Rent a CFO

Rent a CFO is a flexible financial management solution from Forvis Mazars in Slovakia. We combine deep financial expertise with hands-on business experience, so that your finances are not just processed, but strategically managed.

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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 point, many companies would benefit from the expertise of a CFO. However, recruiting an experienced full-time CFO is expensive, time-consuming and often unnecessary at this stage of growth. Renting 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 is responsible for key financial decisions but lacks a partner who can translate financial data into actionable insights. We help you gain visibility, control and confidence to support sustainable growth.

Growing companies
What worked at an earlier stage is no longer sufficient. Business growth outpaces existing processes, while budgeting, forecasting and management reporting may be missing or underdeveloped. We help you professionalise financial management without hiring an expensive senior executive.

Companies undergoing change
A CFO departure, a change of management, expansion, restructuring or preparation for investment. An experienced CFO can quickly step in to stabilise financial operations and support the business through critical transitions.

Five signs your company needs a CFO

Rent a CFO may be the right solution if:

• The owner or CEO is making financial decisions in addition to managing the business
• You only see the full picture of your results in the annual financial statements
• You deal with cash flow only when money runs short
• Banks, investors or group management asks for documents you do not have ready
• Your company is growing faster than its financial processes

How we support your business

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

There are various models to suit your specific phase, e.g.:

Our approach

1. Initial consultation: we identify what concerns you and what you expect from the engagement.
2. Diagnostics: we map your finances, processes and data.
3. Scope proposal: we recommend modules, an engagement model and a timeline.
4. Collaboration: we work with management and your team and review the results regularly.
5. Handover: the processes, reports and tools we set up stay in your company after the engagement ends.

How Rent a CFO differs from accounting

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 experienced professionals have worked across a wide range of industries and understand both the financial and operational challenges business leaders face.
• Integrated business support: we combine financial management expertise with tax, accounting, payroll and transaction advisory services, providing access to a broad range of specialists under one roof.
• Local presence, global reach: we have been supporting businesses in Slovakia since 2000, now with more than 130 experts based in Bratislava, Košice, Nitra and Považská Bystrica. We are part of the global Forvis Mazars network, operating in more than 100 countries worldwide.
• Data confidentiality: we handle sensitive financial data in line with the highest professional standards. Our information security management is certified to ISO/IEC 27001 and ISO 22301.

Wondering whether Rent a CFO is the right fit for your business?

Reach out to us to arrange an initial consultation and discuss how we can support your financial management needs.

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