You have got $400,000 sitting in receivables and a payroll due Friday. The work is done, the invoices are sent, and somehow you are still scrambling to cover the basics.
You know you are owed the money — so why does it still feel tight?
Because owing and having are two different things, and most mining businesses do not have a clear picture of the gap between the two. Your accounting software shows profit. Your BAS is up to date. But nobody is modelling when cash actually arrives versus when it needs to leave. Without that forward view, every slow payer creates a ripple — delayed supplier payments, credit card float, overdraft creep. The problem is not that clients pay late. The problem is that you cannot see the impact of late payment until it hits your account. A fractional CFO WA owners trust will build that visibility before the damage is done.
What changes when you can see two months ahead instead of two days
This is where cashflow forecasting earns its keep. At 360 Fox, through the Your Finance Controller service, we build rolling cashflow forecasts specifically for mining and resources businesses — accounting for long payment cycles, staged invoicing, mobilisation costs, and seasonal crew changes. You see exactly when gaps are coming. You know which clients are consistently dragging your cash position. You can negotiate better payment terms with evidence, time drawdowns properly, and stop making reactive decisions under pressure. An outsourced finance director Perth mining owners can actually rely on does not just report what happened — they show you what is about to happen so you can act early and act well.
The contracts are solid — it is the space between invoice and payment where most mining businesses quietly lose ground, and that space is fixable.
Not sure where your numbers are leaking?
360 Fox works with Perth business owners to find the gaps, fix the reporting, and build a financial plan that actually works. No jargon. No lock-in. Just clarity.