Senior CA / ex-banker lead
No junior pass-through — your mandate is partner-led, by people who read the numbers the way a credit committee or board will.
Senior CFO bandwidth, in Mumbai.
Virtual CFO Services in Mumbai
Senior CA / ex-banker–led fractional CFO support for promoter-led businesses across Mumbai and the MMR — MIS, treasury, lender management, compliance and fundraising, delivered at a fraction of a full-time CFO’s cost. Run from our Andheri East office at The Summit Business Bay, with a vCFO who owns the numbers month on month — not a consultant who hands over a slide deck and leaves. ₹4,250 Cr+ mobilised across 100+ mandates since 2011.
CA / ex-banker led Andheri East office Serving Mumbai & MMR
A track record since 2011, in numbers
₹4,250 Cr+
Group capital facilitated since 2011₹550 Cr
Largest single facility structured100+
Deals advised end to end20–40 hrs
Structured bandwidth per monthSince 2011
CA / ex-banker, senior on every fileA Virtual CFO is a senior finance leader embedded part-time with operating accountability — built for ₹10–500 Cr revenue companies across Mumbai and the MMR that need CFO-grade judgement on MIS, lender conversations and capital decisions, but don’t yet justify a full-time ₹50 L–1 Cr CFO hire. Unlike an external advisor, the vCFO owns the numbers month on month.
On the ground in Mumbai
Built around how Mumbai businesses actually raise
Mumbai is India’s capital-market and lending hub — the city where most banks, NBFCs, AIFs and rating agencies are headquartered. That proximity is an advantage promoters under-use: deals move faster when your numbers are presented the way a Lower Parel or BKC credit desk wants to read them. The MMR base skews to real estate, BFSI-adjacent services, trading and export houses, media and logistics — capital-hungry, cash-flow-sensitive businesses.
For an MMR promoter that means lease-rental discounting and construction finance against prime assets, structured working capital for trading volumes, and a rating narrative that stands up to the most sophisticated lenders in the country. Our Virtual CFO owns that monthly reporting and lender file from inside the business — turning Mumbai’s lender density into shorter timelines, not just more meetings.
Three ways to engage
Three engagement models — fitted to your stage
Choose the model that fits your stage — from full-stack monthly bandwidth to a fundraise-linked sprint. Fees are indicative and scoped case-by-case on complexity, sector and cadence.
Model Scope Duration Fees range Best for
RetainerMost popular ScopeFull-stack CFO bandwidth — MIS, treasury, lender mgmt., board reporting Duration12+ months Fees range₹75k–2.5 L / month Best for₹50–500 Cr revenue, promoter-led
Project-Based ScopeDefined deliverable — budget overhaul, ERP rollout, audit readiness Duration2–4 months Fees range₹2 L–10 L / project Best forOne-time finance-function fix
Fundraise-Linked ScopePitch pack, financial model, DD support, term-sheet negotiation Duration3–6 months Fees rangeRetainer + success fee Best forDebt or equity raise mandates
Indicative — scoped case-by-case based on complexity, sector and cadence. Every model is led by a senior CA or ex-banker, with a support resource executing under partner oversight. For the full breakdown, see our full Virtual CFO service.
What we own month on month
The finance function, owned — not advised on
From the annual operating plan to the monthly board pack, we run the finance function end to end so the numbers are clean, current and decision-ready every month.
01
FP&A
Annual operating plan, rolling forecasts, variance analysis and scenario planning — the financial spine of the business.
02
Treasury & cash management
Daily cash position, working-capital discipline, forex and short-term deployment — cash watched, not assumed.
03
MIS & board reporting
Monthly MIS pack, KPI dashboards and board-ready financial narratives — clean commentary, not raw Tally dumps. We work on your existing accounting stack — Tally, Zoho or our group’s GST-ready TatvaBooks.
04
Compliance calendar
GST, TDS, ROC, RBI and statutory filings tracked on a managed calendar — nothing slips, nothing surprises.
05
Fundraising support
Pitch decks, financial models, lender presentations and a clean diligence room — built to clear credit committee or investor.
06
Systems & process
ERP scoping, finance SOPs, internal controls and process automation — a finance function that scales with the business.
Why a vCFO earns its keep
CFO-grade judgement, without the full-time cost
A Virtual CFO gives you senior finance leadership, live lender relationships and board-ready reporting — on a structured monthly cadence, with the flexibility to scale up or step back.
Board-ready MIS
A clean monthly pack with KPI commentary and a board-ready narrative — not raw Tally dumps the night before the meeting.
