Controllership
Greg Powell
Fractional CFO - I help clients grow their business, create a strategic visions and understand their financial statements.
I’ve often been asked what the role of a CFO is and how I could help in various areas of the business. Here is a brief summary of specific areas of business and what the CFO role entails. I’m always happy to elaborate so feel free to contact me directly.
Controllership
In their role as the organization’s financial controller, the CFO ensures that financial records are accurate, compliant, and transparent. They establish internal controls, oversee audits, and ensure that the financial reporting processes are watertight. A hands-on approach is often required to address complex financial reporting issues, while maintaining oversight over the accounting team.
The CFO’s leadership in controllership helps safeguard the company's assets, maintain investor confidence, and ensure that the organization adheres to regulatory requirements. They provide a critical check on the integrity of financial data and reporting.