MDI provides services in two interrelated areas that bring hands-on financial and organizational expertise to US and international nonprofit organizations.
Our flexible consulting arrangements provide nonprofit organization with high level assistance they need in order to ensure that financial systems, procedures, and software reflect best practices and conform with accounting standards.
We work as a member of your senior team and take on the role of mentor to your internal finance team. While we play the role of CFO, we feel that it is an essential part of our work to provide your staff with the tools and expertise to take on additional responsibilities. In many cases, we leave an assignment after preparing your accountant for a promotion to Controller.
Our Services
Outsourced CFO Services
Acting as the senior financial executive, MDI Consulting provides part-time CFO services or temporary CFO services for organizations seeking a new permanent CFO, including:
Supervision of bookkeeping and/or accounting staff
Review of financial records
Preparation of long-range financial projections
Presentation of periodic financial reports
Preparation for annual audits and income tax returns
Carrying out of treasury functions, such as investments, management of working capital and overseeing of banking relationships
Evaluation and renegotiation of vendor contracts: telecommunications, technology, energy, audit firms, insurance, etc.
Financial Consulting
Design and installation of fund accounting systems
Development of financial management policies and procedures manuals
Craft Investment Policy Statements
Assist with year end close and annual audit
Board training in the fiduciary duties of board members