Effective financial leadership is essential for businesses seeking sustainable growth, financial discipline, and informed decision-making. However, engaging a full-time in-house CFO may not always be feasible or efficient.
M A N A S & Associates provides CFO and Virtual CFO Services to startups, growing enterprises, Indian subsidiaries of foreign companies, and overseas entities operating in India. Our services deliver strategic financial oversight, structured controls, and management-focused insights, tailored to the scale and complexity of the business.
Scope of CFO & Virtual CFO Services1. Accounting Oversight & Financial Data Management
Oversight of accounting of financial data and books of accounts
Review of accounting entries, classifications, and reconciliations
Ensuring accuracy and consistency of financial records
Coordination with accounting teams and service providers
2. Financial Strategy & Planning
Budgeting and forecasting aligned with business objectives
Long-term financial planning and capital allocation advisory
Profitability analysis at business, product, or segment level
Strategic input for business planning and decision support
3. Management Reporting (MIS)
Design and review of periodic Management Information Systems (MIS)
Preparation of dashboards and key performance indicators (KPIs)
Variance analysis with management-level commentary
Performance reporting for promoters, management, and investors
4. Cash Flow & Working Capital Management
Cash flow forecasting and liquidity planning
Monitoring of receivables and payables
Optimisation of working capital cycles
Advisory on cash utilisation and funding requirements
5. Payroll & Statutory Cost Oversight
Oversight of payroll processing and payroll-related controls
Review of computation of statutory dues
Monitoring of salary structures and related statutory costs
Coordination with payroll processors and compliance teams
6. Compliance Oversight (Non-Assurance)
Monitoring of statutory compliances under:
Income-tax
GST
Companies Act
FEMA and allied laws
Review of compliance calendars and filings
Coordination with statutory auditors and consultants
(Without replacing statutory auditors or assuming assurance roles)
7. Internal Controls & Governance
Establishment and review of internal financial controls
SOP documentation and process standardisation
Delegation of authority matrices and approval frameworks
Risk identification and mitigation from a financial perspective
8. Cost Control & Profitability Review
Cost structuring and expense analysis
Margin and contribution analysis
Break-even and sensitivity analysis
Advisory on operational efficiency improvements
9. Fundraising & Investor Support
Financial modelling and projections
Valuation support for internal and external discussions
Assistance during due diligence exercises
Preparation of lender and investor reporting packs