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CFO Support Services
CFO Support Services offers scalable financial expertise tailored to meet the needs of start-ups, growing companies, regional groups and management teams who need help in executing key responsibilities of a CFO for the business beyond compliance. Backed by RSM Stone Forest’s accounting, tax, payroll, corporate services and technology teams, our CFO support is fully integrated, spanning all key finance functions, not just regulatory compliance.
In today's competitive landscape, effective financial decisions are crucial for sustaining growth. A growing organisation can greatly benefit from the insight of a seasoned finance professional embedded in the business - similar to the role of a Chief Financial Officer (CFO) in larger organisations.
Many growing enterprises are not yet ready, operationally or financially, for a full-time executive. Our outsourced CFO support bridges this gap by providing strategic financial guidance without the commitment of a full-time hire.
Performance Management
- Financial dashboard development and management
- Operational KPI tracking and monitoring
- Financial performance analysis and management reviews
Budgeting & Forecasting
- Setting up annual budgets and financial forecasts
- Budget versus actual performance monitoring and discussion
- Short-term financing planning and cash flow budgeting
Treasury & Cash Flow Management
- Working capital management
- Cash flow projections and monitoring
- Treasury support and liquidity planning
Pre & Post M&A Support
- Pre & Post acquisition or disposition integration support
- Harmonisation of performance and reporting frameworks
Project Management & Finance Transformation
- Finance function reengineering and transformation
- Accounting system implementation support, including UAT testing
- Process and workflow improvements
SWAT Accounting
Quick Turnaround
Our SWAT Accounting team springs into action at short notice to attend to non-routine accounting work that requires quick turnaround. Speed is of the essence.
Clients are often referred to SWAT Accounting by banking, corporate finance and litigation professionals who require financial statements prepared at short notice.
In SWAT Accounting, we help to:
- Clear accounting backlog and resolve "messy" or incomplete accounts
- Prepare financial statements to meet audit deadlines
- Expedite the preparation of financial statements for urgent submission to banks & financial institutions
- Reconstruct accounts from incomplete or missing records
- Provide financial analysis and preparatory work for Initial Public Offering (IPO) assignments
CFO2SME
As businesses grow, strong financial leadership becomes essential. However, hiring a full-time CFO is not always practical or cost-efficient. CFO2SME™ bridges this gap by providing experienced finance professionals who work closely with your business to support sustainable growth.
Professional Care of your Organisation's Financial Health
With CFO2SME™, you gain ongoing or periodic support to manage your organisation’s financial health with confidence. We proactively identify risks, uncover opportunities, and deliver actionable insights to improve profitability and cash flow, ensuring you stay ahead in a competitive environment.
Like having a CFO of your Own?
Our CFO2SME™ professionals acts as an extension of your team, offering the same strategic insight and involvement as an in-house CFO, tailored to your needs, whether on an ongoing, project-based or ad-hoc basis.
Beyond day-to-day oversight, we take a proactive approach to improve profitability, optimise cash flow, and strengthen decision-making as your business evolves.
Our CFO2SME™ services include:
- Business and Strategic Planning
- Cash Flow Management
- Cost Analysis and Optimisation
- Financial Management and Oversight
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Loans and Financing Management
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Management Reporting
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Tax Planning and Management
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Working Capital Management
Frequently Asked Questions
What are CFO Support Services, and how can they help growing and evolving businesses?
CFO Support Services provides businesses with access to experienced financial leadership support without the cost of hiring a full-time CFO.
Our team supports business owners and C-suite management by strengthening financial oversight, improving reporting visibility and helping management make informed decisions based on reliable financial insights.
This includes
- Financial performance reviews
- Budgeting and forecasting
- Cash flow management
- Strategic financial guidance to support growth, restructuring or expansion.
When should a business consider engaging CFO Support Services?
Businesses often consider CFO Support Services when they require stronger financial oversight, structured financial planning, or additional finance leadership to support growth and operational complexity.
