Marjiam CFO Services, LLC

Marjiam CFO Services is a Hull-based firm offering part-time and fractional CFO services to small and mid-sized businesses, mostly family owned and operated. It serves companies that need more financial support than their outside accounting firm provides. Work includes monthly, quarterly and annual closings, reconciliation of cash, receivables, payables, fixed assets and payroll, and review of balance sheets and income statements in QuickBooks or Sage.

Engagements are flexible, from a few hours a week or a few days a month to full-time or project-based work. Higher tiers add strategic guidance on 401(k) plans, compensation plans, staff training and general operations, along with metrics for improving key parts of the business and deeper growth planning. The firm describes itself as an extension of the client’s team, working with leadership to understand the business, its challenges and its goals.

What to Know

• The firm focuses on businesses with roughly 4 to 25 million dollars in annual sales.
• It prepares the standard workpaper schedules accounting firms use, so records are ready for a CPA’s tax return.
• Monthly engagements typically involve meeting with the company one to two days per month.
• It is a member of the South Shore Chamber of Commerce.