Secured from major US hedge funds
Orchestrated the consolidation of regional iron ore producers in Brazil, securing $600M from Citadel and Harbinger and culminating in an acquisition by Carl Icahn.
Winner, Finance Team of the Year (SME)2023 Australian CFO Awards
A senior CFO for your business, without the full-time cost.
I’m Andrew, a CFO with 25 years’ experience across Australia and Asia. As your fractional CFO, I help growing businesses get accurate numbers on time, systems that scale, anda clear view of where the money goes.
- Profit before tax, in one year
- +973%
- Unclaimed tax uncovered
- $11M
- Secured from US hedge funds
- $600M
Experience
Chief Financial Officer
Financial Business Consultant- Planet Services GroupChief Financial Officer
- Ferrous ResourcesChief Business Development Officer
- Compass ResourcesChief Financial Officer
CFO & Company Secretary- Alesco CorporationFinancial Controller
- ID Fitouts & ConstructionFinancial & Operational Strategist
What is a fractional CFO?
All the benefits of a full-time CFO, for an agreed amount of time and a pre-agreed fee.
| Full-time CFO | Fractional CFO | |
|---|---|---|
| Cost | A full executive salary | A fraction of it |
| Time | Full-time, permanent | The hours you need |
| Fee | Ongoing salary and on-costs | Agreed up front |
| Experience | Senior | Just as senior |
What you get
- Better reporting and decision-making
- Clearer planning and forecasting
- Stronger financial management and controls
The biggest win: you hand the financial and admin load to someone who knows how to carry it, and get your time back for the rest of the business.
Sound familiar?
Your business today
We turn over between $10M and $50M a year.
Our monthly reports arrive weeks late.
I’m not confident the numbers are right.
Budgeting is a mess.
How you got here
We started with a part-time bookkeeper and simple systems.
We grew, and our accounting and IT grew haphazardly.
I want systems that scale, but don’t know where to start.
A CFO would help, but I worry about the cost, or getting advice without practical fixes.
If this sounds like your business, let’s talk.
Get in touchKeeping it stunningly simple.
The K.I.S.S. Principle
Your monthly finance report
- Reports
- On time, every month
- Numbers
- Reconciled and trusted
- Budget
- One version, agreed
- Cash
- Known every day
- Your time
- Back on the business
If I offer you this, would you take it?
All at a fraction of the cost of a full-time CFO.
Mentor your people
Develop and mentor your existing employees to improve their essential knowledge and skills.
Systems for sustainable growth
Implement systems that will support sustainable growth.
Turn data into action
Improve visibility and analytical capability, converting large amounts of data into actionable information.
Stop revenue leakage
Explore the causes of revenue leakage, cost overruns and operational friction in a growing business, and develop solutions.
Drive efficiency
Automate routine processes across the business to save time, improve accuracy and reduce headcount growth.
Spot cost savings
Track KPIs and reports from across your business to find the bottlenecks and improvements that lift your top and bottom line.
Deliver insights
Monitor your cash position, forecasts and other analytics to shape strategic decisions that drive profit and growth.
Ensure compliance
Manage and monitor compliance across a wide range of reporting and financial regulations, including revenue recognition, GST, payroll and income tax.
Build an expert team
Recruit driven people who embrace the latest technology, and build a team focused on insight and innovation, not compiling reports and crunching numbers.
Real results
Real-life examples that show I’m not blowing smoke.
$600M
+973%
Profit before tax, year on year
A comprehensive operational analysis showed the business wasn’t achieving optimal results. The actions I recommended lifted profit before tax by 973% year on year.
$11M
Unclaimed tax uncovered
Deep forensic ledger analysis for a major general insurer, underwriting $16B in annual premiums, uncovered $11M in unclaimed historical tax depreciation.
−$1Mbecame +$2MFrom loss to profit
A restructure took the business from a $1M loss on $40M turnover to $2M EBIT on $25M turnover.
$25M
Landmark contract secured
Structured the performance bond facility that let an engineering business secure a landmark $25M project, while stabilising a finance function that had been through four CFOs in under three years.
$12M
Raised in an ASX listing
Helped the company list on the Australian Stock Exchange through its initial public offering, including the sale of founders’ shares.
$2M+
Saved every year
A historical vendor spend audit cut the reliance on external subcontractors and improved gross margin by 6%.
$100M
Accounting rules adopted by PwC
Developed pioneering international accounting rules for blockchain utility tokens following a $100M ICO, later peer-reviewed and adopted by PwC.
$10M
Raised in a private placement
Designed the complex financial model behind the raise for a cutting-edge manufacturer with offices in Europe and Asia.
3×
Finance team efficiency
Power Query automation let a team of 2 do the work that had taken 6.5 people, with no loss of productivity. The team became more engaged and eager to build new solutions.
3 daysbecame SecondsCost estimating, automated
Built a custom automation tool that turned a 3-day manual cost-estimating bottleneck into seconds, freeing up time for selling.
2×
Net liquidity ratio
Better working-capital management doubled the net liquidity ratio and expanded the company’s bank guarantee facility by 40%.
1 ERP
Replaced four legacy systems
Investigated, recommended, designed and implemented one ERP system to replace four disconnected legacy systems and an over-reliance on Excel. Delivered on time and within budget.
Millions
Overdue tax, restructured
Negotiated delicate payment plans with the ATO and the Office of State Revenue to resolve severely overdue obligations totalling several million dollars.
50%
Off the insurance premium
Successfully lobbied brokers for half off business-interruption insurance, by showing how unlikely a mishap across every warehouse, supplier and factory at once really was.
Rates
$150–$200 an hour
Indicative, depending on the volume of work and location (travelling time).
Working from home suits software implementation projects best.
How it works
- Get in touch. Tell me about your business and what isn’t working.
- We talk it through. A conversation to see whether I’m the right fit.
- Agree the scope. A set amount of time for a pre-agreed fee.
Off the clock, I write thrillers.
Two novels so far, Time to Pay the Piper and Retribution. Finance, espionage and the law of unintended consequences.
See the books