Bookkeeping, Accounting & CFO Services in Portsmouth, VA
Portsmouth ship repair contractors, marine suppliers and logistics firms on the Elizabeth River can count on PSG for compliance ready books and focused CFO guidance.
Portsmouth ship repair contractors, marine suppliers and logistics firms on the Elizabeth River can count on PSG for compliance ready books and focused CFO guidance.
Portsmouth is an independent city in Hampton Roads, set on the Elizabeth River across from Norfolk. Norfolk Naval Shipyard, despite its name, sits in Portsmouth and drives a large ship repair and defense contracting economy, supported by welders, fabricators, engineering firms and marine suppliers. Port of Virginia terminals move containers through the city, fueling logistics and trucking, while Naval Medical Center Portsmouth anchors healthcare and Olde Towne hosts restaurants, shops and professional offices.
Ship repair contractors and defense suppliers in Portsmouth need contract level cost accounting, disciplined timekeeping and books that support government compliance, while logistics firms track costs by load and customer. Hospitality and retail businesses in Olde Towne manage payroll and margins. PSG keeps books reconciled every month, builds reporting by contract, job or customer, and offers fractional CFO guidance on indirect rates, cash flow and financing.
Virginia levies state income and corporate income taxes and a sales tax with regional variations, and many localities impose a gross receipts based business license tax along with business personal property tax.
General information only, not tax advice. Rules change, so confirm specifics with a tax professional.
Yes. We work with Portsmouth companies through a dedicated team that is entirely US based, combining Big Four accounting experience with years of operating experience across industries. Your team closes the books on a regular schedule, works inside the accounting tools you already use and looks at your numbers the way an operator would, not just a bookkeeper.
Typically bank and card reconciliations, accounts payable and receivable, payroll support, Virginia sales tax tracking and monthly financial statements you can act on. Growing companies can add fractional CFO support for forecasting, budgeting and cash planning.
Usually when decisions start to outgrow the books: raising capital or bank financing, opening a new location, making key hires, tightening margins or preparing for a future sale. A fractional CFO adds forecasting and strategic guidance without the cost of a full time executive.
We also work with businesses in Norfolk, Chesapeake, Newport News, Hampton and Suffolk.
.gif)
.gif)
.gif)
“If you want to sleep better at night, hire Phoenix Strategy Group.”
“PSG and David Metzler structured an extraordinary M&A deal during a very chaotic period in our business, and I couldn't be more pleased with our partnership.”
“PSG saved my dream. They helped us get our financials in order and renegotiate our lending agreements, pulling us through a tough financial crunch.”
“As our fractional CFO, they accomplished more in six months than our last two full-time CFOs combined. If you're looking for unparalleled financial strategy and integration, hiring PSG is one of the best decisions you can make.”
“Hire PSG if you want to make your life easier and have accurate data.”
“As a home service business owner, understanding complex financials and Unit Economics always seemed overwhelming—until we started working with Phoenix Strategy Group.”
240+
Portfolio Companies
$200m+
Raised over the Last 12 Months
100+
M&As Transacted
5+
IPOs
Hi! I'm Sam, a financial leader who's managed operations from startups to $40M enterprises.
I've led licensing deals with Disney, Marvel, and Viacom, while overseeing products across 35,000 retail stores. Through SHK Financial, I've helped 15+ high-growth companies succeed, including recovering $2M in receivables for a major client and rebuilding a $10M ARR company's accounting system in 6 months. Now, as Chief Accounting Officer at PSG, I oversee 50+ revenue streams and help launch many successful 8-figure businesses.
My journey started uniquely - while studying finance at Fresno State, I taught both chess and accounting to students, teaching me that success in finance, like in chess, is all about strategic thinking and seeing several moves ahead.