Services

At FSFinancial, we understand that every company is unique. We use our extensive industry expertise, paired with collaborative thinking to provide service to all shapes and sizes of telecommunication companies in the United States.

Why would you need a virtual CFO service?

We modeled our business to offer unprecedented CFO services to clients who required financial advisors they could trust to guide them through major events. We built our business based on integrity, honest communication, accountability, and are dedication to taking exceptional care of our clients.

We offer Virtual Financial Management services to the telecom world. Our services and packages are developed to best serve the needs of our clients. Our three main service tiers are shown below.

CFO, Controller, Accounting Manager

In addition to our full-service packages, we offer a full range of additional financial and accounting services.

Day-to-Day Financial Operations

  • Assistance with day-to-day financial operations, including Accounts Payable, Payroll, Customer Billings, etc.
  • Assistance to client staff

Monthly and Quarterly Financial Services

  • Creation, preparation and review of financial account reconciliations
  • Lender loan covenant compliance reporting
  • Review of payroll and Federal, State and Local tax reporting
  • Creation and preparation of periodic financial statements
  • Preparation and analysis of periodic financial statements, budget reports, operating report metrics and board/shareholder meeting reports

Annual Financial Services

    • Informal review of Annual Financials
    • Assistance with annual reconciliation of accounts
    • Preparation and analysis of Annual financial statements, budget reports, operating report metrics and board/shareholder meeting reports

      Internal Controls

        • Review, refining and documentation of current internal controls​

        Interim Accounting Manager / Controller / CFO Services

          • Assistance with internal transition plans due to vacancies in key financial positions​

          Government Program and Regulatory Assistance

            • Assistance with Monthly, Quarterly and Annual Reporting and Compliance
            • Assistance with Cost Consultant
            • USF, CAF2 & RDOF Compliance

            Loan & Grant Acquisition Services

              • Preparation of financial statements and lender required forecast of financial operations​
              • Assistance with lender presentation and negotiations
              • Assistance with drawdown of funds requests
              • Preparation of detail and backup of expenditures to supplement drawdowns
              • Experience with multiple USDA, Federal, state and bank loan and grant applications.

              Loan & Grant Maintenance Services

                • Experience with multiple USDA, Federal, state and bank loan and grant applications.
                • Preparation and analysis of periodic financial statements and financial covenants for continued program compliance

                Mergers and Acquisition Assistance

                  • Due Diligence Procedures on merging entity​
                  • Assistance with combination and addition of Company financial operations