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CFO & Controllership Services
Reshape your finance function in an era of disruption.
The right senior-level financial resources at the right time
Increasingly, keeping all finance roles in-house is not always the most efficient approach. It is becoming more common for organizations to rely on agile, professional expertise from third party providers. Our fractional CFOs and controllers apply insights to your business derived from a wide range of experience and client base. This flexibility also allows you to adjust the mandate with us, as your needs evolve.
BDO’s CFO & Controllership Services are helping organizations of all sizes and across all industries with our deep experience in C-level roles and our seasoned knowledge of how to work effectively with key external stakeholders. Whether you are in a time of transition, challenge or unexpected opportunity, we can help fill a short-term talent gap, on an interim or part-time basis, providing the agility you need to be cost effective. We do this with a consistent collaborative approach, ensuring that services match the unique needs of each client and leverage existing capacity, as appropriate.
Our delivery model has resources available both virtually and on a hybrid basis across Canada. Thus, giving you great access to top talent as you require it. Our financial professionals assist with all operational and planning services, including:
- Strategic support for financial planning & analysis (FP&A)
- Robust cash management and cash optimization processes
- Ensuring timely and accurate interim financial reporting
- Financial stewardship and implementing controls over company assets
- Enhance decision making acumen of owners, founders and CEOs with application of financial tools (break even analysis, project profitability, estimating to optimize pricing, contribution margin analysis, resource optimization)
- Bank and stakeholder negotiations
Triggers for our CFO & Controllership
Services
We help our clients address the unique needs of their finance function
based on their organization’s situation.
Growing business
As a business trying to grow and thrive, you may often feel overwhelmed by the ongoing challenges of financial planning and regulatory compliance.
Private lender or bank
As a private lender or a bank preparing to lend to a potential new client, let us conduct a finance function assessment to help provide comfort they will be able to comply with interim reporting requirements and covenants
Scale-up phase
If you are in the scale-up phase of development, you may need a more mature finance department but just don’t have it right now.
Private equity
If you are a private equity firm, CFO and controllership services may evolve with your portfolio of companies, and/or be mandated as part of the purchase.
Private lender or bank
As a private lender or a bank preparing to lend to a potential new client, let us conduct a finance function assessment to help provide comfort they will be able to comply with interim reporting requirements and covenants
Scale-up phase
If you are in the scale-up phase of development, you may need a more mature finance department but just don’t have it right now.
Small or mid-sized private company
You could be a small or mid-sized private company that is embarking on a digital transformation journey and your current finance leader just doesn’t have the right technical know-how.
Featured insights and solutions for CFO & Controllership Services
Resources to support your business
Beyond borders: Navigate your Canadian expansion with BDO
Expanding into Canada presents challenges, but with BDO as your trusted advisor, you have a team by your side to navigate the intricacies of regulations, tax credits, accounting practices, and every step of your Canadian expansion journey.
Finance transformation
Today’s CFO needs to drive change by adopting new tools and approaches, building an efficient and automated finance function, and embracing new talent structures and strategies. As the finance function evolves, CFOs may find capability gaps on their teams. Our expertise can help you enhance capabilities within your finance function, including staff secondments to add flexibility to your talent management. As you lead the team to quickly adapt to a radical operating model transformation, we can support you to:
- Transition to data-driven decision making
- Increase your bench strength of advanced analytics and financial modelling
- Deliver improved value and sustainable business performance
- Enhance your ability to keep pace with market disruptors
Finance transformation
Today’s CFO needs to drive change by adopting new tools and approaches, building an efficient and automated finance function, and embracing new talent structures and strategies. As the finance function evolves, CFOs may find capability gaps on their teams. Our expertise can help you enhance capabilities within your finance function, including staff secondments to add flexibility to your talent management. As you lead the team to quickly adapt to a radical operating model transformation, we can support you to:
- Transition to data-driven decision making
- Increase your bench strength of advanced analytics and financial modelling
- Deliver improved value and sustainable business performance
- Enhance your ability to keep pace with market disruptors
The surprising ways a CFO helps founders raise capital
CFOs play an important role in helping your tech company raise capital throughout the fundraising journey— from the moment the founders consider an equity investment to the second all parties sign documents and beyond.
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Navigating the evolution of EIFEL rules: Part I
The Department of Finance released the final legislation for EIFEL rules.
Our CFO & Controllership Service is in your industry
Reliable information and guidance to manage evolving regulations, new business models, and emerging technology trends to stay ahead of the curve.
Solutions to address key challenges and complex issues—including labour shortages, government regulation, and economic volatility—to help you stay competitive.
Applying innovation—including data analytics, machine learning, and robotics—to help your manufacturing business prioritize and tackle the demanding challenges and key concerns.
Other services you may be looking for
The lean finance departments of today require external support, knowledge, and experience. Whether it's investors, management, or auditors who need accurate financial reporting to make informed decisions, BDO's Accounting Advisory professionals communicate the facts that matter and why they matter, simply and clearly.
Accurate and efficient accounting and bookkeeping are built into the foundation of any successful business. BDO's strategic alliances with best-in-class cloud accounting platforms including Xero, Intuit QuickBooks Online, and Microsoft Dynamics 365—combined with the knowledge and experience of our advisors—allow us to deliver customized, reliable, and data-driven cloud accounting services you can trust.
Technology continues to change the way you operate your business. Exploring solutions—including integrating cloud software, automation, implementing cybersecurity solutions, harnessing data for business decisions, and innovating your employee experience—requires trusted guidance. Our experienced team is focused on helping you unlock innovation for growth and success.
Our CFO & Controllership Service supports the stage your business is in
Growth strategies designed to match your business model, your goals, and your expectations.
Modernize the way you run and manage your business to be relevant in today’s digital world.
Comply with the ever-increasing complexity of accounting, tax, and regulatory reporting requirements on an ongoing basis.
Partners you can trust with your financial operations
Pierre Taillefer
National Sustainability and ESG Leader
Francois Bourgeois
Partner, Business Services & Outsourcing
