Outsourced Controller Services

Combining technical finance, business, people and leadership skills through Outsourced Controller Services

Controllers keep the accounting and finance department running smoothly, overseeing transactional information and preparing reports for c-suite or management team use. An effective controller has developed technical, business and leadership skills. These professionals focus on closing activities and evaluate past transactional data and reporting.  The information gathered at this level starts to become operational and is used by executives, including CFOs, for strategic planning and other purposes.

Many businesses turn to outsourced controller services when:

  • an internal finance professional retires or resigns
  • financial reporting needs are quickly changing
  • new accounting systems are being implemented
  • existing finance processes need improved
  • transactional oversight becomes necessary
  • assistance is needed with internal controls or
  • a full-time financial resource isn’t necessary.

Outsourced controllership services provide the opportunity to quickly address immediate needs while providing the flexibility to address new issues and offering the scalability to grow as needed.

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AN OUTSOURCED CONTROLLER CLIENT’S PERSPECTIVE…

“I have been an Adams Brown client for 45+ years and have always had superior service from wonderful people. I would not have my accounting services done by anyone else.”

Thomas Smith, Overland Park, KS

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Outsourced Controllership Services

Outsourced controllers bring a combination of skills designed to provide the management team with accurate and timely reporting to enhance strategic decision making. Virtual controllers can help an organization with the following:

Accounting operations oversight

  • Period close – management report and analysis
  • Journal entry review and preparation including accruals, write-offs, estimates, etc.
  • Key account reconciliation
  • Account receivable and payable monitoring
  • Inventory calculations
  • Calculation and management of prepaid expenses
Financial reporting, dashboards and analysis

  • Financial reporting
  • Profit and loss (P&L) analysis
  • Profitability reports
  • Cash-to-GAAP conversion of financial statements
  • Cost allocations
  • Management and oversight of accounts receivable and accounts payable
  • Calculation of key performance indicators (KPIs)
Cash flow management

  • Cash flow projections
  • Debt amortization schedules
Collaboration with other key stakeholders

  • Coordination with external stakeholders including bankers, lawyers, and vendors
  • Coordination with internal owners, management, and CFO

 

No matter your unique situation, an outsourced controller quickly integrates to provide immediate value for you, your business and your stakeholders. Fill out the form on this page to get the conversation started.

Fractional Controller Services for Targeted Industries