A family owned company in the industrial technical installation industry has grown dramatically after the oldest son became the primary owner of the company. In the past five years, the new leadership had acquired considerably more projects which resulted in projects throughout the Benelux and adding 6 new project crews. The owner of the company spends his time managing the projects, travelling between the job sites and the acquisition of new projects. The back office organization has not grown proportionally with the increased activities and operations and therefore cannot adequately service the companies’ needs for increased back office support to start and finish the many projects. Job orders and purchase orders are late and often only executed after an intervention by the owner. Information disclosure regarding planning and control of the projects is insufficient, collection of A/R is later then payment on A/P of the same project is due, the financiers are unhappy with the status and quality of the periodic reporting en the individual project performance is unknown or at least not transparent. Quarry Management Consulting delivers in this situation a customized and affordable solution: the part time CFO. On a basis of two days a week, the CFO becomes one with the team and assures a high standard, hands-on and professional finance organization, initiates and monitors adequate implementations of the companies’ AO/IC processes, assures transparent project based management reporting and project performance, coaches the finance manager with controlling the financial processes of the company, initiates proper cash flow planning and forecasting, communicates effectively with the banks and the owners and provides the project leaders with sufficient and timely, accurate and relevant information regarding their project performance.

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