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MEDIA RELEASE 25 March 2008

The next step in your CFO career
Accounting firm Azure Group offers career Chief Financial Officers (CFOs) the opportunity to work on a contractor basis either part-time or full-time by working in an outsourced capacity with a range of clients.

According to Azure Group's CEO and founder Michael Derin, there are many very experienced CFOs who want more flexible working hours and enjoy the variety of working with a range of clients instead of one large corporate.

"I started Azure Group six years ago with the idea of offering strategic level commercial advice to SME clients. The fundamental thing that I identified was that SMEs rarely get that level of assistance because they can't afford or attract an experienced full-time CFO normally only afforded by a large corporate and they can't find it in the consulting world.

"When we first began, the CFO outsourcing idea was not something that anyone else provided so we started by offering accounting services with a pro-active approach. Over time we worked with our existing clients to offer CFO-level advice and have grown from there," Derin said.

"Since then, we have employed a team of CFOs on a full-time and contractual basis who work with a large range of our clients and we are always looking for more CFOs to join our network," added Derin.

Jacqueline Butler joined Azure Group in July 2006 and works with seven clients as their 'acting' CFO.

"My seven clients are all very different including a funds management company that is planning to list on the ASX, a couple of biotechs, an aviation company, a legal software client and even an organisation in the film industry," Butler said.

"The variety of companies and their varying needs keeps me challenged and interested. I really like to get my hands dirty learning about their business and providing ongoing strategic advice.

"Each of them has a monthly board meeting usually at Azure's premises and we look at their forecasts and budgets and identify gaps. Unlike straight accountancy work, we go beyond just number crunching and look at revenue streams, capital raising and recommend strategies," added Butler.

"Working with Azure Group is great for me because I'm able to work four days a week so I have time to spend with my two young children," said Butler.

Jacqueline started her career in London and trained with Arthur Anderson becoming a Chartered Accountant. She then worked in Latvia and London in a number of different roles before settling in Australia with her husband and two young children.

As well as the CFO outsourced service, Azure Group is an experienced chartered accounting firm that provides ongoing service and handles one-off projects for clients. It provides its clients with proactive compliance advice to ensure that a client's tax position is considered throughout the year, not just at tax time.

For more information on Azure Group, visit www.azuregroup.com.au or call (02) 9238 1188.

Released for Azure Group by Dennis Rutzou Public Relations (www.drpr.com.au)
For further information please call Nicola Rutzou on (02) 9413 4244.

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