About Virtual CFO.LK
We are a team of well qualified finance professionals and Virtual CFO.LK was Co-Founded by Leel Gunawansha who has diverse experience in different industries working with world’s leading multinational companies to SME’s in across all areas in Financial Management
We have identified the increasing need of SME’s and Strat-up’s for better informed decision making and value-added strategic financial management but they are limited by accessibility to such practices
We are committed to build mutually beneficial and sustainable partnerships. Most importantly we provide you with Customized Financial Accounting Services! at an affordable prices
Concept of Virtual CFO
Rise of the Virtual CFO has become more relevant in todays’ dynamic business environment in Sri Lanka. As businesses are in a constant struggle to manage costs, acquiring and retaining an experienced financial professional for a growing Start-up or for a SME is extremely challenging. This is well identified by an exceptionally qualified team of finance professionals and Virtual CFO.lk was founded to faithfully support and to be their own partner in financial management and CFO advisory.
Our Virtual CFO service partners you up with a dedicated experienced CFO and a team of virtual accountants with diverse industry experience and qualifications such as MBA, MIT, BSc, ACMA (UK), ACCA (UK), ACA (LK), CMA (LK), we are a team of professionals who will work with you to help guide your business to success. Our service includes more than just basic bookkeeping and accounting; we provide comprehensive financial reporting, analysis, forecasting and a variety of advance strategic financial services for our VCFO clients, ultimately providing the financial peace of mind business owners need.
We stand by our clients throughout the year, we provide Virtual CFO Services specially for Start-up’s and SME’s such as Software development companies, Architect firms, Construction companies, Professional Service firms, Logistic service providers, 3PL & Warehouse Service providers, Travel companies, web design firms, Online service businesses, marketing and branding agencies, Foreign funded start-up’s, Small scale manufacturers, Call center service providers, Outsourcing agencies etc. If your business is growing business and you could use the help of a professional financial consultant, our Virtual CFO service is a perfect fit.
Is it the right time for a CFO Service
Evaluate following questions in determining if hiring a Virtual CFO is right for you
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- Do you know your exact Product or Service Cost?
- Do you know the most profitable Product or Service mix of your organization?
- Do you analyze and evaluate the financial health of your company on a monthly basis?
- Do you closely monitor your solvency, working capital cycle and long-term capital funding requirements?
- Are you able to accurately analyze, measure, and track your profit margins?
- Do you flex your budgets and do you have up-to-date forecasts of your performance?
- Do you adopt Modern Management Accounting practices?
- Do you know your internal control system is adequate and there are no revenue leakages?
- Have you experienced any audit issues and any audit recommendations in resent audits?
- Is your accounting software performing how it’s supposed to?
- Is there a need arise for expanding your in-house finance team? Or downsizing your finance team?
- Are you able to use your financial data to make better-informed business decisions?
If you are unsure of the answers to any of the questions above,
your company may want to consider hiring a Virtual CFO!
We Save your Time and Money
Minimum annualized Cost to Company for a fulltime CFO in Sri Lanka is more than LKR7.5Million, certainly it is unaffordable for Start-up’s and SME’s. But there is a better way! Virtual CFO.lk is a firm with highly qualified and experienced finance professionals. A dedicated Virtual CFO will attend your weekly business meetings, Strategic planning process, business forecasting, and Internal Control system, KPI’s and what not! At an affordable fraction of the cost of a fulltime CFO, Our VCFO packages can guarantee you savings up to 60% of a fulltime CFO per year