A security services firm needed an interim financial controller to stabilize operations, alleviate pressing reporting pressure and impending audit requirements.
- The company’s corporate controller was terminated leaving the company’s accounting and administrative functions without a competent lead
- The year-end audit was expected to be difficult. The company required assistance with audit preparedness.
- A newly implemented front-end sales system needed to be integrated with the accounting system.
- The company’s board appointed ERG as interim corporate controller
- Conducted comprehensive assessment of the company’s administrative and controller functions
- Implemented internal controls and best practices
- Coordinated the integration of the front-end sales and accounting systems
- Met with auditors to address known issues, audit information requirements, responsibility assignments, audit milestones and timelines
- Managed the company’s administrative and finance functions
- Oversaw independent audit of financial statements
ERG successfully led the administration and corporate controller functions and managed the day-to-day operations of the company for a nine-month period including the overseeing of the year-end close and independent audit. Administrative, accounting, and financial reporting functions were streamlined, and the system of internal accounting controls strengthened. Accounting policies and technical accounting processes were formally documented.