Description
When companies grow, initial financial desks busy with accounting and cost accounting become insufficient for the needs. The size of the working capital, stocks and cyclical business conditions require a company to manage high amount of cash or debt. According to the nature of the business, FX, commodity or interest rate risks may need to be managed as well.
At that stage I help a company to establish a treasury function, with the appropriate place in the organization chart.
- Hire people or train incumbent personnel
- Select software (if needed) or suggest alternatives
- Design processes
- Create procedures
DELIVERABLES/OUTPUTS:
- Interviews and Trainings
- Job Descriptions
- Work Flow Reports and Charts
- Internal Procedures
- On the job training
TIMING: 1-3 months, 4 hours a day
PRICE: 500 USD/Day
ASSUMPTIONS:
- Includes follow up support (same duration of the project, 1-3 months)
- Client will review & accept proposed budget.
- HR (if any) and Financial Control Units will provide relevant human resource during the project, as planned.
