CFO SERVICES - FINANCIAL SERVICES
Introduction & Overview
Our service represents a comprehensive, all-encompassing CFO solution designed to elevate and transform your organization’s financial leadership. Built on deep expertise and a passion for excellence, it reflects the multifaceted nature of a modern CFO role.
Beyond core financial management, planning, reporting, risk control, data analysis, and strategic planning, our integrated approach also covers essential areas such as IT, HR, and administrative functions. We ensure your organization benefits from a balanced mix of professional knowledge, experience, and skills to effectively manage all financial and managerial aspects.
Our CFO services establish a coherent operational framework that ensures accurate financial recording and structured reporting aligned with all relevant regulatory standards, including the International Financial Reporting Standards (IFRS) as adopted by the Saudi Organization for Auditors and Chartered Accountants (SOCPA), along with other compliance requirements.
Services
PURPOSE & OBJECTIVE
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Expertise on Demand:
Access experienced CFO professionals who provide strategic insights whenever needed. -
Strategic Planning:
Benefit from diverse industry experience that supports informed strategic decisions. -
Access to Latest Technology:
Leverage advanced financial technologies for analytics, reporting, and digital workflows. -
Risk Management :
Enhance financial controls, reduce risks, and maintain full regulatory compliance. -
Time Efficient :
Focus on core business activities while we handle complex financial functions. -
Flexibility :
Scale CFO services up or down based on operational needs without fixed costs. -
Budget-Friendly :
Get high-level CFO expertise at competitive rates, reducing the cost of hiring full-time executives. -
CFO SERVICES :
CFO services provide strategic financial management, covering areas like accounting and bookkeeping, financial planning and analysis, risk management, reporting, and other supporting services.
ACCOUNTING & FINANCIAL SERVICES
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Bookkeeping:
Record daily transactions under IFRS to ensure accurate and compliant financial documentation. -
Financial Statements:
Prepare annual IFRS-compliant financial statements aligned with Saudi regulatory requirements. -
Monthly Reporting Pack:
Provide monthly performance reports comparing actual vs. budget to support control and decisions. -
Financial Simulations :
Run quarterly scenario models to forecast risks, outcomes, and strategic impacts. -
Payment Processing :
Manage secure, on-time payments including payroll, transfers, and vendor settlements. -
Annual Budget:
Lead budgeting by estimating revenues, projecting expenses, and consolidating departmental needs. -
CFO Representation :
Represent financial leadership before regulators and stakeholders to ensure compliance and trust. -
External Auditor Support :
Prepare audit materials and coordinate with auditors for a smooth, compliant annual audit. -
Payroll Review :
Verify payroll accuracy, deductions, and overtime to ensure timely, compliant payments. -
Bank Cooperation :
Manage banking operations, including loans, deposits, accounts, and international payments. -
Employees’ KPI Tracking :
Set and track KPIs with clear reports that support performance and decision-making. -
Employees’ KPI Tracking :
Set and track KPIs with clear reports that support performance and decision-making. -
BOD Presentations :
Prepare concise board reports with achievements, financials, and strategic updates. -
CFO Consultation :
Provide strategic advice on budgeting, forecasting, risks, fundraising, and M&A. -
Working Capital Management :
Optimize cash flow, receivables, payables, and inventory to improve liquidity. -
Invoice Issuance :
Handle invoices, credit notes, VAT compliance, and documentation accurately. -
Regulatory Reporting :
Prepare and submit timely reports to meet all regulatory requirements.
STRATEGIC ADVISORY
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Fundraising Incentive Mechanism:
Design incentive models for PE, VC, Real Estate, and Credit teams aligned with ILPA and CMA standards. -
Technical IFRS Advisory:
Provide IFRS 9, 10, 12, 15, 16 guidance with tailored reporting solutions ensuring compliance and transparency. -
FATCA and CRS Compliance:
Support onboarding, reporting, and classification to meet CMA requirements and reduce regulatory risks. -
Cost Allocation Framework :
Build fair expense allocation models with accurate costing, budgeting, and automated expense tracking. -
ERP Implementation Support :
Assist with ERP selection, migration, integration, and automation for accurate and compliant reporting. -
Carried Interest Distribution :
Develop waterfall and vesting models ensuring fair profit-sharing under ILPA and CMA guidelines. -
Employee Rebate Policy :
Design compliant rebate policies for internal investors with clear eligibility, tax guidance, and payout models. -
LTI Framework :
Create long-term incentive plans linked to KPIs using equity, deferred cash, and profit-sharing structures. -
Annual Reports :
We prepare clear annual reports with audited financials, key achievements, and future plans, ensuring transparency, credibility, and alignment with governance standards. -
Finance Policy Manual :
We develop tailored finance manuals covering expense management, internal controls, and IFRS/CMA compliance to strengthen governance and regulatory adherence. -
Offshore Entity Advisory :
We support the establishment of offshore entities, including jurisdiction selection, tax structuring, compliance, and back-office setup for seamless international operations. -
Asset Valuation Policy :
We design valuation frameworks for various asset classes using DCF, NAV, and market approaches, ensuring compliance with IVS, IFRS, and Taqeem standards. -
Compensation Benchmarking :
We benchmark non-executive compensation, including fees, incentives, and meeting allowances, helping organizations stay competitive while meeting global governance standards. -
Representation in Committees :
We represent clients in committees, providing structured financial insights and governance expertise to support compliance and well-informed decisions. -
Assessing Finance-Related Onboardings :
We assess CFOs and finance leaders for competencies, strategic fit, and cultural alignment, ensuring effective leadership and strong decision-making from day one. -
Actuarial Valuation :
We perform IAS 19-compliant actuarial valuations for pensions, salaries, and employee liabilities to enhance financial reporting, planning, and regulatory alignment.
