At Sakura, we offer a tailored Virtual Finance Director service to meet your business requirements. As an SME grows and expands in terms of size, staff numbers and complexity of business activities, there will become a requirement to add a senior and experienced finance professional to the management team to take responsibility for issues involving the finance, IT and/or human resources issues.
Typically, outside of the core technical and financial responsibilities, the role primarily revolves around the following:
For growing SME’s, this role may initially take the form of a part time role at a senior or board level, where the business only requires this at present, or alternatively and ahead of recruiting a full time role, it may be more sensible to ‘test’ the role through engaging a third party in the short term.
Develop and Grow Your Business
With our Virtual Finance Director (VFD) service you get an experienced senior finance professional working with you, operating as a ‘virtual’ member of your business, for an agreed fixed monthly cost or retainer.
In this way, you get access to a senior financial resource to help transform business performance, but without the expense, time and risk involved with recruiting and employing a Finance Director (FD) or Chief Financial Officer (CFO) on a full time salary.
With typical senior finance roles for an SME requiring an annual salary of anything from €70,000 to €150,000, along with search and recruitment fees e.g. circa 25% of the starting salary, in addition to the management time involved in the whole process, our VFD service offers a cost effective and low risk way of initiating this change.
Our VFD service can take a number of forms, depending on your requirements including: