Design meaningful content and format of monthly Financial Reporting Package
Conduct month-end closing, create journal entries and generate reporting package
Add commentary on results plus comparison to the forecast and analysis of variances found
Acceleration of Cash Flow
Streamline time reporting, shipment, and billing processes to tighten the cash-to-cash cycle
Develop credit policies to reduce risk of Bad Debt
Implement daily collection procedures to identifycustomer issues early and promote timely payment of invoices
Audit-Ready Accounting Processes
Produce a detailed Accounting Operations Manual
Review manual with audit and CPA firms to assure acceptance for external testing and tax preparation
Employ the manual as the primary training and reference tool for all subordinate staff
Timely Production of Custom Dashboard
Create and maintain weekly dashboard of key financial indicators for management (which may include: Cash, Bookings, Billings, Cost of Sales, A/R Days, and near-term payables)
Monitor cash balance against invested funds and available lines of credit
Reliable Forecast of Results
Create and maintain an Annual Budget and dynamic forecast model
Tie forecast to accounting system Chart of Accounts for continuity and ease of recording actual results
Interact with all functional managers in expense management and forecasting
Develop Internal Staff
Train and supervise current staff to the extent they contribute to the finance and accounting process
Provide transactional support as needed to manage fluctuations in clerical workload, bridge staff turnover, and contribute to special projects
Delegate accounting activities to the most effective staff level and build in control points to insure adequate review and early error detection
Customized Presentations
for Management, Creditors, & Board
Design content and format of relevant information used by management in running the company
Produce presentation materials, overhead slides, and waterfall charts as required by the Board of Directors
Comply with timing and content of all covenant reporting as dictated by creditor agreements
