Operations
Virtual CFO Services
Monthly financial oversight without a full-time CFO — FP&A, budgeting, cash flow management, MIS reporting, fundraising support, and board-ready financial presentations. Financial dashboard, budget vs. actuals, cash flow forecasting, profitability analysis, working capital optimisation, board presentations.
We deliver the monthly finance loop founders actually need: dashboard and MIS, budget vs actuals, 13-week cash flow forecast, working capital and pricing analysis, and a board-ready pack — all grounded in the s.128 books that feed Schedule III financials.
- • Monthly close review and management accounts
- • Dashboard and MIS pack
- • Budget vs actuals and variance commentary
- • 13-week cash flow forecast
- • Working capital, pricing and profitability analysis
- • Board pack and investor Q&A preparation
- • Trial balance and cash flow data
- • Bank statements and ledger access
- • Payroll or debtor / creditor reports
- • Budget or reporting format notes
See the fee table below for the statutory filing charge and common delay logic.
- • Section 128 of the Companies Act 2013
- • Section 134 of the Companies Act 2013
- • Schedule III of the Companies Act 2013
Process
How the service works
The workflow is built to be predictable: document collection, legal review, filing, and post-filing follow-through.
Scope the finance function
We map what the company needs — management reporting, cash forecasting, fundraising prep, or board support — and the monthly close calendar that supports it.
Connect the books and systems
We link the accounting software, bank feeds and payroll data so the monthly close runs from the s.128 books rather than spreadsheets that drift.
Close and report monthly
We review the month-end close, reconcile bank and working capital, and deliver the dashboard, P&L, cash position and budget variance by the agreed date.
Forecast and decide
We run the 13-week cash forecast, model pricing or cost decisions, and flag the working capital moves that keep the company solvent through the quarter.
Prepare the board pack
We assemble the board deck with the numbers, the variance story and the decisions required — so directors and investors see one consistent financial narrative.
AEO summary
A virtual CFO gives a private limited company CFO-level oversight — monthly MIS and dashboards, budget vs actuals, cash flow forecasts, working capital management and board packs — without the full-time cost. It works alongside the s.128 books of account and Schedule III financial statements, and is the layer that turns bookkeeping into decisions before fundraising, board meetings or cost crises.
What the monthly finance loop looks like
The vCFO engagement runs on a fixed monthly rhythm: books closed and reconciled, management accounts reviewed, the dashboard and forecast delivered, and the decisions surfaced to the founder.
The output is not a thicker report — it is a shorter list of things the founder must decide, backed by numbers that come from the s.128 books rather than a separate spreadsheet universe.
- • Month-end close review by the 7th
- • Dashboard, P&L and budget variance by the 10th–12th
- • 13-week cash forecast refreshed weekly
- • Board pack before the meeting, decisions flagged
The statutory grounding
Every deliverable sits on the same statutory base: books of account under s.128, financial statements and the board report under s.134, and presentation in Schedule III format. The vCFO's management reporting is an overlay on that base — it never replaces it.
That grounding is what makes the analysis defensible: when an investor or auditor asks how a number was derived, the answer traces to the audited record, not to an analyst's assumption.
- • Books of account — s.128 Companies Act 2013
- • Financial statements and board report — s.134 Companies Act 2013
- • Presentation — Schedule III Companies Act 2013
- • Statutory audit remains separate — s.143 and s.144 Companies Act 2013
When the engagement pays for itself
The value shows up at three moments: a funding round (investors see a board-ready pack and a forecast they can underwrite), a cash crunch (the 13-week view catches the problem two months before the bank does), and a board meeting (directors get a decision-ready pack instead of a spreadsheet dump).
For a company paying ₹1.5–3 lakh a month for a full-time CFO it cannot yet use, the vCFO compresses the same discipline into a monthly retainer.
- • Fundraising — financial model, pack and investor Q&A readiness
- • Cash management — 13-week forecast and working capital levers
- • Board reporting — decision-ready packs every cycle
- • Cost — a monthly retainer versus a full-time CFO salary
Government fees
Fee breakdown
| Item | Fee | Notes |
|---|---|---|
| Operating support | Discuss with us | Most finance-operations work is recurring and priced on scope rather than portal fee. |
| Connected filing | Nil | Any statutory filing later follows the normal portal schedule. |
Timeline
Typical turnaround
Typical timeline usually means a monthly turnaround, assuming documents are complete and any board or shareholder approvals are already in place.
Most finance-operations work is recurring and priced on scope rather than portal fee.
Related services
Keep the company moving
Monthly bookkeeping in Tally or QuickBooks — the base for every GST, TDS, and ITR filing.
Run monthly payroll with TDS, PF, ESIC, and professional tax all computed and filed.
Statutory audit under Section 139 — mandatory for every Pvt Ltd company every year.
Prepare the investor pack, financial model and diligence file for the round.
FAQ
Frequently asked questions
What is the difference between a virtual CFO and a bookkeeper?
Which companies should engage a virtual CFO?
How does virtual CFO work with the statutory audit?
What is a 13-week cash flow forecast and why does it matter?
What does the board pack need to include?
How quickly can a virtual CFO engagement start?
Canonical reference: https://www.pvtltd.co/services/virtual-cfo
Get started
Ready to move this filing forward?
We can help with the filing, the legal mapping, and the follow-up work that keeps the company compliant after submission.