Corporate Financial Outsourcing (CFO) is a core competence of managing enterprise risk and successfully executing business strategies. Since functions such as Tax Compliance, Payroll Processing, Consolidation and Financial Accounting demand dedicated time, resources and a high level of competence, our CFO services can help you to address such demands while staying focused on your core business functions and go-to-market strategies.

At IBA, we combine subject matter competencies, globally integrated experience and standard processes to deliver seamless, high-quality, transparent services. Our team comprises a group of dedicated professionals who provide tax compliance, accounting, consolidation, payroll management and other finance and accounting-related services to domestic and foreign companies.

We can offer you either a full suite of globally integrated and coordinated services, or customized services, depending on your requirements. Further, our CFO services are given either at a client’s location or from our location depending upon the requirement.

Our services include:

Bookkeeping

  • Accounting in accordance with the GAAP including Revenue, Expense & Fixed Assets;
  • Inventory and Supply Chain Accounting;
  • Documentation and maintenance of complete and accurate supporting information;
  • Account Reconciliations (bank, cash, sub-ledger);
  • Intercompany Accounting;
  • Closing and Group Consolidation;
  • Financial statement preparations and audit support

Management Reporting

  • Customised reporting on various financial parameters ;
  • High-level summaries and detailed data breakdowns for further investigation;
  • Decision support and control;
  • Reconciliation, intercompany and fixed assets policies that drive effectiveness and efficiencies;
  • Budgeting and Forecasting;
  • Group consolidation activities for simplified reporting

Payroll Services

  • Payroll Processing;
  • Assistance in statutory compliances in relation to payroll services;
  • Assistance in tax issues related to payroll of individuals;
  • Personal employee support services concerning their payroll matters;
  • Employee Help Desk

Treasury /Bank Related Services

  • Assistance in opening corporate bank accounts to be used for operating and investment purposes at leading banks;
  • Establishing relationships with banks to facilitate client applications, depending on their specific needs;
  • Bank account signatory services for client bank accounts to facilitate payments, transfers and other transactions;
  • Remittance monitoring;
  • Maintenance of bank account records;
  • Liaisoning with banks when required;
  • Facilitation of Bank Guarantee facility