Finance Controller Service

Description

Accurate and timely recording of financial transactions 

Soft skills are as important as hard numbers.

The finance controller is a company’s lead accountant. His primary role is to oversee accounting activities and ensure that ledgers accurately reflect money coming in and out of the company. Additional responsibilities include reporting as per applicable laws like the Goods and Services Tax Act or filing returns under the Income Tax Act.

Finance controller services are not limited to the understanding of accounting, but it is more than that. The finance controller should have a good understanding of business and need to be a good communicator.

Responsibilities of a Finance Controller :

• General accounting oversight
• Creating internal policies and expense control
• Preparing and publishing timely monthly financial statements
• Coordinate the preparation of regulatory reporting
• Manage and comply with local, state, and federal government reporting requirements and tax filings
• Setting up and reconciling bank accounts
• Ensuring payment is received from customers and other debtors

The finance controller binds the finance/accounts function to the entire senior management team and is not just limited to the ins and outs of his own department. This means that a financial controller needs strong leadership skills, interpersonal flair and more than a touch of charisma. We at PRANV provides you with experienced professionals having experience in different industries, who help you to achieve the business objective.

The difference between Accounting and controlling :

Accounting is recording a company’s transactions data, whereas Controlling is to ensure data entered is accurate, on time and within the rules set up by the company.