Virtual CFO Pty Ltd was founded in 2000, by Karen Hudson, a chartered accountant who was working at The Australian Technology Park in Sydney, where there was a large number of start up, emerging and fast growth businesses, who needed "big ticket" outcomes from a finance professional (Business Plan, Equity Raising, Board Reporting and Governance), but couldn't afford or did not want to appoint a fu
ll time Chief Financial Officer. Seeing a nitch in the market, Karen created the concept of a "Virtual" CFO, and the idea grew into an in-demand market, not only with emerging start ups, but with many other businesses who had a need for a seasoned professional, but only on a part time, interim or special needs project. Today, Virtual CFO provides various services to companies via an experienced seasoned Virtual CFO including:
-Professional monthly reporting and review of in-house finance function outcomes, board reporting, CEO support and mentoring for small-medium sized organisations not wanting a full time CFO
-Business Improvement initiatives
-Business Plans, assistance in financing applications, financial modelling, budgets
-Assistance in transitioning the finance function to serve an organisation's next level of growth - hiring, structuring, KPI identification, corporate governance
-Reports and reviews of operational performance
-Mergers and acquisitions, sales and divestments
Interim CFOs for absences such as maternity leave, long service leave
-Support for major projects, such as systems implementations, capital raising, IPOs
-Mentoring, Business Health Checks
