Finance Transformation
Assess and improve the processes, systems and reporting of finance functions.
Expectations around the role of Finance have evolved – what was once a straightforward control function is now relied on as a strategic business partner. At McGrathNicol, we understand that transformation can be complex. It requires clear direction, robust planning and effective implementation.
Our experienced team can identify key issues and improvement opportunities in your finance function across four dynamics: people, processes, systems and reporting.
We can help you:
assess the capability and capacity of your finance team
increase process and procedural efficiency
scope systems deficiencies
co-ordinate and manage change
improve output quality, reporting and data analytics.
Partnering with McGrathNicol delivers practical, implementable actions and team development, allowing you to transition responsibility, driving a culture of ownership, accountability, and continuous improvement.
Our experience
Victorian Fisheries Authority
We were seconded to Victorian Fisheries Authority (VFA) to assist the finance team to undertake key financial and operational roles following its establishment as an independent statutory authority. We acted in senior finance roles on behalf of the authority to undertake key regulatory and compliance work such as month-end and year-end financial management and reporting, asset management, revenue recognition, management and statutory reporting, and budgeting and forecasting to the Department of Treasury and Finance.