Financial Projections

My client, a manufacturing company, had limited information in their monthly management accounts which also took several weeks to produce as they relied upon an external accountant to produce this for them. 

I worked with them to develop a monthly reporting template covering P&L, balance sheet and cashflow, as well as financial and operational KPI’s. I also created an easy way of comparing month end WIP with the previous month and developed a fully integrated financial model that could be updated each month.

This resulted in more timely monthly management accounts and a greater accuracy of their financial projections, as well as enabling the management team to have a better understanding of what was driving the business forward and what areas were causing problems. This allowed them to take corrective action sooner, with a direct impact on their margins.