InBridge Consulting has researched and offers for consideration a list of the main competencies and tasks of the CFO, the use / implementation of which will allow your business to have additional competitive advantages and serve as a stable source of development.

Core competencies and tasks

1. Control over the management accounting of the Company
2. Development and implementation of management accounting policies
3. Consolidation of reporting with related parties (legal entities and individuals)
4. Management of the Company's profitability
4.1. Calculation of the break-even point of the Company, distribution channel, separate SKU.
4.2. Calculation of the safety margin (Margin of safety) of production and sale
4.3. Calculation of the operating leverage (Opetating leverage)
4.4. Ensuring break-even activity of the Company, distribution channel, separate SKU
5. Management of the Company's working capital
5.1. Budgeting
5.1.1. Drafting and negotiating a budget resolution with the Owner and / or General Director
5.1.2. Development of a draft order for the implementation of a budgeting system
5.1.2.1. Determination of the budgeting methodology
5.1.2.2. Development of regulations for the formation of budgets
5.1.2.3. Development of a budget system
5.1.3. Approval by the General Director of the order on the implementation of the budgeting system
5.1.4. Controlling the timing of budgeting
5.1.5. Preparation of the forecast balance (Balance)
5.1.6. Drawing up a consolidated forecast profit and loss statement (P&L)
5.1.7. Drawing up a consolidated forecast cash flow statement (Cash Flow)
5.1.8. Coordination of consolidated forecast reports P&L and Cash Flow and, accordingly, the consolidated budget (Balance) with the Owner and / or General Director of the Company
5.1.9. Budget execution control
5.2. Control over the Company's liquidity
5.2.1. Ensuring the adequacy of working capital to repay its short-term liabilities within optimal values
5.2.2. Compliance with the optimal values ​​of the Company's ability to pay off current obligations in a very critical situation and with a low liquidation value of inventories at the expense of cash and receivables
5.2.3. Compliance with the optimal values ​​of the Company's ability to pay off current obligations in a very critical situation and with a low liquidation value of reserves at the expense of cash
5.2.4. Control of the normative value of the degree of dependence of the Company's solvency on stocks and costs in terms of the need to mobilize funds to pay off its short-term liabilities and factors affecting the negative trend
5.2.5. Ensuring high-quality liquidity of the Company's balance sheet
5.2.6. Control of the Company's solvency according to balance sheet data
6. Control of the risks of insolvency of the Company or its counterparties and factors affecting them
6.1. Analysis of the likelihood of insolvency of the Company or its counterparties using a two-factor model
6.2. Analysis of the likelihood of insolvency by the five-factor model of E. Alman
6.3. Analysis of the probability of insolvency according to the modified version of the five-factor model by E. Alman
6.4. Analysis of the probability of insolvency according to the Springgate model
6.5. Analysis of the probability of insolvency according to the model of G. Fox
6.6. Analysis of the likelihood of insolvency by the universal discriminant function
6.7. Analysis of the probability of insolvency according to the Tuffler model
6.8. Analysis of the probability of insolvency according to V. Parenay's model
6.9. Analysis of the probability of insolvency by rating number
7. Monitoring the indicators of the Company's business activity
7.1. Submission of proposals to the Owner and / or General Director to optimize the financial cycle of the Company
7.2. Development of measures to reduce the Company's operating cycle
7.3. Assessment of financial investments in assets
8. Control over the turnover of assets (total, inventory, accounts receivable)
8.1. Research of factors that negatively affect the duration of the turnover of the Company's assets
8.2. Calculation of the effect of acceleration (deceleration) of asset turnover
8.3. Sorting assets by turnover in order to identify the least current assets
9. Ensuring optimal turnover of accounts payable
9.1. Calculation of the average maturity of accounts payable and factors that negatively affect
9.2. Calculating the effect of accelerating or decelerating accounts payable turnover
9.3. Sorting liabilities by turnover in order to identify the most current assets
10. Control over the turnover of equity capital
10.1. Determination of factors that negatively affect the duration of one turnover of the Company's equity capital
10.2. Calculating the effect of acceleration or deceleration of equity turnover
10.3. Submission of proposals to the Owner and / or General Director to accelerate the turnover of equity capital
11. Ensuring the financial stability of the Company
11.1. Management of the structure of assets by redistributing them in favor of a more mobile part (current assets)
11.2. Ensuring the optimal share of equity in the total amount of funds
11.3. Control of the optimal level of the ratio of borrowed funds and equity capital
11.4. Ensuring a high level of own working capital in circulation, and not in capitalization
11.5. Ensuring the flexibility of equity capital (part of equity in circulation) with the aim of flexibility in the use of the Company's own funds
11.6. Ensuring the stability of the Company's financial condition by systematically increasing the share of short-term liabilities in total assets
11.7. The Company's compliance with the share of long-term liabilities in equity capital within optimal values
12. Ensuring the efficiency of the Company
12.1. Control over the return on assets
12.2. Control over the return on equity
13. Approval of the policy for the management of current assets
14. Working capital management
14.1. Cash management
14.1.1. Calculation of the optimal cash balance
14.1.2. Control over the balance of funds
14.1.3. Maintaining an optimal balance of funds
14.1.4. Creation of a reserve of funds in case of unforeseen events
14.1.5. Accounting for a range of seasonal balances
14.1.6. Control of the aggregate cash flow
14.1.7. Drawing up and monitoring the execution of the payment calendar
14.2. Accounts receivable management
14.2.1. Control system development
14.2.2. Determining the reliability of the buyer and differentiating the provision of deferrals and installments
14.2.3. Determination of debt collection policy and eligibility level
14.3. Inventory Management
14.3.1. Optimization of the size of the main groups of stocks
14.3.2. Assessment of reserves in the context of inflation
14.3.3. Calculation of update point order
14.3.4. Safety stock calculation
14.4. Financing current assets
14.4.1. Analysis and evaluation of net working capital
14.4.2. Calculation of the optimal amount of current financing of current assets
14.4.3. Calculation of the optimal volume of funding sources for current assets
14.4.4. Debt potential assessment
14.4.5. Minimization of risks and costs associated with the formation and use of current current assets
14.4.6. Compliance with the optimal structure of short-term financing
15. Analysis of the Company's investment projects
15.1. Calculating the net present value (NPV)
15.2. Taking into account the payback period (PB) when analyzing the effectiveness of an investment project
15.3. Calculating discounted payback period (DPB) of projects
15.4. Determination of the level of return on invested capital (ROCE, ROI)
15.5. Calculation of the internal rate of return of the project
16. Ensuring compliance with accounting methodology
17. Optimization of the Company's tax burden
18. Control over the reservation of management accounting documentation
19. Control over ensuring confidentiality of management accounting records
20. Development of the Company's economic security policy
21. Implementation of interaction with banks
21.1. Covenant negotiation
21.2. Monitoring the implementation of covenants
21.3. Control over accounting transactions with deposit and credit agreements
21.4. Taking measures to preserve the mortgaged property
21.5. Control over the repayment of debt to banks on loans in due time
21.6. Search for sources of refinancing
22. Monitoring the financial condition of competitors
22.1. Analysis of competitors' financial statements
22.2. Analysis of the register of court decisions on the subject of claims for debt collection
22.3. Analysis of other subjects of litigation of competitors in the register of judgments
23. Control over the preservation of management accounting documents
24. Modeling financial processes
24.1. Building a financial model of the Company
24.2. Building models of individual business processes
24.3. Construction and analysis of a matrix of interdependencies of factors of individual business processes
25. Accompanying inspections by regulatory authorities