Outsourced CFO

Mark Norwich, CPA provides businesses with peace of mind, by creating a strong accounting system that generates accurate and applicable information to allow management to make sound decisions.

Outsourced CFO

Growing businesses often reach a point where they need professional financial advice, but can't afford a full-time CFO or controller. The cost of hiring a full-time CFO can range from $60,000 to over $100,000 per year plus bonuses and benefits. Our Outsourced CFO service provides you with experienced support at a small fraction of that cost throughout Cabarrus and Rowan Counties. 

Mark Norwich, CPA can compliment current accounting staff or assume the CFO role by helping you in the following ways:

More time to focus on new services, new customers and other core business issues throughout Cabarrus and Rowan Counties Better understanding of the financial side of your business Improved decision making capabilities A readily available sounding board to help you with tough business decisions The comfort of knowing that a professional is overseeing, protecting and improving the financial side of your business

   Services in this role can include:

• Prepare professional financial reporting packages suitable for management, the board of directors and investors
• Oversee finance, accounting, tax and bookkeeping functions
• Prepare and execute a cash management plan
• Prepare an operating budget and benchmark against actual results
• Manage the ledger and perform the monthly close
• Perform bank and other account reconciliations
• Provide support services to senior management
• Train and manage your accounting staff
• Profitability and trend analysis
• Liaison with bankers, attorneys, vendors, etc.
• Development of accounting procedures manual
• Analysis of equipment purchases, expansions, etc.

To learn more about Outsourced CFO, contact Mark Norwich at 704-721-5000.