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We assist the function head (Controller, CFO or equivalent) to develop their skills to meet the needs of the business. The guidance and direction of a Controller Coach is invariably welcomed by the incumbent when their hard and soft skills improve.
Where the Controller reports to an executive that does not have extensive experience in managing a finance function, both parties are not aware of the opportunities and skill set available that can transform the Controller from a “bean counter” into a strategic contributor to the executive team, who facilitates the success and growth of the business.
Some of the areas that a Controller should be focusing on are:
- Financial analysis, cost analysis and budget variance reporting and analysis
- Cost reduction
- Providing financial insight to management
- Risk management
- Effective management of the accounting staff, process improvement and how to improve the Accounting Department
- Project management
- Break even and capacity utilization
- Speed up collection of receivables and credit granting policies
- Alternative sources of financing
- Maintenance and monitoring of internal controls
- Improving the service to the business by the Accounting staff with limited resources
- Implementing business growth strategies
Let us help! Contact “Canada’s controller coach,” James Phillipson at 905-731-8255 or James@MastermindSolutions.ca