Virtual CFO / Fractional CFO Services
Why Choose ASMA Limited, ASMA Limited offers a comprehensive suite of Virtual CFO services designed Running a business in Aotearoa, New Zealand, comes with its own set of unique challenges. Based in Tāmaki Makaurau, Auckland and Tauranga Moana ASMA Accounting’s comprehensive financial services, including our Virtual CFO and Fractional CFO services, are designed to help you manage your finances and grow your business in a way that aligns with your aspirations.
Wondering how our Virtual CFO service works?
Our Virtual CFO service, also known as fractional CFO or part-time CFO, aligns you with a skilled CFO and tax experts to steer your business towards success. Beyond traditional accounting, we deliver in-depth financial reporting, forecasting, and various tax services, ensuring you have the financial clarity needed for peace of mind. We proactively engage in tax planning to prevent year-end surprises. Ideal for expanding businesses seeking professional financial advice, our Virtual CFO solution offers the strategic support required for growth.
Why does your business need a Virtual CFO?
Businesses navigating growth, transformation, or operational challenges require expert financial guidance. A Virtual CFO, also referred to as a fractional CFO or part-time CFO, brings strategic financial leadership, akin to a navigator charting your course through complex financial landscapes. They provide not just accounting expertise but strategic business planning, helping businesses optimize profitability, manage risk, and seize growth opportunities efficiently.
On average, the cost of hiring a full-time Chief Financial Officer (CFO) can be around $225,000 per year (not including additional benefits). Working with ASMA Ltd means you outsource your CFO needs through our Virtual CFO services for a fraction of the price, depending on the package you choose and your needs.
Choosing a Virtual CFO means you’re picking a smarter way to handle your business’s finances. It’s like having a top-level financial guide without the cost of hiring one full-time, helping your business save money, grow, and succeed.
What we help with
Financial Planning and Analysis
Struggling to keep track of financial goals and make informed decisions? Our Financial Planning and Analysis services can help:
- Budgeting and Forecasting: Predict your future revenue, expenses, and cash flow to ensure you stay within budget and avoid unexpected costs.
- Cash Flow Management and Forecasting: Maintain a healthy cash flow by monitoring, analyzing, and optimizing your cash movements, and accurately forecasting future cash flows.
- Variance Analysis: Regularly compare your actual financial performance against your budget to identify trends and opportunities for improvement.
- Financial Modelling: Create detailed financial models to explore different scenarios and their potential impacts on your business.
With our guidance, you can stay on track with your goals, make smart financial decisions, and ensure financial stability.
Tax Planning and Compliance
Uncertain about maximizing tax savings and staying compliant with regulations? Our Tax Planning and Compliance services are here for you:
- Tax Strategy Development: Develop strategies to minimize your tax liabilities and take advantage of available incentives and credits.
- Compliance Assurance: Ensure your business stays compliant with all current tax laws, helping you avoid penalties and fines.
- Tax Filing Support: Assist you with preparing and filing your tax returns accurately and on time.
Maximize tax savings, ensure compliance, and avoid costly penalties.
Custom Financial Insights
Lacking the crucial financial insights needed to make informed decisions? Our Custom Financial Insights services provide you with the necessary tools:
- Customized Reporting: Create financial reports tailored specifically to the needs of your business.
- Key Performance Indicators (KPIs): Identify and track important metrics to help you measure success.
- Company Scorecards: Develop scorecards that visually represent your business’s performance, making it easy to track progress and pinpoint areas for improvement.
Gain vital financial insights, measure success accurately, and make informed decisions with our expertise.
Business Advisory
Need expert advice on strategic planning, business expansion, and improving operational efficiency? Our Business Advisory services offer comprehensive support:
- Strategic Planning: Help you develop and implement long-term business strategies that align with your goals and values.
- Expansion Advice: Guide you on business growth opportunities, providing market analysis and financial planning to support your decisions.
- Operational Efficiency: Identify ways to streamline your operations, reduce costs, and increase profitability.
Achieve sustainable growth, make informed decisions, and ensure operational efficiency with our advisory services.
Financial Systems and Processes
Facing challenges with outdated financial systems and inefficient processes? Our Financial Systems and Processes services are designed to enhance your operations:
- Streamline Financial Processes with Software and Automation: Use the latest software and automation tools to streamline financial processes, improving accuracy and saving time.
- ERP Transition Support: Provide expert support throughout the transition to a new ERP system, ensuring seamless integration, enhancing efficiency, and providing real-time financial insights.
- Optimized Workflow Management: Assess and optimize your current financial workflows to enhance productivity.
Improve accuracy, save time, and ensure seamless integration with our financial systems and processes services.
Assurance and Compliance
Concerned about safeguarding assets and ensuring compliance with regulations? Our Assurance and Compliance services are here to protect your business:
- Internal Controls and Effective Risk Management: Design and implement robust internal controls and provide risk management strategies to safeguard assets and ensure financial integrity.
- Comprehensive Policy Review and Development: Review and develop policies to ensure they are up-to-date and compliant with current regulations.
- Risk and Assurance Support: Provide internal audits and risk management strategies, identifying areas for improvement and ensuring compliance.
Protect assets, ensure compliance, and mitigate risks with our assurance and compliance services.
How Do You Know You Need a Virtual CFO?
If your business experiences rapid growth, financial complexity, strategic planning challenges, or time constraints, it’s time to consider a Virtual CFO. Some questions to think about:
- Are you overwhelmed by the complexity of your financial data and need expert guidance to make sense of it all?
- Do you lack a clear financial strategy to support your business’s long-term growth and sustainability?
- Are you facing difficulties in managing your financial risks and ensuring the financial health of your business?
- Do you find it hard to keep up with the latest financial regulations and best practices?
- Are you spending too much time on financial management tasks, taking you away from focusing on core business activities?
- Do you need a strategic financial partner to help you navigate through periods of significant change or expansion?
- Are you struggling to identify and leverage opportunities for cost savings and efficiency improvements in your financial operations?
- Do you need a high-level financial perspective but can’t justify the cost of hiring a full-time CFO?
Protect assets, ensure compliance, and mitigate risks with our assurance and compliance services.
Sectors We Serve
We specialize in sectors including:
- Construction & Facilities Management
- Professional Services
- Healthcare & Wellbeing
- Education & eLearning
Our services are here to support your business in achieving sustainable growth and long-term success, honouring the values and aspirations important to you and your whānau. Let’s work together to achieve your goals and ensure the prosperity of your business. Mauri ora!
Get in Touch
Ready to transform your financial strategy and accelerate your business growth? Contact us today for a personalized consultation.
Let’s meet and talk!
Call us at 027 705 1485
Address: Shared Workspaces, Commerce House 65 Chapel Street, Tauranga 3110