AAB Launches Bespoke Virtual Finance Function for Growing Businesses

We are delighted to announce the expansion of client services with our new Virtual Finance Function (VFF). The new service will be a vital addition for businesses operating across the island of Ireland, scaling-up for export markets or cross-border. The…

Virtual Finance Function

News31st Jan 2023

We are delighted to announce the expansion of client services with our new Virtual Finance Function (VFF).

The new service will be a vital addition for businesses operating across the island of Ireland, scaling-up for export markets or cross-border.

The Virtual Finance Function offers businesses a cost-effective approach to getting better and easier control of their finances. The specialist support is tailored to the needs of each client from an experienced team with a wide range of expertise supporting businesses across all industries. The cloud-based solution allows business owners and managers to access real-time accounting data providing valuable insight for making strategic business decisions.

For businesses who are challenged with in-house resources in their teams, the Virtual Finance Function at AAB can also offer businesses support with statutory and technical accounting, finance secondments and project support. The full range of specialists are available to support with budgets, forecasting, International Financial Reporting Standards (IFRS) and other framework accounting.

As part of this expansion, we welcome a new Partner to the team. Stephen Smyth has joined the team as Virtual Finance Function Partner and will be leading the Virtual Finance Team across all AAB office locations in Ireland and Northern Ireland.

 

Feargal McCormack, Managing Partner at AAB – Ireland said:

“We are extremely excited about the addition of the Virtual Finance Function as a new client solution to growing business demands. Securing Stephen Smyth, an Irish Chartered Accountant with significant international industry experience from London, Toronto and Ireland, who himself has utilised the Virtual Finance Function, and heads up the new AAB bespoke finance service, is an added bonus.”

Stephen Smyth, Virtual Finance Function Partner at AAB said:

“There are incredible opportunities for us to provide a step-change in accounting data available to business owners across the island of Ireland. Our team gives individual businesses the ability to react to change efficiently as their business evolves.”

Lauren McIlroy, Virtual Finance Function Partner at AAB commented:

“In the last 5 years we have grown the Virtual Finance Function team to thirty specialists dedicated to supporting businesses of all sizes across all industries. The trusted relationships we have with our clients provides an unparalleled insight they can use to inform their business decisions. I can’t wait to develop these relationships with some of the fantastic businesses trading across the island of Ireland.”

For more information on how the Virtual Finance Function could transform your business, contact Stephen Smyth on Stephen.Smyth@aabgroup.com.