Virtual CFO Services That Help You Build A More Profitable Business
Through 20+ years of experience providing CFO, bookkeeping, and accounting services to businesses across Australia, Knight has helped business owners gain the financial clarity. Our Virtual CFO services go beyond the numbers, providing proactive financial leadership, cashflow forecasting, performance reporting, budgeting, and strategic advice, without the cost of a full-time CFO.
More Than Numbers. It’s About Your Future.
Most businesses rely on accountants to tell them what happened last year. A Virtual CFO tells you what is going to happen next month, next quarter, and next year. We partner with business owners to translate complex financial data into actionable growth strategies.
Profit Improvement
Identify cost-saving opportunities.
Strategic Planning
Support long-term business growth.
KPI Monitoring
Track business performance.
Cashflow Forecasting
Forecast future cash position.
Budget Planning
Create realistic budgets.
Financial Reporting
Monthly management reports.
A CFO gives you clarity today, so you can build a better tomorrow.
Comparison Table
| Bookkeeper | Accountant | Virtual CFO |
|---|---|---|
| ✔ Daily transactions | ✔ Tax Returns | ✔ Financial Strategy |
| ✔ Payroll | ✔ Tax Planning | ✔ Cashflow Forecasting |
| ✔ Bank Reconciliations | ✔ BAS Compliance | ✔ Budgeting & Forecasting |
| ✔ Accounts Payable | ✔ Financial Statements | ✔ KPI Monitoring |
| ✔ Accounts Receivable | ✔ Year-End Accounts | ✔ Board Reporting |
| ✔ BAS Preparation | ✔ Tax Advice | ✔ Growth Planning |
| ✔ Business Performance Reviews | ||
| ✔ KPI Monitoring | ||
| ✔ Board Reporting | ||
| ✔ Growth Planning | ||
| ✔ Business Performance Reviews | ||
| ✔ Profit Improvement Strategies | ||
| ✔ Pricing & Margin Analysis | ||
| ✔ Cash Flow Optimisation | ||
| ✔ Business Compliance Reviews | ||
| ✔ Internal Controls & Risk Management | ||
| ✔ Contract Review & Commercial Advice | ||
| ✔ Process & Systems Reviews | ||
| ✔ Software & Systems Integration | ||
| ✔ Finance Automation | ||
| ✔ Xero & App Ecosystem Optimisation | ||
| ✔ Dashboard & Management Reporting | ||
| ✔ Funding & Finance Assistance | ||
| ✔ Bank & Investor Reporting | ||
| ✔ Due Diligence Support | ||
| ✔ Business Acquisition Support |
When should you hire a Virtual CFO?
Signs Your Business Needs A Virtual CFO
Your business is growing—but your finances aren’t keeping pace. A Virtual CFO provides the financial clarity needed to improve cash flow, increase profitability and make confident decisions.
Your business is profitable but cash is always tight
Despite healthy revenue, cash remains under pressure.
Revenue is growing but profits aren’t
Your margins are shrinking instead of improving.
You need bank finance
Strengthen your funding application with accurate financial reporting and forecasts.
You don’t know your KPIs
Measure the metrics that drive growth with customised KPI dashboards and reporting.
You’re preparing for expansion
You need forecasting, budgeting and financial strategy.
Our process
How Knight CFO Helps
Step 01
Discovery
We start with understanding your business and goals.
Step 02
Financial Review
We dig into the numbers to identify opportunities and risks.
Step 03
Strategy Roadmap
We create an action plan with clear steps and responsibilities
Step 04
Monthly CFO Meetings
We meet to discuss insights and make better decisions together.
Step 05
Ongoing Reporting
We prepare clear reports and dashboards to highlight what matters.
Step 06
Continuous Improvement
We track progress and continuously improve.
Our Services
Delivering Excellence in Every Service
Budgeting
Allocate resources effectively and align your financial goals with actionable, realistic spending plans.
01
Board Reporting
Deliver clear, concise, and compliant financial narratives designed to keep stakeholders informed and confident.
02
Profit Analysis
Identify key revenue drivers and hidden cost-saving opportunities to maximize your bottom line.
03
Cashflow Forecasting
Anticipate future liquidity needs and ensure your business always has the capital to operate smoothly.
04
Pricing Strategy
Optimize your pricing models to remain competitive in the market while protecting and growing your margins.
05
KPI Dashboard
Visualize your most critical financial metrics in real-time to drive faster, data-backed decisions.
06
Strategic Planning
Develop long-term financial roadmaps that align your business objectives with sustainable growth and measurable outcomes.
07
Performance Review
Measure financial performance against targets, uncover trends, and identify practical opportunities to improve profitability and efficiency.
08
Scenario Modelling
Stress-test various financial outcomes and prepare your business for best, worst, and most likely market conditions.
09
Risk Management
Proactively identify, assess, and mitigate financial vulnerabilities to safeguard your company’s assets.
