Accounting & Finance
Virtual CFO
Senior financial judgement on the decisions that need it, without carrying a full-time CFO before the business needs one.
What it is
A part-time CFO is useful for the decisions a bookkeeper is not positioned to take: pricing, funding, structure, capital allocation and what the board should be looking at. It is a judgement role, not an additional processing capacity.
Who it applies to
Who this is for.
- Businesses too large for bookkeeping alone, too early for a full-time CFO
- Companies preparing for funding, sale or significant investment
- Owner-managed businesses without a financial counterpart to the owner
- Groups needing board-level reporting they do not currently produce
What we do
The work itself.
Establish the reporting the board or owner actually needs
Build and maintain the forecast and the underlying model
Advise on pricing, funding, capital allocation and structure
Attend board or management meetings as the finance voice
Prepare the business for diligence well before it starts
What you provide
What we will need from you.
Gathering these before the first conversation shortens everything that follows.
- Current management accounts and any existing forecast
- Clarity on the decisions in front of you
- Access to the leadership team
- Board or shareholder reporting requirements
Timeline
Usually a recurring monthly commitment agreed at the outset, increased around funding rounds, transactions or budget cycles.
Rates, thresholds and filing dates change. We confirm the current position for your entity in writing rather than publishing figures that may date.
Questions
What people ask.
Outsourced accounting produces the numbers. A virtual CFO is accountable for what is decided on the strength of them. Many clients use both.
Related
Related work
More in Accounting & Finance
Related industries
Relevant insights
Next step
Virtual CFO, handled properly.
Tell us where you are with it. If the answer is that you have nothing to do, that is what you will hear.
Not ready for a meeting? Ask one specific question instead.
What follows
- A person in the relevant practice reads it, not a routing queue.
- One reply that already contains a view, not a request to book a call.
- A written scope and fee basis, or a straight answer that there is no work to do.
- Sunday – Thursday, 9:00 – 18:00 GST