Financial leadership and Virtual CFO support for mining and resources service contractors in Western Australia.
Financial management for mining contractors is not a commodity service. The complexity of a labour hire business with 120 employees on rotating FIFO rosters looks nothing like a plant and equipment contractor running three projects across two clients. Engagements at Resources CFO are scoped individually, and the ranges below reflect typical engagements with mining services contractors across Western Australia.
A structured contractor financial risk assessment designed to surface hidden financial pressure points before they become operational problems.
Many contractors operating in WA mining services carry financial risk that does not appear in a standard profit and loss statement. Margin compression on a fixed-price contract, debtor days creeping above the sector average, or debt service coverage tightening ahead of a facility renewal: these are the signals that a Site FRI™ assessment is designed to identify. The assessment runs across seven financial zones and produces a scored risk profile benchmarked against WA industry data.
What the assessment coversFee varies based on business complexity and volume of financial data provided. Scope confirmed before work commences.
Book a ConversationFinancial control and reporting discipline for mining services contractors establishing a reliable financial foundation.
Growing contractors in WA mining services frequently reach a point where the volume and complexity of financial activity outpaces the existing accounting function. Payroll cycles, BAS obligations, subcontractor payments, and client invoicing all carry risk when managed without structured oversight. This engagement establishes the financial control layer that makes higher-level CFO work meaningful: accurate data, timely reporting, and clear visibility over working capital position each month.
Scope of engagementRange reflects business size and reporting complexity. Engagements are month-to-month with 30 days notice after an initial 3-month establishment period.
Book a ConversationOutsourced CFO leadership for mining and resources service contractors: without the cost and commitment of a full-time hire.
A full-time CFO in the WA mining sector typically costs between $200,000 and $280,000 per year in total employment cost. For most contractors between $3M and $30M revenue, that overhead is difficult to justify: but the need for financial leadership at that level is real. Mining services cash flow management, contract profitability analysis, and the discipline to manage equipment utilisation against a rolling cash forecast are not optional at this scale. They are the difference between a contractor that grows and one that stalls. This engagement delivers that capability on a monthly retainer, without the fixed overhead.
Scope of engagementA full-time CFO in WA mining costs $200K–$280K per year. This engagement delivers equivalent financial leadership at a fraction of that cost, scoped to your business size and complexity.
Book a ConversationMining services financial advisory for contractors facing major financial decisions: priced as a fixed-fee engagement with scope agreed before work commences.
Not every engagement requires an ongoing retainer. Some of the most consequential financial decisions a contractor faces: pricing a major tender, preparing financials for a bank facility renewal, or modelling the impact of a significant equipment acquisition: are discrete, time-bound, and require focused analysis rather than continuous monitoring. Strategic advisory engagements at Resources CFO are scoped to the specific decision, priced as a fixed fee, and delivered within an agreed timeframe.
Typical advisory engagementsFee reflects the complexity and scope of the engagement. Single-deliverable projects sit at the lower end. Multi-scenario analysis with board or lender deliverables sit at the upper end.
Discuss Your ProjectBefore investing in any engagement, take the free diagnostic first. It takes 4 minutes and identifies financial pressure zones across your business: giving you a clear enough picture to decide what level of support, if any, makes sense. Most contractors find at least one zone they were not watching closely enough. No pressure. No obligation.
Mining and resources services is one of the most financially demanding operating environments in Australian business. Capital-intensive equipment fleets, labour costs that move faster than revenue, and contract structures that can shift margin by several percentage points with a single variation claim: these are not risks that standard financial management is designed to handle. Cash flow, equipment utilisation, and contract margins determine whether a contracting business survives a difficult year or builds toward something durable. Financial leadership in this sector is not a back-office function. It is a core operational discipline. The contractors who treat it that way tend to be the ones still operating: and growing: when market conditions tighten.