Finance Function Maturity Audit — 12 Questions, 5 Minutes
- May 24
- 3 min read
If you run a project-based business between $5M and $50M revenue — construction, EPC, solar, renewables, or carbon-credit — this 12-question diagnostic tells you whether your finance function is sized correctly for where the business actually is.
Five minutes. Twelve questions. Score yourself honestly. Then email your responses to rami@techedgeaccounting.com.au and we'll come back with a tier recommendation within 48 hours.
How to score
For each question, score 1 to 5. 1 = not happening. 2 = ad-hoc, no cadence. 3 = happens but late or inconsistent. 4 = happens reliably on cadence. 5 = best-practice, fully embedded. Sum your 12 scores out of 60.
The 12 questions
Monthly close cadence — books closed by Day 5 of the following month every month.
2. Management pack — P&L, balance sheet, and cash position delivered with narrative commentary every month.
3. Job-cost reconciliation — every active project has planned vs actual cost tracked monthly, including AASB 15 progress claim and retention treatment.
4. Cash forecasting — a 13-week rolling cash forecast with working-capital minimum line is updated and reviewed weekly.
5. Dashboard — Power BI or equivalent auto-refreshes from Xero / MYOB / payroll. Founder reads it on a phone in under 2 minutes.
6. AR / AP aging — 30 / 60 / 90 buckets reviewed weekly. Overdue debtor follow-up is systematic, not reactive.
7. Customer + supplier concentration — top-10 customer and supplier concentration tables are tracked monthly.
8. Bank covenant tracking — covenants on any facility are tracked monthly and projected forward 12 months.
9. Tax position — quarterly tax planning conversation happens on cadence. ATO position papers documented for any non-routine treatment.
10. Board reporting — directors get a written commentary pack monthly or quarterly with covenant trend, capital outlook, and capital allocation discussion.
11. Forecasting model — a 12-18 month three-statement forecast exists, refreshed at least quarterly, with scenario analysis (base / upside / downside).
12. Capital structure clarity — you know your weighted average cost of capital, your debt amortisation schedule by facility, and your equity dilution path for any planned raises.
Your score — what it means
12-24 / 60 — Finance Manager tier. Compliance and monthly close are the priority. From $2,750/month.
25-44 / 60 — Financial Controller tier. You need job-cost depth, Power BI dashboards, 13-week cash forecasting and bank reporting prep. From $4,950/month.
45-60 / 60 — Head of Finance tier. Capital structure, board-grade reporting, capital raise prep, M&A support. From $8,500/month.
What you get when you submit
Email your 12 scores (just "Q1=3, Q2=4..." is fine) to rami@techedgeaccounting.com.au. Within 48 hours you'll get back a one-page response with your tier recommendation, the gap areas to prioritise, and a suggested next conversation.
No sales call required. No mailing-list signup. Just an honest read of where your finance function actually sits and what would move it forward.
Prefer to talk it through? Book a free 30-min discovery call at techedgeaccounting.com.au.
Submit your scores
Two ways to get your tier recommendation back within 48 hours:
Option 1 — One-click email (fastest). Click the link below. Your email client opens with a pre-filled template — you just fill in the 12 score numbers, your business name, industry and turnover band, then send.
Option 2 — Book a 30-min discovery call. If you'd rather talk it through than self-score, book a free call: techedgeaccounting.com.au/contact
What you get back: a one-page tier recommendation (Finance Manager / Financial Controller / Head of Finance), the two or three highest-leverage gaps to prioritise, and the suggested next conversation. No sales call required. No mailing-list signup. Just an honest read.
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