Virtual CFO Services for Growing Businesses in Australia
More brilliant financial strategy without the full-time cost. Hire a remote Virtual CFO today.
- Virtual CFO Services
What is a Virtual CFO?
Virtual CFO Definition
A Virtual CFO (Chief Financial Officer) is a remote financial expert who partners with businesses to provide high-level financial leadership. Unlike traditional full-time CFOs, a Virtual CFO offers flexible, scalable support in financial strategy, forecasting, reporting, and performance optimisation delivered entirely online using cloud-based systems. This is particularly valuable for medium sized businesses that need advanced financial direction without building an in-house finance department.
How It Differs from Traditional CFO Roles
A traditional CFO is a full-time executive focused on financial oversight and long-term strategy. In contrast, a Virtual CFO provides the same strategic leadership on a part-time or project basis. This provides businesses with cost-effective access to experienced professionals, eliminating the need for a full-time salary or in-house hiring — an ideal solution for medium sized businesses undergoing rapid growth.
Book your Virtual CFO Services Discovery Call
Let’s discuss your goals and explore whether it’s time to hire a virtual CFO. We’ll cover your business growth objectives and highlight how virtual CFOs support success.
Key Responsibilities of a Virtual CFO
A Virtual CFO plays a critical role in helping business owners make smarter, data-driven decisions. From financial planning to reporting and strategic insight, here’s what a Virtual CFO brings to support sustainable business growth and financial clarity.
Financial Planning & Analysis
We help small businesses set performance goals, forecast financial trends, and identify areas for improvement.
Budgeting and Forecasting
With solid financial expertise, we build custom forecasts and dynamic budgets to fuel business growth.
Cash Flow Management
Our virtual CFOs offer strategies to mitigate irregularities in cash flow and maintain liquidity.
Financial Reporting & KPIs
We deliver clear, timely dashboards so business owners can see exactly where they stand.
Strategic Decision Support
From hiring decisions to pricing models, you get ongoing support that sharpens strategic financial thinking.
Risk Management & Scenario Planning
We help you identify potential financial risks and build contingency plans to strengthen business resilience in any market environment.
Why Hire Fast Accountants as a Virtual CFO?
Discover how our Virtual CFO services empower growing businesses with strategic financial clarity, more thoughtful planning, and confident decision-making without the cost of hiring a full-time CFO. Perfect for business owners ready to scale but not ready to build a whole finance department.
Benefits for Growing Businesses
For growing businesses, the need for strategic financial direction often arises well before it's feasible to hire a full-time CFO. That’s where a Virtual CFO adds value—offering expert financial expertise to improve reporting, planning, and cash flow without the overhead. At Fast Accountants, these services are led by Simon Dutta, a CPA-qualified financial strategist with over a decade of experience helping business owners drive sustainable business growth.
By providing clear, actionable insights, Simon and the team support long-term financial progress and empower business owners to make informed, confident decisions. This makes our Virtual CFO services especially impactful for medium sized businesses that are expanding and looking to strengthen their internal finance capabilities.
When Is the Right Time?
It might be the right time to engage a Virtual CFO if your internal finance management feels reactive, you're gearing up for fundraising or expansion, your reporting lacks clarity, or you're scaling quickly but can’t yet justify hiring a full-time CFO.
- Built on Purpose. Driven by Results.
Onboarding Process
Getting started with Fast Accountants is a seamless and straightforward process. Our onboarding process is designed to provide business owners with immediate clarity and direction, laying the groundwork for long-term business growth with expert financial support from the outset.
Initial Discovery
We assess your financial landscape and tailor support to match business growth goals.
Financial Assessment
Our team leverages financial expertise to identify risk, opportunities, and efficiencies.
Setup and Integration
Virtual CFOs implement tools, reporting structures, and dashboards that empower business owners.
Who Needs a Virtual CFO?
Startups and Scale-ups
Flexible enough to meet changing needs, ideal for small businesses just gaining traction.
Medium Sized Businesses
Medium sized businesses experiencing growth can rely on our Virtual CFO services to guide them through transitions, fundraising, and improving internal finance functions.
Businesses Lacking Internal Finance Expertise
Organizations without dedicated internal finance teams can rely on our Virtual CFOs for comprehensive financial oversight.
Nonprofits & Agencies
Intelligent financial management ensures transparency and long-term funding success.
Our Virtual CFO Services
Monthly Financial Reports
We turn complex financial data into clear, actionable insights that support sustainable business growth.
Budget vs. Actual Tracking
Track performance against your financial plan to uncover variances and drive smarter decision-making.
Board Reporting
We prepare investor-ready financial reports to keep your board informed and aligned on key metrics.
Advisory Calls
Get ongoing strategic guidance through scheduled calls focused on reporting, forecasting, and planning.
Frequently Asked Questions.
Whether you're a founder, a business owner, or part of a growing team, our Virtual CFO experts are here to provide clarity. Explore answers to the most common questions about financial strategy, services, and how we support your business goals.
Virtual CFOs provide strategic financial oversight, reporting, and guidance to support business growth.
Yes, especially for small businesses that need high-level support without hiring a full-time CFO.
Rates range widely. Most small businesses spend from $1,000 and $7,500 monthly, depending on the scope. Prices vary with time, scope of work and other items.
Yes. Your accountant focuses on compliance, while the virtual CFO handles financial expertise and strategy.
Absolutely. You can hire a virtual CFO on an hourly basis, on retainer, or for specific projects.
We serve SaaS, e-commerce, healthcare, and other small businesses that need strategic financial guidance.
Visit Us Across Sydney
Need in-person support? You’ll find Fast Accountants in key business hubs across the city, ready to help you stay financially strong
Sydney Office
Located in the heart of the CBD, perfect for busy professionals and city-based businesses.
Parramatta Office
Supporting Western Sydney’s thriving business community with trusted financial expertise.
Mascot Office
Just minutes from the airport, ideal for fast-growing trades, logistics, and service-based businesses.
Bondi Office
Your go-to local accountants for creatives, startups, and retailers in the Eastern Suburbs.