The CFO is a key advisor to the Executive, leveraging financial information and technology to drive evidence-based decision making. CFOs are facing a period of unprecedented change through the rapid growth in data and technology and the whole-of-government driven change agenda, including the implementation of GovERP - Are you GovERP ready? (pdf download)
The challenge for CFOs is in meeting expanding delivery requirements whilst managing a fundamental shift in how we capture, analyse, manage, present and assure our data. Synergy is able to support you throughout the transformation journey, pairing Synergy’s expertise with client resources to ensure the maximisation of outcomes, improved organisational capability and knowledge transfer.
Synergy has developed a core capability in CFO professional services, to provide financial management services to Government agencies. Synergy’s product offering is constantly evolving to meet the changing market conditions. Our service offering empowers CFO’s through the timely provision of information and business insights that include:
Business Partnering – Working in collaboration with clients to add value for CFO’s and Executive at every stage of the decision-making process;
Capability Reviews – Working with clients to determine how they are best placed to meet their future strategic and operational outcomes. We identify opportunities and provide recommendations along with development of tangible plans and costings to support future requirements;
Management Accounting – Supporting entity performance including budgeting and forecasting, balance sheet management, asset and capital management, strategic and operational reporting;
Technical Accounting – Provision of technical expertise to assist in financial statements and whole-of-government reporting, advising on compliance with the Commonwealth financial framework and Australian accounting standards, support through machinery of government changes, and ensuring appropriate business processes and associated controls to meet these requirements;
Providing advice and insights for shared service providers and assisting consuming agencies in the transition to a shared services model;
Financial Systems improvement – Optimising the use of financial systems.
We take our responsibility as 'trusted advisor' for our clients very seriously, acting with precision and insight to address their financial and performance management requirements. From navigating the complexities of government policies and frameworks, to offering strategic thought leadership with practical and hands-on support, we assist our clients in the development and implementation of sustainable and enduring solutions. We focus on delivering end-to-end solutions, empowering our clients to convert strategy into action in order to achieve desired outcomes.
Download the CFO capability brochures: