Skip to main content
Halvorsen MeadeAccounting & Advisory

05 · Operations

Outsourced Finance Function

Finance capability at the level a business needs before a permanent finance director is warranted, including forecasting, controls and board-facing reporting.

The context

There is a long stage in a company's life where the bookkeeping is handled but nobody owns the forecast, the covenant schedule or the question of whether the next hire is affordable. This engagement takes ownership of that layer.

Typical scope

  • 01Rolling cash flow and trading forecasts maintained with you
  • 02Budget preparation and variance review
  • 03Financial controls, approval limits and process documentation
  • 04Board and lender reporting packs
  • 05Support during finance-raising or diligence processes

How the engagement runs

  1. 01

    Diagnostic

    We map what currently exists: data, controls, reporting and who relies on each.

  2. 02

    Priorities

    We agree the two or three things that most need to be true within the first quarter.

  3. 03

    Operating rhythm

    A fixed reporting and forecasting cycle is established and run.

  4. 04

    Review

    Scope is re-tested regularly, including whether the work should move in-house.

Commonly needed to begin

  • Recent management accounts and any existing forecast
  • Funding facilities and covenant terms, if applicable
  • Current reporting obligations to boards, lenders or investors
  • The decisions on the horizon for the next twelve months

This is a general indication only; the exact information required depends on the engagement. Sensitive documents are exchanged through arrangements agreed with you, never through this website.

We do not forecast guaranteed outcomes. Forecasts are scenarios built on stated assumptions and are revised as facts change.