Rent a CFO
A senior CFO in exactly the scope your company needs right now. We help you set up budgets, cash flow, reporting and financial processes so that management makes decisions based on numbers it trusts. Without hiring a full-time in-house CFO.
Rent a CFO is a flexible financial management service from Forvis Mazars in Slovakia. We combine the experience of finance experts with a practical business perspective, so that your finances are not just processed, but managed.
You have accounting. But who manages your finances?
Many companies have reliable bookkeeping and their basic finance agenda under control. As turnover, headcount and business complexity grow, however, there comes a point when this is no longer enough. The numbers exist, but they do not turn into decisions. Cash flow is handled ad hoc, the budget is prepared once a year and reporting does not give management the answers it needs.
At this stage, a company needs a CFO. Hiring a senior full-time CFO, however, is costly, takes months and does not yet make sense for many companies. Rent a CFO gives you the same level of expertise, in a scope that matches your current situation.
Who the service is for
Small and medium-sized companies
The owner or CEO also makes the financial decisions, but lacks a partner who can turn the numbers into clear recommendations. We help you gain visibility, control and confidence.
Growing companies
What worked at a lower turnover is no longer enough. Processes lag behind the business, and planning, budgets or management reports are missing. We help you professionalise financial management without immediately hiring an expensive senior person.
Companies in transition
A CFO departure, a change of management, expansion, restructuring or preparation for investment. An experienced CFO quickly steps into the situation, stabilises your finances and guides the company through the specific phase.
Five signs your company needs a CFO
Rent a CFO makes sense especially if:
- the owner or CEO makes financial decisions alongside everything else on their agenda
- you only see the full picture of your results in the annual financial statements
- you deal with cash flow only when money runs short
- your bank, investor or parent company asks for documents you do not have ready
- your company is growing faster than its financial processes
What we do for you
The service is built from modules. You can start with the one that is most pressing, or opt for comprehensive financial management support.
Financial planning & budgeting
Annual budget, rolling forecasts, plan versus actual comparison and financial models for investment and growth decisions.
Cash flow & working capital
Liquidity planning and monitoring, management of receivables, payables and inventory, and early detection of risks that could threaten the company's stability.
Management reporting & controlling
Key performance indicators and clear reports for management, monthly performance reviews and setting up controlling.
Financial processes, systems & automation
Clear allocation of responsibilities, closing and approval procedures, efficient cooperation with the accounting team, and support in selecting and implementing financial systems. We also help automate routine tasks and reduce the administrative burden.
Banks, investors & auditors
Preparing documentation for financing, reporting for owners and the parent company, and coordination with the auditor and tax advisor.
Interim CFO
Temporary cover for the CFO in the event of their departure, extended absence or until the position is filled, including the handover to their successor.
How the engagement works
Engagement models
| Ongoing support | The CFO is available to the agreed extent, for example [X days per month], attends management meetings and becomes part of the management team. |
| Project-based engagement | A clearly defined task with a specific deliverable, such as a 2027 budget, a cash flow model or reporting for the bank. |
| Interim CFO | Intensive support for a transitional period, aimed at stabilising finances and preparing the handover. |
Our approach
- Initial consultation: we identify what concerns you and what you expect from the engagement.
- Diagnostics: we map your finances, processes and data.
- Scope proposal: we recommend modules, an engagement model and a timeline.
- Collaboration: we work with management and your team and review the results regularly.
- Handover: the processes, reports and tools we set up stay in your company after the engagement ends.
How Rent a CFO differs from accounting
| Accounting | Rent a CFO | |
|---|---|---|
| Focus | Records what has happened | Plans what should happen |
| Question | How did we perform? | What should we do to perform better? |
| Outputs | Financial statements, tax returns, statutory reports | Budgets, modelling, management reports and recommendations |
| Counterpart in the company | Accounting team | Owner, CEO and management |
Rent a CFO does not replace accounting. It builds on it and turns it into a foundation for better decision-making. Where it makes sense, Forvis Mazars can also take care of your accounting, payroll or tax advisory.
Why Forvis Mazars
- Senior expertise: our team of experienced professionals with backgrounds across various industries understands both finance and the issues company management deals with.
- Everything under one roof: we connect financial management with tax, accounting, payroll and transaction advisory.
- Local knowledge, global network: we have been operating in Slovakia since 2000, and more than 130 experts work in Bratislava, Košice, Nitra and Považská Bystrica. We are part of the Forvis Mazars network in more than 100 countries.
- Data confidentiality: we handle sensitive financial data in line with professional standards, and our information security is certified to ISO/IEC 27001.
Contact us
Would you like to find out whether Rent a CFO is the right solution for your company? Get in touch and let's arrange a free initial consultation.
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