FUND ACCOUNTING SERVICES
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Fund Accounts’ Setup:
We set up internal fund finance systems by subscribing to accounting tools, creating standardized charts of accounts, and establishing efficient financial operations from day one. -
Fund NAV Pack Reconciliation:
We prepare monthly NAV packs with financial and operational data, along with quarterly reconciliations, ensuring accuracy, transparency, and alignment with fund administrators. -
Financial Statements:
We draft annual financial statements under IFRS standards approved in Saudi Arabia, ensuring accuracy, compliance, and transparent year-end reporting. -
Investors’ Statement of Account :
We deliver monthly investor reports covering holdings, transactions, NAV per unit, redemptions, and distributions, providing full visibility into contributions, balances, and performance. -
Shadow Bookkeeping :
We mirror fund administrator records to verify accuracy and transparency, offering independent checks that strengthen financial integrity and ensure reliable reporting. -
CMA Quarterly Fund Report :
We prepare and submit CMA-required quarterly fund reports, including NAV, AUM, and performance data, ensuring compliance and transparent communication with stakeholders. -
Fund Budget Management :
We prepare quarterly expense reports, track utilization based on fund terms, and use metrics-driven analysis to improve financial oversight, discipline, and budget transparency. -
Payment Processing :
We handle timely fund payments through secure banking channels, coordinate with administrators, manage beneficiaries, and maintain strong relationships with creditors and investee companies. -
Waterfall Calculations :
We prepare accurate waterfall reports for investor payouts after exits or redemptions, ensuring compliance with fund terms and transparent distribution of returns. -
ILPA Statement of Account :
We generate quarterly ILPA-compliant investor reports detailing NAV, expenses, capital calls, and reconciled values, ensuring standardized transparency and reliable performance insights. -
Fund Performance Report :
We provide performance reports covering NAV trends, IRR, DPI, TVPI, fees, and distributions, aligned with ILPA standards, offering investors actionable, data-driven insights.
FUND OPERATION SUPPORT SERVICES
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SPV Audit:
Coordinate between auditors and SPVs to ensure smooth IFRS- and CMA-compliant audits aligned with fund requirements. -
Valuation Support Services:
Validate valuation data, liaise with valuers, and ensure IVS, Taqeem, and IFRS compliance for accurate and transparent fund valuations. -
Investors’ Audit Confirmations:
Prepare investor audit confirmations, verifying balances, calls, NAV, and distributions to ensure transparency and compliance. -
Portfolio Data Collection :
Consolidate financial and operational data from portfolio companies, tracking performance, EBITDA, trends, and valuation inputs for centralized monitoring. -
SHA and SPA Compliance :
Review shareholder and share purchase agreements for investor protection, governance compliance, and risk mitigation. -
Portfolio Impairment Analysis :
Conduct IFRS-compliant impairment tests and sensitivity analysis to ensure accurate, risk-adjusted valuations. -
Investment Confirmation :
Validate fund investments, recording, reconciling, and confirming capital deployment and compliance across all investments. -
Fund Sizing :
Assist in determining fund size through modeling, benchmarking, risk assessment, and expense caps, aligning with regulations and market dynamics. -
Fund Custodian :
Connect fund managers with licensed custodians for asset safekeeping, compliance, and smooth fund operations. -
Capital Call Support :
Draft letters, equalize commitments, and manage fees, providing on-demand capital call assistance. -
Fund Operator :
Coordinate between fund managers and operators to improve audit readiness, reporting, and operational efficiency. -
Financial Confirmations :
Verify financial confirmations issued to external stakeholders, ensuring clarity, transparency, and alignment across all parties. -
Cap Tables :
Manage equity ownership records, fundraising rounds, option pools, and dilution events, supporting strategic planning and investor transparency. -
Unified Report (SVC & JADA) :
Compile reports covering NAV, returns, jobs, and GDP impact, ensuring alignment with investors and regulators. -
Fund Auditor:
Manage external audit processes, scheduling, documentation, and support for timely, compliant annual audits. -
Fund Valuation :
Coordinate independent asset valuations, review results, and update records for accurate, market-aligned fund valuations. -
Carried Interest Simulations :
Model carried interest scenarios using hurdle rates, vesting, and waterfalls for ILPA-compliant, transparent profit-sharing. -
Complex Investment Instruments :
Advise on complex instruments, review terms, model conversions, assess IFRS treatment, and ensure accurate reporting and investment transparency. -
Fund’s Unit Transfer Support :
Manage investor unit transfers, approvals, and filings, ensuring transparency, compliance, smooth transitions, and alignment with fund terms.
