Why should you use Smith Office Solutions as a Part-Time Controller
As a small business owner(s) you probably find yourselves constantly busy and sometimes overwhelmed. Is your company profitable as you would like it to be, if it isn't do you really know what is causing the problems? Many small business owners find themselves doing the bookkeeping. If even the company has a bookkeeper, do they really know what bookkeeper is doing and is correct. A controller is a very important part of a large company. Small companies can not usually afford to hire a controller. According to Accountemps a controller's salary are around $100,000 - $125,000 last year. Part-time controllers are the answer. They may cost a bit more per hour but that is because the need isn't constant, just part-time. A controller is going to have at least a bachelor degree in accounting with other business studies such as marketing, personnel & industrial management, strong computer skills, finance, statistics, inventory, job costing accounting and many more. A controller is going to have experience in business with a possibility of experience in CPA firm(s).
Can this person really add value to your company? Yes, Yes, Yes.
The first job of the controller should be reviewing your financial & operations to see what needs to change.
Then make a plan & a timeline to move your company in the right direction.
They should be able to put that timeline into effect in a short period of time.
They should be able to track the process and the results numerically.
When all systems are working correctly they should be providing reports to management on all levels of the conversion.
As time goes on they should be looking for even better systems that can show cost effectiveness. After all their objective is to protect the assets of the company.
General Duties of a Controller
Prepare accurate and timely financial statements
Assess, design and set up accounting systems to ensure effective and efficient recording of accounting transactions
Evaluate and recommend changes to internal controls
Identify critical success factors and ways to measure them
Monitor adherence to established operating procedures and internal controls
Prepare/review general ledger accounts to ensure the integrity and accuracy of accounts
Manage and perform accounting and month end closing
Assist in analysis of Buy vs. lease decisions
Manage fixed asset accounting and reporting
Manage cash flows, collections and payments
Provide management with financial and operational information vital to the decision-making process including revenue streams, costs and margins
Review and analyze results for operational management
Facilitate management meetings
Hire, train and retain competent accounting staff
Effectively develop and manage accounting staff
Assist with tax functions as well as special projects
Coordinate activities of external auditors
Prepare support schedules for year-end work papers
Perform other assignments as directed
How do we start this process with YOU?
Fill out our Request for Consultationform and one of our experts will contact you to answer any questions you have about this service.
Give Smith Online Solutions a call today, at 503-747-6802, to get a clear view of your business!Smith Online SolutionsBeaverton OR email@example.com