Outsourced CFO Services for Growing Canadian Businesses
Fractional, part-time CFO leadership for Toronto and Canadian businesses. Cash flow forecasting, budgets, KPIs and lender-ready reporting for owners who have outgrown basic bookkeeping.
A Part-Time CFO for the Decisions That Shape Your Business
There is a stage where good bookkeeping is no longer enough. You are hiring, signing larger contracts, talking to the bank about a line of credit, or wondering why a profitable year left so little cash. Those questions need someone who can turn the numbers into a plan. A full-time CFO is usually more than a company your size can justify.
Our outsourced CFO services give you that expertise on a fractional basis, for a set number of hours each month. We build a rolling cash flow forecast and an annual budget, set up a short list of KPIs that matter for your business, and meet with you monthly to review results against plan. When you need financing, we prepare the projections and reporting package your lender will ask for.
This fractional CFO work sits on top of clean books, so it pairs naturally with our bookkeeping and financial reporting services. Owner-managers also lean on us for tax planning, such as how to pay yourself.
What Our Outsourced CFO Services Include
We shape each engagement around where your business is and the decisions in front of you.
How an Outsourced CFO Engagement Works
Assessment
We review your financials, systems and goals and agree on the two or three priorities that matter most.
Foundation
We clean up reporting if needed, then build the forecast, budget and KPI dashboard.
Monthly Cadence
Each month you get a results review, forecast update and recommendations.
Key Decisions
We are on hand for financing, hiring, pricing and other big decisions as they come up.
Why Business Owners Choose Targeted Accounting
- CPA-led team: every file is reviewed by an accounting manager, not just a junior bookkeeper
- Cloud-first: QuickBooks Online, Xero, Wagepoint, Hubdoc, Dext and Plooto
- Based in downtown Toronto, serving businesses across Canada remotely
- One team for bookkeeping, payroll, tax and advisory, so nothing falls between providers
- Clear monthly deadlines and a named contact who knows your file
Frequently Asked Questions
In practice they mean the same thing: an experienced finance leader who works for your business part-time instead of as a full-time employee. “Outsourced CFO” stresses that the role sits with an outside firm; “fractional CFO” stresses that you buy a fraction of a CFO’s time. Our engagements are both: a set number of hours each month, delivered by our team.
An outsourced CFO turns your bookkeeping into decisions: a rolling cash flow forecast, an annual budget, a short list of KPIs, monthly results reviews, and the projections and reporting package a lender or investor will ask for. You get strategic financial guidance at a fraction of the cost of a full-time CFO.
Common triggers include rapid growth, cash flow pressure despite profits, preparing for bank financing or investment, planning a major hire or expansion, and an owner who spends too much time in the numbers instead of running the business.
A bookkeeper records what has already happened. An outsourced CFO uses that information to plan what happens next, through forecasts, budgets, KPIs and decision support. Many clients use both, with our bookkeeping team keeping the books current.
Yes. Our outsourced CFO engagements run remotely through cloud accounting and video meetings, so we work with businesses across Canada. In-person meetings are available in Toronto.
Fees depend on scope and the hours needed each month. We agree on a fixed monthly fee after the assessment, so there are no surprise invoices. It is a fraction of the salary, benefits and recruiting cost of a full-time CFO.
CONTACT US TODAY!
Bookkeeping, payroll, tax and CFO support from one CPA-led team, with your books kept accurate and your filings on time
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What Our Clients Say