TRANSACTION ADVISORY
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Financial Due Diligence:
Conduct due diligence on liabilities, revenue models, and working capital risks, ensuring clarity, transparency, and compliance with CMA, IFRS, and global investment standards. -
Red Flag Report:
Perform red flag reviews under AUP to identify financial, compliance, and legal risks, helping investors make stronger, lower-risk decisions. -
SAFE Agreement Templates:
Draft SAFE templates with valuation caps, liquidation preferences, and conversion triggers to standardize early-stage financing while ensuring compliance and investor protection. -
Accounting Policy Review :
Review accounting policies for IFRS and industry compliance, identify misstatements, improve transparency, and support smooth post-deal integration. -
Deal Accounting Advisory :
Provide post-deal accounting advisory including PPA, fair value adjustments, and IFRS disclosures to ensure compliance, transparent reporting, and investor readiness. -
Capital Structuring Advisory :
Advise on equity structuring post-transaction, covering SHA, SPA, dilution, and cap tables to align valuations and terms with investor agreements. -
Fund Modelling :
Build fund models for NAV returns, exit scenarios, interest sensitivity, and cash flow projections to support investment evaluation, risk assessment, and decision-making. -
Investor Side Letter Template :
Draft investor side letter templates covering exit preferences, governance clauses, and co-investment rights to ensure compliance and alignment with investor expectations.
PORTFOLIO COMPANIES SUPPORT SERVICES
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Outsourced Finance Function:
Act as interim CFOs, setting up budgeting, controls, reporting, and compliance systems to align portfolio companies’ finance with strategy and investor expectations. -
Technical IFRS Advisory:
Advise portfolio companies on IFRS 15, 9, 38, and 3, ensuring correct accounting for revenue, instruments, intangibles, and business combinations. -
Fundraising Support:
Support venture-backed firms by preparing pitch decks, financial models, and diligence materials, covering valuation, dilution, cap tables, and investor-ready KPIs. -
Pre-IPO Advisory :
Optimize financial statements, disclosures, and governance for IPO readiness, ensuring CMA, Tadawul, and IFRS compliance while enhancing valuation and investor confidence. -
Finance Structuring & Training :
Design finance team structures, implement reporting frameworks, automate workflows, and train teams to improve transparency, decision-making, and IFRS readiness. -
Finance Manual :
Develop tailored finance manuals covering budgeting, reporting, controls, and compliance processes to enhance governance, accountability, and regulatory alignment.
FINANCIAL SECTOR
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Financial Sector CFO Service:
Provide integrated CFO services for financial institutions, covering planning, reporting, risk, IT, HR, and administration to ensure compliance, expertise, and strategic balance. -
Fund Support Services:
Offer comprehensive fund support including structuring, reporting, valuations, modelling, and compliance oversight, enabling managers to focus on strategic investments and growth. -
Portfolio Companies Support:
Support portfolio companies with capital structuring, governance, fundraising, exits, IFRS advisory, and IPO readiness, ensuring strong financial foundations aligned with investor expectations. -
Transaction Advisory :
Deliver tailored transaction advisory services covering mergers, acquisitions, valuations, due diligence, integration, and capital advisory to maximize value and minimize risks.
SUPPORT SERVICES (FREE OF CHARGE)
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Ad-hoc Support:
Provide CFO-related ad-hoc tasks as needed. -
Internal Audit & Risk Committee:
Coordinate and cooperate with internal audit and risk committees. -
Board Meetings:
Attend board meetings when required, providing clarifications and answering inquiries. -
Third-Party Confirmations :
Review and manage confirmations to be sent periodically to external parties. -
Regular Visits :
Conduct visits to the company as needed.
Why J&G
Expertise & Experience
Access to highly skilled CFOs, fund specialists, and advisory professionals across industries.
Integrated Solutions
Holistic approach covering finance, governance, risk, operations, and strategic planning.
Compliance & Transparency
Ensure regulatory adherence, IFRS/CMA compliance, and robust reporting for stakeholders.
Efficiency & Flexibility
Scale services up or down based on operational needs while optimizing costs.
Data-Driven Insights
Leverage the latest financial technologies and reporting tools for informed decisions.
Value Proposition
J&G combines deep expertise, industry insights, and smart financial tools to deliver actionable advisory. We transform complex financial and operational data into clear, data-driven insights, enabling fast, confident decisions, enhancing governance, and embedding resilience for sustainable business growth.
