Answers
What is a virtual CFO?, A senior finance lead engaged for an agreed number of days a month, responsible for the monthly close, the forecast, the board pack and decision support, without a full-time salary.
How much does a virtual CFO cost?, A fraction of the fully loaded cost of a full-time finance director in London, because you buy days rather than headcount. We quote a fixed monthly fee against a written scope.
When should we get one?, Typically after a raise, when payroll becomes the biggest cost, when the board asks questions the P&L cannot answer, or when the forecast only lives in one person's head.
Is it the same as a fractional CFO?, In practice yes. Fractional emphasises days of senior time; virtual emphasises remote delivery. What matters is the scope and the outputs.
Does a virtual CFO do bookkeeping?, No. Bookkeeping runs underneath, and it needs to be accurate, advisory built on unreliable data is worse than none.
Will you present to our board?, Yes, where the board wants it. We produce the pack, present it and answer the follow-up questions with source schedules.