Effective
management of your business finances.
What is MyCFO?
MyCFO is a team of experienced and qualified Chief Financial Officers (CFOs).
We help medium and large entrepreneurs to grow and safely scale their business. Our CFOs have gained experience as: directors, managers, analysts, advisors in corporate and SME banking, CFOs, financial controllers, as well as Regional CFOs and Management Board Members in Shared Services Centres in capital groups with global reach.
Mariusz Marciniak is an experienced CFO, with a PhD in Economics, President and Founder of MyCFO, who for the past 5 years has held key positions as Group CFO and Member of the Management Board at Shared Services Centre, a rapidly growing Polish capital group with international ambitions.
Under his leadership, the group has achieved significant success, growing and gaining prominence. Mariusz was highly committed to building and implementing financial strategies that contributed to a significant increase in the group’s turnover from PLN 400 million to an impressive PLN 1.1 billion.
In addition his determination in managing the loan portfolio enabled it to grow from PLN 50 million to PLN 400 million. He also has extensive experience in Corporate and SME Banking, which has enabled him to establish valuable business connections. Over the years he has worked at renowned institutions such as Deutsche Bank, Bank BPH, BNP Paribas and BZ WBK.
His roots go far back in banking history, as his father was the President of the Bank and his mother was the Chief Accountant in the manufacturing industry. His grandparents also left their mark in the area of finance. Despite his challenging job, Mariusz finds time for his family. He is a loving husband and a caring father of three children. Besides his professional and family activities, Mariusz is passionate about investing in the stock market and travelling.
What does your company gain?
Financial benefits
Experience in negotiating with financing institutions, optimising costs and increasing the efficiency of your business
Cost-effective solution
For a company with a turnover of up to PLN 50 million, 20-40 hours of CFO work per month is sufficient. Our services are an excellent alternative to a full-time employee.
Efficiency
We have many years and a wealth of experience in transaction execution, which is reflected in our high efficiency.
Network of contacts
Over the years, we have built a robust network of contacts that you can now benefit from. These include specialists in the areas of banking, law, taxes, grants and insurance.
Scaling up your business
We have proven time and time again that our customer’s business can scale up to several times its size. Choose to grow your business with MyCFO!
Quick to act
We understand financial processes, we know how to carry them out and implement them efficiently. Let us do it for you.
Our customers
Services
Transaction preparation (application documentation)
- support in the development of the concept,
- financial modelling (assumptions, profitability, return rates, cash flow),
- teaser,
- business plan, forecasts, analyses.
Business relationships with financing institutions
- preparation of complete application documentation,
- conducting loan processes,
- conducting Q&A sessions
- negotiations and optimisation (prices, clauses, collateral, additional conditions)
Start-up and settlement of financing
- verification of documentation + assistance during agreement signing and product launch
- preparation of documentation for starting financing / disbursement of individual loan tranches,
- final settlement of investment, preparation of budget execution documentation.
Follow Up / monitoring
Implementation of Reporting
- Sales results (Profitability by product, service, employee, sales region, company)
- Production (Cost of producing a product, Product profitability, Fixed costs, Variable costs)
Increased efficiency
- increase results by implementing cost optimisation ideas, reducing losses on unprofitable projects, reinvesting and improving areas of highest profitability
Optimisation of current legal and tax structures
Support and coordination in succession processes
Support and coordination in M&A processes (Mergers, Acquisitions)
Support and coordination in Due Dilligence processes
Support and coordination in the processes of preparing application documentation
Support and coordination in the process of settlement and monitoring of co-financing
Completed projects
INVEST PARK HAWRYLUK SP.J.
Industry: Rental of Property – Logistics Centre
Project: Logistics and storage centre
Amount: 22,600,000 PLN (4,850,000 EUR)
Product: Investment loan
Period: 15 years
Objective 1: Refinancing of the construction of 1st stage in the old bank
Objective 2: Financing of the extension of the 2nd stage in the new bank
Objective 3: Reduction of financing costs by currency translation Objective
4: Reduction/Optimisation of collateral
LEBAL S.A.
Industry: Wholesale Scrap Trade
Project: International export of scrap by vessels
Amount: 40,000,000 PLN
Product: Multi-purpose line
Period: 1 year
Objective 1: Financing the purchase of scrap for export
Objective 2: Storage of warehouse stock
KSH STEEL SP. Z O.O.
