Outsourced CFO Services

The CFO Office your business deserves

TFA Management Services structures, manages and transforms the finance function of African SMEs and scale-ups — without the cost of a full-time CFO.

Outsourced finance leadership in Supervision mode: your team produces, we frame, review and sign off.

TF
Theophile Fande Abouho
CFO — Senior Consultant
  • Expert in SYSCOHADA, IFRS & multi-country consolidation
  • Fully bilingual French / English
  • Financial process automation specialist
  • Dual local + international standards expertise
Based in Abidjan, Côte d’Ivoire — international mobility across Africa
Sound familiar?

Financial challenges holding back your growth

Many African SMEs face the same structural financial issues. TFA Management Services is designed to solve them.

Unreliable accounting

Your books are late, incomplete, or mixed with personal finances. No bank or investor can rely on your financial statements.

Unpredictable cash flow

You discover liquidity problems when it's too late. No dashboard, no visibility on your working capital requirements.

Blocked financing

You have a solid project, but banks reject your application due to lack of audited statements and a credible business plan.

Tax compliance risk

VAT, corporate tax, social contributions — the tax code is amended every year by the annexe fiscale, and penalties are expensive.

Flying blind

No KPIs, no budget, no monthly reporting. You make strategic decisions without reliable financial data.

Unmanaged growth

Your revenue is growing but you lack the tools to measure real profitability and optimize your margins.

Our expertise

Your outsourced CFO, available now

Access a senior-level CFO at a fraction of the cost of a full-time hire. We build your finance function and give you full visibility over your performance.

We structure your finance function from A to Z

We produce audit-ready statements, implement management processes, and give you complete visibility over your performance. Our intervention adapts to your growth stage and ambitions.

Ideal for

  • Growing SMEs (revenue 100M – 5Bn FCFA)
  • Start-ups preparing a fundraise
  • Companies preparing an audit or bank financing
  • Multi-country groups needing consolidation

Accounting & Financial Statements

Reliable, audit-ready accounting (SYSCOHADA, IFRS), kept by your team and secured by our reviews.

  • Chart of accounts setup
  • Accounting reconstruction
  • Monthly closings
  • Statutory financial statements
  • Group consolidation FR/EN
  • Intercompany reconciliations
  • Your team keeps the books; TFA reviews samples and signs off before filing or release.

Tax, Compliance & Audit

Full regulatory compliance and legal tax optimization.

  • Tax & social compliance
  • Tax optimization & credits
  • Audit preparation & supervision
  • Internal controls & procedures
  • CGI, OHADA & WAEMU regulatory watch
  • E-filing review before submission and quarterly compliance testing.

Management Control & Reporting

Data-driven strategic management.

  • Full budget preparation
  • Rolling forecasts
  • KPI dashboards
  • Profitability analysis
  • Periodic management reporting
  • Quarterly performance reviews (QBR)
  • Your team produces on TFA templates; monthly challenge review and QBR facilitation.

Treasury, Working Capital & Financing

Liquidity management, WCR optimization, deal structuring.

  • Cash flow planning
  • Working capital optimization
  • Payroll supervision
  • Financing applications
  • Fundraising support
  • Treasury audit & bank reconciliation
  • 13-week plan maintained by your team on the TFA template, short weekly review.

Financial Modelling & Valuation

Integrated models and enterprise valuations.

  • Integrated financial models
  • Enterprise valuation (DCF, multiples)
  • Multi-activity business plans
  • Industrial planning

Transformation & Organization

Process optimization, automation, coaching.

  • Finance function structuring
  • Process automation
  • Finance organizational audit
  • Team coaching & training
  • Interim financial management
  • Strategic CEO partnership
Our model

Supervision: how we work with you

Your finance team — in-house or your accounting resource — produces, and we coach it: we define what to do and how, train your staff, review what they produce and sign off on sensitive deliverables before filing or release. We only produce highly technical documents ourselves: financial models, valuations, credit files.

DimensionUnder Supervision
PrincipleYour team produces; TFA frames, trains, reviews and signs off.
TFA's roleArchitect, coach and quality controller.
Typical cadenceShort weekly check-in, closing review, monthly committee (1–8 days/month).
PrerequisitesAt least one accounting resource (in-house or external) and an accounting system.
AccountabilityProduction remains yours; TFA issues formal reviews and sign-offs.
BudgetMonthly supervision retainer plus an initial framing fee.
Best forTeams to be upskilled without hiring a full-time CFO.
Our method

A structured 5-step process

Every TFA Management Services engagement follows a proven methodology that guarantees concrete, measurable results.

