasury management
Our expert consultants are experienced in the management of the College’s cash flows, banking, money and capital market transactions are
able effectively to control of the potential risks and able to improve payment performance issues.
* Development and upgrading of accounting system
Whether you are using UNIT4/Agresso, Oracle Financials, Symmetry, Civica Resource, Advanced Business Solutions or need to review your Payroll software our interim Finance consultants have the breadth and depth of experience to support these projects.
* Review of the College’s accounting procedures and controls
Looking to cut costs and promote business efficiency? We can bring our extensive experience to bear on accounting procedures and controls, which may have developed organically in response to ad-hoc requirements and become dated and inefficient.