OnTrack Accounting | Part Time CFO / Controller Services

Small and medium size businesses often reach a point where they need consistent professional financial advice, but can’t afford a full-time CFO or controller.

If you’re in this position then we have the right solution for you. Our Part-Time CFO / Controller service gives you a professional financial manager who works with you in Mississauga, Oakville and most of the GTA to help guide your business to further success at an affordable cost.

The cost of hiring a full-time CFO can range from $65,000 to over $100,000 per year plus other costs such as bonuses and benefits of course. Our Part-Time CFO / Controller services provides you with experienced support at a small fraction of that cost.

Here’s what you get with our Part-Time CFO / Controller services.

Financial Comprehension

Better understanding of the financial side of your business.
Clearly seeing the hard and true numbers of your business.
Improved decision-making capabilities
Preparation and review of internal financial statements and periodical reports
Review and discuss P & L and Balance sheet with the management
Analyze trends, profit by service or line of product

Better Management

More time to focus on new services, new customers and growing your business.
Manage fixed assets
Profitability analysis by service or product line.
New System implementation
Training and managing your accounting staff.
QuickBooks database conversion and management
Review all general ledger accounts.
Liaison with Banks, Lawyers, Vendors, financial institutions, provincial government bodies, CRA, etc.

More Control

A professional who establishes strong financial controls in your business to reduce employee theft and increase profits.
Less surprises and more control over your money.
Collection policies and procedures
Assist with banking reconciliation
Detect and correct any posting errors by your bookkeeper
Provide cash flow projections and budgets

Future Planning

Budget preparation and progression monitoring.
Assist in defining long-term plans, budgeting and cash management
Hire (assist in hiring), train, oversee and manage accounting staff
Tax saving strategies.
Business Plans.
Cost saving strategies
Develop company’s accounting procedure and SOP manuals