Live lender relationships
Active PSU, private and NBFC connects across Mumbai carried into your mandate — so a refinance or limit enhancement starts warm, not cold.
20–40 hours a month
Structured bandwidth across on-site days, calls and reviews per agreed cadence — senior attention, sized to your stage.
Exit flexible
Month-to-month with 30-day notice after the minimum term — no long lock-ins, scale up or step back as the business shifts.
Confidentiality first
NDA at kick-off; books, models and board papers stay ring-fenced to the named engagement team — nothing leaves the room.
Process
How an engagement runs — from scoping to monthly cadence
A clear path from first scoping call to a steady monthly cadence, with the named partner on the file at every stage.
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Scoping call
1 dayBusiness context, pain points and target outcomes — over video or at our Andheri East office — we map where the finance function stands today.
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Diligence
3–5 daysBooks, systems and people review, with a baseline maturity assessment of the finance function.
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Engagement design
2 daysScope, cadence, deliverables, fees and the lead partner confirmed — locked into a signed engagement letter.
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Kickoff & SOPs
week 1NDA, SOPs, calendars and first-month deliverables scoped out — the engine starts turning.
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Monthly cadence
ongoingMonthly MIS, quarterly reviews and ongoing operating support — the vCFO owns the numbers month on month.
Who we work with & what we need to start
Built for Mumbai promoter-led businesses that have outgrown the books
We work across sectors with ₹10–500 Cr revenue companies in Mumbai and the MMR — and we know exactly what we need to get a finance function clean, current and lender-ready.
Who we work with
CA / ex-banker–led, run from our Andheri East office, serving Mumbai, the MMR, Navi Mumbai and Thane — and pan-India.
What we need to start — onboarding checklist
- Audited financials — last 3 years
- Current trial balance and general ledger export
- Banker statements — last 12 months
- Existing finance SOPs and accounting software access
- Team org chart and finance function headcount
- KYC of company, promoters and directors
Indicative — varies by engagement scope and stage. A mutual NDA is executed before diligence begins.
Why Finnova
Why Mumbai promoters choose Finnova as their Virtual CFO
Four reasons clients hand us the numbers — and keep us on file through fundraise and beyond.
01
Senior, partner-led
No junior pass-through. Your mandate is led by a senior CA or ex-banker you deal with directly — execution sits under partner oversight, never instead of it.
02
Board-ready, not back-office
A clean monthly MIS pack with KPI commentary and a board-ready narrative — finance that informs decisions, not just records them.
03
Lender relationships, carried in
Active PSU, private and NBFC connects across Mumbai come with the mandate — so refinancing, limit enhancements and fundraises start warm.
04
Track record
₹4,250 Cr+ mobilised, ₹550 Cr largest single facility and 100+ deals since 2011 — a finance partner with real market reach.
Consultation
Tell us where the finance function stands
One conversation tells you the right engagement model, the cadence that fits your stage and how fast we can stand up a clean monthly MIS. No pitch — just a straight read from senior people who own numbers for a living. Meet us at our Andheri East office or over video.
WhatsApp us — +91 92702 50116 Call us — +91 92702 50116 (Mumbai) Email — finance@finnovaadvisory.com
120, The Summit Business Bay (Omkar), Marol Metro, Andheri East, Mumbai 400093
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FAQ
Virtual CFO services in Mumbai, answered
Yes. We serve promoter-led businesses across Mumbai and the wider MMR — Andheri, BKC, Lower Parel, Navi Mumbai, Thane and beyond — from our office at The Summit Business Bay, Andheri East. Engagements blend on-site days with video reviews, so geography inside the metro is never a constraint.
Of course. Our Mumbai office is at 120, The Summit Business Bay (Omkar), Marol Metro, Andheri East, Mumbai 400093. We are happy to host scoping and review meetings there, or come to your premises across the MMR for board and lender discussions.
A typical retainer covers monthly MIS and board reporting, FP&A, treasury and cash management, lender and auditor coordination, compliance-calendar oversight and ad-hoc strategic support. Specific scope is agreed upfront and locked into a signed engagement letter.
Every mandate is led by a senior CA or ex-banker — you deal with the named partner directly, not a rotating bench of junior staff. A second support resource handles execution under partner oversight.
Further reading
The virtual CFO question, explained in our Resources
What a virtual CFO costs, when to hire one, and how the fractional model compares to a full-time CFO. For the complete service, see our full Virtual CFO service.