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Home / Business Services / Virtual CFO

Virtual CFO/Financial Controller Services

Our Efficient Virtual CFO Services

Elevate your business with our Virtual CFO services, a comprehensive solution for advanced advisory and finance needs. Our role as your Virtual CFO involves integrating closely with your business, managing most, if not all, finance functions.

Virtual CFO services are transformative for growing companies. They offer the best of both worlds: on one hand, timely and accurate bookkeeping by our expert team, and on the other, quality accounting reports and tax preparation. But the true value lies in the hands-on approach of a CFO who deeply understands your business, driving success and results.

Embracing a Virtual CFO service fills the Chief Financial Officer role within your business and provides a flexible, on-demand solution to navigate complex financial landscapes. This service is especially beneficial during critical phases of your business journey.

A Virtual CFO’s focus is on sustaining momentum and growth, while meticulously managing financial affairs. They play a pivotal role in ensuring your business aligns with its goals, and if needed, they assist in setting new objectives to track progress. The CFO is more than just a financial overseer; they are strategic partners who propel your business towards its objectives.

How Can Our Virtual CFO Services Help You?

Our virtual CFO services take the best elements of all the rest of the services we provide to our clients and integrate them into your business, which means that you have the power of an entire accounting team at your back.

It starts with looking at your bookkeeping, data entry, debtor and creditor and creating a streamlined process to ensure that timely and accurate information is input.

We can either integrate our bookkeepers, or provide policies, procedures or training to your bookkeepers. We then get an understanding of all key stakeholders to the business (ATO, ASIC, Owners, Managers, suppliers, customers) and implement a reporting schedule that suits your business.

Our virtual CFOs work closer with you, so we know exactly what’s going right and what needs improving. We work together on a weekly or monthly basis to continue to turn the screws in your business.

Here are some common outcomes of our virtual CFO service:

Improved productivity and profitability
Tweak business processes and financial management systems
Facilitate growth or the transition to new markets
Manage or undertake tax and compliance obligations
Stringent cash management. We’ll free up cash flow, allowing you to invest your capital where you need it the most
Advanced analytics, which can deliver valuable insights that will see your management team implementing key business decisions with confidence
Integrated systems and advanced financial software that will improve efficiency
Fully reconciled and accurate accounts in preparation for tax time
Detailed reporting to support management teams and stakeholders

Why Do Businesses Need an Outsourced CFO?

The best part about our virtual CFO services is that you can engage us in a long-term capacity, or for short-term projects.

Companies typically seek an outsourced CFO for a variety of reasons. Often, businesses need a virtual CFO to:

Bridge a skills gap temporarily while the CFO role is filled
Advise on a short-term project that required specialist skills
Assist with a complicated financial transaction or business deal
Assist temporarily in scaling or restructuring
Help raise capital
Budget and forecast for a critical sales period

If you don’t need a comprehensive virtual CFO service just yet or you’re looking for a more sustainable long-term solution, we can create a customised business tax service package to suit your needs.

Learn more about our business accounting services here.

Business Services

Book an obligation-free consultation here.

(07) 5593 6060

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What Our Clients Say

Chris and the team have offered constant and ongoing advice and support as we’ve faced the challenges of a fast-growing business. QC Accountants have been able to keep up with us and guide us each step of the way. QC’s highly experienced and friendly staff have a deep understanding of our business’s unique needs and are an absolute pleasure to work with. I’d recommend QC to anyone as they’ve always been there offering excellent support whenever needed.

When purchasing our business Chris from QC Accountants provided a comprehensive due diligence report and this report was crucial in understanding the business we were purchasing. We then used this information to negotiate the purchase price. He also assisted with providing documentation to the bank to help secure our business loan. The past 18 months during COVID have been challenging, Chris’s ongoing support, help and advice has been priceless during this difficult period. QC Accountants took the stress away when applying for Job Keeper, cash-flow boost and Government grants. AC Fitouts is extremely happy with Chris and the team at QC Accountants. They are wonderful to work with and I would highly recommend their services. They are professional, knowledgeable, reliable and friendly.

QC Accountants has been of great assistance to my business in setting up and implementing an efficient accounting system which has permitted strategic decision making surrounding marketing, service expansion and investments. They have great communication, a friendly and down to earth team, and are transparent and always willing to assist or provide advice when needed. QC has an array of services which were tailored to our individual business needs, not to mention competitive pricing.

QC Accountants have been instrumental in the growth and streamlining of my business. They have assisted me with tax grants that I would have otherwise not known about or been unable to complete alone. The team at QCA are very responsive, friendly and patient. If I have a problem or question, they are onto it right away. I would recommend them to everyone because they are an honest and local business that you can trust.

QC Accountants were a shoulder to lean on in our early days, helping and guiding our business to meet all our regulatory and financial obligations. They kept their steady hand on the tiller, playing the role of Chief Financial Officer, from financial modelling, budgeting, bookkeeping, financial accounts preparation, board management accounts, liaising with our auditors - nothing was too much. This allowed us to focus on growing our business with their financial input which was invaluable! Their accessibility, their willingness to listen to our particular needs and coming up with a solution is first class. For any business out there that doesn't have the ability to have a dedicated Financial Director then appoint QC Accountants. They will get the job done and give you back the time to focus on what is important to you and your business.

QC Accountants have been a great foundation of knowledge and support for us as new business owners. I'm able to call or email anytime with the same day turnaround and there is always someone on hand to help navigate any issues within the business. There is never a problem too big or small! I would recommend QC Accountants because they are relatable, reliable and efficient. As a new business owner learning the ropes, it is really nice to be able to call and have someone teach me the process in how they solved an issue so I can learn along the way. I've always felt like there are no silly questions and we are all part of a team.