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Move Your Business Forward with Virtual CFO Services

Your Finance Department Virtual CFO formulates a clear financial strategy to grow your business after putting accounting operations under control.

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Your business needs different accounting skills; bookkeeping, payroll services, management accounting and other financial support systems at each stage of its growth. Make sure that the team in charge of that is trustworthy and experienced–outsource your CFO accounting service needs to our professionals at Your Finance Department.

We give you exclusive access to a full suite of Chief Financial Officer solutions so you get commercial guidance on your business’ direction and gain confidence in your numbers. With our CFOs at your side taking care of accounting functions and finance requirements, you can focus on growing and scaling your business.

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Virtual CFOs Who Help Resolve Company Difficulties

Chief Financial Officers serve a function that goes beyond regular accounting and bookkeeping, though they certainly have those skills in their repertoire. To really make the most of your outsourced CFO solutions, a co-pilot in your business you’ll want them right by your side and listening to their business advice and recommendations.

You’ll want them to be around to bounce ideas off, because their industry experience and understanding of business finances allow you a unique non-emotive perspective on the future and direction of your company. Among many other things, a CFO can be indispensable when you want help with:

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Devising and Integrating a Money Management System

With their in-depth understanding of the workings of your business’ cashflow trends and books, a CFO can help you tailor-make and manage a system to more accurately track your expenses and projected revenue so you can maximise your profitability and operational efficiency.

Establishing and Maintaining Relationships with Funding Sources

We all know accountants and bankers speak another language, but it’s one we are fluent in! With a Chief Financial Officer translating, your business will benefit from the relationships they establish with lending institutions and other funding sources.

Identifying and Attracting the Right Buyers for the Business

While your business or startup might not necessarily be on the market, offers to buy out a business are usually an indicator that your company is doing well. A skilled CFO will help make sure your business is always ready for due diligence and also present your business in a way that maximises value

Getting Your Business Ready for Growth and Scaling

If you are not growing, you’re going backwards...growth is essential but not a necessarily easy one to achieve! Get the help of someone with a great grasp of business growth and scaling operations to work by your side helping you devise feasible strategies to maximise your business opportunities.

Running the Business’ Finances Behind the Scenes

CFOs know their stuff when it comes to bookkeeping and accounting, so you can rely on them to oversee their management. Moreover, CFOs help you with directing organisational changes and minimising risks so that your investment is protected while also staying compliant with government regulations.

Reporting on Business Performance

Part of a CFO’s job is to provide accurate and visible data and insights into your business’ financial situation, both to you and the board and other business stakeholders. The output helps you make more informed decisions regarding the direction of your company and create comprehensive plans to help you reach your goals.

Forecasting and Analysing Budgets

Having a vision for your business is all well good, but you’ll have to make sure that those goals are actionable and attainable. Our virtual CFO services can ensure that your strategy is precise and feasible, providing updates and accountability checks to help you get to where you want to go.

Once only a luxury of bigger companies, outsourcing service providers have made a Chief Financial Officer’s years of industry experience and unique skillset accessible to all small business owners. Fuel your company’s growth and maximise your ROI by getting in touch with one of ours.
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Industries We Provide CFO Support To

Owing to the skill and long experience of our Chief Financial Officers, our virtual CFO services are available to a range of businesses across various industries. We have direct experience in the following industries providing support in critical aspects of running and growing a small business, including cashflow management and ATO compliance:

  • Medical
  • Construction
  • Labour Hire
  • Civil Construction
  • Retail
  • Fitness
  • Hospitality
  • Franchises

Why Put Your Trust in Our CFOs?

Your Finance Department’s virtual CFO services cover a wide range of a business’ financial needs. From making sure your books are in order and compliant with ATO requirements to guiding you through critical decision-making processes that would lead to company growth, we’ll make sure that you have confidence in your numbers.

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Meet Our Experienced CFOs

When you need a full suite of financial skills, from bookkeeping to commercial business guidance and everything else in between, to help ensure the success of your business, you’ll want a CFO by your side.

Your Finance Department’s experienced Chief Financial Officers bring their years of industry experience to the table with a certification as a Chartered Accountant and specialties in financial modelling and raising finance. Meet Steve and Phil:

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Steve Thomas

Founder | CFO / Trainer
Steve is commercially focused with over 15 years experience as CFO in high growth, often Private Equity backed businesses.
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Phil Quinn

CFO
Phil is a strategically minded Chartered Accountant with more than 20 years experience at a CFO and CEO level.
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See What Our Clients Think of Our CFO Services

Instead of just telling you how your business gains an advantage with our team supplementing your operations, we’d like to show you what our clients think of our comprehensive solutions:
The blend of knowledge from bookkeeping to CFO was excellent, it meant I didn’t have to worry about the day to day finances
Working with Steve and the team at Your Finance department has been a massive benefit to us as a company providing visibility and clarity on our accounts, business and cashflow
We sometimes need additional resourcing for project such as financial modelling and being able to call upon the Your Finance Department team has been great
Your Finance Department provides us with a fully outsourced finance function, bookkeeping, payroll and CFO services. It has been a great way to get access to a broader range of accounting skills
One of the best things we did was outsource to the bookkeeping team at Your Finance Department. Its let me focus on the parts of the business I’m strongest, and I know the books are in good hands

Our CFOs Work across Several Locations

Despite the virtual nature of our work allowing us to service clients all across Australia, Your Finance Department maintains a presence in several key locations in order to serve your Chief Financial Officer needs better. Check out our offices in Queensland and New South Wales.

Your Finance Department – Brisbane

572 Curtin Avenue (East), Eagle Farm, QLD 4009

Phone Number: 07 3123 6176

Your Finance Department – Sydney

55 Pyrmont Bridge Road, Pyrmont NSW 2009

Phone Number: 07 3123 6176

Your Finance Department – Sunshine Coast

Regatta 1 Business Centre, 2 Innovation Parkway, Birtinya, QLD 4575

Phone Number: 07 3123 6176

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What are Virtual CFO services?

Sometimes called “vCFO,” virtual Chief Financial Officer solutions are usually found alongside other financial services in Australia like bookkeeping, tax compliance, and cashflow management. A virtual CFO can be a single person or made up of a team of skilled professionals, and its main function is to help fulfill the various high-level financial requirements of a business.

What’s the difference between a Bookkeeper and a CFO?

Although both provide integral roles in your financial team, bookkeepers and Chief Financial Officers have different responsibilities.

A bookkeeper’s main concern relates to maintaining the transactions of your business in your books. An in-house employee or outsourced bookkeeping solutions provider handles the day-to-day recording of trading and operating data, making sure that the information is up-to-date and accurate.

Meanwhile, a CFO has a more encompassing role in the business’ financial state. They will be busy with both short- and long-term financial planning, cashflow management and strategising in order to help the business grow and succeed.

Moreover, a CFO is usually highly experienced and skilled enough to parse past financial performance data and use it to predict a business’ financial future. This allows them to prepare the company against risks and ensure government compliance.

Have a Question?

If a lack of cash, a lack of confidence or a lack of direction is keeping you awake at night…If you are seeking financial visibility need some additional help, or just a fresh set of eyes… get in touch for a free confidential chat and see how we can help you.

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  • ABN: 91 128 861 491
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Tax Agent: 26046815​
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