A Virtual CFO gives your business senior finance leadership on a monthly retainer, without the cost of a full-time hire. Marcken Consulting LLP provides Virtual CFO services to businesses in Delhi NCR and across India — covering monthly MIS, cash flow, budgeting, statutory compliance, fundraising support and valuation. Engagements are led by qualified Chartered Accountants and delivered remotely from our Ahmedabad office.
1. When a business in Delhi needs a Virtual CFO
Most promoters reach the same point. The business is running, an accountant records the transactions, and the annual audit gets done. But month to month, the picture is unclear:
- Revenue is growing, yet nobody can say confidently whether margins are improving
- Cash gets tight without warning, and payments are managed by instinct rather than a forecast
- An investor, a bank, or a government buyer asks for financials and projections, and it takes 3 weeks to assemble them
- Compliance is handled, but only reactively, close to each due date
- There is no monthly number the promoter genuinely trusts
An accountant records what has happened. A Virtual CFO interprets it and tells you what to do next. That is the gap this service fills.
For the fundamentals — what the role covers, typical cost drivers and how it differs from an in-house hire — see What Is a Virtual CFO? Roles, Benefits, and Costs. If you are weighing this against a more narrowly scoped engagement instead, Virtual CFO vs Fractional CFO: Key Differences & Which to Choose sets out where the two genuinely diverge.
2. What is included
2.1 Every month
- Monthly MIS pack — profit and loss, balance sheet and cash flow statement, with written commentary explaining what moved and why
- Cash flow monitoring and short-term forecast — a rolling view of expected inflows and outflows, so shortfalls are visible in advance
- Receivables and payables review — ageing analysis, follow-up priorities, and working capital impact
- Budget versus actual variance analysis — where the business is running ahead of or behind plan, line by line
- Statutory compliance tracking — GST, TDS, ROC and income tax due dates monitored and reported
- Monthly review call with promoters — a structured discussion of the numbers and the decisions arising from them
Compliance tracking runs against the actual filing calendars — GST returns against the GST portal, income tax deadlines against the Income Tax Department portal, and ROC filings against the Ministry of Corporate Affairs portal — not a static due-date list.
2.2 Quarterly or as required
- Annual budgeting and rolling forecasts
- Financial projections and business plans
- Fundraising support — investor decks, data room preparation and due diligence coordination
- Valuation support — share valuation, ESOP valuation and floor price determination
- Banking and working capital support — facility applications, lender documentation and covenant monitoring
- Internal financial controls and process design
Where that need is specifically an ESOP grant, ESOP Consultant in Delhi: A 2026 Guide for Delhi NCR Businesses covers the process in more depth; if you are not yet sure which type of report your transaction actually needs, Which Valuation Report Do You Need? A Decision Guide for Founders and CFOs walks through the decision.
3. Who we work with
Delhi NCR’s business base spans government-facing trade, traditional wholesale markets and a fast-growing startup and services corridor across Gurugram and Noida. The financial priorities differ markedly by sector.
3.1 By sector
- Government contracting, PSU vendors and institutional supply — GeM portal compliance, milestone billing, retention money and EMD tracking
- Trading and wholesale distribution — margin analysis by product line, inventory financing and receivables discipline across Delhi’s traditional trading markets
- Manufacturing and industrial units (Noida, Faridabad, Gurugram) — product-wise costing, working capital cycles and export documentation
- Technology, IT/ITES and SaaS startups (Gurugram–Noida corridor) — investor reporting, burn monitoring, fundraising readiness and cap table support
- Real estate and construction — project-wise costing, milestone revenue recognition and funding phasing
- Media, publishing and advertising — project costing, receivables discipline and revenue recognition across production cycles
- Healthcare and hospitals — regulatory capex planning, inventory control and margin analysis by service line
- Import-export and logistics — customs and export documentation, forex exposure and working capital cycles
- Professional and consulting services — recurring revenue tracking, capacity planning and receivables discipline
3.2 By stage of business
The service is designed to work at different stages of a business:
- Startups and funded companies — investor reporting, burn monitoring, fundraising readiness and cap table support
- Small and medium enterprises — monthly financial discipline, working capital control and banking support
- Family-owned and promoter-driven businesses — structured reporting, governance and succession-related financial planning
- Foreign companies entering India via Delhi NCR — India-entry compliance, financial reporting and governance; where inbound investment or a cross-border transaction is involved, see FEMA Valuation Under RBI Guidelines: 7 Practical Steps for Cross-Border Deals
4. Why Marcken Consulting
4.1 Valuation capability within the same team
This is the part most Virtual CFO providers cannot offer. Marcken Consulting LLP is an IBBI-Registered Valuer (Securities or Financial Assets). Where your business needs a share valuation for an allotment, an ESOP grant, a share transfer or a fundraise, that work is handled inside the same engagement rather than outsourced to a third party who does not know your numbers. For more on when a Registered Valuer is required specifically, see Registered Valuer in Delhi: A 2026 Guide Updated for Recent Regulatory Changes.
Where a transaction also requires a Merchant Banker’s certificate, that certificate is issued by a SEBI-registered Category-I Merchant Banker within the same coordinated engagement.
Valuation requirements in India reflect the law as it stands from 1 April 2026, following the commencement of the Income-tax Act, 2025. Statutory provisions in this area have been subject to recent amendment, including the SEBI (Merchant Bankers) (Amendment) Regulations, 2025. We confirm the applicable requirement and the authorised certifying professional at the date of each engagement.
4.2 Qualified professionals, named and accountable
Engagements are led by qualified Chartered Accountants, working alongside CA Murli Chandak, an IBBI-Registered Valuer (Securities or Financial Assets). You know who is working on your file and you speak to them directly, rather than to an account manager.
4.3 Practical compliance grounding
The firm’s regular practice covers GST compliance and advisory, concurrent audit and statutory certification. Compliance is not a bolt-on to the Virtual CFO service; it is core to what the team does daily. For more on how this plays out for GST specifically, see GST Consultant in Delhi: Head Office Compliance, Government Contracts and NCR Trading.
Not sure whether you need a Virtual CFO yet?
A 30-minute conversation is usually enough to tell. We will look at your current reporting and tell you honestly whether this service would add value at your stage, or whether it is premature.
5. How the engagement works
Step 1 — Initial discussion. A no-charge 30-minute call to understand your business, your current finance setup and what is missing.
Step 2 — Scope proposal. A written proposal setting out exactly which of the deliverables in section 2 apply to you, the reporting calendar and the fee.
Step 3 — Onboarding. Access to your books and records, a review of the current position, and agreement on the reporting formats.
Step 4 — Monthly cycle. MIS pack delivered on an agreed date each month, followed by the review call.
Fees depend on the scope agreed, the size of the business and the transaction volume. We will quote a fixed monthly retainer after the initial discussion, with no variable billing.
6. Serving Delhi NCR remotely
Marcken Consulting operates from Ahmedabad and serves clients across India, including Delhi, Gurugram and Noida, on the same basis as Mumbai, Bengaluru, Ahmedabad and Chennai. Virtual CFO work is by its nature remote — reporting, review calls and document exchange all happen digitally. Where an in-person meeting is warranted, it can be arranged.
7. Frequently asked questions
What is a Virtual CFO?
A Virtual CFO is a senior finance professional who provides financial leadership to a business on a part-time or retainer basis, rather than as a full-time employee. The role covers financial reporting, cash flow management, budgeting, compliance oversight and strategic advice.
How is a Virtual CFO different from an accountant?
An accountant records and reports what has already happened. A Virtual CFO interprets that information, forecasts what is coming, and advises on the decisions that follow.
Do you have an office in Delhi?
No. Marcken Consulting operates from Ahmedabad and serves Delhi NCR clients — including Gurugram and Noida — remotely. Virtual CFO work is delivered digitally, with in-person meetings arranged where needed.
What does a Virtual CFO cost?
Fees depend on the agreed scope, business size and transaction volume. We quote a fixed monthly retainer following an initial discussion.
Can you also handle our share valuation?
Yes. Marcken Consulting LLP is an IBBI-Registered Valuer (Securities or Financial Assets), so share valuation, ESOP valuation and floor price determination can be handled within the same engagement.
Can a Virtual CFO handle GeM portal and government-vendor reporting?
Yes. Where a Delhi-based business supplies to government departments or PSUs through GeM or direct tender, the Virtual CFO service covers milestone billing, retention tracking and the reporting discipline these buyers typically require.
Is there a minimum engagement period?
This is agreed in the scope proposal. Most engagements run on a rolling monthly basis after an initial settling-in period.
8. Get started
If you would like to discuss whether a Virtual CFO engagement suits your business, we offer a no-charge 30-minute consultation with no obligation.
Marcken Consulting LLP | CA Murli Chandak — IBBI-Registered Valuer (Securities or Financial Assets)
Website: marckenconsulting.com
Phone: +91 99980 59923 / +91 99985 39902
Email: crm@marckenconsulting.com
