Virtual CFO

Find out how a virtual Chief Financial Officer or “virtual CFO” from RBK Advisory could be the difference-maker for your business. Read on to learn more.

Hiring an experienced and knowledgeable CFO has never been easier or more affordable.

What is a CFO? Simply put, a CFO (Chief Financial Officer) is responsible for the management of your business finances. This can include bookkeeping and compliance, financial planning, and even corporate investments.

The role of the CFO encompasses financial reporting and the overall success of the organisation, using financial data to assist with operational decision-making. A quality CFO, like the ones on offer at RBK Advisory, can have a major impact on your company’s strategic development.

While this all sounds great, many businesses do not have the capacity for this additional role in their team, and that is where the virtual CFO option comes in.

What is a Virtual CFO?

The virtual CFO is similar to a traditional CFO but outsourced, allowing them to perform the required duties on a remote basis. This is the simplest and most affordable way for you to add a head of finance to your team. This is particularly beneficial for small businesses or anyone who does not require a CFO full-time. You get the benefit of having an experienced financial professional handling your finances without having to add a full-time staff member.

An RBK Virtual CFO handles a range of finance-based tasks that you may not have the time or skills to deal with. From creating budgets to improving strategies, highlighting trends, acquiring capital, and creating financial forecasts, all of your finance needs are taken care of (and improved).

3 Advantages of an RBK Virtual CFO

There are many benefits that this innovation can provide, primarily based on a level of experience that smaller companies often lack. Some of the key advantages to hiring an RBK Virtual CFO include:
Our diverse team offers a broad scope of knowledge to improve and understand your books. Financial forecasts will always play a major role in investments, funding, and ensuring you always have suitable cash reserves on hand.
Expenses can get out of control without clear policies and processes around spending. With the greater insight and transparency that a Virtual CFO can provide into your incoming funds and outgoing costs, you'll always have enough cash to cover expenses and other important purchases.
As your business grows, your finances will become more complex. With an expert on hand to scale your processes, your business will be able to scale and handle any new financial requirements. A skilled bookkeeper or accountant isn't enough to encompass the varying tasks required to do this successfully, which is why you need a virtual CFO.

Add a Virtual CFO to your team and watch your finances improve with RBK Advisory today

The experts at RBK Advisory are perfectly suited to provide your business with a quality Virtual CFO. The performance of your business, budget, and finances is in good hands with one of only two BCorp Certified accounting firms in Australia.

We pride ourselves on taking an ethical approach to managing your financials, and you’ll have access to the whole RBK team, which includes:

  • Lawyers
  • Accountants
  • Financial advisers
  • Engineers
  • Consultants
  • Advertising professionals
  • Architects
  • And more

The addition of an RBK Virtual CFO to your team is affordable and beneficial to ensure you plan the right way. Make use of our skills and experience and give your company an edge over the competition, positioning your business for growth and success today. We’ll also customise the role to include the tasks your specific set-up requires. Let’s chat today about adding a Virtual CFO to your team!

“RBK have helped Skyline Building Group to become a more efficient business, allowing them to spend more time focusing on their clients, and less time with their head in the books. The business has grown, and by bringing on more partners, their service level has improved. The team are now more focused than ever on assuring  quality results and unmatched dedication.”

Related readings
Chat with one of our team members