Clockwork Financial Services

Time Dedicated To You

Acct/CFO/Controller

Sarbanes-Oxley

Report Development

Budgeting/Planning

Cash Management

Staff Mentoring

Privacy Policy

Do you spend too much time supervising your accounting functions?

Or do you desire high-level financial expertise and critical reports, but cannot justify a full-time CFO or Controller?

Do any of these issues ring true for you?

You don’t feel that you can rely on the financial reports you receive
You have no one capable of filling in if the financial person doesn’t come in tomorrow
Closing and reporting on last month’s financial activity takes too long
You have increasing requirements for accounting personnel, but insufficient funds to staff multiple positions
You spend too much time fighting financial fires

If any of these frustrations impact your organization, let Clockwork help you. Our menu of services includes:

Outsourced accounting, Controller or CFO services
Sarbanes-Oxley compliance
Financial reporting and report design
Budget and plan preparation
Cash management facilitation
Financial personnel development/mentoring
Other services

Outsourced accounting, Controller or CFO services – getting the right person in the right position is essential. Most businesses cannot afford an executive spending too much time supervising accounting functions, yet you still need insightful, accurate information. We can help you evaluate your needs and serve as your interim accountant, controller or CFO, providing:

Bookkeeper/Data Entry support

Recording cash receipts and checks written

Sales and purchase orders

Accountant/Accounting Manager

Reconcile checkbook activity

Provide monthly financial statements

Monitor accounts receivable and accounts payable

Supervise bookkeeping & data entry functions

Controller

Design procedures and system reports

Handle reporting requirements with the bank

Manage cash flow needs

Oversee customer management/credit policies

Prepare the annual operating plan

Communicate financial results to owners

Chief Financial Officer

Design and work to obtain the proper financing

Communicate key performance indicators and trends

Evaluate equity transactions and owner equity protection

Assist with long-term strategic planning and owner exit strategies

Sarbanes-Oxley compliance – in today’s business environment, the need for confidence has never been greater. We offer the first hand SOX experience which will provide you with cost effective service without headaches. Working independently or with your auditors, Clockwork can provide the following:

Assist with documentation (narrative and flow charts) of the Company’s internal controls.
Develop a plan to test the Company’s internal controls.
Perform the tests of the Company’s internal controls and assist management with its assessment of the controls.

Financial reporting and report design – we develop custom financial reports to help you manage your organization. While this typically consists of a balance sheet and an income statement, we develop custom tools unique to your company to help you manage your needs and business, including operating information for critical decision-making.

Budget and plan preparation – we lead you through preparation of a budget and assist you in using your budget as a decision-making tool – a roadmap for the current year. Monthly operating reviews keep you accountable for variations from the budget. We also work with organizations and their team members to understand and track their budgets effectively.

Cash management facilitation – we help structure a cash flow report to assist with operational, investing and financing decisions. We assist clients in meeting with bankers to negotiate and implement financing, and help you monitor cash flow regularly to ensure you accomplish your business objectives.

Financial personnel development/mentoring - do you have a strong financial person that needs to be developed to meet the new challenges in your business? We help mentor and develop higher skill levels within your existing financial team. And we provide those skills while your financial team is learning.

Other services - managing receivables and vendor relations are key to an organization’s success, and vigilance and communication are the keys. We will help you anticipate and manage cash-flow problems, and can assist you in developing customer and vendor contact programs to implement mutually beneficial payment plans.