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Senior financial officer with
a passion for reducing costs and improving
profitability.
Over 30 years leadership in
senior financial roles.
Awarded CMA in 1972
Proven track record in
businesses with $2,000,000 to $50,000,000 revenues. |
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I do company “tune-ups” by offering management
review services for contractors who may be concerned
about some aspect of their business, usually
unanticipated losses, poor financial results or
unreliable reports. In short, I assist by performing
an arms-length review of your company.
You can expect a comprehensive report focused on
your problems and concerns beginning with problem
identification and ending with recommendations for
improvement.
These are a few of the areas that I can review:
- Financial reporting – financial statements,
cost reports, accounts receivables, cash flow
- Overhead costs in relation to gross profit –
the Gross Profit Factor calculations
- Purchasing policy – use of PO’s, lump sum
purchases, negotiations and discounts
- Costing system and reporting for short term
jobs
- Cost reporting for timeliness and ease of use
- Labour productivity and HR policies
- Billing and collection procedures – timeliness
and aggressiveness
- Cash flow forecasting system
- Internal control procedures particularly
regarding safeguarding assets
- Profit planning for one year, two years and
five years
- Submit and discuss a detailed report to
management with emphasis on cost
control and reduction, revenue drive, cash flows and
profit improvement
This review will result in ways for you to improve
company profits. That’s a promise!
Wayne
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