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A finance lead, on a part-time basis

Virtual CFO and advisory

Short answer

A virtual CFO for a Saudi Arabia company brings part-time senior finance judgement to a Riyadh, Jeddah or Dammam business: cash forecasting, budgeting, KPI tracking, investor or lender reporting and support through a raise, a bank facility or a sale, built inside your own QuickBooks Online, Xero or Zoho Books file, contracted through Northlane Solutions Inc..

13-week cash forecast

Illustrative client · August 2026

SAR

Cash today
SAR 244,220
Lowest week ahead
239,800
Largest outflow
Payroll, 46,300
6 weeks ago+7 weeks

Illustrative. An example of the document, not a client's figures.

Finance leadership without a full-time hire

A Saudi startup, family business or MISA-licensed foreign subsidiary usually reaches a point where the owner tracking cash on a spreadsheet stops working, well before the payroll can carry a full-time finance director. Virtual CFO work fills that gap: part-time senior judgement layered on top of books already closed and reconciled, whether in QuickBooks Online, Xero or Zoho Books.

What this covers in practice

The scope ranges from a standing monthly review with a fractional CFO to a single deliverable such as a 13-week cash forecast ahead of a slow Hajj or Ramadan trading period, a budget tied to a Saudisation or GOSI cost increase, or an investor update ahead of a board meeting. A MISA-licensed foreign subsidiary often starts here first, needing a local finance lead who can translate Saudi numbers back to a head office reporting on a different calendar or standard.

Built around the Zakat, VAT and GOSI calendar

A resident capital company here reports Zakat at 2.5% of the Zakat base on the Saudi and GCC ownership share, corporate income tax at 20% on any non-Saudi share, and files both within 120 days of year end. VAT sits at 15%, filed monthly above SAR 40 million in annual taxable supplies and quarterly below it. None of this work is filing those returns; a forecast or budget plans cash for the deadline and the GOSI and WPS payroll cost each month, and the return itself is prepared by our team and filed by the taxpayer or a licensed tax agent.

Where the work is done, and what it is not

Every model and report goes through senior review before it reaches you. This is forward-looking planning and analysis, not bookkeeping, not a Zakat or tax return, and not an audit. Statutory audit stays with a SOCPA-licensed auditor; we build the schedules an auditor or a bank will ask to see, not the opinion itself.

Built on your own numbers

Every forecast and report is built from your actual QuickBooks Online, Xero or Zoho Books data, not a template borrowed from another market. If your books are not yet current, we scope a catch-up first, priced separately and confirmed in writing before ongoing virtual CFO work begins.

Questions

Frequently asked questions: Virtual CFO and advisory

Does a virtual CFO file our Zakat or corporate tax return in Saudi Arabia?

No. We prepare the underlying figures and models a return needs. Filing itself is done by the taxpayer or a ZATCA-licensed tax agent, and representation before ZATCA runs through that licensed agent, never through us directly.

Can a virtual CFO work with a MISA-licensed foreign subsidiary?

Yes. A foreign-owned entity holding a MISA investment licence still needs local cash, budget and board reporting that a head office abroad can read on its own reporting calendar, and that is common work for this service.

What software do you use for Saudi Arabia virtual CFO work?

QuickBooks Online, Xero and Zoho Books are the most common files we build reporting on top of. If you run something else, tell us at onboarding and we confirm support before anything is signed.

Who reviews the numbers before they reach us?

A named team builds each model, and every deliverable is reviewed by a senior reviewer and a corporate CFO before it reaches you, so a forecast or board pack has had a second set of eyes on it.

How does GOSI and Saudisation factor into virtual CFO planning?

GOSI runs at 21.5% combined for a Saudi employee across pension and unemployment branches, against 2% employer-only for a non-Saudi hire, and wages must clear through Mudad under the Wage Protection Program. A budget or headcount plan for a Saudi business has to carry both the cost difference and the payroll timing, not just a flat salary line.

How do we get started with virtual CFO work in Saudi Arabia?

We start with a short review of your current records, software access and Commercial Registration status, then confirm scope and timing in writing before ongoing work begins on an agreed schedule.

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.