- Financial statement preparation and analysis
- Business Planning
- Business Modeling
- Financial Forecasts
- Rolling Cash Forecasts
- Annual Operating Budgets
- Revenue Recognition Strategy
- Cash Flow Management
- Cash-Burn Analysis
- Monthly Management Reports
- Equity and Debt Negotiations
- Financial Presentations
- Due Diligence
- Payroll Services
- Federal and State Tax
- State Sales Tax
Virtual CFO Service Benefits
Implementing a Virtual CFO will save company costs as well. Furthermore, with a remote Accountant, the costs for extra office space and supplies are considerably reduced. Time and money management assistance are qualities that can surely enhance the success of any business, large or small.
Your business would benefit from hiring a Virtual CFO or CFO controller if:
- Your company is rapidly expanding, or you anticipate a significant expansion in the near future.
- You need more information on your company's financial well-being.
- You're having trouble managing your cash flow.
- You want to buy a business, raise funds, or sell a share of your business
Your Virtual Part Time Accountant will provide your company with the following services:
- Timely Financial Reports
- Staff Training & Management
- Budget Preparation and Monitoring
- Trend Analysis
- Organizing Books
- Cash Management
- Risk Management
Why Choose Your Part Time Accountant for Virtual CFO Services?
We help businesses succeed by assisting them with seasoned Virtual CFOs and CFO Controller specialists, based on our more than two decades of experience.
With our established bookkeeping, accounting, and tax preparation, you can automate day-to-day accounting and receive complete back-office coverage.
Additionally, we can generate your financial statements and evaluate your cash flow to attract investment. Allow us to guide you to develop your business plan together. Your financial plans can correlate with your short and long-term goals. And our virtual CFO pricing is just a fraction of the cost of a full-time professional.
Our virtual CFO costs are tailored to fit any budget thanks to our various service packages.
What We Offer
Offering a full suite of on-site and remote bookkeeping and accounting services allows the opportunity to aid you in the growth of your company while reducing overhead and stress. As a matter of fact, we provide our clients with a professional and affordable method that is all-encompassing; accounting, bookkeeping, payroll, taxes, cash flow projections, and customized reporting. We specialize in business and as well as customized payroll solutions.
Our full-service, innovative approach lets you:
- Grow your business and generate revenue
- Improve the accuracy of your bookkeeping and acquire a more objective view of your financial situation.
- Employ a dedicated accounting team
- Reduce the impact of employee turnover
What Can CFO Controller Do For Your Business?
Your Part Time Accountant matches you with an experienced CFO Controller who collaborates with you to help you grow your business. Our CFO Controller Services are ideal in case you’re a developing service-based company that requires professional financial support but can’t really afford a full-time Controller.
CFO Controller services can help you with tax filings, strategy development, accounts receivable and payable, and thorough projections for a portion of the expense of a full-time Controller. Additionally, we go into comprehensive cash flow management and vibrant planning. If you’re ready to grow your company, this type of proactive forecasting will be crucial to your success.
CFO Controller Solutions
Accounting and CFO Solutions offers full-service on-site & remote bookkeeping and accounting services to small to Mid-size businesses throughout The US, especially in New York City and Long Island.
Our staff of knowledgeable QuickBooks professional consultants is committed to helping you with your financial planning. We will develop a solution that is fully customized to meet your specific needs and allow you more time to run the day-to-day operations.
What You Get?
Our CFO solutions provide you with reliable real-time business analytics. Businesses can use our preconfigured software to:
- Merge all of your financial records in a safe IT environment.
- Streamline financial and day-to-day workflows.
- Record and track all of your business’s costs, income, liabilities, assets, and all other important financial data.
What Can Your Business Get With Hiring an Expert CFO?
Let’s work together to grow your company.
- Increase your rate of growth.
- Develop financial strategies and models to optimize cash flow and profitability, ranging from customer group analysis to sales efficiency metrics such as LTV and CAC.
- Take command of your finances.
- With realistic predictions and budgets, you can chart your company’s course. From sales to net income, we create this brick by brick.
- Avoid costly missteps.
From invoicing to cost reimbursement, create a financial system and discipline that is ready for expansion and attracts investment.
Why CFO Services Are Important for Growing Business?
No matter if you’ve been in business for one day or ten years, long-term planning guarantees that all of your investors and stakeholders are on the same page about your business’s plans and objectives.