1

Diagnostic

Audit your current financial situation and identify priorities

2

Proposal

Customized intervention plan with objectives, deliverables and timeline

3

Setup

Deploy tools, processes and financial procedures

4

Supervision

Your team runs closings, reporting and compliance; TFA reviews and signs off continuously.

5

Performance

Results analysis, continuous optimization and strategic recommendations

Our edge

Why choose TFA Management Services?

We don't offer standard bookkeeping. We bring rare financial expertise combining local and international standards, with deep knowledge of African business environments.

Field expertise
Not a theoretical consultant — 7 years on the ground in West Africa and beyond.
Dual standards
SYSCOHADA for local compliance, IFRS for investors. Fully operational in French and English.
Operational, not theoretical
We industrialise your finance function and act as a quality gate: tools, methods, training and control — never mere data entry.
7+Years of experience
MultiCountries & sectors
FR/ENOperationally bilingual
IFRSInternational standards
SYSCOHADAOHADA standards
100%Reporting deadlines met

“We have built finance functions from scratch in multi-country groups, overseen international audits, and supported complex fundraises. This is the expertise we bring to your projects.”

TF
Theophile Fande Abouho
CFO — Senior Consultant
Our clients

We serve the businesses shaping tomorrow's Africa

TFA Management Services supports high-growth sectors across West Africa and beyond.

Tech & FinTech

Tech startups and fintechs in growth or fundraising phase

Energy & Environment

Renewable energy and energy access players in Sub-Saharan Africa

Healthcare & Pharma

Clinics, pharmaceutical distributors and expanding laboratories

Construction & Real Estate

Developers and construction firms with multi-site projects to finance

Growing SMEs

Family or entrepreneurial SMEs looking to professionalize their management

Multi-country Groups

Holdings and groups operating across multiple African countries

Track record

Selected engagements

A selection of engagements delivered in Côte d’Ivoire and the sub-region. Client identities are anonymized; detailed references are available on request.

SectorEngagementDeliverables
Medical analysis laboratory (health group)Ongoing outsourced CFO: treasury audit and reconciliation across 4 banks, annual budgets, quarterly business reviews (QBR), valuation.Budgets, QBR decks, valuation report, activity report
Network of medical clinics (5 sites)Consolidated multi-site financial model, per-site business plans, multi-year rollout plan, investor info memo.Consolidated model, per-site BP, info memo, institutional deck
Medical analysis laboratory (acquisition target)Full 5-axis due diligence (legal, regulatory, financial, operational, HR), 3 business-plan scenarios, multi-criteria valuation.DD report, 5-axis checklist, business plans, valuation
Multi-entity healthcare groupBank financing files for 2 entities, structuring of flows and inter-company loan, annual activity reports.Bank files, intra-group loan agreement, activity reports
Metallurgical industry (boilermaking, piping)Full acquisition due diligence — financial, tax, legal, social — over 5 years; valuation; business plans under 2 buyout scenarios.DD report, audit report, valuation, business plans
Private higher education (university)Financial structuring for financing: dual-format financial statements (tax / bank) over 5 years, 10-year budget with 3 debt scenarios.10-year budget, financing file, institutional deck
Business school (start-up)Full multi-version business plan, opening CapEx modeling, financing file and fundraising presentation.Business plan, financing file, investor deck
Mutualized purchasing centre (start-up)Multi-scenario business plan (with / without partner, offshore option) for an inter-company purchasing centre.BP per scenario, structuring note
Medical group (clinics, pharmacies)Field sales strategy, role packs, steering rituals (WBR/COPIL), web audit and digital study, Finance-HR audit plan.Documented strategy, steering templates, audit plan
Distribution & tradingCommercial performance analysis over 3 years from journals; bank credit file tailored to 3 institutions.Commercial analyses, bank files, 24-month forecasts
Paper industry projectCôte d’Ivoire / ECOWAS market study, 5-year multi-scenario business plan, equipment sourcing, bilingual FR/EN investor file.Market study, BP, info memo, investor deck
Industrial equipment (suppliers)Receivables collection: debtor account reconstruction, unpaid-invoice matching, formal notices and collections monitoring.Contradictory statements, letters, documented recoveries
Hospitality, tourism & eventsStart-up business plans with regulatory engineering (Tourism Code, Investment Code).Business plans, regulatory notes
Family SME (retail)Multi-year financial review delivered in a short format (Quick Review).Concise analysis presentation
Services (group)Management review preparation: structuring of the executive-committee deck and dashboard.Board pack, dashboard
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Location
Abidjan, Côte d’Ivoire
International mobility · Video conference available
Availability
Monday – Friday, 8am – 6pm GMT

Free initial call

We offer a free 30-minute financial diagnostic to understand your challenges and propose the right solution.