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Bookkeeping, financial reporting and Virtual CFO

Virtual CFO and Financial Reporting Service

As virtual CFO we provide businesses with CFO services on a part-time or as-needed basis. We work remotely or within your business and provide financial strategy, planning, and analysis to businesses that do not need to hire a full-time CFO.

We provide Virtual CFO services to small and medium businesses with the scope of work including but not limited to below.

  • Implementing a budgetary control system and preparing cash flow forecast.
  • Preparing monthly report including budget versus actual variance analysis, actual vs forecasted cash flow and ratio analysis.
  • Providing useful financial insights to MDs and CFOs and answering their questions.
  • Reviewing accounts and monthly GL reconciliation to ensure that the accounts are accurate and up-to-date.

 

Bookkeeping and Payroll Service

  • Xero or any other accounting software setup and customisation
  • Preparing budget and forecast
  • Invoicing and receipts allocations and debtors management
  • Accounts payable
  • Payroll including payment summaries
  • Bank reconciliation
  • Superannuation
  • Workers compensation
  • BAS and IAS preparation/ lodgement and liaison with ATO if needed
  • Month end process and GL reconciliations
  • Monthly/ quarterly/ annual reports (P&L, cash flow, working capital, revenue analysis, variance analysis)
  • End of financial year reconciliation and preparation of tax return