Resources CFO · WA Mining & Resources Services

Pricing & Engagement Model

Financial leadership and Virtual CFO support for mining and resources service contractors in Western Australia.

All engagements are scoped individually · Prices represent typical ranges · GST additional
How Engagements Are Structured

No fixed packages.
Scoped to your business.

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.

Engagement scope is shaped by
Operational complexity: number of crews, sites, projects, and client relationships in play at any time
Contract structure: fixed price, schedule of rates, reimbursable, or hybrid; tenure and renewal exposure
Reporting requirements: internal management reporting, board packs, lender covenants, or investor obligations
Working capital exposure: debtor days, equipment finance obligations, and the gap between mobilisation cost and first invoice
Engagement 01 Contractor Financial Risk Assessment

Site FRI Financial Risk Assessment

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 covers
Financial risk score: composite score across seven risk zones, calibrated to WA mining services sector benchmarks
Sector benchmark comparison: your KPIs measured against IBISWorld data for WA mining and resources services contractors
Zone-by-zone risk analysis: liquidity, contract concentration, labour efficiency, cost structure, capital adequacy, profit quality, and forward forecast
Identification of pressure points: the specific financial patterns creating risk in your business, with dollar-quantified exposure ranges
Improvement priorities: a ranked action list with the highest-impact items for your risk profile
30-minute review session: a structured debrief to walk through findings and agree on priorities
Many contractors engage with a Site FRI™ assessment before committing to ongoing financial support. It establishes a clear baseline and ensures any deeper engagement is targeted at the right areas.
Typical Engagement Fixed Fee · One-Off
$950 – $1,250
+ GST · Delivered within 5 business days

Fee varies based on business complexity and volume of financial data provided. Scope confirmed before work commences.

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Engagement 02 Monthly Retainer

Financial Control & Compliance

Financial 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 engagement
Monthly management accounts: profit and loss, balance sheet, and cash flow statement prepared and reviewed monthly
Labour cost monitoring: payroll reconciliation, superannuation, and labour cost as a percentage of revenue tracked against budget
Receivables and payables oversight: debtor ageing, collections follow-up, and creditor scheduling aligned to cash position
BAS and GST oversight: preparation and review of quarterly obligations, with year-round compliance monitoring
Working capital monitoring: cash runway, current ratio, and net working capital position reviewed and reported each month
This engagement is typically the foundation layer for contractors moving toward Virtual CFO support. It establishes the data quality and reporting cadence that more advanced financial management depends on.
Typical Engagement Monthly Retainer
$2,500 – $4,500
per month + GST · Month to month

Range reflects business size and reporting complexity. Engagements are month-to-month with 30 days notice after an initial 3-month establishment period.

Book a Conversation
Engagement 03 Virtual CFO · Core Service

Virtual CFO for Mining Contractors

Outsourced 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 engagement
Cash flow forecasting: rolling 13-week cash flow model updated monthly from actual data, with variance analysis against prior forecast
Scenario modelling: financial impact analysis for contract wins, mobilisation decisions, crew changes, and equipment additions
Contract profitability analysis: gross margin per contract, budget vs actual, and early identification of margin compression
KPI dashboards: contractor-specific performance indicators tracked monthly and benchmarked against the WA sector
Equipment finance analysis: buy vs lease modelling, utilisation tracking, and DSCR monitoring against lender covenants
Monthly CFO strategy sessions: structured 60-90 minute sessions covering financial position, risk flags, and forward priorities
This service is typically suited to contractors with $3M to $30M in annual revenue. Engagements at the upper end of the range include board-level reporting and lender relationship support.
Typical Engagement Monthly Retainer
$5,500 – $8,000
per month + GST · Month to month

A 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.

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Engagement 04 Project-Based · Fixed Fee

Strategic Financial Advisory

Mining 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 engagements
Tender pricing analysis: cost modelling, margin sensitivity, and risk-adjusted pricing for major contract bids
Budgeting and financial planning: annual budget, 12-month forecast, and assumptions review aligned to contract pipeline
Funding preparation: bank-ready financial packages, DSCR analysis, and lender narrative for facility applications or renewals
Contractor growth modelling: financial impact analysis for scaling decisions, new market entry, or acquisition scenarios
Financial restructuring: working capital restructure, debt facility review, or creditor management strategy under financial pressure
All advisory engagements are fixed fee with scope agreed in writing before work begins. Engagements typically run between two and eight weeks depending on complexity.
Typical Engagement Fixed Fee · Project-Based
$6,000 – $20,000
+ GST · Scope agreed in writing

Fee 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 Project
Not Sure Where to Start

Start with the Free
Financial Risk Diagnostic

Before 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.

12
Questions
4
Minutes
7
Risk Zones
$0
Cost
Start the Free Financial Risk Diagnostic
Free · Self-reported snapshot · No obligation · Helps you decide if you need support
What the diagnostic identifies
Liquidity and cash survival pressure: runway, debtor days, and working capital gap
Contract and revenue risk: concentration, pipeline coverage, and renewal exposure
Labour and utilisation efficiency: cost as a percentage of revenue against sector benchmark
Cost structure and margin compression: gross margin trend and overhead absorption
Capital and solvency position: debt service coverage and equipment finance exposure
Profit quality and sustainability: cash conversion and accrual-to-cash divergence
Forward risk forecast: pipeline visibility and budget confidence over the next six months
A Final Note

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.

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