What services do you provide for companies seeking a Controller?
You may choose from two options:
- Virtual Controller services
- Full-time Controller recruiting
Why do you offer two Controller services options?
Some companies find that they don’t require a full-time Controller at their earliest stages of development. A virtual or part-time Controller, also known as outsourced Controller services, allows companies to lower their financial commitment yet still receive world-class financial support.
How does a virtual Controller communicate with clients?
A virtual Controller may travel to meet clients face-to-face at their office. They might communicate via email. They will teleconference. They sometimes join a company’s instant messaging channel. The modern workplace supports a myriad of work arrangements. A virtual Controller gives companies the flexibility they need in a business climate that defies predictability.
Can you help me select the right option for my company?
Yes, absolutely. We can help you decide whether your organization needs a virtual or full-time Controller. In fact, many of our clients begin the conversation by explaining their needs and then asking us to recommend a path forward: to bring on our virtual, part-time Controller services or recruit a full-time Controller.
How does your service work?
Our process helps ensure that your new Controller arrangement fits your company’s needs, budget, and culture—whether you select a full-time or virtual option. The process comprises two easy steps:
- Scoping — A collaborative exploration of how we can help you now and into the future.
- Onboarding — A transition made easy by discovery meetings, mutually agreed timelines, and prearranged key outputs.
What does a Controller do?
A Controller prepares all of your financial reporting, manages your accounting and financial needs and executes your organization’s financial strategy, protecting your company and helping it grow.
Also known as a Finance Manager, Accounting Manager, Senior Controller, or Director of Finance, the Controller fills a key role in your management team.
The Controller differs from the CFO. Where a CFO is responsible for overall strategy, a Controller takes the lead on the crucial activities of financial reporting, compliance, and complex accounting policies related to accruals, deferrals, and receivables. They help raise financing, explore government incentives, manage and project cash flow, and forecast financial performance. A Controller’s duties depend on the company’s industry and stage of growth.
How will a Controller help my company?
What a Controller does depends on your company’s exact needs. Much depends on your stage of growth. Your Controller will help you:
- Manage cash flow – In a company’s earliest days or when times are tight, a Controller brings exceptional value by calculating expenses versus costs, and recommending ways to address any shortfall.
- Clarify your financial reporting and keep your business on track – A Controller can help your business improve operations and performance by going inside the numbers to provide insight.
- Reduce your risk of fraud – Having a Controller ensures the segregation of duties between spending and reporting, adding a layer of governance to protect your business.
- Ensure regulatory compliance – Tax and financial regulations can be overwhelming. A Controller will help you stay on the right side of both federal and provincial requirements.