TFA Management Services combines the rigor of international standards (IFRS, Group norms) with an intimate knowledge of African operational realities.
Outsourced finance leadership in Supervision mode: your team produces, we frame, review and sign off.
TFA Management Services is a financial consulting firm founded by Théophile Fande Abouho, a finance professional with over 7 years of experience within multi-country international groups.
A part-time CFO for SMEs and scale-ups that need a structured finance function without the cost of a full-time hire.
→Sourcing, due diligence, valuation, deal structuring, fundraising and company creation, serving entrepreneurs and investors.
→Turnaround, clean-up and transformation of underperforming companies, through to stabilization and return to bankability.
→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.
| Dimension | Under Supervision |
|---|---|
| Principle | Your team produces; TFA frames, trains, reviews and signs off. |
| TFA's role | Architect, coach and quality controller. |
| Typical cadence | Short weekly check-in, closing review, monthly committee (1–8 days/month). |
| Prerequisites | At least one accounting resource (in-house or external) and an accounting system. |
| Accountability | Production remains yours; TFA issues formal reviews and sign-offs. |
| Budget | Monthly supervision retainer plus an initial framing fee. |
| Best for | Teams to be upskilled without hiring a full-time CFO. |
4–8 weeks: maturity assessment, procedures and templates, team training, closing calendar.
1–8 days/month: 30–60 min weekly check-in, sample-based closing review, monthly committee.
1–2 days/quarter: performance review (QBR), compliance testing, finance-function maturity scoring.
Ongoing: “ready to file” opinion before statutory filings, review before release (bank, Group, investors).
An experienced CFO at your side, without the cost of a permanent hire. All the skills of an in-house CFO, shared and accessible on a subscription basis. Our engagement spans four maturity levels — from bookkeeping (Level 1) to high-level strategic steering (Level 4) — and you start at the level that matches your situation.
Reliable, audit-ready accounting (SYSCOHADA, IFRS), kept by your team and secured by our reviews.
Management of tax and social obligations, audit preparation.
Dashboards, budget monitoring, profitability analysis.
Liquidity management, working capital optimization, financing structuring.
Building financial models and business valuation.
Process optimization, automation, team structuring.
Structuring decisions alongside the CEO and the board (Level 4).
Short, affordable engagements to get started and prove value.
Proven adjacent areas, on demand.
End-to-end support for acquisition, sale, fundraising and company-creation transactions: from target sourcing to financial deal structuring, through to launching a greenfield project. This practice area serves entrepreneurs, investors, PE/VC funds, family offices and diaspora.
From sourcing to signing: all the steps to secure an acquisition.
Financial engineering and support through to closing.
Services for investors looking to invest in African SMEs.
Maximize your valuation and secure your funding round.
From idea to launch: market study, business plan, equipment and approvals.
Short analyses to qualify a target, a valuation or a deal file.
Turning around viable but financially disorganized companies, cleaning up their management, renegotiating their liabilities and bringing them back to bankability. This practice area serves executives in difficulty, post-acquisition buyers, and investors holding stakes in need of turnaround.
Initial phase: understanding the financial reality and taking back control.
Accounts overhaul, liability restructuring and negotiations.
Turning old unpaid invoices into cash — often the fastest cash lever.
Cost reduction and sustainable operational transformation.
Interim financial leadership and team upskilling.
Rapid mapping of urgencies before any commitment.
7+ years of experience in African contexts, across multiple countries, in CFO-level positions.
Simultaneous mastery of SYSCOHADA and IFRS/Group standards. Operationally bilingual FR/EN.
We industrialise your finance function and act as a quality gate: tools, methods, training and control — never mere data entry.
Three complementary practice areas: from day-to-day management to acquisitions and turnarounds. A single point of contact.
Subscription, success fee, performance fee, co-investment — our compensation is aligned with your results.
Areas of operation
Growing businesses that need a structured finance function without hiring a full-time CFO.
Business leaders looking to acquire a company or restructure an existing operation with expert financial support.
PE/VC funds, family offices, business angels and diaspora looking to secure their investments in Africa.
Local subsidiaries requiring Group-standard reporting (IFRS, consolidation, HQ KPIs).
Viable but financially disorganized businesses requiring turnaround and a return to bankability.
Diaspora members looking to invest in Africa with a trusted local partner and fully aligned interests.
A selection of engagements delivered in Côte d’Ivoire and the sub-region. Client identities are anonymized; detailed references are available on request.
| Sector | Engagement | Deliverables |
|---|---|---|
| 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 group | Bank 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 & trading | Commercial performance analysis over 3 years from journals; bank credit file tailored to 3 institutions. | Commercial analyses, bank files, 24-month forecasts |
| Paper industry project | Côte 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 & events | Start-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 |
CFO — Senior Consultant
Available on-site and remotely · International mobility