SERVICES
Accounting & Finance Function Restructuring
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Financial Process Restructuring
How comprehensive is your view of how you do what you do? What small improvements could be made that would yield big outcomes?
Smart companies ensure financial processes have been adequately captured and are regularly reviewed with an eye towards maintenance of internal controls, scalability of departmental operations, and overall process optimization.
How Cerebra can help you
We tailor our approach to each client and their specific needs. Depending on your requirements we will work closely with the Company's senior executives to plan the approach and to define the strategic outcomes that are to be achieved. Thereafter we involve key personnel in your organization to:
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Define the current situation ("AS IS" environment) and capturing illustrative flow charting
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Identify the root causes of issues identifed
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Develop the future vision to be achieved ("TO BE" environment) and making Best Practices-based recommendations for process
improvements
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Implementation of recommended improvements
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Alignment of functional processes with capabilities of new systems
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Ensuring essential work flows are understood and sustained when an employee departs
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Monitoring process documents to ensure compliance with external regulation
Our consulting assistance is available during the implementation phase, to help expedite the process, resolve conflicts, and keep the project on track. To sustain the change, we can further assist in developing cross-functional performance measures to monitor progress and motivate employees in the continuous improvement process. We can also provide on-going periodic consulting reviews to assure that the improvements remain intact.
Our Finance Function related services also includes the following elements:
- Organization and optimization of Finance Function (maintaining harmonization of Finance Function with other departments and functions of the company)
- Reporting (management reporting and financial reporting)
- Reducing expenses of finance function
- Setting up and/or improvement of information systems
- Conducting financial planning (budgeting, cash and working capital optimization)
- Controlling costs
- Performing tax planning
- Managing risks
- Structuring internal controls
- Setting up and improvements of internal audit
- Ensuring compliance with laws and regulations
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