Financial leadership should be accessible.

Virtual CFO was founded in 2019 to give startups and SMEs access to experienced financial professionals, practical advice and support that scales with them, at a fraction of the cost of a full-time CFO.

Founded: 2019
Head office: The GrEEK Campus West, 6th of October, Giza
Markets: Egypt and Saudi Arabia
Team: More than 50 finance professionals
Clients: More than 300 companies
Funding raised by clients: More than $20M
Engagements: 2 to 35 hours a week

Ahmed Farouk, founder and CEO of Virtual CFO — Ahmed Farouk, MBA. Founder and CEO.

A letter from our founder

Dear valued clients and partners,

I am excited to share our journey and commitment to redefining financial consulting in Egypt. Since our inception in 2019, we have worked to give businesses the expertise they need to thrive, particularly through our Virtual CFO services. This model gives access to experienced financial professionals at a fraction of the cost of a full-time CFO, so that every business, regardless of size, can benefit from high-level financial guidance.

Our mission is to become the foremost financial consulting firm in the region, distinguished by our solutions and our dedication to our clients. Each business is unique, and we tailor our services to the specific needs of startups and small and medium-sized enterprises.

At Virtual CFO, we believe genuine collaboration is the cornerstone of success. Our team works in a culture of innovation, teamwork and continuous learning, which lets us respond quickly to our clients’ changing needs. We see challenges as opportunities and take a proactive approach to positioning our clients for success.

Integrity, respect and excellence are the principles that shape our interactions and decisions. We are committed to the highest ethical standards, so that your trust in us is well placed.

As we move forward, I invite you to join us. Together, we can navigate the complexities of the financial landscape and build a brighter future for your business.

Thank you for choosing Virtual CFO as your trusted partner.

Warm regards,

Ahmed Farouk Founder and CEO, Virtual CFO Consulting

Our vision

To lead the market through excellence in financial consulting and services.

Our mission

To empower startups and small and medium-sized enterprises in Egypt with financial consulting tailored to their needs. We deliver bookkeeping, business planning, investment support and tax compliance through a skilled team of CFOs and finance professionals.

We hold ourselves to the highest standards of respect, integrity and confidentiality. By putting clients first, we help them build sustainable success and give them the financial tools they need for long-term growth.

How a Virtual CFO works

Accessible expertise

A Virtual CFO carries out all the duties of a traditional CFO, but works remotely and part-time. You get an experienced financial professional at a fraction of the cost of a full-time hire, who is there whenever you need them.
Flexible engagement

Depending on your size and stage, you can increase or decrease the engagement at any time. Ongoing retainers range from two to thirty-five hours a week, which keeps your CFO budget variable and low.
The full range of finance work

Fundraising, business plans, systems and processes, budgeting, health checks, due diligence, cash flow, cost management, tax planning, exit strategy, investor relations and turnaround management, delivered by CFOs, controllers, finance directors and analysts.

When you might use a Virtual CFO

When you think your company should be more profitable.
When your accounting system doesn’t provide timely, accurate data for reporting and decisions.
When you need an experienced sounding board for discussing ideas.
When you spend too much of your own time on accounting and financial management.
When you need meaningful financial analysis.
When you are not sure which factors matter most for growth and profitability.
When the business is growing without a growth plan.
When you are considering selling the company and want your financial house in order.
When you need outside financing but have no bank relationships.
When you need financial projections and “what if” scenarios.
When you need an incentive compensation program that improves performance and reduces turnover.
When your policies, procedures and internal controls seem loose.
When your finance team needs assistance and training.
When you want to identify the risks and opportunities of a potential investment.

Experienced people behind the numbers

Ahmed Farouk, MBA
Founder and CEO
More than 30 years in audit and corporate finance, from Arthur Andersen, Coopers & Lybrand and Deloitte to senior finance roles at listed Egyptian companies.
Mohamed Badra
Head of advisory services
19 years in finance and investment. Manages major advisory projects and investment rounds, and leads our expansion into Saudi Arabia.
Mohamed Hakim
Finance director
18 years in strategic financial planning, budgeting and team leadership, with senior roles in telecom, oil and gas, and services.
Mohamed Sharkawy
Senior finance manager
More than 25 years in financial management and ERP implementation, including senior finance roles at Arabian Oud in Saudi Arabia.
Saad Samir
Senior manager, business planning
27 years in financial planning, budgeting and reporting, including key roles at Raya and i2 (Itsalat International).
Ahmed Al Abd
Business development manager, ERP and HRMS
More than 20 years leading ERP sales and support, customer success and CRM across Egypt and the Gulf.
Hany Galal
Group marketing manager
Leads marketing for Virtual CFO and the wider Virtual CxO group.