FINANCE TEAM THE
Finance in Sandton

A Project Accountant can focus on a critical deadline-driven project within your business. The process itself of preparing a cashflow will allow you as the business owner, in conjunction with your Chief Financial Officer or senior Financial Manager, to identify future opportunities within the business and leaves you with sufficient time to make arrangements to mitigate any cash shortfalls. So whilst the bottom line is vital, proactive working capital management is critical to the long term success of a business. However many business owners fail to understand the underlying fundamentals, or put aside the time to actively manage this critical business component. At The Finance Team our Financial Managers and Chief Financial Officers have the experience and capabilities to manage the cash flows of a business, identify opportunities for working capital improvement and support the growth of our clients. Having the ability to negotiate favourable and acceptable terms makes an experienced financial executive from The Finance Team a core member of your management team. Focusing on each and all of these components will ultimately result in a growth in the top line of your business. At The Finance Team, our experienced Financial Managers and Chief Financial Officers know the signs of over trading and the solutions that can be employed to ensure that great top line growth doesn’t cripple your business. Knowing how your business generates profits allows you as the business owner to alter the outcome of business activities. Whilst the importance of growing the top line and managing costs cannot be ignored, it is critical to understand the nature of fixed costs and that a change in sales volumes or activities doesn’t necessarily translate into a relative change in fixed costs attributable to each sale. Thus in many instances, increasing top line and cutting certain costs may not have a directly proportional result on the bottom line profitability of your business. As an experienced Financial Manager or Chief Financial Officer from The Finance Team, focus on gross margins and the business’s profit model is a critical area of our service to our clients. Key to this is the business owner having a clear sense of what needs to be achieved. Once milestones have been set, assessements can be undertaken to determine how the business should be structured to achieve these goals and generate the cash flows that will support the overall plan. An experienced financial executive is well positioned to actively contribute to the business planning cycle. Added to this is the complexity that many businesses are run as lifestyle or owner dominated concerns and the challenges with structure become clear. An experienced financial executive from The Finance Team will help smooth the way in providing insight and experience across the wide range of tax issues you may experience as a business. Many early stage companies see finance as merely a function that records what has been done and then have an external audit that examines the past financial performance of the business. Running a business successfully is all about focusing on the key drivers of growth, ensuring that the majority of your business is working within your set parameters and identifying the areas of your business that require your time and attention.An experienced financial manager will assist you to install effective information and reporting systems for your business that get your business moving forward and growing. An experienced financial manager from The Finance Team is able to create a process and control framework that is unique to your business and manages the core risks that could potentially weaken and ultimately cause the demise of the business. Key controls over cash, stock, payments and expenses are a must but there are many business specific risks that require an experienced professional to identify and then mitigate through practical and implementable controls. Issues such as Exchange control, foreign currency risk, import or export tariffs and quotes are just some of the issues that may be relevant. Understanding the risk environment, managing the compliance with both national and international regulatory bodies and ensuring this is all undertaken within a framework that ensures profitability and success for the business is a key concern for many business owners. The Finance Team is able to provide team members that are well versed in many of the risks and regulatory frameworks that businesses face, both in the financial sphere and the associated legal frameworks, enabling them to work with the business owner to ensure compliance and manage risk.