Consulting and Advisory

We assist clients in evolving their corporate processes to meet current market demand and achieve both short- and long-term objectives. We draw on a deep corporate pedigree that possesses the necessary diversity, proficiency, and experience to move clients toward their corporate requirements, allowing them to focus on achieving their strategy and realizing their goals.
Our range of enterprise management consulting and advisory services covers subjects areas such as:

• Strategy
• Governance
• Risk
• Assurance
• Information and Technology
• Sourcing

Several established institutions failed as a result of the 2008 global financial crisis. Inadequate corporate governance and compliance were frequently cited as major causes of business failure. As a result, regulators around the world have implemented tougher measures and increased regulatory oversight. Tax and sanction regimes have become more stringent as well making governance and compliance critical areas of focus for institutions especially regulated ones.

Our Corporate governance solutions covers both the corporate and technology governance domains and include;

• Framework, reviews, development & enhancements e.g. COSO, COBIT, Best Practices and International Standards.
• Board Support and Performance Reviews.
• Internal Control Assurance Monitoring, Reviews & Enhancement.

Our risk and compliance consultants collaborate with management, board members, and outside counsel to assist organizations in meeting regulatory requirements, responding to noncompliance situations, and improving processes related to information systems that support governance, risk, and compliance (GRC). Through a combination of assessments, process improvement, and model review and validation, Consilium assists clients in taking a disciplined approach to managing credit, market, and operational risks. We have expertise in:
• Risk and Compliance
• Enterprise Risk Management
• Anti-Money Laundering Compliance
• Capital Management
• Credit Risk
• Market & Commodity Risk
• Operational Risk
• Regulatory Compliance & Remediation

To achieve effective change management in response to the fast pace of changes in the business environment, organizations must strive to streamline processes and leverage technology with improvement in operations. Changes are opportunities for improvements to processes which can include financial process improvements, incorporating risk considerations into performance management activities, complying with new accounting requirements, implementing new technologies and cost reductions. Implementing these processes with improved operational efficiencies, cash flow, cost control and optimization, security and risk management is one of the game changer forindustry leaders.

Business Performance Improvement professionals at Consilium combine proven services and capabilities to enable long-term business transformation and results. We apply innovation, collaboration, and technology acumen across your organization, from process tweaks to major organizational structure optimization, back office to external financial reporting, and cost reduction to working capital issues.
• Business Transformation
• Business Transformation
• Finance Transformation
• Operations & Supply Chain
• Sourcing and Procurement
• Organisational Transformation
• Customer Experience

Our Financial Reporting professionals are chartered accountants with extensive experience in financial reporting across multiple jurisdictions and accounting frameworks (including IFRS and US GAAP). Our financial reporting experts provide the critical functional and project management expertise required to prepare for and manage non-routine situations such as the transition to new accounting standards, restatements, mergers, and IPOs in a cost-effective manner. We actively monitor new accounting rules, notify clients of changing requirements, and assist clients in addressing complex accounting or reporting challenges, such as the transition to International Financial Reporting Standards (IFRS).

Our services and solutions for Financial Reporting include:
• IFRS Conversion
• Training on Accounting Standards
• Implementation assistance with complex standards such as IFRS 9 and IFRS 15
• Impairment testing
• Purchase Price Allocation
• Preparation of proforma or projected financial statements
• Preparation of carve-out financial statements
• Development of chart of accounts
• Providing interim CFO/Controller
• Assistance with consolidation process, including automated consolidation tool
• Revenue Recognition Processes and Controls
• Stock-based Compensation
• Fair Value Accounting
• Post-merger integration of financial reporting process
• Preparing Accounting/Finance Manuals
• Accounting Assistance
• Documentation, evaluation, and testing of Internal Financial Controls (IFC)
• Compliance cost reduction by rationalising risks and controls and implementing risk-based testing
• Improvement of internal financial controls and the quality of key upstream business processes affecting financial reporting
• Governance Portal implementation and support

Assists clients in identifying and managing their information technology-related requirements, including risks associated with the use of IT

Connecting Talent with Opportunity through Strategic Professional Sourcing — Our Professional Sourcing service at Consilium House operates at the intersection of talent and enterprise, meticulously matching industry-leading professionals with transformative roles in dynamic organisations. We approach talent acquisition with a rigorous methodology, considering not just the technical skillset but the cultural fit and long-term visionary alignment. From executive search to contingent staffing, our expansive network and astute evaluation ensure you enlist professionals who will catalyse growth, inspire innovation, and elevate your company to new heights
We have a rich pool of professionals from different backgrounds and skills in

• Banking and Finance
• Compliance
• Risk
• Internal Audit
• IT Security