Fractional Controller

Beyond day-to-day financial management, fractional controllers can provide valuable strategic insights. They can assist with budgeting, forecasting, cash flow and financial planning, helping businesses make informed decisions and achieve their financial goals. Their objective perspective can be particularly beneficial for identifying opportunities for growth and cost optimization.

Fractional Controllers can prepare the financial reports you need, when you need them. They can prepare your Balance Sheets, Income Statements, Cash Flow Statements as well as Dashboards, Key Performance indicators and Variance Analysis. They calculate your financial ratios, break-even points, and bench-mark you against your industry. Most importantly, they can help you understand what all of this information means for you.

Fractional controllers bring a wealth of expertise to the table. They have a proven track record of financial management and are well-versed in best practices for financial reporting, analysis, and compliance. This level of expertise is readily available when you need it, without the long-term commitment of hiring a full-time executive.

A fractional controller can help strengthen your company’s financial controls and processes. They can assess and enhance your accounting systems, implement financial policies and procedures, and ensure compliance with regulatory requirements. This not only reduces the risk of financial errors but also enhances the overall financial health of the organization.

Fractional controllership is scalable, meaning you can adjust the level of service based on your company’s needs. Whether you require a few hours of support per week or a more extensive engagement during critical periods, fractional controllers can adapt to your evolving requirements. 

Hiring a Controller to perform the financial and administrative functions of the business, frees up the business owner so they can focus on other value-enhancing aspects of the business. 

You, the small business owner, are an expert at what you do.  So too, are Controllers. 

Controllers are designated professional accountants who have specialized expertise working in industry (as opposed to the accountants who choose a path in audit and taxes).  

By basing key business decisions on relevant and accurate financial information, the business owner can avoid costly mistakes and reduce the risk of loss. Key decisions include those about financing the business, expansion or downsizing, whether to enter a new market or produce a new product; make or buy decisions, and capital investments, to name a few. 

Fractional controllers are cost-effective and can be engaged on an as-needed basis, allowing companies to allocate their financial resources more efficiently.