Outsourced Controller/CFO

Planning and control are two important management functions that must be put in place by the management of any organization. The Controller/CFO or managerial accountant is primarily responsible for these functions. Such functions includes historical data such as prices of materials, wages paid to employees, rent on leased facilities or equipment, costs of fringe benefits and taxes. Controllers/CFO also prepare performance reports that assist management in controlling their operations. They provide reports about the probable effects of proposed actions like estimated profit that is likely to result from a successful advertising campaign or buying a new equipment. In today's business climate, many organizations find that:

• To hire a full time Controller/CFO is very expensive (average salary of $110,000/year)
• The benefits, bonuses and payroll expenses of hiring a full-time controller is enormous
• To find a good management accountant is not easy, why?
• Most of the accountants out there are financial and not management accountants.

What can organizations do to reduce their controller's overhead without compromising the need to access the expertise and financial skills they need from a controller? They need a Part-Time Controller/CFO from Accountiviti. Our Controller/CFO can replace your full-time controller and be responsible for the same work-load at an annual contract fee from $24,000 per year, without paying benefits, bonuses and payroll expenses.

Controller Services Overview:

Accountiviti Controller/CFO manages and supervises all our controller's services. They give clients updated advice and help them prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for use by banks, investors, and other third parties. Our controller also prepare cust omized financial reports for internal managerial use. Below are s om e of the descriptions of our controller services:

Accounting Software Selection & Implementation: Need help with accounting software selection and implementation? Our controller will help you select the best software that's right for your company and will train your employees how to use it effectively.

Employees Supervision: Our controller will supervise your in-house accounting department employees or our assigned accountant to make sure that your books are kept accurately and according to GAAP.

Monthly Closing of Accounting Books: Our controller provides Monthly closing of accounting books to maintain the integrity of financial reports already given to the Board/Management. The process includes the c om pilation of Month-End Closing Financial Reports for management usage. We can also provide c om plete financial and business forecasting analysis, including pro-forma projections. We will cust om ize - What If - planning scenarios to help management foresee and plan for unexpected business contingencies.

Cash Flow & Budget Analysis: Our controller offers expert cash flow and budgeting analyses that can help you minimize cost overruns, lost purchase discounts, and un-collectable receivables. Many of our clients state that these value-added services are indispensable.

Pre-Audit Engagement Service: Our controller provides professional c om pilation, review, and audit readiness services to organization of all sizes. We can quickly c om pile your financial records into meaningful GAAP/FASB c om pliance financial statements, offer limited-scope review testing and deliver c om plete pre-audit engagement service to your Auditor/CPA.

What is included in Controller Service Contract

1. Hosting of your QuickBooks and C om pany Data File on Accountiviti Desktop Server in the Data Center
2. One User Secure-Login to Accountiviti Desktop, an Online Outsourcing Platform  
3. One User Secure-Login to Online Cabinet to Upload and Download Documents 24/7 and 365 days a year  
4. Supervision of your in-house Accountant or Accountiviti's assigned Accountant
5. Unlimited Accounting and Software Support by Controller and Data  Center Support Specialists
6. Secure Internet access to your company's data 24/7 and 365 days a year fr om anywhere and at anytime
7. 24/7 and 365 days a year Back-up Service of Accounting Data and Software updates

Click here to order for an Outsourced Controller/CFO right away.