10
Executive Reporting
Empower leadership with high-level financial summaries that cut through the noise and highlight what matters most.
11
Financial Systems
Streamline and automate your accounting processes by implementing scalable, secure, and modern tech stacks.
12
What Results Can You Expect
Better cashflow and fewer surprises
Increased profitability and stronger margins
Greater confidence in decision making
Clear visibility of your business performance
Reduced financial stress and uncertainty
Faster, smarter, and more informed decisions
Industries We Served
Healthcare
Construction
Mining
Hospitality
Retail
Technology
Professional Services
NDIS
Why Businesses Choose Knight
We combine bookkeeping, payroll, and CFO expertise under one roof, giving you a complete finance department that scales with your business.
Bookkeeping Included
One Dedicated Team
Australian Based Team
CFO Advisory
Fixed Monthly Pricing
Xero Specialist
Registered BAS Agent
Payroll Expert
Meet Your Virtual CFO
Founder | Registered BAS Agent | Virtual CFO
Shaun Bist
Knight has provided Virtual CFO and Outsourced CFO services to Australian businesses looking to improve profitability, cash flow and long-term growth for over a decade. Acting as an extension of your leadership team, Knight helps business owners make confident financial decisions through strategic advice, management reporting, budgeting, forecasting and financial planning.
Led by Shaun Bist, a Registered BAS Agent with more than a decade of experience, Knight has worked alongside businesses across retail, healthcare, hospitality, professional services, mining and not-for-profit organisations, delivering practical financial leadership that is normally only available to much larger organisations.
Whether your business needs improved cash flow management, board reporting, KPI reporting, business budgeting, financial forecasting, or ongoing strategic guidance, Knight provides the experience and commercial insight to help you make informed decisions and achieve sustainable growth.
At Knight, we believe great CFOs don’t just prepare reports. They explain what the numbers mean, identify opportunities before they’re missed, reduce financial risk and help business owners build stronger, more profitable businesses.
Ready to Gain Financial Clarity?
Discover how a Virtual CFO can help your business improve profitability, strengthen cash flow and support sustainable growth.
No startup costs / No lock-in / Flat fee
Answers before you ask
Frequently asked questions
What does a Virtual CFO actually do?
A Virtual Chief Financial Officer (CFO) provides strategic financial guidance to help your business improve profitability, manage cashflow, prepare budgets and forecasts, monitor key performance indicators and make informed business decisions. Unlike a full-time CFO, you receive senior financial expertise on a flexible basis without the overhead of employing an executive full-time.
What’s the difference between a Bookkeeper, an Accountant and a CFO?
A Bookkeeper manages day-to-day financial records and payroll. An Accountant focuses on tax, compliance and financial statements. A Virtual CFO looks ahead by helping you improve performance, manage cashflow, build budgets, analyse profitability and develop long-term business strategy.
Does my business need a Virtual CFO if I already have an accountant?
Yes. Your accountant focuses primarily on compliance and tax obligations, while your Virtual CFO helps interpret your financial information, identify opportunities, improve decision-making and support business growth throughout the year.
When should I consider hiring a Virtual CFO?
If your business is growing, experiencing cashflow challenges, planning expansion, seeking finance or simply needs better financial visibility, a Virtual CFO can provide the strategic leadership needed to support your next stage of growth.
How often will I meet with my Virtual CFO?
Most clients meet monthly, although fortnightly or weekly meetings can be arranged for businesses experiencing rapid growth, significant change or major projects.
Can you work with my existing accountant and bookkeeper?
Absolutely. We regularly collaborate with accountants, tax advisers and internal finance teams to ensure every aspect of your financial management works together.
What industries do you work with?
We support businesses across healthcare, retail, construction, hospitality, mining, professional services, technology, NDIS providers and not-for-profit organisations, tailoring our advice to each industry.
How much does a Virtual CFO cost?
Our services are tailored to your business needs. A Virtual CFO provides access to experienced financial leadership for a fraction of the cost of employing a full-time CFO, with flexible engagement options.
Can a Virtual CFO help improve cashflow?
Yes. Cashflow management is one of the core responsibilities of a Virtual CFO. We develop forecasts, monitor working capital, identify cash constraints and implement strategies that improve liquidity and financial stability.
What reports will I receive each month?
Depending on your engagement, you may receive management reports, KPI dashboards, budget versus actual reporting, cashflow forecasts, profitability analysis and executive summaries that help you make informed decisions.
Can you help prepare my business for finance, investment or expansion?
Yes. We assist businesses with budgeting, forecasting, financial modelling, lender reporting, investor reporting and strategic planning so you can approach growth opportunities with confidence.
Why choose Knight as your Virtual CFO?
KNIGHT combines bookkeeping, payroll, management reporting and Virtual CFO expertise under one roof. Our Australian-based team provides practical financial advice, transparent reporting and strategic guidance that grows with your business.
