CFO Outsourcing Services

One of the hottest trends in the industry has been the outsourcing of certain strategic accounting positions (CFO, Controller, Contracts Administrator) as well outsourcing of the entire accounting department.  This frees up companies to utilize their scarce time and resources in pursuing growth and profitable operations of their business.

The government contracting industry requires unique knowledge and financial skills of its financial personnel.  Many emerging companies have the need for this high-level expertise, but until they reach a certain size, the position is not a full-time job.  We provide a perfect bridge solution till this effort is brought in-house.

With a team of former CFOs and Controllers of government contractors, we can offer temporary (for emerging companies) or permanent outsourcing (typically for larger companies), including complete accounting department outsourcing, as a cost-effective solution to hiring full-time accounting professionals. 

Our experienced professionals are available to:

•           Provide strategic advice and planning

•           Develop and implement the internal control structure and financial reporting system

•           Performance of specific tasks or oversight of specific projects

•           Compile monthly financial statements and payroll tax returns

•           Tax planning and preparation of corporate and personal returns

•           Budgeting, forward pricing and cash-flow projections

•           Debt and equity capital raising

•           Assist with monthly closings

•           Selection and implementation of accounting packages

Our clients range from funded start-up contractors to large international corporations, though the vast majority are emerging-growth contractors including venture capital backed entities. 

Cost Accounting System Analysis and Implementation

The financial information prepared for a company’s analysis is only as good as its accounting system is able to produce.  By performing a detailed analysis of a company’s cost accounting system, we can provide recommendations to improve its utilization and effectiveness to the company.

If the system is determined to be inadequate for the client’s needs, we can assist in the selection and implementation of a new system.  We have extensive experience with systems favored by the government contracting industry such as Deltek and Costpoint, and other job costing packages such as QuickBooks, Peachtree and Solomon.  We are also an Alliance Partner with Deltek.