In response to the increasingly complex trading environment for businesses, professional services firm, AAB, has launched a new ‘Office of the CFO’ service designed to give organisations the ability to strengthen their finance leadership and gain clarity in their numbers without the difficulties of recruitment of finance professionals at all levels.
Businesses across the UK are facing more challenges than ever before – from inflationary pressures and rising costs to increasingly complex reporting requirements. For many organisations, these pressures are stretching finance teams and make reliable financial insight more critical than ever.
The new offering provides flexible finance leadership and specialist accounting expertise to businesses experiencing growth, navigating complex group or funding reporting requirements or preparing for major transactions. The AAB Office of the CFO team includes more than 50 finance specialists across the UK with senior expertise in operational finance, forecasting, technical accounting, statutory reporting, finance transformation, cash flow modelling and transaction accounting.
The service combines operational finance support, technical accounting expertise and strategic CFO-level leadership, allowing organisations to strengthen their finance functions and gain clearer financial insight at critical stages of their development.
Lauren McCluskey, Head of Office of the CFO and Partner at AAB
Lauren McCluskey, Head of Office of the CFO and Partner at AAB, commented: “Businesses are operating in an environment where they are expected to be able to adapt and change at pace. Cost control remains a priority with CFOs expected to make decisions quickly and decisively whilst navigating the technology changes alongside the day to day operations.
Many finance teams are resource constrained with CFOs and CEOs personally sponsoring both technology and transformation projects. The Office of the CFO is able to support the day to day operations and senior team freeing up valuable time.”
The Office of the CFO service is designed to support organisations at every stage of growth, including entrepreneurs, SMEs, AIM-listed companies, multinational groups and public sector organisations.
By integrating with existing finance teams or providing additional capability where needed, the service enables organisations to strengthen reporting, improve financial visibility and respond more effectively to growth or change.
The service is particularly valuable for organisations facing increased regulatory scrutiny, complex accounting requirements, or major transactions such as acquisitions, fundraising or market listings.
AAB’s rapid growth journey across the UK and Ireland is set to continue with backing from Goldman Sachs Alternatives