Virtual Finance Director

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We understand that the control of finances, paperwork and looking at strategy can be difficult when you are really busy dealing with day to day work.

Smaller businesses often face the same issues as larger businesses but can't justify employing a full-time finance director.

Having someone with financial expertise, together with extensive commercial and business experience, can be vital to your success.

Our Virtual Finance Director service offers the best of both worlds - access to our extensive experience at a level that is tailored to your individual needs and budget.

So, what is a Virtual FD?

A Virtual FD plays the FD role on a part-time business for a fraction of the cost of a full-time FD. A Virtual FD is essentially a business adviser and a source for financial insight at a far smaller cost than a full-time FD.

Having access to an experienced, knowledgeable finance professional is a luxury that many smaller businesses simply can't afford on a permanent basis.

But linking in with a Virtual FD, this is now within reach.

Through a combination of practical knowledge, cloud-based accounting software, mobile technology and modern data analytics we can deliver a service that really makes a difference to your business.

What does a Virtual FD do?

We'll act as your company's Financial Director by providing you with all the specialist skills, services and expertise you'd enjoy if you recruited one yourself.

Key aspects of this role include:

  • ​managing and controling cash flow;
  • preparing an annual budget and rolling cash flow forecast;
  • representing the business at meetings with the bank, other shareholders and auditors;
  • implementing financial strategy;
  • preparing monthly management accounts;
  • running up to date accounting software;
  • having a monthly meeting with the directors to discuss business performance.

What are the benefits of a Virtual FD?

Besides looking after the practicalities detailed above, the real benefit is that you will receive a service that is far greater than the sum of its parts. It's the bigger picture and the real-world advantages that really benefit our customers using this service.

Business owners and senior managers often find that they can focus more on doing what they are best at, and use the extra time and energy that becomes available when they are freed from financial management tasks to creatively develop and grow their business. Bringing many years of commercial experience, we provide an outside perspective that can breathe new life into your business.

Who is it for?

We don't believe in a one-size-fits-all approach to accounting, so our Virtual FD service is always carefully designed around the very specific needs of your business. This means it's suitable for a wide range of businesses and situations, and particularly suited to start-ups and established businesses with ambitious plans.

Typically, our Virtual FD service is used by forward-thinking organisations that have reached the point where the expertise of a Financial Director is the only way to safeguard its financial interests and the best way to guarantee its continued growth.