The Business Controller oversees the business and financial operations of an institution and shares responsibility for the organization’s economic and financial performance. They perform financial analysis, develop financial planning processes and design and implement overall business plans.
Typical roles of controlling are:
- Shaping business and project objectives
- Business Unit and Project KPIs
- Budgets and Forecasts at Unit and Project levels
- Margin Analysis and Results Analysis
Typical roles of controlling are:
Our outsourced controller services are specifically designed to suit the exact needs of growing businesses. With a focus on businesses with a minimum of $1 million in annual revenue (and scaling to much higher), our controllers are responsible for overseeing all client accounts, providing timely insights and financial advice, and carrying out proactive account management, a standard of excellence at BBATC.
All BBATC Controllers are Chartered Accountants with extensive experience in financial management and controller services. They oversee all work completed by our full-time bookkeepers, close client books on a monthly or quarterly basis and provide consultations on a wide variety of client matters.
A sample of some of the specific tasks our Controllers are responsible for:
- Management of accounting and bookkeeping processes
- Budgeting and forecasting
- Cash flow management and projections
- Accounting documentation, including processes, procedures and operations manuals
- Job costing and inventory tracking
- Key metric benchmarking
- Third party accounting software selection and implementation
- Reporting and oversight of month-end closings
- Audit preparation and advisory service
- Management of accounting and bookkeeping processes
Client Specific Needs Such As:
Inventory, Capital Assets, Prepaid Expenses, Accrued Expenses, Accrued Payroll, Deferred Revenue, Work In Process (WIP), Compensation Programs (salary and incentive), Bonus and Commission Plan Design Assistance, Cash Management, Accounting System Establishing and Maintaining, Internal Controls Establishing and Managing, Assistance with Forecasting, Customer Analysis Reports, Major Expense Analysis, Accounts Receivable and Accounts Payable Management, Shareholder Presentation Preparation, Manager Training for Understanding and Interpreting Financial Reports, Assistance with Product Pricing Decisions, Profitability Analysis for Products and Divisions, Capital Budget Monitoring, Special Report Preparation for Investors, Accounting Rules and Regulations Compliance, Trend Tracking & Profitability Analysis, Financial Trend Analysis and Compliance.
Project control is the process of providing project management services such as scheduling, cost control, and progress reports. Our project control specialists work with project managers and clients on complex and challenging projects with expertise in earned value monitoring, critical path scheduling, risk analysis/mitigation, contract management, construction claims, key performance indicators/trend charts, software tool analysis, resource forecasting, document management and change control.
Providing solutions in:
Schedule Management
- Critical path schedule baseline and updates
- Resource-loaded schedules for decision-making and communication
- What-if analyses
Cost Control and Budgeting
- Procurement process optimization
- Cost planning and forecasting
- Earned value management
- Key performance indicators and trend charts
Risk Analysis and Management
- Risk assessment, analysis and mitigation
- Risk brainstorming and ranking
Construction-Claim Analysis and Litigation Support
- Preliminary analysis of claims
- Detailed forensic schedule and cost analysis
- Preparation of expert reports for arbitration or litigation
Project Review Process
Project Cash Flows