Monavis Coaching

FOCUS ON FINANCE

The CFO wants the finance team to be a true business partner, to help guide the organisation toward profitable growth. The Finance team faces pressure which pull in different directions; growing pressure to meet governance and regulation; pressure to improve standards of external reporting; pressure to be cost effective. The CFO faces balancing all these requirements. Where should you start?

A recent report by KPMG and the EIU** suggests that the leading finance functions “are more likely to have a strong vision for the finance function and to have communicated this clearly to the rest of the business”.

How can we help to create an effective finance function?

Working with you to set a vision and an agenda for finance within the context of the business strategy. Meeting your customers’ needs.
Setting SMART objectives and targets.
Helping you find what to stop doing.
Assess the structure, people and skills in the team.
Look at behaviours as well as capability. Look at how the team works not just what it does

Why will this approach work?

It is customer driven. It will build bridges across the organisation.
It creates the space to focus on the finance agenda.
It allows roles, skills and talent to be matched.
It creates a realistic debate about deliverables, investment and affordability of the finance function.

How will this be of benefit?

Ability to deliver on known and agreed targets.
Gain customer satisfaction.
Develop great talent in the team.
Build relationships across the organisation.
Improve communications within the team.