Case Study: CFO Advisory
Overview: Company - $800 million Honda subsidiary
Advise executive management on strategic matters involving finance
- Learn the business and determine the needs of the organization
- Build relationships with management and professional service providers
- Negotiated down price and scope with service providers on behalf of the organization
- Created cash flow modeling tool, projecting future LT debt needs
- Supported C-suite in strategic decisions such as plant closings and green field construction
- Assessed technical competency in all accounting department hires
Results: Fair Consulting was able to add skillset needed by the organization without adding high priced executive position. Fair Consulting's involvement improved continuity, spanning three changes to key executive roles, and two changes of external auditors