Industry: Construction of Steel Structures
Project: Contract / Delivery and assembly of steel structures
Amount: 15,000,000 PLN
Product: Loan for a specific contract
Period: contract duration
Objective 1: Financing the costs of purchasing materials and production costs for the execution of the contract
Objective 2: Increase of financial liquidity
EVEREST NIERUCHOMOŚCI SP. Z O.O.
Industry: Real Estate – Offices
Project: 1 Office Building + 1 Office/Warehouse Facility
Amount: 20,000,000 PLN
Product: Mortgage Loan
Period: 10 Years
Objective 1: Refinancing short-term bonds with a long-term loan
Objective 2: Reducing financing costs Objective 3: Improving the company’s financial liquidity
NOBILIS SP. Z O.O.
Industry: International trade / catalyst recycling
Project: Financing the purchase of goods
Amount: 70,000,000 PLN
Product: Change of Structure + Increase in financing (overdraft facility, full factoring, reverse factoring)
Period: 1-2 years
Objective 1: Refinancing of overdraft facility and full factoring
Objective 2: Increase of financing by PLN 20 million – financing expansion/development
Objective 3: Decrease in the amount of mortgage collateral
Objective 4: Elimination of personal sureties of partners
Objective 5: Reduction of financial costs by more than 200 thousand a year
KSH SP. Z O.O.
Industry: Assembly of Steel Structures
Project: Purchase of Liebherr LTM 1070 crane
Amount: 3,600,000 PLN (783,000 EUR)
Product: Operating
Lease Period: 7 years
Deposit: 25%
Buyout: 15%
Total Fees: 117%
EURIBOR1M: 3.86%
Lease margin: 1.5%
KSH INVEST SP. Z O.O.
Industry: Rental of Property –Shopping Mall
Project: Galeria Krotoszyńska
Amount: 14,500,000 PLN
Product: Jessica loan, Investment loan, Supplementary loan.
Period: 10-20 years
Objective 1: Refinancing of 1st stage in the old bank
Objective 2: Financing of the extension of the 2nd stage in the new bank
Objective 3: Reduce financing costs by using Jessica Loan (BGK), financing below 1% fixed rate%
LEBAL S.A.
Industry: Steel Distribution / Construction of Steel Structures
Project: Storage/production property 24,000 m2
Amount: 6,000,000 PLN (1,250,000 EUR)
Product: Investment loan
Period: 10 years
Objective 1: Purchase of property from Syndicate
Objective 2: Reduction of financing costs by currency translation
LEBAL S.A.
Industry: Distribution of Steel
Project: Purchase of goods
Amount: 10,000,000 PLN
Product: Overdraft facility
Period: 1-2 years
Objective 1: Financing of day-to-day business activities (inventories, receivables)
Objective 2: Increase of financial liquidity
KSH STEEL SP. Z O.O.
Industry: Assembly of Steel Structures
Project: Purchase of Mercedes-Benz AMG G63
Amount: 780,000 PLN
Product: Operating Lease
Period: 5 Years
Deposit: 10%
Buyout: 1% Subject:
Mercedes-Benz AMG G63
Total Fees: 103.02%
WIBOR1M: 0.18%
Lease margin: 1.5%
BSI CONSTRUCTION SP. Z O.O.
Industry: General contracting
Project: Financing of contracts
Amount: 8,500,000 PLN
Product: Guarantee facility, overdraft facility
Period: 1-2 years
Objective 1: Financing of contracts (materials, subcontractors)
Objective 2: Performance bond, Retention bond, Return of Advance Payment
Objective 3: Increase of financial liquidity
KSH STEEL SP. Z O.O.
Industry: Construction of Steel Structures
Project: Equity Release and the payment of dividends from recent years
Amount: 16,000,000 PLN
Product: Mortgage Loan
Period: 10 years
Objective 1: Conversion of short-term financing to long-term
Objective 2: Increase of financial liquidity
Objective 3: Payment of dividends previous years
Objective 4: Reduction of financing costs
Offer
/month
- strategic planning
- financial modelling
- maintenance of financing
- increase in financing
- insurance schemes
- controlling
- coaching/mentoring
/month
- strategic planning
- financial modelling
- maintenance of financing
- increase in financing
- insurance schemes
- controlling
- coaching/mentoring
/MONTH
- strategic planning
- financial modelling
- maintenance of financing
- increase in financing
- insurance schemes
- controlling
- coaching/mentoring
/MONTH
- strategic planning
- financial modelling
- maintenance of financing
- increase in financing
- insurance schemes
- controlling
- coaching/mentoring
/Project
- Our offer includes the entire process of obtaining investment, working capital, leasing or property financing.
- Contact us to get an individual quote for your project!
