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CFO & Controllership Services

How outsourcing your CFO can reshape your finance function.

The right senior-level financial resources at the right time

Maintaining a fully in-house finance team is not always the most efficient approach. More organizations are choosing outsourced CFO services for agile and specialized financial guidance. Our fractional CFOs and controllers apply insights to your business shaped from a wide range of industry and client experience. The flexibility of our service allows you to adjust and scale support as your needs evolve.

BDO's CFO & Controllership Services help organizations of all sizes and industries navigate transitions, challenges, and unexpected opportunities with seasoned leadership. Whether you need to fill a short-term talent gap, or ongoing support, our part-time controllers and CFOs provide you with the agility you need to be cost effective. We do this with a consistent collaborative approach, ensuring that services match the unique needs of each client and leverage existing capacity, as appropriate.

Our delivery model provides both virtual and hybrid resources across Canada, giving you access to top talent as you require it. Our financial professionals assist with all operational and planning services, including:

  • Strategic support for financial planning & analysis (FP&A)
  • Robust cash management and cash optimization processes
  • Financial stewardship and implementing controls over company assets
  • Financial stewardship and implementing controls over company assets
  • Enhance decision making acumen of owners, founders and CEOs with application of financial tools (break even analysis, project profitability, estimating to optimize pricing, contribution margin analysis, resource optimization)
  • Bank and stakeholder negotiations

When to hire a fractional CFO

We help our clients address the unique needs of their finance function, based on their organization's situation.

As a business trying to grow and thrive, you may often feel overwhelmed by the ongoing challenges of financial planning and regulatory compliance.

If you are an international company faced with rapidly changing legislation and regulatory requirements, our services can help you ensure compliance through leveraging the use of our local and global expertise in a cost-effective manner.

You could be a large parent company that just purchased another entity and now need guidance on executing an effective integration of that entity and new financial reporting requirements.

If you are a private equity firm, CFO and controllership services may evolve with your portfolio of companies, and/or be mandated as part of the purchase.

As a private lender or a bank preparing to lend to a potential new client, let us conduct a finance function assessment to help provide comfort they will be able to comply with interim reporting requirements and covenants.

If you are in the scale-up phase of development, you may need a more mature finance department but just don't have it right now.

You could be a small or mid-sized private company that is embarking on a digital transformation journey and your current finance leader just doesn’t have the right technical know-how.

Comprehensive CFO & Controllership Services for your business

Featured insights and solutions for CFO & Controllership Services

Resources to support your business

Beyond borders: Navigate your Canadian expansion with BDO

Expanding into Canada presents challenges, but with BDO as your trusted advisor, you have a team by your side to navigate the intricacies of regulations, tax credits, accounting practices, and every step of your Canadian expansion journey.

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The surprising ways a CFO helps founders raise capital

CFOs play an important role in helping your tech company raise capital throughout the fundraising journey— from the moment the founders consider an equity investment to the second all parties sign documents and beyond.

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Our CFO & Controllership Service is in your industry

Reliable information and guidance to manage evolving regulations, new business models, and emerging technology trends to stay ahead of the curve.

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Solutions to address key challenges and complex issues—including labour shortages, government regulation, and economic volatility—to help you stay competitive.

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Applying innovation—including data analytics, machine learning, and robotics—to help your manufacturing business prioritize and tackle the demanding challenges and key concerns.

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Other services you may be looking for

The lean finance departments of today require external support, knowledge, and experience. Whether it's investors, management, or auditors who need accurate financial reporting to make informed decisions, BDO's Accounting Advisory professionals communicate the facts that matter and why they matter, simply and clearly.

Accurate and efficient accounting and bookkeeping are built into the foundation of any successful business. BDO's strategic alliances with best-in-class cloud accounting platforms such as Intuit QuickBooks Online, Microsoft Dynamics 365, and Xero—combined with the knowledge and experience of our advisors—allow us to deliver customized, reliable, and data-driven cloud accounting services you can trust.

Technology continues to change the way you operate your business. Exploring solutions—including integrating cloud software, automation, implementing cybersecurity solutions, harnessing data for business decisions, and innovating your employee experience—requires trusted guidance. Our experienced team is focused on helping you unlock innovation for growth and success.