Controller
Many people, even business owners, are not familiar with the work of a Controller. This little-known job title is actually one of the most important roles in many companies since they are responsible for managing all of the accounting functions. That means that they oversee processes and analyze the financial data to make sure that the company is always operating on solid ground.
Many finance teams consists of finance professionals such as bookkeepers, accounts payable managers, accounts receivable managers, and possibly an accountant. A Controller, in that situation, would then manage this team and monitor cash flow. They’d also communicate with management (typically a CFO) and make sure that the executive team always knows where the business stands.
In a smaller business, a controller can be responsible for all those activities on their own.
Do you need a controller?
In many small companies, the business owner takes the role of the controller. Either they manage all of the financial tasks or attempt to oversee their hired accountant and address more complex financial decisions on their own.
This setup often works for many small businesses. However, there are many situations where you’d want to hire a professional controller.
A controller can help you:
- Understand the impact of major financial decisions, such as buying property or taking out a loan.
- Access more up-to-date financial information than you’re able to pull yourself.
- Complete regular accounting functions – freeing up time to focus on the part of your business where you excel.
- Understand local tax laws and other financial regulations to help keep your business running correctly while ensuring your bottom line.
A great Controller is an asset to businesses of any size. They can provide up-to-date information on the financial status of your business as well as suggestions on how to become even more financially successful. With a knowledgeable controller, you never have to wonder about cash flow or how your business is doing financially – they make sure that you always have the answers to those questions at the tip of your fingers.
Take control of your business
If your San Antonio business is growing, but not quite ready to hire a full-time Controller, an outsourced Controller like me can be a great fit. As your financial expert, we would review your accounting functions, to ensure you are in compliance with San Antonio tax laws, help your processes run more efficiently, and provide oversight to your accountant or accounts receivable and payable managers. With modern technology, we’re able to do most of this work remotely, saving us both time and money.
Hiring a controller to work just a few hours a week can help you be confident that you’re meeting your financial benchmarks and complying with the law.
In larger companies, a finance team, led by a controller, manages the books and provides financial analysis. In small companies, these roles often overlap leaving one person with a lot of work. Many times, that person is also the business owner! Let us help with the financials so that you can focus on other key aspects of your business.
Whether you need a specific role filled, or an expert to lead an existing team, We offer a variety of services to help your small business thrive. Hire us to work as a full-time bookkeeper and part-time Controller, or have us provide expertise in all roles a few hours a week. We can provide any combination of services that work for your company and your needs. Give us a call today, and let’s get started figuring out how we can best serve your growing San Antonio business.