SMART CFO Services: Driving Significant Improvement to Clients Financial Health through Quality CFO Level Services

In today’s complex and uncertain markets, companies require accurate and timely corporate accounting. But more than that, they need financial advice that gives certainty and assurance. The role of the CFO plays a pivotal role in the growth of the enterprise. With more startups coming up and raising money, the need for shared CFO Service is growing day-by-day. Entrepreneurs are looking forward for an experienced finance professional who overlooks their finance department, make a business plan for their concept and arrange funding, negotiate a deal with the Investors.

SMART CFO Services is founded with the vision to drive significant improvement to clients’ financial health through innovative business solutions & supportive implementation while building enduring business partnership. The company aims to benefit growing SMEs and startups by providing access, advice, and insights of expert CFOs & business consultants.

Meet the Veteran Leader

When Balkishan was working with Aramark India as Country CFO, he met a couple of Directors of SME’s and understood that many small businesses struggle to find the right financial expertise. With an experience of more than 10+ years as CFO, he knew the exact roles and responsibility of a CFO. Later he decided to leave the corporate world and provide services to SME’s, as there is a huge gap in this market for skill services to a smaller organization at a reasonable cost. To provide the right financial services to smaller organization Balkishan Chandak founded SMART CFO Services.

Balkishan has comprehensive, in-depth experience of over two decades across all components of corporate finance, strategic planning, financial analysis, capital restructuring, fund-raising & treasury, performance management, corporate tax planning. He has demonstrated the ability to quickly learn the intricacies of diverse industries and make immediate improvements on cash flows, costs reductions, planning, reporting, and controls. He has given his fruitful contribution to Aramark India (Food and Facility Management) as Country CFO and Corporate Secretary. He also contributed for JV’s of Future Group as CFO.  His experiences were in Shoppers Stop (Retail), Goldshield International (Pharma), Coca-Cola India (FMCG) and HINDALCO (Manufacturing).

Balkishan is an excellent leader with a track record of documented contributions leading to improved financial performance, heightened productivity, and enhanced internal controls. On account of his superior management, communication, leadership, and supervisory skills, the company paved a way towards success. He is a keen planner, strategist, and implementer with demonstrated abilities in spearheading finance functions and accelerating the business growth.

One-stop Platform for all Financial Advisory Needs

SMART CFO is a Shared CFO Services firm with a strong network of associate partners providing a one-stop solution for all financial advisory needs especially for Startups, SME & and companies in need of a CFO.  It’s a specialist firm of experienced Chief Financial Officers (CFOs) and Business Consultant who deliver exceptional financial and commercial expertise to enable a business to seize opportunities for growth, change and success. In the company, CFOs and Business Consultants are engaged full time, part time, project, interim, outsourced or supplemental basis specifically to suit the business needs.

Below is the coverage of the broad service by the firm

  • Develop or refine the business model
  • Create a financial model, cost structure & cash flow projections
  • Assistance with development and implementation of growth strategies
  • Develop Key Performance Indicators (KPIs) and a dashboard to track progress
  • Determine funding requirements, type of funding, and preparation for due diligence
  • Create Capitalization Table and determine dilution effects
  • Corporate Governance/Board Management/Investor Relations
  • Development of accounting processes (A/R, A/P, Procurement, etc.)
  • Oversight of existing accounting staff or work with outsourced accounting Firm
  • One-time accounting system assessment, catch-up, and clean-up

The company also helps start-up clients in accounting outsourcing & tax filings services for a temporary period until the time the client is able to recruit & build the team. Since these are not a permanent assignment, the company helps them to select the right CFO candidate and then do a transition of the knowledge.

Standing Out in the Crowd

CFO Service adds significant value to the clients’ strategic and operational capability and efficiency through enhanced quality of decision-making on a day-to-day basis. SMART CFO provides top-of-the-line CFO capability at Finance-Manager cost levels. SMART CFO’s one-stop solution offer services far beyond standard accounting practices. The company’s easily accessible team of experts with diversified skills ensures that the client’s financial and tax positions are considered throughout the year not just at tax time. This helps business owners make better decisions, grow their business and plan for the future

SMART CFO has developed a strong network of Associated Partners covering all fields in legal, finance and investment.  Attention to detail, correct and timely information and a strong commitment to personal service ensure a superior and satisfying experience.

Consumer-based philosophy

Having worked with large corporates and MNC’s for the last 15+ years, the company’s chief financial officers are not only well versed with nuances of accounting and auditing but also with business-oriented skill sets to resolve all issues and guide the overall financial requirement of a company. With shared CFO services, entrepreneurs would integrate good business ideas to take forward their brand value of the company. With a practical hands-on approach, the company offers with hassle-free, cost-effective and high-quality services to clients.

The company’s expert team is powered by Chief Financial Officers (CFOs) of large companies, senior management and finance professionals, chartered accountants, company secretaries, and business analysts. Additionally, the company’s associates and partner firms provide with additional expertise and experience in the fields of investment banking, international taxation, and legal advisory.

“The key is to stay relevant and focused on what the client actually requires. The success of the client is our success and the philosophy is walking that painful road with them”, says Balkishan

Future Ahead

 “We all know that India has a tremendous amount of talent and so many people don’t move out of their geographical boundaries and spread their knowledge. My long-term goal will be to expand my boundaries to some developing countries in the African region eg. Nigeria, Tanzania and provide the CFO Services as there is a genuine need of skilled people in those countries”, says Balkishan

Source :-The 10 Most Acclaimed Micro Finance Companies