Career
PLN
- Competitive remuneration with a commission-based incentive system
- Work with the best experts in the area of finance in a dynamically developing team
- Career development through implementation of many interesting projects (both at home and abroad)
- Flexible form of B2B employment
PLN
- Competitive remuneration
- Work with the best experts in the area of finance in a dynamically developing team
- Career development through implementation of many interesting projects (both at home and abroad)
- Flexible form of employment of B2B or employment contract
PLN
- Competitive remuneration
- Work with the best experts in the area of finance in a dynamically developing team
- Career development through implementation of many interesting projects (both at home and abroad)
- Flexible form of employment of B2B or employment contract
FAQ
90% of the time – Planning for the future
10% of the time – Day-to-day operational control
Main responsibilities
– Acting as the main financial advisor of the company
– Advising the Management Board or Chief Financial Officer on financial matters
– Managing financial controllers and the finance department
– Development of financial strategies
– Development of a revenue increase plan
– Debt, equity and investments management
– Overseeing security, risk management, insurance and various types of fraud
– Implementing technological solutions in the scope of accounting automation
– When the company grows and develops rapidly and financial management becomes very intricate, requires oversight and a plan. In most cases, this is usually the 5th year of the company’s operation.
– If the company has a plan to raise investment capital or is in the midst of an investment process, the Chief Financial Officer can help attract investors.
– When the company wants to optimise spending and increase its efficiency.
– When the company wants to manage its financial reporting.
– When the company is committed to ensuring financial stability and long-term strategy.
– When a company is planning acquisitions or consolidations, the CFO can manage the financial merger and integration process.
First of all, an experienced CFO should have:
– Analytical skills
– Leadership skills
– Strategic planning
– Risk management
Other important skills:
– Communication
– Entrepreneurship
– Financial reporting
CFO:
90% of the time – Planning for the future
10% of the time – Day-to-day operational control
Main responsibilities
– Acting as the main financial advisor of the company
– Advising the Management Board or Chief Financial Officer on financial matters
– Managing financial controllers and the finance department
– Development of financial strategies
– Development of a revenue increase plan
– Debt, equity and investments management
– Overseeing security, risk management, insurance and various types of fraud
– Implementing technological solutions in the scope of accounting automation
Financial Controller:
0% of the time – Planning for the future
100% of the time – Day-to-day operational control
Main responsibilities
– Accounting department management
– Management of liabilities and receivables
– Payroll processing
– Ensuring that invoices are accurate and approved for payment
– Managing financial accounts
– Collection and debt management
– Management of external audits
– External financial reporting (financial statements, tax returns)
– Conducting internal financial analyses
– Preparation of reports for the CFO
There are many new consulting firms providing external CFO services. Unfortunately, the development of the industry does not go hand in hand with quality, qualifications and professionalism. We observe competitors offering the services of CFOs by people who in fact have never worked in this capacity or have only worked as Financial Controllers. The difference between a CFO and a Financial Controller is huge. The CFO spends 90% of their time planning for the future, 10% of their time on day-to-day operational control. The Financial Controller devotes 100% of their time to day-to-day operational control.
We believe that your company deserves to have your assets and finances managed, by the best. MyCFO is a team made up of experienced and qualified specialists.
We publish our qualifications and experience on LinkedIn. Feel free to compare us with our competition!
We believe that every company deserves a professional approach to finance. An hourly CFO service is a cost-effective solution. You don’t have to maintain an expensive full-time position in your company and wonder what exactly your CFO does and whether they are productive. You can take advantage of flexible hourly packages for just ‘part-time’. We know from experience that in order to benefit from a full-time CFO, handling multiple entities (groups of companies) is required. We believe in efficiency and productivity therefore our service is similar to the Pay-Per-Use model. We bill for each EFFECTIVE hour based on monthly reports generated by the system.
First stage – Free Meeting/Consultation
Analysis of needs, development plans, current problems.
Determination of the scope of business relationship, selection of appropriate partnership model (package/project). Partnership offer/agreement/timeframe.
Second stage – Action Plan
Analysis of the current financial situation (Audit).
Development of the action plan for 3/6/12 months.
Development of the action strategy for 3-5 years.
Third stage – Implementation
Optimisation of the financing structure, collateral, covenants (responsibility for contact with financial institutions)
Optimisation of cost structure, level of current assets.
Budgeting Development of incentive systems
Assessment of investment projects, financial modelling,
Contact and partnership with auditors, banks, insurance companies, investors
Coaching/mentoring of customer’s financial/controlling/accounting department and quality/quantity/time supervision
