Outsourced Controller Services
Running a business takes a lot of your time which makes it easy to get bogged down in low priority activities. creating a business plan will keep the company focused on its goals increasing profits.
An outsourced controller is a financial expert who helps keep your books up-to-date and provides financial reporting and information in a timely manner.
You might do not need a controller for the full time, but it is important for the business analysis to have a controller involved into your business who will provide you with the accurate and reliable financial information that you can make a business decision.
List of some responsibilities that we are taken :
Accounting
- Inventory and Work In Process (WIP)
- Bank reconciliation
- Reconcile CRA accounts
- Prepaid Expenses and Deferred Revenue
- Accrued Expenses, Accrued Payroll
- Payroll, Bonuses
- Internal Controls
- Accounting Rules and Regulations Compliance
- Resolving any issue with CRA
Financial Management
- Financial & regulatory compliance
- Financial reports preparation
- Payroll, Bonuses
- Tax preparation and Tax Planning
- Cash Flow Management
- Budgeting and forecasting
- Job costing
Analyses
- Customer /sales Reports, expense analysis,
- Accounts Receivable and Accounts Payable,
- Shareholders involvement,
- Profitability Analysis, Net Worth
- Customer /sales Reports, expense analysis,
- Accounts Receivable and Accounts Payable
- Other reports that we will develop for your business
Preparing financial analyses, we are comparing actual vs. budgeting with the explanations and suggestions to correct negative variances and connect financial results to operational finding the gaps and ways for the improvements.
The information can be prepared on a weekly, monthly, quarterly, and annual bases that will depend on client needs
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Saved: 12.01.2021
