Definition: A Controller, or Financial Controller, or Financial Control Officer (FCO) is an expert in a business who oversees accounting and the implementation and monitoring of internal controls. A controller or financial controller is an executive level, senior position, reporting to a CFO in companies that have one.
In a smaller to mid-sized business, the controller is in charge of finance, accounting, bookkeeping, transaction processing, information management, information technology where it relates to finances, human resources, tax planning and much more. If the company has an internal bookkeeper or accountant, the controller supervises their activities while remaining hands-on with all the above responsibilities. Finally, there’s the relationships with bankers, lawyers, accountants and other business professionals that the controller is in charge of maintaining and acting as a liason.
Bottom line? If you’re going to do the controller job, you had better like hats, because you will certainly be wearing a lot of them! What? You don’t have time to do this AND grow your business? Don’t worry – that’s where we come in.
Not Just Accounting has real-world experience performing these exact services, but we’re set up to help you avoid paying the hefty salary it costs to keep a qualified controller on staff full-time. We’ll help you solve the financial management issues so you can refocus on what’s important in your business – generating revenue and the bigger picture.
By entrusting us with your Controller function, you’ll be able to use resources as needed, without the need for a salary or other unnecessary overhead costs. Our services will streamline your businesses financial back office and keep it running like a well-oiled machine.
How we can help
- Overseeing your accounts department
- Budgeting, forecasting and projections
- Financial and Management accounts
- Auditor assistance
- Control of debtors and creditors
- Monthly financial close
- Assistance with complex accounting issues
- Review of back office and accounting staff work
- Compilation report services
- Assessment and improvement of financial processes and internal controls
- Dashboards, key metric benchmarking and trend analysis
- Accounting software selection and implementation
Does this sound like a financial dream to you? Let’s make your dream a reality. Contact us today to schedule a complimentary meeting with our founder, Shaumit Saglani to see how we can help.