Virtual CFO Melbourne

Proven virtual CFO services Melbourne businesses thrive with

Liston Newton Advisory is rated 4.8 from 32 reviews
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An award-winning Australian accounting firm

SMSF multi service firm of the year awardSMSF customer service firm of the year awardIfa innovator of the year awardIfa holistic adviser of the year award

Expect success with a top Melbourne part-time virtual CFO

A CFO (Chief Financial Officer) is critical in any growth-focused business. But their wealth of experience comes with a hefty price tag that sets even the most ambitious small business owners on edge. A virtual CFO service could be just the solution you’re looking for.

Liston Newton’s virtual CFOs can be hired part-time or on a project basis, allowing you to manage your costs while benefiting from some of Melbourne's most sought-after and trusted financial advice. Let us show you how we can help — free for a coffee?

We can meet at our South Melbourne office on Palmerston Crescent, or we’ll happily visit your offices. A virtual consult is also available if that’s more convenient for you.

Contact us

Call us on

03 9509 0366
Business hours

Monday to Friday

8am to 5pm

Parking

On street parking on Palmerston Crescent

Visit us

Contact us

Call us on

Business hours

Parking

Expect success with a top Melbourne part-time virtual CFO

A CFO (Chief Financial Officer) is critical in any growth-focused business. But their wealth of experience comes with a hefty price tag that sets even the most ambitious small business owners on edge. A virtual CFO service could be just the solution you’re looking for.

Liston Newton’s virtual CFOs can be hired part-time or on a project basis, allowing you to manage your costs while benefiting from some of Melbourne's most sought-after and trusted financial advice. Let us show you how we can help — free for a coffee?

We can meet at our South Melbourne office on Palmerston Crescent, or we’ll happily visit your offices. A virtual consult is also available if that’s more convenient for you.

Contact us

Call us on

03 9509 0366
Business hours

Monday to Friday

8am to 5pm

Parking

On street parking on Palmerston Crescent

Virtual CFO services available in Melbourne

Your Liston Newton virtual CFO is backed by an award-winning stable of financial specialists; give your CFO a problem beyond their expertise, and they’ll find you the right expert for the job.

We have worked with Liston Newton's Accountancy and Advisory Team for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.

Karsten Horne

CEO, Reho Travel

Liston Newton's accountants analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.

Lisa Clarke

SL Constructions

Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.
Peter Luskan
Pandora
Secure success with outsourced CFO services in Melbourne
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Achieve specific goals with personalised solutions

Just like their in-house counterparts, virtual CFOs oversee your entire financial function, from bookkeeping services to strategic financial advice. But, by employing our strategic and accounting services for special projects or during periods of high business growth, you can maximise your ROI. 

We have over four decades of experience helping small businesses in the South Melbourne and the inner suburbs exceed their goals. Let it be your turn.

Virtual CFO responsibilities

  • Business advice
  • Cash flow management
  • Tax and compliance obligations and preparation
  • Strategic business planning
  • Financial reporting, forecasting and budgeting
  • Financial planning and analysis
  • Mergers & acquisitions planning

Learn more about your business with our comprehensive guides

At Liston Newton Advisory, we take pride in helping business owners get more out of their hard work. Our downloadable guides can give you an in-depth look at strategies and technologies that will help your business grow.

  • Discover tax strategies and business structures available to you
  • Understand and apply new business management technology
  • Get in touch with us for information tailored to your business

Meet the Melbourne team

Expertise you can trust

Virtual CFOs back by nearly half a century of experience

With a fully accredited Melbourne-based CFO at your back, your financial goals will be well within reach.

Australia’s most experienced and professional accountants — with industry leading qualifications and accreditations to show for it. Learn more from a specialised business accountant.

Why choose us

A treasury of business success stories

As businesses grow, their finances become exponentially more complex. Small business owners need to hire more staff, process greater demand, and figure out new tax obligations; there’s a lot to juggle while delivering outstanding service. A virtual CFO can soothe your financial pain points, freeing you to do what you do best.

