This week’s article is by Michael K. Menerey, Partner, CFO Edge, LLC.
When a company must address a specific project and needs high-level financial expertise not available internally, it can benefit by hiring a Project CFO.
An on-demand Project CFO brings authoritative solution expertise and focuses on a clearly-defined project, although there can frequently be sub-projects that need to be completed to achieve the overall project goal.
For example, the overall goal of preparing a financing presentation to obtain funding may require completing an audit, completing restatements or making financials GAAP-compliant.
Reviewed in this week’s PDF…
…are nine scenarios that illustrate financial and operational challenges effectively resolved by an on-demand Project CFO.
A former enterprise CFO acting in the role of a Project CFO applies needed expertise and bandwidth to prioritize project elements and move them along to successful completion.
This is the first in a series of three articles on the types of outsourced CFOs. Following are links to the other two articles in the series: