Prosperity Advisers ramps up virtual CFO capability

Prosperity Advisers ramps up virtual CFO capability

Pressure on business owner operators and not-for-profits has led to a spike in demand for outsourced services, said Prosperity Business Services Director, Megan Smith.

Business owners are increasingly searching for ways to make their systems and processes more efficient and reliable while creating more time for themselves and their teams to concentrate on the core business functions like production, sales and people management.

Prosperity has appointed Jessica Cole to lead their expanded Virtual CFO and Bookkeeping initiative.

Jessica previously worked in Prosperity’s Business Services and Tax team where she implemented process improvement initiatives that delivered great outcomes for clients.

Most recently, she has worked with DSI Underground (a large manufacturing business) where she started as a Financial Accountant and then progressed to Commercial Manager. She implemented process improvements in the DSI business that have had international recognition for their outcomes. Additionally, she was recognised as the winner of the 2017 Hunter Manufacturing Rising Star Award.

Jessica said she is looking forward to the challenge of further developing this already established platform, covering bookkeeping, payroll and salary packaging which will now be broadened to encompass CFO and system improvement services.

“I am excited to be part of the Prosperity team, a firm that is progressive and innovative in its thinking and approach to clients and its people,” Jessica said.

Prosperity Advisers Director, Megan Smith said Jessica’s experience will be of great benefit to the business’ clients.

“Jessica’s appointment reflects the firm’s drive to assist our clients and others to remain competitive in an increasingly challenging business environment and is an exciting move for the expanding business services division,” Megan said.

“Jessica’s impressive experience and knowledge will be a great asset for our clients, and will serve to strengthen and broaden our advisory capability in this specialist area. It is also great to see an alumni return to Prosperity, which is a reflection of our people, our clients and our innovative culture.”

IMAGE | Jessica Cole will lead Prosperity Advisers’ expanded Virtual CFO and Bookkeeping initiative.

Prosperity Advisers Group

Through more than 25 years of successful operation, Prosperity Advisers Group has drawn on the varied technical expertise, industry experience and the resources of its diverse teams to support clients to understand and then achieve their financial goals.

With more than 150 staff across locations in Sydney, Newcastle and Brisbane, Prosperity delivers services in business advice and accounting; taxation; corporate assurance; wealth management; and employee benefits and services.

Prosperity works with individual and family investors, small, medium and large privately owned or family businesses, entrepreneurs, small and mid-cap ASX listed companies, government agencies, state-owned corporations and not for profit groups. 

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