What is an outsourced CFO?
A senior finance lead on your team, part-time, through our firm. You get CFO advice without hiring a full-time CFO.
Home / Services / Advisory
Outsourced CFO & Finance Function
A finance team built around your business. Start with one project, or hand us the whole function.
YouBusiness owner
- BooksYour teamConcept
- PayrollYour teamConcept
- Monthly reportsYour teamConcept
- Budgets and modelsYour teamConcept
- CFO adviceYour teamConcept
One project. We build one thing you need, such as a model or a budget, and hand it over.
Virtual CFO. Your team keeps the books. We run the reports, the budget and the advice.
Fully outsourced. We run the whole finance function for you.
What we offer
Built for your business. Not off the shelf.
Five things we design and put in place.
Click a title to view it
A model of your business. Change an input, see the result.
A full-year budget that links profit and loss, balance sheet and cash flow.
A short report each month, so you can see how the business is doing and improve it.
New finance systems, software and processes, set up and connected.
Better ways to work with suppliers, customers and your team, with tools to keep it going.
Three-way budgeting
One change. All three statements move.
Your profit, your balance sheet and your cash are linked. A three-way budget shows all of it at once. Pick an event.
Profit and loss
- Commission incomeUp
- Wages
- Vehicle costs
- Net profitUp
Balance sheet
- CashUp
- Vehicle
- Loan
- Amounts owingUp
Cash flow
- Cash inUp
- Payroll paid
- Loan payments
- Cash at month-endUp
Example: more income, more cash, and more GST/HST to set aside if you are registered.
Build my budgetProfit and loss
- Commission income
- WagesUp
- Vehicle costs
- Net profitDown
Balance sheet
- CashDown
- Vehicle
- Loan
- Amounts owingUp
Cash flow
- Cash in
- Payroll paidUp
- Loan payments
- Cash at month-endDown
Example: wages lower profit, payroll uses cash, and source deductions are owed to the CRA until paid.
Build my budgetProfit and loss
- Commission income
- Wages
- Vehicle costsUp
- Net profitDown
Balance sheet
- Cash
- VehicleUp
- LoanUp
- Amounts owing
Cash flow
- Cash in
- Payroll paid
- Loan paymentsUp
- Cash at month-endDown
Example: the car becomes an asset, the loan a debt, and payments use cash each month.
Build my budget
How a project runs
Four phases, start to finish.
Clear steps, so you always know what comes next.
Book an intro meeting- ScopeWhat you need, and what success looks like.
- BuildThe model, budget, report or system.
- Set up and trainWe put it in place and show your team.
- ReviewWe check it works, then adjust.
Example: timing depends on the project.
What often comes next
Many projects grow into a Virtual CFO role or a fully outsourced finance team, based on the support you need.
Questions
Before we start.
What is a bespoke project?
One build for one need: a financial model, a budget, monthly reports or a new system.
What is a three-way budget?
One budget that links your profit and loss, balance sheet and cash flow. Change one number, and all three update.
Can you set up new software?
Yes. We help you choose and set up finance systems and processes, then train your team.
Can we start small?
Yes. Many clients start with one project. It often grows into a Virtual CFO role or a fully outsourced team.
Let’s talk
Let’s build the finance side of your business.
Wherever you start from, a clear plan can change everything. Tell us where you want to go.
Book an intro meeting
See our CFO Services
Free 15-minute call with Hashim Awad, CPA. Related: Business Strategy & Financial Reviews