Controller Services
Are your financial records in disarray? Do you feel the need for more proactive management of your accounts? Are you uncertain about the accuracy, timeliness, and up-to-dateness of your financial reports?
If your answer is yes to any of these questions, our controller services could be the solution you’re looking for. We take charge of all accounting-related activities in your company, providing you with the assurance that everything is being handled correctly.
Roles And Responsibilities Of Financial Controllers
Financial controllers oversee the accounting and financial record-keeping activities of a company. Their primary focus is on ensuring the accuracy of recorded data, timely completion of tasks, and adherence to controls and regulations. They identify discrepancies, investigate their causes, and work towards resolving issues. Additionally, controllers hold teams accountable for upholding policies and procedures.
Typical responsibilities of controllers include:
- Overseeing the company’s accounting
- Implementing and ensuring compliance with internal controls
- Ensuring compliance in financial reporting
- Establishing and executing new processes
- Financial strategizing and guiding the company
- Acting as an audit liaison
- Minimizing financial risk
- Managing cash flow
- Identifying cost savings
- Mentoring financial staff
- Preparing operating budgets
- Collecting, analyzing, and consolidating financial data
- Managing transaction reporting
- Handling payroll-related duties
- And more
The specific functions of controllers may vary based on the size and complexity of the business and industry. In addition to financial expertise, controllers must possess excellent soft skills such as leadership, charisma, and the ability to cultivate interpersonal relationships with the team.
Is A Controller The Same As A CFO?
While both controllers and CFOs are leaders in a company’s financial operations, they are distinct roles. In smaller companies, these roles may be performed by the same person.
A controller primarily focuses on accounting processes, internal reporting, implementing controls, and managing financial accuracy. In contrast, a CFO utilizes the controller’s work to concentrate on larger-scale company financing projects, with a more significant presence in external tasks such as working with investors or managing mergers and acquisitions.
Why Outsource The Controller Function?
Controllers play a crucial role in managing a company’s financial reporting and risks. Outsourcing the controller function allows businesses to gain confidence in their decisions, cut costs, and benefit from knowledge. For smaller companies looking to grow, outsourcing controller services provides the advantages of a full-time controller at a more affordable and flexible rate.
Outsourced controllers guide and oversee the accounting team, offering confidence that finances are in capable hands. GSR, with over 20 years of experience working as controllers, provides this service, ensuring financial stability and growth for your business.
When Is It Time To Hire Controller Services?
Consider hiring CPA for controller services when:
- Your reporting lacks a clear, insightful picture.
- Errors and inefficiencies exist in accounting tasks and data entry.
- You only have a surface-level view of your company’s finances.
- Your financial systems aren’t keeping pace with business growth.
- You question the validity and reliability of your financial data.
Golub, Senitt, Rosenberg & Co. addresses these issues through controller services, providing confidence in your accounting and financial systems that grow with your business.
Effective Controller Services In Los Angeles From GSR
With over 20 years of experience as controllers and fractional CFOs across various industries, Golub, Senitt, Rosenberg & Co. takes pride in helping clients grow their businesses with timely, accurate, and high-quality work. We build long-term relationships, emphasizing timeliness and responsiveness. Our extensive experience enables us to understand the unique needs of each client, ensuring their success.
Contact us today to learn more about our controller services and how we can help you rest assured that your finances are being taken care of properly.