At times a small business, not-for-profit organization or unit of local government needs the skill set of an in-house professional accountant. This might happen because of a need to:
- improve the accuracy, efficiency and clarity of financial reports;
- adjust to budget pressures;
- professionalize the financial systems of a growing organization;
- employ an ongoing in-house controller, but only part-time;
- test the need for a full-time controller before making a full-time commitment;
- fill a temporary vacancy;
- relieve the CEO of the time demands of supervising administrative staff; or
- mentor and develop the skills of in-house accounting staff.
Ruth C. Bittner can fill your organization's needs with the following services:
A contract controller works in-house at your location and gets to know your organization well. Services can be provided on a weekly or monthly part-time continuing basis or for special projects. Assignments might include:
- Process accounts receivable, receipts, accounts payable, payroll and other routine transactions.
- Prepare bank reconciliations.
- Analyze and forecast cash flow.
- Perform cost accounting allocations and analyses.
- Prepare and present monthly financial statements.
- Develop computerized spreadsheets for use by in-house staff.
- Supervise and mentor internal administrative staff, including accounting, human resources, facilities, information technology, reception, clerical, mailroom, copy shop and more.
Higher level chief financial officer services include:
- Budget planning, monitoring and analysis.
- Examination of costs and revenues to identify potential savings and enhancements.
- Reduction of annual audit costs through year-round financial systems monitoring, enhanced internal controls, in-house preparation of audit workpapers and draft financial statements in accordance with Generally Accepted Accounting Principles, and serving as the main point of contact with the external audit firm.
- Special projects and analyses.
Systems Analysis and Enhancements
A particular kind of special project involves systems analysis. These engagements are usually performed on a more short-term basis. Systems services include:
- Evaluate existing accounting systems and identify, propose and implement enhancements.
- Perform a critical analysis of workflow processes and identify potential improvements.
- Document internal controls and mitigate internal control deficiencies.
- Write an accounting policies and procedures manual.
- Evaluate the existing general policies and procedures manual and identify, propose and draft enhancements.
- Facilitate development of a business plan.
- Facilitate selection and implementation of new accounting software.
Services for Not-for-Profits
Not-for-profit organizations work in a unique service environment that presents special management challenges and requires the highest level of accountability. Services specific to this sector include:
- Prepare periodic reports for grantors in accordance with their contracts.
- Prepare grant budget proposals.
- Write grant applications.
- Prepare the annual IRS Form 990 informational return.
Contact Ruth today to learn more, at the email address or phone number below.
Ruth C. Bittner: Accounting (309)357-2273 email@example.com 2517 W. Rockwood Ct., Peoria, IL 61604