Running a not-for-profit (NFP) organisation isn’t like running a commercial enterprise. You juggle grants, donations and restricted funds, report to boards, donors and regulators, and need to show that every dollar furthers your mission. Yet tight budgets make a full-time Chief Financial Officer (CFO) unrealistic.

WHAT DO OUR CFOs PROVIDE NFPs
THAT YOUR ACCOUNTANT AND BOOKKEEPER CAN’T?

Bookkeepers

are great at keeping records but not at interpreting the information.
to achieve better business performance is beyond their scope – at this point you need CFO experience.

Accountants

are great at managing compliance and minimising tax, using historic numbers to report on state-of-play, but often
they don’t have the commercial knowledge and experience of a CFO.

Our CFO-led accounting services for NFPs are designed to help non-profits bridge this gap. Our NFP specialists combine board-level insight with hands-on accounting, delivering forward-looking financial leadership without the AU$250k+ salary of a full-time CFO. You benefit from seasoned CFO expertise at a fraction of the cost, so your team can focus on delivering programs while we ensure your finances serve your mission.

Comparison of CFO Options
OptionCFO-led accounting (outsourced)In-house CFOAccountant / BookkeeperController
Typical cost profilePredictable monthly retainer or scoped projectFull salary package (+ on-costs)Low to moderate (compliance-focused)Moderate
Strategic planningYes (forward-looking, board-aligned)YesLimitedLimited to operational control
Grant & fund accountingStrong (restricted/unrestricted, acquittals)Varies by hireBasic tracking onlyModerate
Board-ready reportingIncluded monthly with commentary & actionsDepends on bandwidthNot typicalSometimes
Time-to-valueWeeks (30–60 days for quick wins)Months (recruit & ramp)Immediate for compliance tasksMonths
Coverage & resilienceTeam-based coverage and escalationSingle point of dependencySingle point of dependencySingle point of dependency
Meeting cadenceFortnightly working session; monthly board packAs per the contractAd-hoc / EOFYMonthly ops focus
Best forNFPs needing CFO oversight without full-time headcountLarge, complex organisationsBasic bookkeeping & tax complianceProcess & control discipline

Who we help

  • Charities & social enterprises that rely on grants, donations and government contracts.
  • Member-based associations and clubs with multiple revenue streams and reporting obligations.
  • NDIS & disability providers facing complex funding rules, service caps and participant-centric reporting.
  • Faith, education & community groups that must balance impact, compliance and stewardship.

If you need more than a bookkeeper but don’t need a permanent CFO, our service is designed for you.

Bookkeepers record transactions, and accountants handle compliance; neither is equipped to interpret financial trends or drive performance.

Our CFOs partner with your leadership team to turn numbers into decisions.

Included NFP Accounting Services at a glance
ServiceDescription
Grant & Fund AccountingIncludes restricted-fund tracking, preparation of acquittals & claims for ACNC, NDIS, and other bodies, and program-based budgets for funding allocation and viability analysis.
Budgeting, Forecasting & Cash FlowIncludes rolling budgets & forecasts, scenario analysis for program impacts, and reserve planning for financial sustainability during funding gaps.
Compliance & ReportingCovers sector-specific compliance for ACNC/ATO filings, board & donor reporting, and audit & grant-acquittal support for funders.
KPI Dashboards & MonitoringProvides custom KPIs like cost per participant, monthly dashboards for financial insights, and tracking against budgets & forecasts.
Systems & Process ImprovementIncludes cloud accounting & HR systems (like Xero), internal controls for fund protection, and workflow optimisation for reduced admin time.
Strategic Advice & SustainabilityOffers advice on growth & diversification, capital & grant strategy, and long-term sustainability planning for mission balance and risk management.
Capacity Building & SupportProvides finance team mentoring, board & committee support, and on-demand CFO advice for strategic decision-making between meetings.

What People Are Saying About Our CFO Delivered Accounting Services for NFPs

“He has taken the pressure off me. Net profit is growing and I’m confident our strategy can be implemented and turned into reality. I’m now living the dream - running the business remotely.”
Mike Brewill
CEO Velocity Electrical
“We’ve already made improvements of six figures! Our CFO On-Call’s experience has made a huge difference to our bottom line. He’s streamlined our processes and efficiency to better use our systems and people.”
Rodney Frost
Group GM lamson Paragon Group.
“We have the useful information we need to make the financial and business decisions at the right time. Our CFO’s input has led to a 27% improvement in profitability.”
Greg Jaques
GM Nolans Transport
“I was flying by the seat of my pants and not always enjoying the ride. One day great - the next day chaos. I was always putting out fires. I don’t want to go forward without my CFO On-Call. His blood is worth bottling!”
Richard Ching
CEO of QME
“I’ve now got the confidence to grow the business. I’ve got lots of ideas about business direction and his input is great. Our CFO On-Call is a valuable asset who helps with the planning and ensures cost effectiveness.”
Francis Vigliante
CEO of BRI
“My CFO has provided me with a fantastic insight into the KPIs that really drive my business. We now have a better understanding of smarter pricing and the type of work that provides better margins.”
Kerry Matthews
CEO Powerex

How It Works

Step 1: Free Consultation

We start with a no-obligation call to understand your mission, funding sources and current challenges.

Step 2: Meet your CFO-level accountant

You’re matched with an NFP-experienced CFO who develops a 90-day plan covering budgeting, cash flow, reporting improvements and quick wins.

Step 3: Collaborate for impact

Your CFO manages cash flow and budget cycles, prepares monthly dashboards, attends board meetings and provides ongoing strategic guidance. Engagements can be monthly, quarterly or project-based to suit funding cycles.

First 30 days – Onboarding

To de-risk the transition, we follow a structured onboarding:

Week 1: Access & diagnostics – review your GL, grants register, prior year accounts and compliance filings.

Week 2: Clean-up & KPI design – tidy the chart of accounts, set up grant tracking, design mission-aligned KPIs.

Week 3: Forecast & budgeting – build a 13-week cash model and program budgets.

Week 4: First board-ready pack – deliver a dashboard and action plan; refine the plan for the next 60 days.

We will ask for access to your accounting system, bank/merchant portals, grant agreements, funding contracts and policies to get started.

Pricing & Commitment

Hiring a full-time CFO in Australia can cost well over AU$250,000 per year.

Our CFO accounting services are available on a retainer or project basis, typically ranging from AU$3,000 to AU$15,000 per month, depending on complexity, size and scope.

Engagements can be month-to-month or three-month terms. There are no hidden setup fees. Most clients see quick wins in the first one to two months, with benefits that far outweigh the cost.

Outcomes & Proof

Our goal is to maximise the impact of every funding dollar. Working with our CFOs, NFPs have:

  • Optimised funding utilisation – ensure NDIS and other funding streams are allocated efficiently.
  • Secured additional funding – bank loans and grants achieved through strong documentation and strategy.
  • Stable cash flow – no program interruptions thanks to forward-looking forecasts.
  • Transparent reporting – board and donor reports built around mission-aligned KPIs.
  • Sustainable growth – diversification strategies and reserve policies help organisations adapt to funding changes.

Client Snapshot: 🏆

One community service provider reduced month-end close time by five days and secured a new three-year grant after implementing our 13-week cash forecast and program budget methodology.*

* example for illustration; specific client results vary.

Does Your NFP Need Help With Its Accounting & Financials?

Our Virtual CFOs are ready to help you, Australia-wide. Tell us about your financial challenges, we can talk by phone, online or in person.

Call 1300 36 24 36

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