Virtual CFO Services — For Canadian Growth Companies
Move beyond bookkeeping. Get the strategic financial guidance that helps you extend your cash runway, hit your KPIs, and make confident decisions about hiring, pricing, and capital allocation.
Your Virtual CFO Engagement
Every engagement is tailored to your growth stage, but these core deliverables ensure you always have the financial clarity to make sound decisions. Our virtual CFO service integrates with your existing bookkeeping and tax compliance to create a complete financial operating system.
Cash Flow Forecasting & Management
Rolling 13-week and 12-month cash flow models so you always know your runway. We model best-case, base-case, and worst-case scenarios to keep you ahead of shortfalls.
Budget Creation & Variance Analysis
Annual operating budgets broken down by department, with monthly variance reports that explain why actuals diverged from plan and what to do about it.
KPI Dashboards & Reporting
Custom dashboards tracking the metrics that matter for your stage: burn rate, CAC, LTV, gross margin, MRR, net revenue retention, and working capital ratios.
Financial Modelling & Scenario Planning
Three-statement financial models for internal planning and investor presentations. We build scenario analyses for pricing changes, new hires, market expansion, and capital raises.
Fundraising & Investor Deck Support
Investor-ready financial packages including pro-forma statements, unit economics breakdowns, dilution modelling, and data room preparation. We join investor calls when needed.
Board & Investor Reporting
Monthly or quarterly board packages with executive summaries, financial highlights, KPI trends, and forward-looking commentary that builds investor confidence.
Strategic Tax & Growth Planning
Proactive tax strategy including SR&ED credit optimization, corporate structure review, dividend vs. salary planning, and timing of major capital expenditures for maximum tax efficiency.
How Your CFO Engagement Works
We follow a structured onboarding process to get you from financial fog to strategic clarity within the first 60 days. Each phase builds on the last, creating a financial operating system you can rely on.
Financial Health Check & Diagnostic
We review your historical financials, current tech stack, reporting gaps, and growth objectives. This diagnostic identifies the highest-impact areas to address first and sets the baseline for all future measurement.
KPI Framework & Dashboard Setup
Based on the diagnostic, we design a KPI framework tailored to your industry and growth stage. We build real-time dashboards so you can track burn rate, unit economics, and cash runway without waiting for month-end.
Monthly CFO Sessions
Structured monthly meetings where we review financial performance against budget, analyse KPI trends, update the cash flow forecast, and discuss strategic decisions. Between sessions, you have async access for time-sensitive questions.
Quarterly Strategy Review
Every quarter, we step back from the operational detail to review your three-year financial model, reassess strategic priorities, update board materials, and plan for upcoming milestones like fundraising rounds or market expansion.
Is a Virtual CFO Right for You?
A virtual CFO is not for every business. If your primary need is getting transactions coded and reconciled, our bookkeeping service is the right fit. A virtual CFO becomes valuable when the questions shift from "are my books accurate?" to "what should I do next?"
Funded Startups Scaling Operations
You have raised a seed or Series A round and need to manage burn rate, report to investors, and build the financial infrastructure to reach your next milestone. A virtual CFO ensures your capital is deployed strategically and your board receives professional reporting.
E-commerce Businesses Growing Past $1M Revenue
Your e-commerce accounting is handled, but you need help with inventory forecasting, unit economics by channel, pricing strategy, and cash flow planning around seasonal demand cycles.
Professional Services Firms Expanding
You are adding headcount, opening new service lines, or considering geographic expansion. A virtual CFO models the financial impact of each growth lever and helps you set utilization, billing rate, and margin targets.
Companies Preparing for Fundraising or Acquisition
Whether you are preparing a pitch deck for investors or packaging your business for a potential acquirer, a virtual CFO builds the financial narrative, prepares the data room, and ensures your numbers tell a compelling, defensible story.
CPA Pro Tip: Bookkeeper vs. Accountant vs. CFO
A bookkeeper records what happened (transaction coding, reconciliation). An accountant ensures compliance and files taxes. A CFO looks forward and advises on strategy. Most businesses between $200K and $500K in revenue need a bookkeeper and accountant. Once you pass $500K, or if you are raising capital at any stage, a virtual CFO starts delivering outsized value by preventing costly mistakes and surfacing opportunities you would otherwise miss.
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Frequently Asked Questions
How much do virtual CFO services cost in Canada?
What is the difference between a virtual CFO and an accountant?
When should a Canadian business hire a virtual CFO?
What does a virtual CFO engagement include?
Can a virtual CFO help with fundraising in Canada?
How is a virtual CFO different from a fractional CFO?
Do I still need a bookkeeper if I have a virtual CFO?
What KPIs does a virtual CFO track for Canadian businesses?
Ready for Strategic Financial Leadership?
Stop guessing and start planning. A 30-minute discovery call is all it takes to find out if a virtual CFO engagement is right for your business.