What it costs, before you call
A full-time CFO in Bangkok costs THB 250,000 to THB 500,000 a month in salary alone, before bonus, benefits and employer contributions, and most companies under a billion baht in revenue do not need one for five days a week. Here is what the alternative costs.
- Full-time CFO, Bangkok
- THB 250k to 500k
per month, salary only - Advisory retainer
- from USD 6,000
- Finance team, standard
- from USD 9,000
- Finance team, intensive
- from USD 18,000
- Fixed diagnostic
- USD 12,000
- Health Check
- Free
Four ways to engage
Financial Health Check
A review of your reporting, cash, working capital, controls, compliance and systems, delivered as a written diagnosis with a ranked list of what to fix and what it is worth. Two to three weeks. No charge and no obligation to continue.
Financial diagnostic, fixed scope
The deeper version, where the numbers themselves need restating rather than just assessing. Restatement of management accounts, balance sheet clean-up into lender-ready format, working capital analysis, a monthly seasonal funding model built from your ledger, and a compliance check. Four weeks, delivered as a written report and presented in person.
Advisory retainer
Senior CFO time without a Controller alongside. Monthly close review and management reporting, cash and collection discipline, lender reporting, and a standing sounding board. Suits a company whose bookkeeping is sound and which needs judgement rather than hands.
per monthup to 4 days per month
Finance team, standard
The two-person engagement. Interim CFO for four to five days a month, plus an embedded Financial Controller on site three to four days a week. Suits a company stabilising its close, rebuilding reporting or preparing for a hire.
per monthCFO + Controller
Finance team, intensive
For a transformation, an integration or a live sale process. Interim CFO for around ten days a month plus a Controller three days a week, front-loaded into the first six to eight weeks. Steps down automatically to a maintenance rate once the heavy lifting is done, rather than holding you at launch intensity.
per monthsteps down to 12,000
Financing execution
Preparation of the complete lender file: information memorandum, restated financials, twelve month monthly profit and cash flow projections, use of funds and repayment analysis, security summary. Then banking strategy, negotiation with your existing bank or approaches to new lenders, and support through term sheet to completion.
Project work
One goal, one deliverable, done. An M&A process, a system implementation, a chart of accounts redesign, a group consolidation build, or audit readiness. Fixed fee wherever the scope can genuinely be fixed.
Where we arrange a facility, a success fee applies on the committed amount rather than the amount drawn: 2% where the facility comes from your existing bank, 5% where it comes from a lender new to you, reflecting the difference in work involved.
We take no fee, commission or benefit from any lender. Every fee we earn is paid by you, which is the only arrangement under which our advice on which offer to accept is worth anything. Ask any adviser who introduces you to a lender whether they can say the same.
Fees are quoted in US dollars and invoiced in USD, THB or your own reporting currency, whichever suits your books. Exclusive of VAT and withholding tax where applicable. Standard out-of-pocket expenses are included; travel outside Bangkok and third-party software are charged only with your prior written approval.
| Market | Full-time senior finance hire, salary only |
|---|---|
| Thailand | THB 250,000 to 500,000 per month for a CFO, before bonus, benefits and employer contributions |
| Singapore | SGD 15,000 to 29,000 per month, before bonus and CPF |
| Hong Kong | HKD 80,000 to 160,000 per month, before bonus and MPF |
| Vietnam | USD 8,000 to 15,000 per month for an experienced expatriate finance lead |
| Every market | And that buys you one person. Our engagements put two in. |
How we scope a fee
Number of legal entities
One company in one country is straightforward. Four entities across three jurisdictions with intercompany trading and a consolidation requirement is a different job.
State of the current records
If the books are current and reconciled we can start on decisions in week two. If eighteen months need rebuilding first, that is remedial work and we price it separately rather than burying it.
What is happening this year
A steady business needs less than one that is raising, acquiring, integrating, changing systems or under a bank covenant.
Who is already in the seat
A capable controller who needs direction costs you less than an empty function where we also carry execution.
Terms
Why do you publish prices when most firms do not?
Because the first question every owner has is whether this is affordable, and making them book a call to find out wastes their time and ours. The numbers below are honest ranges. The final fee depends on scope, entity count and reporting complexity, and it is agreed in writing before anything starts.
Is there a minimum term or a lock-in?
No. Fractional engagements run month to month with 30 days notice on either side. Interim engagements have a defined term because the work does, usually three to nine months.
Are there hidden extras?
Fees are fixed monthly and include preparation, the monthly meeting and reasonable contact between meetings. Travel outside the home city, statutory audit fees, software licences and the fees of your accountant, tax agent or corporate secretary are separate and are yours to contract directly.
What happens if we need more or fewer days?
Scope is reviewed every quarter and adjusted in either direction. Most engagements are heavier in the first six months and lighter afterwards, which is the intended shape.
Is the financial health check really free?
Yes. The first call costs nothing and so does the health check that follows. You get a written diagnosis you own, whether or not you engage us afterwards. A good number of clients take it and implement it themselves, which we count as a success rather than a lost sale.
Can we move between engagement models?
That is the intended shape. Companies commonly start with a project or a Virtual arrangement, move to Fractional as the work deepens, then taper back once their own finance lead is in place.