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Do you have a Financial objective we can help with?

CFO Advisory

The Virtual CFO Group presents a range of professional CFOs who have many years of experience working with the owners and senior management teams in small and medium-sized enterprises. They have a proven track record in growing the profitability of their clients and achieving secure financial positions from which the client businesses can create wealth for their owners. Through an improved understanding of the drivers of performance and proactive planning processes, this can be achieved in your business.

Strategic settings and impact on financial position
Reporting structures & design
Planning & review
Finance department strategies
Finance team development

Financial Controller

The Virtual CFO Group has well-developed systems and models to provide an efficient oversight of the financial controller activities in your business. From accounting policies and procedures through to structured controls, we can ensure your accounts are reliable and accurately demonstrate your financial performance. We provide tailored reporting for your organisation and structure and these reports can be fully automated to enable fast and reliable reporting for timely management review.

Management of the Integrity of accounts
Balance sheet reconciliations
Accounting policies & procedures
Matching of income & expenditure
Period end adjustments
Financial reporting
Consolidated reports

Dashboards & Analytics

The Virtual CFO Group provides a range of performance analytics to provide client businesses with critical information for improving performance. These can be fully automated and available to authorised users through a range of output devices including smartphones, tablets and computers. These can include live information and can access a range of internal and external data sources.

Key metrics & performance indicators
Automated sales & marketing reports & analytics
Automated operations reports & analytics
Financial reports & analytics
Cloud-based dashboards
- Power BI
- Jedox

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3-Way Forecasting

The Virtual CFO group specialises in 3-way forecasting. This is the key planning tool for forecasting performance in the outlook period and for managing critical cash reserves during this period. Our models have been developed over many years and enable bottom up contributions from the key functional departments in the business. The 3-way forecasting process is a powerful management tool as it focuses management on the behaviours of key drivers.

Forecasting operating performance
Forecasting balance sheet needs
Forecasting cash reserves

Treasury Management

The Virtual CFO Group can oversee the key treasury management functions in your business. Managing cash reserves, finance facilities and FX risk exposures is vital to ensure your business can focus on managing the business and not managing cash. This is also a critical wealth generation activity where we can advise on appropriate balance sheet ratios and support strategies that will generate wealth-creating return on equity levels.

Cash forecasting
FX exposure management
Finance facilities
Return on equity
Debt facility management
Dividend policies

Finance Control Hub

The Virtual CFO Group has worked with many SME clients over many years and understands how important it is to have a structured control hub in which the key financial management requirements of the business can be conducted. We also understand the need for disciplined administration of this hub to ensure efficient finance functions and to enable the internal audit and review processes needed to ensure all accounting practices are being undertaken correctly and ensure accounting anomalies will be found.

Formalised financial control format
Models, templates & systems
Structured SharePoint
platform
Data warehouse
Budgets & forecasts
Reports & analyses
Financial control
Strategies & projects

Projects

The Virtual CFO Group has a great deal of experience working on special projects. Projects will be assessed and financial models established prior to commencement. Projects can then be implemented within the financial controls established to enable the projects to achieve the financial outcomes expected. Additionally, this process can avoid hidden financial pitfalls and enable management to prioritise between a range of project options.

Capex models
Acquisition models
Start-up businesses
Standard cost systems
Capacity planning
Work in Progress valuations
Pricing reviews
Incentive systems

Achieve your business goals like these successful companies

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Anthony Innovations

“The Virtual CFO Group has assisted us to implement and maintain rolling 3-way forecasts. This provides us with a clear understanding of the expected profitability levels and forecast cash positions across our group of companies. They provide valuable support to our internal finance departments and work closely with the management teams across all divisions."
Cross Docks Australia

“Since working with the team at the Virtual CFO Group, we have implemented proactive planning and review processes that have assisted us to grow our profitability and have a clear understanding of our cash position across the outlook period. We would recommend them to other medium-sized businesses.”
Detector Inspector

“In 2017 we took on venture capital for our business. They would not have agreed to the deal without the detailed financial budgeting/forecasting reporting that we had at hand. The venture capital people commented that the level of reporting detail we had at hand was similar to that of much larger companies they worked with.”

“We would not have been able to expand as rapidly as we have without the information that their (the Virtual CFO Group Australia) management reports provide us. It helps us stay nimble as a business and make informed decisions quickly and with confidence. If you don’t understand your cash position at any given time you lack confidence in your decision-making, and a poor decision or poor timing can really hurt you.”
DH Steel

“As a project-based business, work-in-progress valuations are critical to our margin management processes. The Virtual CFO Group assisted us to develop a work-in-progress valuation methodology thereby enabling us to monitor project margins and understand gross profit performance within reporting periods.”
RPM Hire

“When we had some interest from a private investor, we got the Virtual CFO Group to come in and strengthen our financial controls and establish our reporting and forecasting processes. This was a key element in assisting us to complete a smooth journey to a successful outcome.”
Sancell

“The Virtual CFO Group has been working with our finance department to implement 3-way forecasting. This has also required a focus on modelling for capacity management and demand planning to assist with structured decision-making around strategic capacity planning.”
Verve Portraits

“We strengthened the planning and analytics capability of our finance team by bringing the Virtual CFO Group to work with our internal team. They worked closely with the internal team and enabled us to build a stronger finance capability.”
Way Funky Company

“The Virtual CFO Group helped to bring a more structured approach to our planning processes and enabled us to have a detailed understanding of the key gross profit drivers. They were able to work closely with our internal teams and built productive relationships throughout the business.”
Zeel Kitchens

“Our business mentor recommended that we needed a virtual CFO. Since we appointed the Virtual CFO Group, they have established a range of financial controls to support key improvements to our reporting and planning processes. We are becoming increasingly confident that we have a clear understanding of how our operational performance will impact on profitability and cash reserves.”

Browse VCFO services

Do you have a Financial objective we can help with?

CFO Advisory

Financial Controller

Dashboards & Analytics

3-Way Forecasting

Treasury Management

Finance Control Hub

Projects

Bookkeeping

CFO Advisory

Financial Controller

Dashboards & Analytics

3-Way Forecasting

Treasury Management

Finance Control Hub

Projects

Bookkeeping

Achieve your business goals like these successful companies

Anthony Innovations

Cross Docks Australia

Detector Inspector

DH Steel

RPM Hire

“When we had some interest from a private investor, we got the Virtual CFO Group to come in and strengthen our financial controls and establish our reporting and forecasting processes. This was a key element in assisting us to complete a smooth journey to a successful outcome.”

Sancell

“The Virtual CFO Group has been working with our finance department to implement 3-way forecasting. This has also required a focus on modelling for capacity management and demand planning to assist with structured decision-making around strategic capacity planning.”

Verve Portraits

“We strengthened the planning and analytics capability of our finance team by bringing the Virtual CFO Group to work with our internal team. They worked closely with the internal team and enabled us to build a stronger finance capability.”

Way Funky Company

“The Virtual CFO Group helped to bring a more structured approach to our planning processes and enabled us to have a detailed understanding of the key gross profit drivers. They were able to work closely with our internal teams and built productive relationships throughout the business.”

Zeel Kitchens

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