Virtual CFO Sydney

In short, a virtual Chief Financial Officer makes certain that the expertise your business demands will be there for the task — when it needs it.

More affordable and convenient than numerous in-house specialists, a Virtual CFO can fulfil numerous roles. This can include payroll manager, bookkeeper, market forecaster, or accountant.

As, let’s face it, most SMEs cannot afford a full-time employee in each of these job descriptions. Yet each area of expertise is vital.

So instead, our Virtual CFO Service slots a remote expert into these roles — as and when required. With no salaries, holiday pay, benefits, or office space and equipment to budget for.

The bottom line — your essential financial and reporting tasks are completed by us speedily, efficiently, and accurately.

And being a virtual CFO in Australia, we can support your business whether you are in Sydney, country NSW, any other Australian state, or even overseas, as is the case for the UK-based DASH Water.

As one of the best Virtual CFO services providers in Sydney, we take pride in our approach to remote assistance.

Together, we look at the whole of your business — asking questions such as:

• What does the business do?
• How is it organised?
• What components can be automated?
• What is the most efficient way to achieve task completion?
• Who is best suited to doing these jobs?
• How do we free up key personnel time — so they can work on their business instead of in their business?
• What areas in your business have risk, and how do we mitigate them?
• What can we do to help you achieve profit and growth?

Some businesses want or need nothing more than bookkeeping and compliance help — others may prefer a greater level of support and collaboration, such as five-year planning, mentoring, or resource reallocation. By using a Virtual CFO, you can scale up — or down — the resources required by your business.

Whatever your needs, your Virtual CFO consulting services are provided by experienced professionals with a single vision — boosting your business’s success.

The areas we cover in our external CFO services include:

• Bookkeeping, payroll ledger management, and reporting compliance.
• Cash flow solutions and management — both long and short-term.
• Key metrics determination, monitoring, and reporting.
• Business mentorship, advice, and consulting.
• Directing and focusing any existing in-house account team members.
• Growth and strategy planning.
• Preparation and submission of statutory financial statements.
• Auditing and due diligence.
• Creation of a Business Blueprint.
• Forecasting.
• Analysis, review, development, and implementation of business tools.
• Asset management.
• Raising capital.
• Taxation efficiency and calculation.
• BAS returns and ASIC statement of solvency.
• Succession planning — preparing for the transfer/sale of the business management and ownership after your exit, to a second-generation or third party.
• Business and tax structuring — methods to protect the assets, achieve the best tax outcomes and help the ease of succession, which may include asset restructuring.
• Risk management.

Your business is running smoothly and profitably today, but unexpected events could threaten its success tomorrow — or even lead to a game-over situation.

At ATB Partners – Chartered Accountants and Business Mentors, we help defend your livelihood.

Larger SMEs and rapidly growing businesses are most at threat. With so much focus on day-to-day operations, it’s easy to forget — or not even consider — business-damaging risks.

That’s why our Virtual CFO service includes essential risk assessment — not just looking at how to reduce risk in business, but also how to manage your financial risk.

The truth is, threats are everywhere — in your staff, finances, utilities, or IT systems. You could lose a key employee through illness or injury, your bank might withdraw finance essential for cash flow, or a flood may temporarily close operations.

ATB Chartered Accountants and Business Mentors work with you to identify the areas of threat in your business. Then, depending on the type of risk, advise how to:

• Eliminate — make the threat non-existent.
• Reduce — lower the chances of a risk.
• Accept — steps to reduce damaging effects, where a risk cannot be reduced or eliminated.

All businesses are different. That’s why we create risk reduction and management solutions to address your particular threats.

These can include:

• Managing asset protection.
• Implementing relevant insurance — assets, key man, debtors, public/product liability, directors and officers, transit, and
• business interruption insurance.
• Creating legal and applicable HR policies and employment contracts.
• Managing data and cyber security.
• Building protective contracts with suppliers, subcontractors, and customers.
• Ensuring IP is owned and protected.
• Building internal controls.
• Ensuring stock security.
• Understanding bank covenants on finance.

Risk management is typically an area ignored or not understood by most bookkeepers and accountants. We are specialists, defending your business through this feature of our Virtual CFO service.

Choosing outsourced CFO services from ATB Partners – Chartered Accountants and Business Mentors means you benefit from the knowledge and insight of professionals.

Although not exhaustive, the main advantages of having a Virtual CFO on call are:

Located in Sydney, yet with an Australia-wide reach — ATB Chartered Accountants and Business Mentors are your on-hand Virtual CFO.

With tailored packages for your business, we offer an affordable service that can take it to the next level.

We guarantee to:

✔ Listen to your goals and aspirations — then help you achieve them.
✔ Provide accurate and timely financials and reports.
✔ Be available for you — when you need us.
✔ Offer a large-picture overview of your business.
✔ State clearly the price, with no hidden fees.
✔ Respond professionally and promptly.
✔ Add value to your business.
✔ Ensure close liaison, and act on your instructions.

Our professional advisors don’t provide off-the-shelf answers. Instead, we work with you to understand your business challenges, deliver solutions, and provide accurate financials.

Let us become your trusted partner for Virtual CFO Sydney services — and reach your business aspirations.