We Provide a Range of CFO Advisory Services
At Mask
By working closely with CFO and Finance teams across the Federal Government, We have specialists in finance functional transformation, accounting change, financial management, transaction accounting advice, and Federal Government budget management matters. At MASK, we help our clients make their finance functions more efficient and effective.
CFO Advisory
Financial Reporting
Mask understands the importance of accurate and reliable financial reporting. Our team of professional candidates have extensive experience in the preparation of departmental & administered financial statements, developing the Portfolio Budget Statement (Yellow Book), and Annual Reports for Department of Defence. Other areas of expertise include assisting Australian National Audit Office with audit activities, proposed remediation activities as a result of Yearly Audits, and assisting departments to meet their internal and external reporting requirements.
Management Reporting
Providing timely and useful information to the decision makers is paramount to manage risks and utilise potential opportunities. Our team of experts with their data manipulation and systems knowledge skills , can present complex information in a summarised and easy to understand format. Development of 5 to 10 years budgets and reporting them through automated templates across organisations such as CSIRO, Air services Australia, ACT government have been executed and well received by our clients.
Budgeting & Performance
Our professional candidates have contributed in building portfolio budget statements, and preparation of budgeting and costing analysis for senior committee consideration. Branch & Division budgets are built using bottom up and top down approaches , which have enabled cost and expenses to be captured at the correct level, and variance commentary provided by undertaking comprehensive analysis and investigation. Recent work includes development a Project dashboard for Defence programs, to capture associated costs and budgets over a 20 year period.
Project Costing
The ability to procure and sustain capability in the most efficient and effective manner is crucial to Defence. Mask Services understands that, and our team of experts have successfully assisted Defence projects in developing analogous and rough order magnitude costs, to secure funding for capability acquisition and sustainment. Our experienced Cost Estimators have costed Maritime Response Capability, & Future Maritime Surveillance capability , which enabled Home Affairs with access to much needed funds in order to further strengthen Australian Border Force security.
Activity Based Costing Projects
Our candidates have built interactive cost models, with user instructions, dashboard, data inputs and outputs to enable clients to estimate changes in budget, actuals & forecast. Engagement with the stakeholders throughout the process ensures the cost outputs are accurate, reliable & fit for purpose. The robust cost models contains instructions, cost drivers, and assumptions are well captured, to encourage easy use of these template across a wide group of users.