Sure, your bookkeeping requirements are being taken care of, but business is growing and it’s difficult to manage all aspects all the time. Contact us to understand the financial management of your company.
Maybe you had a Controller but are debating whether to refill the position in this tough economy. Whatever your situation is, let one of our experienced controllers work for you.
We are based in Medicine Hat, but our network of Controllers can be placed or utilized anywhere in Canada. We’re just an email, phone call, or Skype chat away.
Timely financial reporting is the key to knowing how your business is doing. A Controller is expected to provide this while providing oversight of key accounting functions. Various management accounting tools can provide further tracking and improvement of these functions. Most of all, a Controller will be your go-to person to solve any unusual or non-routine problem in your business.
We are dedicated to your company. Hiring a full-time controller comes at a significant cost and in in addition to financial resources, involves the human resource aspect of hiring and managing additional staff.
If you are unsure if your existing accounting software is really meeting your needs, we can review your requirements and help you transition your existing software to a more suitable and user-friendly program.
While your accountant will generally keep you updated on information on tax compliance, there are a lot of other changes going on around you. Sometimes it’s hard to know what you need to pay attention to and what changes will not impact your business. Whether its tax legislation or guidelines specific to your industry, a Controller will be responsible for keeping you informed and ensuring your business is ready to make any changes as needed.
We will review monthly bank reconciliations, ensure that they are completed in a timely manner, and that reconciliation reports are properly filed. Also that you have access to your online banking which is critical to ensure timely adherence to your reporting schedule.
An accurate asset listing should be in place and reviewed with management on a regular basis.
A capitalization and procurement policy will be made and followed based on business type and needs.
We will review invoicing and collections to optimize your cash flow. This includes ensuring that an aged receivable listing is reviewed weekly and that payments are deposited and recorded as soon as they are received.
The processing of accounts payable should also be done in a timely manner, and properly filed with support, whether paper or digital. We will ensure the timely reporting of and payments to CRA for payroll, GST, and corporate tax accounts, also reconciling these balances to CRA e-services.
We work with the payroll terms dictated by your company as well as ensure remittance to the CRA in a timely manner. A new hire package will also be provided to ensure new staff are integrated quickly into your payroll.