YOUR TRUSTED PARTNER TO A MORE FISCALLY SOUND PRIVATE CLUB
Private Club Financial Services
Fractional CFO & Financial Analyst Support Partnership
Not every club has the budget to employ a full time Chief Financial Officer.
Or perhaps your club has an outstanding accounting team, but there's simply not enough hours in the day for additional ad hoc Board/Finance Committee projects and analysis.
We can provide expert private club CFO support for less than the cost of an entry level Staff Accountant, and be a value-added resource for your existing on-site accounting team for a fraction of the cost.
Better. Together.
Your accounting team is stretched with the day-to-day grind of daily paperwork, invoice processing, posting member payments, bank recs, membership needs, HR issues, and what feels like constant interruptions.
The nature of the industry means there is little to no time to ever work on GM, Board, and Finance Committee projects, strategic analysis, or long-range asset planning.
Financially Astute Clubs exists to provide a partner to your Controller, and the support they wish they've had all along.
30 Year Capital Asset Planning & Capital Cashflow Management
Private clubs have tens of millions of dollars of assets on the balance sheet that need to be accurately understood for cost & realistic useful life, with funding mechanisms in place to cover the expense of their eventual replacement & refurbishment.
Let us be your partner using best-in-class long range planning systems to prepare your club for the future and reduce likelihood of dreaded capital assessments.
Confidential Financial, Operational & Internal Control Evaluation
Private clubs are multiple business operations rolled up into the overall organization. Learn how we can evaluate the KPI's that matter, improve your internal controls & department operational efficiency, tighten up the balance sheet reconciliations and month-end processes, improve use of technology and automation, help your team prepare for a clean annual 3rd party audit, and move the needle so your club is well positioned for success.