CFO Services in Dubai, UAE
Jet Set your business with Farahat and Co’s CFO services. Get accurate analysis, financial reporting, valuable insights, and, most importantly, peace of mind while focusing on growing your business. Your company might be evaluating whether to bring on a Chief Financial Officer(CFO). Perhaps the previous officer has resigned, or this is your first time recruiting a qualified professional for the role. In either case, having an experienced financial leader is a smart decision.
Here are some reasons why an outsourced CFO service in the UAE can be more beneficial than hiring a full-time executive on your company payroll.
Get the Advantage of More Skills and Experience
When you hire accounting services and CFO services in the UAE, you don’t hire a single person responsible for carrying out the duties of the company’s CFO. However, you have access to multiple people and a dedicated manager to bring you insights that a single person wouldn’t be able to look into. One person won’t be able to cover all the areas you wish to cover; in this case, a CFO service can provide expertise in the dullest and grey areas of finance and the accounting process of your business.
Save on the Payroll Costs
One of the greatest risks for any company is losing talented employees. Retaining top talent not only preserves productivity but also helps control payroll costs effectively. A Chief Financial Officer(CFO) position is critical in the company and is responsible for making critical decisions and strategies, reviewing and controlling the entire accounting process of the company. When a key executive, such as the CFO, resigns, finding a replacement with equal expertise is challenging. Additionally, companies face high costs related to employee retention and potential settlement payouts.
CFO services in Dubai ensure that you get all your CFO-related services regularly without any changes in the quality of reporting and consultation, without compromising the financial leadership of your business.
Wide Area of Expertise
Farahat and Co. provides CFO services in Dubai and other emirates. We provide our business partners with informed and sound financial services that ensure growth advantages for your company. If you are a non-finance person, you do not need to crunch the numbers yourself. We provide our expertise and up-to-date strategic advice, so you can make the right decisions while focusing on the company’s growth.
Our team of experts for the CFO services is certified accountants with a minimum of 10 years of experience specializing in auditing, financial controls, financial planning and analysis, budgeting, and performance management. Some of the essential services that we offer are.
➔ Planning and budgeting
➔ Profit margin analysis and implementation of improvement plans
➔ Preparing financial reports, Tax reports, and taxation strategies.
➔ Handling the accounting department and overseeing the quality of bookkeeping
➔ Cash flow analysis
➔ Financial intelligence and analysis reporting with KPIs
➔ Raising capital, investments, and debt financing and debt management.
➔ Accurate annual financial reports and Business performance evaluation
➔ Look into the development of the finance department’s shortcomings through achievable
and realistic KPIs
➔ Compliance and regulations
You can hire a CFO service that can visit your office location or even connect with you virtually. Companies in the UAE are required to comply with strict laws and regulations. Outsourced CFO services have a checklist of all the government compliance requirements. They are up to date with the changes in industry trends and government policies, data protection, tax compliance, and reporting standards.
Hire Chief Financial Officer(CFO) Services in Dubai From Farahat & Co
Our expertise doesn’t stop at “what is” but also provides the “what if” of every financial scenario of your business. We provide customized reports that are easy to understand and communicate
to your team of board members and key decision-makers.
We crunch the numbers for your business so you can make calculated decisions on investing.
Some of the standard CFO services in Uthe AE that we get hired for are:
➔ Creating a financial strategy
➔ Heading process improvement, automation strategy, and design
➔ Budgeting and short and long-term forecasting
➔ Raising capital and managing the capital structure.
➔ Debt management
➔ Improving cash functionality
➔ Interim CFO services in the UAE
➔ Expertise in mergers and acquisitions
➔ Making the necessary cost cuts
Also Read:Accounting Review Services in Dubai
Our expert CFO services in UAE provide timely engagement, office visits, and project management expertise for your business with the above list of services. We are focused on maximizing your profits while optimizing your costs. Get the best CFO services for small businesses while you are focused on building your product and taking care of customers; we ensure that your working capital works for you.Hiring a CFO for a growing business can be very costly. The real loss occurs when a CFO resigns, and you need to find an equally skilled replacement. When outsourcing CFO services, you do not fear your finances being disturbed due to management changes. Click here to get a free consultation today.
+971 52 6922588 | Tel: +971 4 2500251 | E-mail: sales@farahatco.com