The Your Part Time Accountant CFO will assist you in assessing your ideas and putting your company on the proper route.
You’ll be collaborating with the best. With more than 20 years of experience, our team has built many businesses.
Financial Assistance Tailored to Your Needs
We design complex financial solutions that are focused on your company and growth stage. Additionally, we provide insights and knowledge across industries.
Help With Your Budget
You’ll get proven, trusted specialists to help you unlock development, whether you require budgeting or fundraising aid.
Strategic Financial Services
Our team of professional accountants and CFOs will provide on-demand, comprehensive insights into your company’s financial statements and records.
Our remote virtual CFO specialists effortlessly integrate our solutions with your operations using built-in software like QuickBooks Online.
Your Part Time Accountant’s CFO services give comprehensive assistance to help you raise capital while providing a simplified cash management experience.
Prepping Financial Statements, Taxes, and Strategies
Implement specific tax tactics to avoid liability by promptly overcoming modifications in state and federal tax regulations.
We assist businesses with tax preparation, evaluation, and filing. Another thing, you don’t even have to stress about getting to know a new person, because we work alongside your accounting staff. A Virtual CFO may aid you in achieving unrivaled financial control by reducing back-office operations and assisting you with revenue and expense management.
As a result, you will have a clear understanding of how your organization functions if you have all of the information concerning its costs at your disposal. Moreover, you’ll be able to properly prepare to boost profits.
Certainly, with proven integrity and protected corporate tax software, a virtual CFO can provide you with peace of mind that your company’s data is safe.
How Much Does It Cost to Hire a Virtual CFO?
Your Part Time Accountant professionals will provide you with a customized quote depending on your company’s requirements. In most cases, the price includes services such as:
- Key Performance Indicators (KPIs) for the entire company.
- Business Budget and Projections are two terms that are often used interchangeably.
- Management meetings are held once a week.
- Bank ties.
- Return on business taxes.
- Organize your resources.
- Revenue Reports
- Accounting and business consulting services.
Virtual CFO or CFO Controller – Which One Do You Need?
To summarize the main distinction, a CFO will frequently be involved in fundraising and financial strategy, while a controller’s responsibilities are typically limited to providing accurate reporting.
However, the function of a controller frequently shifts depending on the industry. For example, project-based organizations such as construction firms may use a controller to help with the purchase process and generate reports to track job/project efficiency.
Regardless of the industry, the responsibilities of the CFO are fairly the same. However, in some areas, such as tech businesses with a lot of investments on the line and where explosive expansion is anticipated, we find CFOs sooner and more frequently. The ability to present visually appealing and relevant reports is one of the characteristics that both CFOs and controllers share.
Team of Experts Got Your Back!
When you collaborate with a Virtual CFO or a CFO Controller, you’re working with a team of financial specialists rather than a single person. In fact, financial advisory services will be provided to your company. Furthermore, you can manage multiple financial needs at the same time.
Your main concern is how to enable your company’s growth. The fundamental goal of Virtual CFO services is to assist in the smooth operation of other company sectors such as revenue, productivity, income, and pricing. Moreover, choosing a Virtual CFO can aid you to grasp how finances work so you can grow, fix, and improve your company’s success.
Frequently asked questions
Your accountant is in charge of preparing your annual financial reports as well as your business taxes. A CFO gets to know your company inside and out, constantly discovering and executing ways to boost net income and cash flow.
Yes, we do! To find out more contact us and schedule your free call.
If you own a small company, a bookkeeper or accountant may be all you need for basic financial services. You’ve probably worked with or are now dealing with a bookkeeper or accountant if you’re reading this FAQ page.
Your finances become more complex as your business expands, or if you’re aiming to grow your company. Your current financial structure and accounting reports aren’t always providing you with the kind of information you need to make informed, fiscally sustainable development decisions.
A Part-Time CFO can provide an objective, third-party perspective that an employee might not be able to provide. Finding the proper person and educating them could also be time-consuming and expensive.
Having skilled hired CFOs can help you figure out which of the following solutions provides the greatest value for your company.
- Assistance with audits
- Analysis of the break-even point
- Decisions about whether or not to buy an additional business
- Risk management in the financial sector
A virtual CFO may help you optimize your value by evaluating the solutions best-suited for the next step of your business’s growth, whether you’re considering acquisitions and mergers or an IPO.