Blue Collar CFO Services
Below is a listing of the accounting services that Blue Collar CFO provides plus a detailed job description of a Fractional CFO
1
Fractional CFO
*Month End & Year End Accounting Close
*Financial Statement Preparation & Analysis (Month & Year End Package)
*Budgeting & Forecasting
*Cash Management
*Cost Reduction & Control
*Growth Strategies
*Financial Software Setup & Integration
*Payroll, Tax & Audit Compliance
*Project Accounting
*Small to Midsize Businesses in Various Business Industries
*Full Accounting Cycle Work at a Fraction of the Cost
2
General Accounting
*Accounting clean up, Forensic Accounting (Fraud Investigations & Restatement of Prior Years' Financial Statements and Tax Returns)
*QuickBooks ProAdvisor
*Data Analysis
*International Accounting (IFRS)
*GAAP (Generally Accepted Accounting Principles)
*Mergers & Acquisitions
*Trust & Wealth Management Accounting
*Family Office Accounting
*Not For Profit Accounting
*Bilingual in Spanish & English
*And Any Other Type of Accounting Need
3
Startup Accounting
*Accounting Department Development
*Capital Raises
*Software Planning & Setup
*Scaling of Accounting as Business Grows
*IPO
*SEC Reporting
*FP&A (Financial Planning & Analysis)
*Accounting Process Implementation
*Asset Management
*Investor Relations
*Sales Tax Setup
*Preparation to Sell Business
*Tax
*Years of Experience with Startups
Chief Financial Officer Job Description
The Chief Financial Officer of a company has primary responsibility for the planning, implementation, managing and running of all finance activities of a company, including business planning, budgeting, forecasting and negotiations. The responsibilities also extend to obtaining and maintaining investor relations and partnership compliance.
Accounting:
-Develop foundation of all accounting activities.
-Enact all monthly close activities.
-Establish all financial controls and standard operating procedures.
-Maintain accurate recording of the company’s capital structure. This includes Employee Option Programs.
-Develop and maintain staff buildout and the accounting department (Treasurer-Controller-Staff Accountant-Inventory Accountant).
-Develop inventory systems for all raw materials, work in progress, and finished goods, including periodic physical counts.
-Establish all finance IT systems (inventory, accounting, accounts payable tracking, etc.).
-Evolve all managerial reporting for month end, quarter end, and year end.
-Negotiation and accounting for all capital expenditures.
-Ensure there are effective internal controls in place to comply with Generally Accepted Accounting Principles (GAAP).
-Develop internal auditing procedures.
-Lead 3rd party auditors through quarterly/yearly financial audits.
Financial Planning:
-Drive the company’s financial planning.
-Risk management by analyzing the company’s liabilities and investments. This includes vendor management and cost analysis between vendors.
-Investment strategies for cash and other liquid assets.
-Develop COGS analytics to ensure proper profit margins are being realized.
-Control and evaluate the company’s fundraising plans (financial instruments-LOC, loans, grants, and other financing activities).
-Develop cash flow protocols to ensure cash flow is appropriate for operations.
-Establish and maintain all pricing structures of products.
-Process improvement on all matters that affect the financial strength of the company.
-Manage overall profitability of the company which includes periodic cost analysis and cutting.
-Evaluate and advise on long range planning, introduction of new programs/strategies and regulatory action.
-Prepare cash flow, financial modeling, budget, and data analysis.
Compliance:
-Compliance with law and company policies.
-Develop tax strategies and maintain all tax filings.
-Account for all R&D in order to take advantage of tax credits in the Hemp Industry.
-Creating/reviewing all formal finance, HR, and IT related procedures. This includes payroll compliance and employee benefits (health, dental, vision, life, 401k programs).
-Research and implement all insurance policies for the company.
-Maintain a high level of; integrity, honesty, and dependability with all internal and external parties.