TFA Management Services structures, manages and transforms the finance function of African SMEs and scale-ups — without the cost of a full-time Finance Director.
Outsourced finance leadership in Supervision mode: your team produces, we frame, review and sign off.
Many African SMEs face the same structural financial issues. TFA Management Services is designed to solve them.
Your books are late, incomplete, or mixed with personal finances. No bank or investor can rely on your financial statements.
You discover liquidity problems when it's too late. No dashboard, no visibility on your working capital requirements.
You have a solid project, but banks reject your application due to lack of audited statements and a credible business plan.
VAT, corporate tax, social contributions — the tax code is amended every year by the annexe fiscale, and penalties are expensive.
No KPIs, no budget, no monthly reporting. You make strategic decisions without reliable financial data.
Your revenue is growing but you lack the tools to measure real profitability and optimize your margins.
Access a senior-level Finance Director 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 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
Reliable, audit-ready accounting (SYSCOHADA, IFRS), kept by your team and secured by our reviews.
Full regulatory compliance and legal tax optimization.
Data-driven strategic management.
Liquidity management, WCR optimization, deal structuring.
Integrated models and enterprise valuations.
Process optimization, automation, coaching.
Your in-house finance team produces, and we coach it: we define what to do and how, train your staff, review what they produce and sign off on their sensitive deliverables before filing or release.
If you use an external accounting provider, their scope stays theirs: we do not review their work, and we act upstream (organizing your team, quality of the records passed on) and downstream, putting your accounts to work: deciding, financing, negotiating.
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 Finance Director. |
Every engagement follows the same sequence, set out in our terms of business: your team produces; TFA frames, trains, reviews and signs off.
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 on filings prepared by your team, review before release (bank, Group, investors).
We don't keep your books: we turn them into a decision-making tool. We bring rare financial expertise combining local and international standards, with deep knowledge of African business environments.
TFA Management Services supports high-growth sectors across West Africa and beyond.
Tech startups and fintechs in growth or fundraising phase
Renewable energy and energy access players in Sub-Saharan Africa
Clinics, pharmaceutical distributors and expanding laboratories
Developers and construction firms with multi-site projects to finance
Family or entrepreneurial SMEs looking to professionalize their management
Holdings and groups operating across multiple African countries
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 Finance Director: 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 |
Email or call us to discuss your needs — we respond within 24 business hours.
Free initial call
We offer a free 30-minute financial diagnostic to understand your challenges and propose the right solution.