About Us
Who We Are – What We Do – Why We Do
About Us
We have been there. As Finance Managers and CFOs, we’ve not only witnessed but also actively shaped the inner workings of numerous companies. Our contributions have been significant, leaving indelible marks on the businesses we’ve touched.
Yet, despite our growth and experience, we found ourselves perennially anchored in a world of endless meetings, our creativity and time overshadowed by the rigors of Banking, Accounting, and Reporting.
With over 50 years of combined business acumen, we realized it was time to address this disparity. We took a bold leap, driven by a resolute belief that ‘Every business is destined for success’ and ‘The true essence of business lies in generating profit.’
Our mission became clear: to seamlessly integrate with a company’s team, offering value in Performance Support, Tax Planning, Compliance, and Governance. We aim to be the living embodiment of ‘Open Organic Intelligence,’ paralleling the capabilities of ‘ChatGPT’ in the realm of business excellence.
Who We Are
We are a boutique firm based in Dubai, UAE, specializing in professional outsourced CFO Services. Our approach is a ‘partner model’, offering comprehensive CFO services in the UAE.
Our portfolio includes Retainer CFO services, UAE Corporate Tax Advisory, and Corporate Services encompassing company structuring, formation, and management. Additionally, we provide Business Valuation, Accounting, and VAT Consultancy, among other related services, tailored to meet the unique needs of our clients.
What We Do
Recognizing the challenges and costs associated with maintaining a full-fledged financial function by SMEs, startups, and owner-managed companies, TotalCFO offers a viable solution in the form of Virtual CFO to Special-Purpose CFO.
Our services extend to UAE Corporate Tax Advisory, Accounting, VAT Consultancy, Valuation, and IFRS Advisory. Outsourcing CFO roles to a specialized firm like ours not only reduces year-round financial burdens but also ensures high-quality, competent financial management. This strategic decision allows for comprehensive financial oversight at both strategic and operational levels, at a fraction of the cost. Not to mention of associated benefits of Tax Planning, Governance and Compliance.
Why We Do
Partnering with CXOs, our CFO Hub service harnesses insights across sectors to reveal hidden business profits, with a keen focus on Tax, Compliance, Accounting, and Governance.
This profit-centric strategy forms the backbone of our simplified, customizable model. Our uniqueness lies in our collaborative approach, not just offering solutions but working with you to understand and improve your business.
Deeply rooted in finance, our team is emotionally invested in your success, combining extensive knowledge with practical skills in these key areas, ensuring each member is not just qualified, but exceptionally skilled and experienced.
Our Team
Team Member
Mr. Hemant Mundhra
Hemant Mundhra has been in Dubai for more than 20 years and is the Co-Founder of The TotalCFO. He has around 30 years of experience as Chartered Accountant and Management Accountant in various industries and corporate groups such as Al Tayer Group, Saif Al Ghurair Group, Dhabi Group, Aditya Vikram Birla Group, among others.
He has a hands-on understanding of Profitability & Cost drivers, Restructuring of debts, Contracts Management and Risk & Compliance of local laws. He has grossed up savings and increase in profitability of approx. USD 47.5m in his career so far.
He is a confident public speaker and Distinguished Communicator. His favourite quote, “You get what you reward for. If you want ants to come, you put sugar on the floor”(by Charlie Munger).He believes that ‘Profit has its own intelligence’.
CFO Partner
Mr. Tushar Agarwal
Mr. Tushar Agarwal, with extensive expertise in Tax Advisory, Accounting, and Business Solutions and memberships of University of Delhi, ICAI (India), ACCA (UK) and CPA (USA). Since the inception of VAT in UAE, Tushar has been instrumental in VAT advisory, assisting numerous corporations in devising their VAT implementation processes. His collaboration with esteemed entities, including prominent firms like Estee Advisors and Credit Suisse, showcases his rich background. Always adopting a client-centric approach, Tushar’s seasoned insights inspire both our teams and clients. His primary business focus includes advising clients on establishing business vehicles and offers various accounting structures including ancillary management services.
Vision
TheTotalCFO has set out to become a reliable firm for making SME’s DATA driven: for operation, Investment and Technology decisions related to their business.
Purpose
To make TheTotalCFO accessible to all SME’s across the globe, make them experience, our services, complementing their present Management with business, financial and strategic leadership.
Mission
Our Mission is:
- To connect and integrate all the business’s functions, departments and activities with Data.
- To Provide insights, which inspires, at the right time to the right person.
- To enhance control, compliance, reporting and performance of start-ups and SME’s
Goal
To support & Partner with evergrowing SME’s in their Financial Management, Sustainability and Growth
