Virtual CFO Services
A virtual CFO is a remote and virtual Chief Financial Officer. The virtual CFO will perform all of the tasks that a resident CFO would carry out, with the only difference being that they do the work remotely. The mushrooming of small to medium sized businesses has given rise to the virtual CFO as owners concentrate on growth, leaving the financial organisation of their business to a qualified person who would charge less than a resident CFO employed with the company. The VCFO will oversee planning, maintenance and reporting of financial activities and manage financial risk of the business. Another key role is to suggest cost control measures and low cost acquisition of capital.