Controllers are in charge of coordinating, planning, and reporting on the financial activities of a large organization. Controllers work for banks, corporations, and government agencies. They set financial policies. Often they are in charge of the accounting, bookkeeping, and auditing departments and sometimes choose the accounting method a company employs. They supervise record keeping and set up controls to ensure efficiency and honesty. All financial reports made within a company go to the controller. The controller reports directly to the president or board of directors of a company or organization. The controller also supervises the financial reports that are sent out of the company. These include annual reports to stockholders, tax returns, and reports to government agencies.

Controllers explain financial policies to people who work in their organizations. They are often responsible for assets and investments. For example, they are in charge of planning purchases of new equipment. Sometimes they borrow money from banks to be used by their companies to build new factories or offices. Controllers also plan budgets. They set limits on the amount of money to be spent by their firms each year.

Many Business with Gross Revenues between $1 million and $15 million need a Controller, however they often don't have enough transactions occurring on a regular basis to warrant a full-time employee. Not only would a full-time Controller cost about $90,000 per year, but often in these situations they would be busy 1 to 2 days per week, with nothing left to do the remainder of the week. At Lueninka Accounting, we provide Controller Services on an hourly basis for those companies with a less than full-time need. Through these services, we work very closely with senior management, and are often confused with other firm employees because of the frequency of our interactions!

Wouldn't it be great to have the expertise of an experienced CPA and Controller working with you on an as needed basis?