OUTSOURCED CONTROLLER
If you have an in-house bookkeeper that is functioning well, but who needs additional oversight by a financial professional, GrowthForce can assign your business an Outsourced Controller. You get the confidence you need while leveraging existing resources.
A controller will look over the shoulder of your in-house staff on a monthly basis. The controller oversees the monthly and quarterly closing process helping ensure high quality financial statements. The staff reviews the original entry performed by your staff. At the end of the month or quarter, GrowthForce can reconcile and update every balance sheet account, including bank accounts and fixed assets and accruals. We'll create workpapers to make sure your business is always audit ready.
We do the month end closings and we can catch mistakes when we reconcile the bank accounts.
This oversight allows you to leverage the skills of your existing staff for your bookkeeping needs.
Services that the controller provides:
We close the books every month
Reconcile every balance sheet account:
- Bank accounts
- Credit cards
- Payroll liabilities
- Sales tax liabilities
- Accounts Payable (A/P), Accounts Receivable (A/R)
- Inter-company accounts
- Loans
- Etc.
We issue financial statements, including internal management reports focused on key performance indicators
Once issued and approved we lock down the month to reduce the risk of fraud and ensure prior period financial statements don't change.