Common situations include:
- Rapid business growth or expansion into new markets
- Providing local finance support to a Regional or Group CFO based overseas
- Preparing for bank financing, investor discussions or funding requirements
- Limited internal finance resources to support management decision-making
- The need for structured budgeting, forecasting and financial performance monitoring
- Periods of transition such as acquisitions, restructuring or new business initiatives
In these situations, CFO Support Services can help strengthen financial visibility, improve planning and reporting processes and support both management decision-making and statutory compliance requirements.
What are the key benefits of CFO Support Services?
For many businesses, financial management is often focused on compliance rather than strategic insight. CFO Support Services help bridge this gap.
Key benefits include:
- Better visibility over financial performance and profitability
- Structured budgeting and financial planning
- Improved cash flow management and working capital discipline
- Independent financial insights to support management decisions
- Support when engaging banks, investors, or stakeholders
This allows business owners and management to focus on operations while having a stronger financial framework to support growth.
Can you support regional headquarters or subsidiaries of overseas groups?
Yes. We frequently work with Singapore entities that are part of larger regional or global groups.
Our support typically includes:
- Aligning local accounting records with group reporting requirements
- Preparing financial information for head office reporting
- Supporting multi-entity or regional reporting structures
- Coordinating with overseas finance teams and auditors
- Ensuring compliance with Singapore statutory and tax requirements
This allows overseas management teams to maintain visibility over the Singapore operations while ensuring local regulatory compliance.
How does CFO Support assist with regional expansion and M&A activities?
CFO Support provides integration support for acquisitions, harmonisation of reporting and regional entity management with both inbound/outbound expertise.
Can you support companies whose financial reporting is prepared under another accounting framework?
Yes. Many regional or foreign-owned companies maintain their internal or group reporting under international accounting frameworks.
Our team supports the localisation of financial records for Singapore statutory and regulatory requirements by maintaining the books in accordance with the provisions of the Companies Act 1967 (‘the Act’) and Singapore Financial Reporting Standards (SFRS), while aligning financial information with applicable Singapore reporting and tax requirements.
This ensures that while companies continue to meet group reporting requirements, their local statutory obligations, tax filings and regulatory submissions in Singapore remain compliant and properly supported.
What is SWAT Accounting? How does SWAT Accounting team help businesses with quick financial turnarounds?
SWAT (Special Weapons and Tactics) Accounting refers to rapid-response accounting and finance support during critical situations. The SWAT Accounting team steps in to handle urgent accounting or audit support requirements, including situations such as:
- Accounting backlogs or incomplete records
- Urgent audit or reporting deadlines
- Financial information required for lenders or investors
- Reconstruction of historical financial records
- Transitional periods such as restructuring or management changes
Our team can quickly step in to prepare audit-ready accounts, reliable financial statements and help bring the finance function back on track.
How does outsourced CFO support help with budgeting and forecasting?
Outsourced CFO support helps businesses establish structured budgeting and forecasting processes aligned with operational goals. This typically includes:
- Establishing annual budgets aligned with business strategy
- Preparing cash flow forecasts and financial projections
- Monitoring budget versus actual performance
- Analysing variances and identifying operational trends
- Highlighting potential funding gaps or financing needs early
This process helps businesses move from reactive financial management to proactive financial planning.
What specific services are included in Treasury & Cash Flow Management?
Treasury and cash flow management focus on ensuring that businesses maintain sufficient liquidity to support operations and growth.
Our support typically includes:
- Cash flow projections and scenario planning
- Working capital analysis (receivables, payables and inventory cycles)
- Monitoring short-term liquidity and financing requirements
- Identifying opportunities to optimise cash utilisation
These insights help businesses maintain financial stability and avoid unexpected cash constraints.
What is the role of CFO2SME™ in helping small businesses grow?
CFO2SME™ provides tailored financial expertise to small and medium-sized enterprises, allowing businesses to access CFO-level without the cost of a full-time CFO.
Services may include:
- Profit improvement initiatives
- Financial management support
- Performance review
- Strategic financial guidance
These services help businesses strengthen profitability, sustainability and long-term growth.