Virtual CFO
Fractional CFO
A senior finance lead who works your numbers on a part-time basis for a Hong Kong company: monthly reviews, board packs, a second opinion before a big decision, and enough advance notice ahead of the annual statutory audit that nothing lands as a surprise.
13-week cash forecast
Illustrative client · August 2026
HKD
- Cash today
- HK$244,220
- Lowest week ahead
- 239,800
- Largest outflow
- Payroll, 46,300
Illustrative. An example of the document, not a client's figures.
A finance lead who already understands Hong Kong's rules
Most Hong Kong SMEs and startups are too lean to justify a full-time CFO, yet they still face an annual statutory audit with no small-company exemption, a Mandatory Provident Fund obligation on every eligible employee, and a tax system that taxes Hong Kong-sourced profits but not profits genuinely earned offshore. A fractional CFO who has not worked those rules before ends up learning them on your file, at your expense.
What the monthly relationship covers
A standing review call each month covers cash, margin and the variances that actually moved, using the ledger your bookkeeping team already closed in Xero, QuickBooks Online or Zoho Books. Board packs are built for whoever you answer to, whether that is a Cyberport or HKSTP incubation panel, private investors, or a parent company overseas. Pricing, hiring and MPF-related payroll decisions get a second look before you commit, and there is a named lead to call rather than a rotating desk.
Getting ready for the audit, not surprised by it
Because every active Hong Kong company needs its accounts audited each year by a Hong Kong registered auditor, a fractional CFO here works with one eye on what that auditor will ask for: is intercompany activity documented, are related-party balances reconciled, is the territorial-tax position on any offshore income clearly supported. None of that replaces the auditor's own opinion. It means the auditor's questions get shorter answers instead of a scramble.
Alongside your existing team
This sits above the day-to-day close, whether we run that close or your existing bookkeeper does, and above the audit itself, which always stays with your appointed Hong Kong registered auditor.
Questions
Frequently asked questions: Fractional CFO
How is this different from the registered auditor we already use?
Your registered auditor issues the annual statutory opinion required under the Companies Ordinance. A fractional CFO works month to month on cash, margin and decisions, and prepares the numbers so that annual audit has less to chase down.
Do you handle MPF and payroll decisions as part of this?
We review payroll and MPF cost as part of the monthly numbers and flag anything worth a second look, though running payroll itself sits with your payroll platform or provider.
Can a fractional CFO help with a Cyberport or HKSTP board update?
Yes. Board packs are built to whatever format your incubator, investor or parent company expects, using numbers tied directly to your closed books.
How many hours a month does this usually take?
Engagements typically start with one standing monthly review plus questions in between calls. Scope is agreed up front and can flex as the business grows or a specific deadline, such as the audit, approaches.
Can the arrangement scale up to more hours if the business grows?
Yes. The monthly hours and deliverables are reviewed with you periodically and adjusted as the business changes, rather than fixed permanently at whatever level made sense on day one of the original engagement letter.
How is this different from a bookkeeper?
A bookkeeper records what already happened. A fractional CFO uses those records to help you decide what happens next: pricing, hiring, cash timing, fundraising.
How many hours a month does this take?
You can start with a standing monthly review plus ad hoc questions between calls. The scope is agreed up front and can flex with your stage.
Do you replace my controller or accountant?
No. A fractional CFO sits above the day-to-day close and works alongside whoever keeps your books, whether that is us or your existing team.
What is included in fractional CFO?
Fractional CFO covers monthly finance review call covering cash, margin and the month's variances and a rolling cash position and runway view. The exact scope is agreed and set out in writing before work starts, so you know precisely what is and is not covered before the first deliverable arrives.
Related services
- Virtual CFOFP&AOngoing financial planning and analysis: budget-to-actual tracking, margin and cost analysis, and the monthly pack that explains why the numbers moved.
- Virtual CFOBudgetingAn annual budget built from your real numbers, broken out by month and department, that becomes the baseline every later report is measured against.
- Virtual CFOKPI designA short list of the numbers that actually run your business, defined once and tracked consistently, instead of a dashboard nobody opens.
Industries
- Startups and VC-backed companiesBookkeeping and reporting for early-stage, venture-backed companies watching burn, runway and investor reporting closely.
- SaaSBookkeeping and reporting for subscription software businesses tracking recurring revenue, deferred revenue and burn.
- Ecommerce (Amazon and Shopify)Bookkeeping for online sellers on Amazon, Shopify, Etsy and their own storefronts, built around clean payout and sales tax data.
Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.