Virtual CFO for Not For Profits - NFP Financial Support

Virtual CFOs can help NFPs with

Optimising Funding Utilisation

Ensure NDIS and other funding streams are allocated efficiently to maximise the delivery of quality services.

Accessing Bank Loans and Grants

Navigate the challenges of securing loans or grants for your organisation with expert financial documentation and strategy support.

Managing Service Cash Flow

Effectively handle cash flow to ensure your organisation can continue providing services without financial disruptions.

Modelling Financial Viability for Programs

Plan and assess the financial viability of new programs or initiatives with detailed expense and revenue forecasting.

Forecasting Cash Flow

Anticipate peaks and troughs in funding to ensure continuity of care and operational stability.

Reporting Key Financial Metrics

Track and report on income and resource usage to maintain transparency for stakeholders, donors, or funding bodies.

Planning Strategic Financial Growth

Receive expert advice on pricing services, managing margins, and meeting funding requirements specific to NDIS sectors.

Expanding Service Capacity Sustainably

Plan for growth in service capacity while maintaining financial health and meeting compliance obligations.

Streamlining Systems and Processes

Improve internal systems and processes to reduce inefficiencies and enhance service delivery for participants.

Ensuring Long-Term Financial Sustainability

Develop strategies to keep your organisation financially stable while adapting to changing regulations and funding models.

Testimonials

“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

let’s get started

Our NFP Virtual CFOs are ready to serve 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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Our NFP Virtual CFOs Bring Extensive Industry Financial Experience to Your Organisation

A Virtual CFO for Not-for-Profits provides vital financial expertise without the cost of a full-time hire. We focus on budgeting, forecasting, and navigating the regulatory landscape to ensure your organisation achieves financial stability. Our expertise helps not-for-profits optimise cash flow, improve grant management, and maintain transparency with stakeholders.

With our exclusive ‘Seven Key Numbers Analysis’ tool, we can quickly help identify improvements to enhance cash flow and resource allocation. Our approach has consistently supported not-for-profits in meeting their mission goals while streamlining financial processes.

Whether you’re seeking strategic growth planning or exploring better ways to improve operational efficiency, our Virtual CFOs provide tailored solutions. Call or enquire today to explore how we can help your organisation thrive.

Printing & Manufacturing

Focus on improving systems, pricing, profit margins and equipment utilisation.

Trades

Focus on improving systems, labour utilisation, job profitability, profit margins markup, work in progress and quotes

Mechanical Engineering

Focus on equipment and labour utilisation, job management, profit margins, processes and systems

Freight Transport & Logistics

Focus on systems, processes, equipment utilisation, job management, profit margins

Building & Construction

Focus on labour utilisation, profit margins, job management, processes and systems

Wholesale and Distribution

Focus on equipment and labour utilisation, stock management, profit margins, return on inventory investment, systems

Virtual CFO for NFP FAQ's

How much does a Virtual CFO for NFPs cost?

The cost of hiring a Virtual CFO varies depending on several factors: your NFP objectives; the complexity and scope of the work; the experience of the CFO; and the length of time you need the CFO for. There may also be additional services you can add to a package which will also affect the price.

Typically, a Virtual CFO service will cost anywhere between $3,000 to $15,000 a month. This innovative solution is a more affordable option for SMEs when you consider the cost of hiring a full-time CFO is upwards of $250,000.

Importantly, a good Virtual CFO will deliver many times their cost in improved profit, cash flow and business value. They should also be able to identify ‘quick wins’ straight away for a business, so you’ll see a great ROI soon after hiring them.

Why do I need a Virtual CFO when I have an accountant?

A CFO takes a forward-looking view of your business versus a compliance (tax accountant) or operational (bookkeeper) one. They provide commercial and strategic financial leadership to support your business growth, using the numbers and data to tell the story of your business’ health.

A CFO will help with performance projections, risk management, process improvement to support growth, debt management, employee KPIs, financial partner relationship management, pricing and sales impact management. The issues covered are very detailed and a CFO needs an intimate understanding of the business. Tax/compliance accountants don’t usually have this type of training and background, i.e. they have mostly worked in an accounting practice, rather than at the ‘coal face’ in commerce. A CFO’s knowledge and value come from years of experience in the ‘real world’, working with lots of different businesses, seeing the pitfalls and knowing how to avoid them.

How do CFO services help with business growth guidance?

Business growth can be a tricky time for business owners. The resources required to achieve sustainable growth need careful consideration, and the multiple levers in a business need to be pulled at the right moment! It’s tempting to think that simply a growth in sales will fix everything, but this is definitely not always the case.

With business growth comes a need for extra cash to cover extra resources e.g. premises, wages, stock, to deliver more sales. These extra funds may need to be sourced externally, and expertise will be required to ensure the funding process is smooth. A Virtual CFO acts as a facilitator between lenders/investors and the business owner, to answer questions and present the business as an attractive proposition.

How does a virtual CFO differ from an interim or temporary CFO?

A virtual CFO provides ongoing, remote financial expertise and strategic support, often on a regular part-time basis. An interim or temporary CFO, on the other hand, fills the CFO role on-site for a limited period of time, typically during transitions or until a permanent CFO is hired. Virtual chief financial officers offer long-term, flexible engagement, while interim CFOs address immediate, short-term needs.