Modern technology has eliminated location as a barrier to communication. We don’t just mean the advent of video conferencing; by incorporating market-leading fintech, our virtual CFOs can guide business owners anywhere in the state from the comfort of our South Melbourne office. Wherever you are, we can help you:

  • Make agile, effective financial decisions with expert guidance
  • Design and refine internal accounting systems as you expand
  • Mitigate expenses and improve your business’s financial performance

Every business exists in a unique context and faces unique challenges. But with clear, efficient and adaptable strategies, our virtual CFO can deliver equally unique solutions. Just ask our satisfied clients.

Our methodology

Our holistic approach to help you attain financial freedom

How we get you set

The first phase is all about establishing the fundamentals of your business and creating a strong foundation to build from. You also need to establish your long-term goals so you have a clear idea of what you're working towards.

  • Plan your goals
  • Structure your business and assets
  • Online accounting
  • People and HR
  • Protect your business and personal risk
  • Business and personal will

How we get you moving

The second phase is about gaining a deeper understanding of your business; how to make it more efficient and experience sustainable growth. This is where you transition from working in your business to working on your business.

  • Understand your numbers
  • Delegate bookkeeping
  • Systematise and automate tasks
  • Minimise tax
  • Forecast cashflow and capital needs
  • Quarterly coaching and accountability

How we get you free

The final phase is when all your hard work really starts to pay off. This is when you start using your profits to build your personal worth to a point that give you financial freedom—the freedom to work only if you want to.

  • Understand wealth creation
  • Investment portfolio
  • Investment property
  • Superannuation
  • Succession and exit planning
  • Your legacy

Our Melbourne case studies

Read all

We serve the community, not just the bottom line

If you want to serve your community, turn your passion into a skill and share it around. Well, our passion is entrepreneurship. Following our passion has given us the skills to help several local Melbourne and national charities. These include:

  • The Cancer Council’s Small Business Advisory Service
  • The Type 1 Foundation for diabetes education and prevention
  • Several community sports teams in Wantirna, Richmond and St Kilda

We have offices across Australia, and every one of them supports a different set of charities. We’re proud of our team for donating their expertise where it’s needed.

Frequently asked questions

Frequently asked questions

What is a virtual CFO?

A virtual CFO is a third party that offers the same high-level managerial support that an in-house CFO offers but on a part-time basis. They are a more economical option for small businesses that may not have the resources to hire a permanent CFO.

Is outsourcing my CFO a good idea?

Outsourcing an experienced CFO is an economical way to understand and optimise your finances.

We understand why business owners can be hesitant to hire an outsider, but there are significant benefits that you should consider. Here’s a list of 6 benefits of hiring a virtual CFO.

How expensive is it to hire a virtual CFO?

The cost of hiring a virtual CFO is significantly lower than hiring an in-house CFO. Virtual CFOs don’t need ongoing salaries, nor do they need benefits. You can hire them for set periods or to complete specific strategic tasks.

We can’t give you an estimated cost for hiring our virtual CFOs without understanding the scope of your needs. Come in for a consultation, and let’s talk through the details.

When is the right time to hire a virtual CFO?

Your yearly revenue is a useful way to decide when to hire a CFO.

Consider hiring a virtual CFO if your business earns $5-$35 million annually.

Related resources

About our content authors

We don’t believe in fairy tales

‘Artificial intelligence technologies have advanced by leaps and bounds in recent years. Hype-fueled tech evangelists have proclaimed AI tools can do everything from writing the next great novel to drafting political bills. They also claim AI will revolutionise business.

Integrating cutting-edge technologies is essential for businesses to remain productive and competitive. On that, we agree. But companies must take the time to understand what that technology is — and isn’t. At Liston Newton, we believe AI is a tool best used by experienced human analysts; it’s not a genie that can grant your every wish. 

That’s why every strategy we deliver will be planned, written and approved by tech-savvy human beings.