A director and major shareholder approached us seeking comprehensive CFO assistance and a thorough review of their financial operations. The client’s primary concerns included business processes, procedures, tracking, reporting and forecasting.
Our Approach
Upon engagement, we undertook a detailed examination of the client’s existing financial infrastructure. This involved:
- A comprehensive review of all current financial setups
- In-depth interviews with internal staff members.
- Consultations with outsourced contractors, service providers, and the company’s tax agent
Key Recommendations and Actions
Following our initial assessment, we developed a detailed list of recommendations, complete with various options, implementation timelines, and indicative costings. Our key actions included:
1. Cash Flow Management
We introduced a comprehensive yet straightforward monthly cash flow forecast extending to June-2026. This forecast was meticulously designed to link and reconcile with current actuals, providing an accurate and up-to-date status of the business’s financial health.
2. Capital Expenditure Optimisation
We advised on the prioritisation of essential versus non-essential capital expenditure, effectively reducing cash burn and improving overall financial efficiency.
3. Enhanced Investor Relations
Our team assumed responsibility for external investor reporting, instilling confidence through regular, accurate monthly financial reports and forward-looking forecasts.
4. Grant Application Assistance
We provided crucial advice on the timely lodging and obtaining of grant applications. This strategic move resulted in the business securing $0.3M in immediate funding and accelerated their FY25 claim, positioning it for lodgement as early as July 2025.
5. Tax Liability Management
We engaged with the ATO regarding the company’s outstanding tax position. Through skilled negotiation, we secured an agreed monthly repayment schedule to address existing liabilities.
Outcomes
- Our interventions yielded significant positive outcomes for the client:
- Improved financial visibility and control
- Optimised cash flow management
- Enhanced investor confidence
- Secured substantial grant funding
- Established a manageable tax repayment plan
Long-term Engagement
Based on the success of our initial engagement and the value delivered, the client appointed our firm on a rolling 12-month contract for part-time CFO services, ensuring continued financial guidance and support for their growing enterprise.
Looking for expert financial guidance? Keith Wilson, Director at CAAA Corporate Advisory, has helped businesses improve cash flow, secure funding, and optimise financial operations. Let’s see how we can support your growth.
Book your appointment with Keith Wilson on 02 9299 1200 or send an e-mail to keithwilson@caaa.biz today.