Services

Outsourced Finance Department

The in-house finance team you always wanted, at a fraction of the price.

Most growing businesses reach a point where a bookkeeper isn't enough - but a full-time Finance Director or CFO isn't yet justified. Dakoda Consult bridges that gap, providing a complete, senior-level finance function for your business without the permanent overhead.

Free Consultation

How We Help

We embed ourselves in your business, managing the day-to-day running of your finances while providing the strategic insight and commercial analysis you need to grow. Think of us as your Finance Director, Financial Controller, and finance team - available when you need us, scaling with you as you grow.

Our outsourced finance model is particularly well-suited to owner-managed businesses and SMEs who want the discipline and visibility of a proper in-house finance function without committing to the full-time salary cost. You get senior expertise, consistent reporting, and a trusted partner who understands your business.

Whether you need a few days a month or a near-full-time engagement, we tailor our involvement entirely around your requirements. We work alongside your existing team, integrate with your current systems, and deliver at the level your business needs right now.

What's Included

Financial Controller Services

Oversight of your accounting function, month-end close, balance sheet reconciliations, and financial integrity. We ensure your numbers are accurate, timely, and meaningful.

CFO Advisory

Strategic financial leadership without the full-time cost. We advise on capital structure, investment decisions, fundraising, and long-term financial strategy.

Month-End Close Management

Structured, timely month-end processes that deliver management accounts you can act on - usually within a week of period close.

Financial Process Design

Design and implementation of finance processes, approval workflows, and controls that scale with your business and reduce risk.

Team Training & Support

Upskilling your internal team - from finance assistants to department heads - so everyone understands the numbers that matter to their function.

Frequently Asked Questions

What is an outsourced finance department?

An outsourced finance department provides your business with a senior-level finance function - including financial controller and CFO-level support - on a flexible, part-time basis. Rather than hiring a full-time Finance Director (typically £80,000–£150,000+ per year), you engage an outsourced team that provides the same quality of work at a fraction of the cost.

How is an outsourced CFO different from an accountant?

An accountant primarily handles compliance work - preparing accounts, filing tax returns, and bookkeeping. An outsourced CFO works at a strategic level: advising on business decisions, managing cash flow, preparing board-level reporting, and helping you plan for growth or exit. Dakoda Consult provides both.

Is an outsourced finance director right for my business?

If your business is growing and you're making increasingly complex financial decisions without senior finance expertise to guide them, an outsourced Finance Director is almost certainly right for you. It's ideal for businesses with turnover from around £500k upwards, particularly those without an in-house finance team beyond basic bookkeeping.

How much does an outsourced finance department cost?

Fees are entirely bespoke to your requirements. Because we don't carry the overhead of a full-time salary, pension, NI contributions, or benefits, you typically get significantly more senior expertise for substantially less than the equivalent full-time hire. Contact us for a free consultation and we'll provide a tailored proposal.

Do you work with businesses outside London?

Yes. While Dakoda Consult is based in the UK, we work with businesses across the country. Much of our engagement can be managed remotely, with on-site visits arranged as required.

Talk to us about your finance function.

Contact us today for a free, no-obligation consultation. We'll listen to your needs and explain exactly how we can help.