Virtual CFO Services

Giselle ItalianoDirector and Shareholder, Action Sheds Pty Ltd

Action Sheds Australia has worked with Kevin and his team since March 2016. We initially brought Kevin into our business to help us understand our financial position and to receive clarity and insight into our business. His team have been a huge asset in helping us to understand the figures and helping us to grow our business.
His pleasant personality and amazing insight into business have helped us feel confident in using his knowledge as a great sounding board for when we have had to make important decisions. Through working with Kevin we were able to make the right decisions for our business, as he breaks down the finance side, so it is easy to understand. With the insight and clarity to our business we have improved in many areas of how we now run our business. I would personally highly recommend Kevin and his team to help with any business. I think their knowledge and understanding of business finances as well as processes would be a great asset to any business. Kevin and his team have added great value to our business.

Shari ClarkCEO and Shareholder, Bin Manager Pty Ltd

Kevin has become a great asset to my business. I had no idea if I was doing well in my business and how the decisions, I was making were really impacting my business. Kevin has helped me not only understand what those decisions translate in terms of dollars but showed how small changes make big outcomes. My accountant does the compliance stuff, but they don’t give you the details you really need. Now understanding what I was missing is so empowering and valuable, I tell anyone I can about Kevin and what his team does.

Sam WillisCEO and Shareholder, Checkside Group Pty Ltd

Kevin has provided a huge benefit to us in terms of insightful management reporting that is tailored and relevant to our business. Since commencing our engagement, our financial reporting has evolved from pure compliance to an extremely useful management tool for managing and driving efficiency and providing streamlined feedback for the business owners each month. The monthly reporting pack provides great visibility and control over how the business is operating each and every month – which is very powerful – and provides us with the necessary information to make effective decisions as required. As a result we have also managed to reduce our reliance on external accountants and minimised our compliance costs.

The structure of having a virtual CFO has been a very efficient and cost effective way of a growing business tapping into high quality advice that we otherwise may not be able to afford. The arrangement also integrates seamlessly with our internal functions but is still able to be tweaked and altered as required – which is important flexibility to retain as our business continue to evolve. Most important it is specifically tailored to our business needs and provides a bespoke solution that works extremely well for us.

Kevin is always available when needed and very responsive and our engagement has freed up a large amount of our management time which is invaluable. In addition, we all really enjoy and value working with Kevin - he is universally liked amongst everyone in the business and is a truly valued member of the Checkside team.

Glen Payne, CEO, DIAB Engineering Pty Ltd

Well done Kevin to you and the team. The service/support we have received from your team over the last 6 years has been fantastic.

Nathan FoncecaDirector and Shareholder, IT Dynamics Pty Ltd

At the start of 2019, our business had been making rapid growth but had made a small loss in the previous financial year. Our books had no proper structure, and therefore we were unable to view accurate reports. We knew we needed to do something as our current situation was not sustainable.

We first got in touch with Kevin from “Your Financial Controller” in February 2019 for an initial discussion around the services he provides and how he could help our business. We began working with Kevin and his team from May 2019.

Kevin initially reviewed our chart of accounts and restructured them to suit our unique needs. He then helped implement proper accounting procedures, including an end of month procedure. We now have monthly financial board reports with accurate figures which we find invaluable. Kevin has also implemented a proper yearly budget and forecast, which we review each month in our monthly financial board reports with Kevin.
By having the financial board reports, we can accurately set goals which we need to meet each month. As a result, we have been able to turn our previous year’s loss into a substantial profit. We can’t recommend the team at Your Financial Controller highly enough.