We would like to introduce our services of Virtual Chief Finance Officer (VCFO) to assist small and medium sized organizations to get the benefit of having highly qualified and experienced Chartered Accountants at a fraction of cost that they would have incurred to hire a full time CFOs.
Virtual Chief Finance Officer (V.C.F.O) and Outsourced Accounts, Taxation and Finance Dept. for Small Medium Sized Indian Companies in India. A virtual CFO is an outsourced service provider offering high skill assistance in accounting, statuary compliances and financial requirements of an organization, just like a Chief Financial Officer does for large organizations.
The primary role of a Chief Financial Officer in any organization is to oversee the financial planning, maintain and report on the financial activities and manage financial risk of the business. A virtual CFO provides the same services but since the common clientele of a Virtual CFO are small businesses and startups and growth stage companies, there are certain more services that are expected of them. Services offered by a Virtual CFO often follow the Financial pyramid of needs. In the basic level, a Virtual CFO is expected to be the bookkeeper of the client and has to take responsibility for the accuracy of the account books and interpret the financial information from the accounting data to the client. They make take responsibility for executing or overseeing the reporting process. On the more strategic side, they are the financial and strategic sparring partner from the CEO. Additionally, they are also responsible for suggesting measures to control expenditure and acquire capital at low cost.