We work with aspirational business owners to achieve their business goals. It’s that simple.
Trusted by over 500+ growing SMEs
Hourly or project advice
Reviews financials & gives input
Limited involvement, no execution
We give you a full finance team for less than the cost of one hire.
We use 5 core optimisation strategies to help ambitious businesses achieve stronger performance, valuations, and outcomes.
Clients we have assisted
WE TAKE ON ONLY 5 NEW CLIENTS PER QUARTER TO ENSURE RESOURCE PLANNING AND QUALITY ASSURANCE
Discover how our services have transformed businesses and achieved remarkable results with us
Our Operational Framework
1-3 months
We meet your people, get familiar with the business, identify your priorities and pick up the quick wins.
A better understanding of you, your people and your business is the foundation for identifying the most effective recommendations.
Outcomes
A thorough understanding of your business is the starting point for delivering strategic, results-driven solutions.
Better understand you, your people and your business.
2-6 months
We know your operation, processes, policies and people, so we can establish standard operating procedures and integrate these into your BAU flow. Integrating ourselves into your business, we provide insights and recommendations for your success.
Outcomes
Implementation of best practice, robust systems, quality reports and personalised strategies to achieve your goals.
3-6+ months
At this point we have an advanced understanding of you, your goals and your business, so we’re well placed to work with you on your vision: growth strategies like raising capital, acquiring a business or expanding into a new market.
Outcomes
Preparing for raising capital, business acquisition or sale, market expansion, ad hoc project, scenario planning and long-term goal setting.
How we Handle Your Business
We have a 30 minutes obligation free discussion getting to know about you and your
business. After that we send you a once way NDA we have signed and then request that
you send us access to your accounting system, we download your financial data, throw it
into our models and do an assessment of where you at, what need to be fixed and what you
can afford and we will prepare a proposal accordingly.
For Bookkeeping and Payroll services we chare per hour, for CFO advisory type services
like management reporting, forecasting, dahs boards etc we charge on a monthly recurring
retainer basis. The cost will depend on the size of your business and what you can afford,
we in essence tailor our service to your budget and prioritise value for money based on the
priority of you business.
The short answer is yes. With over 30 years combined experience working with SMEs there
is no sector, industry or niche we haven’t had direct experience working with. Feel free to
check out our List of industries for a more detailed breakdown.
No you don’t. We have some customers who have been with us for more than 06 years, not
once have we over asked a customer to sign a term contract. Our customers stay with us
because we deliver great value for money.
So tax accounting is all about minimising your tax liability with the ATO, so all of the advise
your tax accountant provides is with this in mind. We are more focused working with you to
grow your business by providing insight into how your business is truly performing from a
profitability and cash generation point of view. We provide planning and foresight and
therefore work with both historical data and future projections.
No not at all, we are here to provide what you don’t have and work with what you do. In
some instances our customers have a full finance team and we just provide the CFO
components. We are here to offer you what you need and deliver it in a high value cost
effective way.
No it doesn’t, we are able to extract the data we require from any accounting system and
plug it into our models for a seamless experience for all.
Yes we can. Often new customers feel ashamed or a little embarrassed about the state of
things, there is no need, this is much more common than you think and we have years of
experience holding our customers hands getting things on par for them and we will be able
to do the same thing for you.
The Virtual CFO Group Australia’s experienced CFOs help small and medium-sized businesses increase profits, secure finances, and build wealth through expert planning and strategy.
Copyright © 2024 The Virtual CFO Group Australia. All rights reserved. | ABN: 42 677 357 265
Virtual CFO
Colin has been working since 1994 in the financial management of SME businesses, holding shareholdings and Directorships in several companies. His passion for SMEs inspired him to establish the 3S CFO Group and later The Virtual CFO Group Australia, to help SME business owners better manage their performance and achieve their goals. Colin is a pioneer, always learning, evolving, and sharing his knowledge with clients, staff, and aspiring finance professionals. His dedication continues to drive positive outcomes for businesses across various industries.
Virtual CFO
Matthew joined Colin as a partner in the Virtual CFO Group at the end of 2023. Originally from South Africa, he has lived and worked in Australia since 2019. Matthew is a CIMA, CGMA, and CPA with 14 years of experience in business partnering and other senior finance and management roles. Before discovering his passion for serving SMEs as a virtual CFO, he honed his skills in manufacturing, distribution, logistics, and other industries. Matthew is dedicated to helping SME business owners succeed and values the opportunity to be part of their journey.
Senior Bookkeeper and Payroll service Supervisor
Karen is a senior bookkeeper with over 20 years of experience and counting and possesses extensive expertise in accounting principles, payroll, and bookkeeping. She excels in critical thinking and problem-solving, demonstrating integrity, transparency, and strong communication skills. Karen stays current with changes in the regulatory environment, ATO rules, WorkCover, and superannuation. She ensures that any factor affecting your team’s remuneration is expertly managed. With Karen at the helm, you can trust that your payroll and bookkeeping needs are in capable hands.
Systems Developer
Graeme has over 25 years of experience in the IT industry, including 18 years with IBM, where he led development for numerous collaboration and workflow applications. He holds several Lotus Notes development accreditations. Since joining us 5 years ago, Graeme has been instrumental in creating sophisticated, market-leading models and workflows that surpass “off-the-shelf” alternatives in both functionality and cost. His dedication to tailoring IT solutions for the SME sector ensures that our offerings remain cutting-edge and highly effective
