Our team can act as a CFO for your business, working with you to create a comprehensive financial strategy to help establish and track financial goals and KPIs to provide oversight and control. We can manage accounting, payroll, HR, and tax compliance services optimized for your business. Each program is customized to meet your needs rather than subscribing to a set program. Detailed financial reports help you identify trends to make data-driven decisions.

Our Management Company Accounting and Administration program offers accounting and administration services for private equity firms, hedge funds, and family offices. Ranging from day-to-day accounting services to compliance and liquidity management. We handle general accounting, expense reimbursements, and invoicing to the funds, payroll, and benefits. 

• Accounting and CFO Services

Meet your business’ financial goals, drive profitability, and make informed decisions with the expertise of our outsourced accounting team. Our range of services include:

•  General Accounting Services: 
  • Bookkeeping: Day-to-day accounting for financial transactions, such as sales, expenses, receipts, and disbursements; forming the foundation of accurate financial records.
  • Accounts Receivable: Manage customer invoices and collections.
  • Accounts Payable: Manage vendor invoices and bill payments.
  •  Reconciliation: Match financial records with bank and credit card statements to identify discrepancies and ensure accuracy.
  • Expense Tracking and Management: Categorize and track expenses against customer projects and billing back, where appropriate.
• Payroll and HR:
  • Processing payroll
  •  Onboarding and offboarding employees from payroll and benefits
  • Benefit review and selection
• Liquidity Management: Monitor liquidity daily, create weekly cash flow forecasts, and implement strategies to improve cash flow.
• Financial Reporting and Analysis: Monthly financial reports, including income statements, balance sheets, cash flows, rolling forecasts, and other customized reports. We analyze these reports to identify trends and help you make data-driven decisions.
• Audit Support: Prepare financial records and supporting documents for audits, ensuring a timely and frictionless audit.
• Financial Strategy Development: Create a comprehensive financial strategy to help establish and track financial goals and KPIs.
• Exit Planning: If you’re planning to sell your business, a fractional CFO can help prepare for the sale, including financial due diligence, value optimization and tax structuring and mitigation.
• Tax Compliance and Strategy: As we are involved with the day-to-day operations of your business, we are often able to uncover tax-saving opportunities and develop strategies, ensuring you are maximizing deductions and benefits.
  • Entity structure analysis 
  • Facilitate appraisals for trust and charitable gifting
  • Consider pass-through elections (PTE) across entities
  • Consult on Partner fringe benefits and tax mitigation strategies
  • Prepare income tax returns and K-1s for your business and principals
  • Prepare/ consult on tax credits
  • Sales and use tax services 

• Accounting for Alternative Investment Firms   

Accounting for private equity firms, hedge funds, and family offices

• • Management Company Accounting and Administration

•    General Accounting Services: 

• Bookkeeping: Day-to-day transactional accounting, forming the foundation of accurate financial records.

•  Income: Calculating and invoicing management fees/ offsets and reimbursable expenses from your funds and portfolio companies

• Expenses: Manage vendors, employee expense reimbursements, bill payments, and reimbursable expense allocations, ensuring a clear audit trail exists for your funds

• Payroll and HR:
  • Processing payroll 
  • Onboarding / Offboarding employees from payroll and benefits
  • Benefit review and selection

• Regulatory Compliance: Ensure compliance with evolving regulations and reporting requirements, including Form ADV, Form PF, and other regulatory filings.
• Treasury Services: Manage liquidity across the management company and funds, ensuring all accounts have adequate working capital.
• Financial Reporting and Analysis: Our team will produce monthly financial reports, including income statements, balance sheets, cash flows, rolling forecasts, and other customized reports. We will also analyze these reports, identify trends, and help you make data-driven decisions.
• Tax Compliance and Strategy: As we are involved with the day-to-day operations of your firm, we are often able to uncover tax-saving opportunities and develop strategies, ensuring you are maximizing deductions and benefits.
  • Entity structure analysis 
  • Facilitate appraisals for trust and charitable gifting
  • Consider pass-through elections (PTE) across entities
  • Consult on Partner fringe benefits and tax mitigation strategies
  • Prepare income tax returns and K-1s for management company and principals
  • Prepare/ consult on tax credits
  • Sales and use tax services 

• Manage the books and records for funds and Special Purpose Vehicles (SPVs).
• Financial reporting, including income statements, balance sheets, schedules of investments, and cash flows.
• Manage treasury and liquidity, including expense disbursements and investor distributions.
• Investor communication and reporting, including capital calls and distributions and partner’s capital account statements (PCAP).
• Calculate performance metrics, such as internal rate of return (IRR), and multiple of invested capital (MOIC).
• Carried Interest Calculations.
• Maintain subscription docs, transfers of interests, changes in accounts.
• Facilitate onboarding of new investors by screening with your Anti-Money Laundering (AML) and Know Your Customer (KYC) due diligence.
• Audit Support: Preparing financial records and supporting documents for your audits, ensuring a timely and frictionless audit.
• Prepare and file tax returns and K-1s for the management company and funds, while optimizing tax strategies.