Virtual CFO, US & Australian GAAP Reporting, MIS & Finance Automation

Project Overview-
We are looking for an experienced Virtual CFO / Finance professional with strong expertise in US GAAP, Australian Accounting Standards (AASB), financial reporting, FP&A, management reporting and finance automation.
The objective is to establish a robust finance and reporting framework that provides management with accurate financial information, cash-flow visibility, forecasting, budgeting and actionable business insights.
The project will involve reviewing the existing finance function, strengthening financial reporting, developing management MIS, establishing forecasting and budgeting processes, improving finance controls and automating recurring reporting.

Scope of Work-
1. US GAAP & Australian GAAP Financial Reporting
• Review the existing accounting and reporting structure
• Map accounts to appropriate financial statement classifications
• Prepare/review P&L under US GAAP and AASB
• Prepare/review Balance Sheet under both frameworks
• Prepare/review Cash Flow Statement
• Identify relevant recognition and classification differences
• Establish an appropriate dual-reporting methodology
• Develop reconciliation between US GAAP and AASB where required
2. Management MIS
Develop a comprehensive management reporting package covering:
• Revenue
• COGS
• Gross profit
• Operating expenses
• EBITDA / operating income
• Working capital
• Accounts receivable
• Accounts payable
• Cash position
• Profitability
• Key business KPIs
• Variance analysis
Include management commentary on significant movements and financial performance.
3. Budgeting & Forecasting
• Develop annual budget framework
• Prepare monthly/quarterly forecasts
• Develop budget vs actual reporting
• Perform variance analysis
• Develop base, upside and downside scenarios
• Provide management insights and recommendations
4. Cash Flow & Working Capital
Develop a rolling cash-flow forecast covering:
• Opening cash
• Customer collections
• AR movements
• Vendor payments
• AP movements
• Payroll
• Taxes
• Operating expenses
• Capital expenditure
• Financing activities
• Closing cash
Review working-capital drivers and identify opportunities to improve cash conversion.
5. Virtual CFO / Finance Advisory
Provide management-level analysis and recommendations relating to:
• Profitability
• Cost optimization
• Pricing and margins
• Working capital
• Cash requirements
• Financial risks
• Growth planning
• Business performance
• Scenario planning
6. Finance Processes & Controls
Review and recommend improvements to:
• Accounts Payable
• Accounts Receivable
• Expense management
• Payment approvals
• Bank reconciliations
• Month-end closing
• Journal entry controls
• Financial reporting
• Documentation
• Segregation of duties
Develop practical SOPs and checklists where required.
7. Dashboard & Automation
Develop an interactive reporting environment using appropriate tools such as:
• Excel
• Power Query
• Power BI
• VBA
• Python
The objective is to reduce manual reporting and make recurring management reporting easier to maintain.

Final Deliverables-
The completed project should include:
1. US GAAP financial reporting framework
2. Australian GAAP/AASB reporting framework
3. Dual-GAAP reconciliation/reporting structure
4. Management MIS package
5. Annual budget model
6. Financial forecasting model
7. Rolling cash-flow forecast
8. Working-capital analysis
9. Budget vs actual reporting
10. Interactive management dashboard
11. KPI framework
12. Finance process improvement recommendations
13. Basic finance SOPs/checklists
14. Automated reporting workflow
15. Management commentary and financial insights
16. Documentation and handover guide

Ideal Candidate-
• CPA / CA / ACCA or equivalent preferred
• Strong financial reporting experience
• Demonstrated US GAAP experience
• Australian GAAP/AASB experience preferred
• Previous Virtual CFO / FP&A / Finance Manager experience
• Strong financial modelling and Excel skills
• Experience with Power Query, Power BI, VBA or Python preferred
• Strong budgeting and forecasting experience
• Experience with cash-flow and working-capital management
• Ability to communicate financial insights clearly to management

Preferred Skills-
US GAAP, Australian GAAP, AASB, Financial Reporting, Virtual CFO, FP&A, Financial Modelling, Management Accounting, MIS Reporting, Budgeting, Forecasting, Cash Flow Management, Working Capital, Financial Analysis, Excel, Power Query, Power BI, VBA, Python, Accounting, Internal Controls.

Screening Questions-
1. What experience do you have with US GAAP and Australian GAAP/AASB?
2. Have you prepared or reviewed financial statements under both frameworks?
3. Describe your experience as a Virtual CFO, FP&A professional or Finance Manager.
4. What would your monthly management reporting package typically contain?
5. How would you structure a rolling cash-flow forecast?
6. Describe a financial dashboard or reporting automation project you have completed.
7. How do you identify and communicate significant financial risks to management?
8. What finance processes and internal controls would you review when taking over a finance function?

Payment-
Payment will be made upon completion and acceptance of the agreed project deliverables.
No hourly billing and no milestone-based payment structure.