AU VCFO SERVICES

No CFO? No worries.

Our virtual CFO can provide the insight and guidance you need

Virtual CFO (vCFO) services for Australian startups

As your company grows, you’re likely to need more guidance to help manage your finances.

In the beginning, you might simply need to manage your cash more actively and get a better handle on your key finance and operational metrics. All going well, you might need help with budget planning and growth management through to capital raising and high level strategic advice.

We provide CFO services that scale as you need them. We’ll take on more responsibility for you, until you’re ready for your own inhouse CFO. If you’d like some help understanding our virtual CFO packages, book a meeting with us.

What happens when I need a full-time CFO?

We’re really glad when this stage comes because it means we’ve successfully helped you reach this important stage in the life of your growing business.

We have a number of relationships with recruitment firms to help you source your full-time CFO and we’ll work closely with them for a smooth transition.

CFO GROW

$1,500 
PER MONTH

Reporting & analysis of actuals & budgets

Monthly management accounts including profit & loss, cash, accounts payable & receivable


Monthly Spotlight reporting


Monthly 1 hour face-to-face or video meeting with a professional CFO and review of forward cashflows


Fortnightly catchup call with a professional CFO


Up to 2 hours of adhoc queries and work during the per month


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CFO GROW+

$2,500
PER MONTH

When you need us lean in more …

Monthly management accounts including profit & loss, cash, accounts payable & receivable


Monthly Spotlight reporting


Monthly 1 hour face-to-face or video meeting with a professional CFO and review of forward cashflows


Weekly catchup call with a professional CFO


Up to 6 hours of adhoc queries and work during the per month


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CFO PARTNER

FROM $3,500
PER MONTH
PRICED ON EXPERIENCE & COMMITMENT REQUIRED

Financial reporting and forecasting from CFO Grow+


Rolling 12 month forecast, updated every 6 months


Monthly analysis of actuals and performance against budget for board reports


Key metric and KPI reporting (working with your systems and tools to use)


Fortnightly accountability calls


Work scaled as needed


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All prices exclude GST

CFO Grow

Spotlight reporting includes:

  • 3-way 12 month budget upon engagement (including cashflow)
  • Monthly management report – 6 page actual performance against budget + balance sheet + cash + trend visuals
  • Written analysis of performance
  • (Optional) key metrics

If you don’t have budgets or investor ready financial models in place before signing up, you will also need our separate financial modelling services. These are normally priced from $2,500, but we offer a $500 discount on these as part of our ongoing monthly CFO Grow services. If you require interim re-budgeting (eg rolling 12 month forecast re-budgeted at six months), these are updated and prepared as an additional service.

If you require a more tailored set of monthly dashboard reports, including metrics and KPIs these are prepared as an additional service. See our Dashboard and Financial Modelling Portfolio for examples of our work.

As you continue to grow your startup and need us to lean in more, our CFO Grow+ service provides additional CFO service time, for $2,500/month.  We also offer pre-purchased “block time” discounts for any anticipated adhoc future services in the short term (eg during capital raising). 

CFO Grow+

Spotlight reporting will include:

  • 3-way 12 month budget upon engagement (including cashflow)
  • Monthly management report – 6 page actual performance against budget + balance sheet + cash + trend visuals
  • Written analysis of performance and recommendations
  • (Optional) key metrics

If you don’t have budgets or investor ready financial models in place before signing up, you will also need our separate financial modelling services. These are normally priced from $2,500, but we offer a $500 discount on these as part of our ongoing monthly CFO Grow services. If you require interim re-budgeting (eg rolling 12 month forecast re-budgeted at six months), these are updated and prepared as an additional service.

If you require a more tailored set of monthly dashboard reports, including metrics and KPIs these are prepared as an additional service. See our Dashboard and Financial Modelling Portfolio for examples of our work.

If you require additional CFO consulting services, our ½, 1 or 2 day per week CFO Partner packages start at $3,500/month for ongoing support. We also offer pre-purchased “block time” discounts for any anticipated adhoc future services in the short term (eg during capital raising). 

CFO partner

From $3,500 per month*

At this level, we’re actively working alongside you and the rest of the team in a way that makes sense for where you and your business are at.

CFOs are often involved in any/all pricing discussions, people/contract management, pricing, process and system implementation and capital raising.

Our rates reflect the seniority, expertise and experience of our team members, as well as factors such as the level of ongoing involvement required.

For a CFO to truly offer value, we have found there is both a minimum time commitment needed to understand your business enough to be of value (starting from half a day per week) as well as a commitment on your part for a minimum length of engagement (three months). During this initial period, we will work with you to refine our service to your needs.

After the initial period, rates for further services vary based on expected commitment periods of three or 12 months going forward. Please note, that while there is a commitment period for ongoing services there is no lock-in, other than one month’s notice.

Spotlight reporting will include:

  • 3-way 12 month budget upon engagement (including cashflow), rebudgeted every 6 months
  • Monthly Management report – 6 page actual performance against budget + balance sheet + cash + trend visuals
  • Written analysis of performance and recommendations
  • Key metrics/KPI reporting (may not be done in Spotlight)

*$3,500 is for a ½ day per week and a 12 month commitment

Financial modelling/budgeting

From $2,500

Additional Service

With our real-world experience as private equity investors and CFOs in equity backed companies, we’ll reality check your assumptions and build you models that withstand scrutiny.

We’ll work with you to finalise budgets which then fits well with our ongoing virtual CFO services including monthly Spotlight reporting to forecast future cash positions.

We’ll meet with you to better understand the nature of your startup and the drivers of your business. With an understanding of your business’s strategic plan, we can assess the complexity of your financial modelling needs before we finalise a fixed quote for our services.

We offer a $500 discount on financial models when engaged as part of our ongoing monthly CFO Grow services.

See our Financial Modelling Portfolio for examples of our work.

CFO consulting

Additional Service

We understand that sometimes you’ll just need some help or advice on the fly to help out generally or as part of a specific activity, such as investor relations.

For expected ongoing support in the short term (eg during capital raising) or for a longer period, we offer  ½, 1 or 2 day per week packages (starting at $3,500/month for a 12 month commitment), as well as “block time” discounts to pre-purchase any anticipated adhoc future advice.  

Where possible, we’ll also work with you to provide fixed fee proposals. We will in any case maintain regular contact as to the scope and quality of work and welcome open communication on any matter, including fees.

Rates charged by us reflect the scope of the project, seniority, expertise and experience of the persons involved, as well as factors such as the time frame in which this work is to be carried out.

Rates for adhoc CFO consulting start from $250/hour.

Capital raising support

Capital raising is hard work. And you’ll want to do it right.

Additional Service

Let’s face it, while we all hear stories about startups successfully raising capital it nevertheless remains hard to do.

Our directors are experienced venture capitalists and entrepreneurs (as well as accountants), so we know what investors are looking for and how startups need to prepare for the stressful but exhilarating job of capital raising. It’s hard work but that’s what we’re all here for, right?

We work with startups before, during and after raising capital to:

  • Have regular reporting systems in place (via our vCFO services)
  • Prepare financial sections of Pitch Decks (from our financial modelling services)
  • Prepare and/or review information memorandums
  • Undertake valuations, typically for early stage angel investors (with our Startup Valuation Services)
  • Prepare cap tables for expected investment
  • Pre-prepare for the inevitable due diligence and support companies while going through it

We also work with businesses looking to make acquisitions and venture capital firms looking to undertake due diligence for potential investments.

We help startups become stayups