As your business grows, bookkeeping alone may not deliver the forward looking insight you need. An outsourced financial controller bridges the gap by tightening controls, elevating reporting and establishing cashflow tools to enable you to make informed decisions, without the full time cost of employing an accountant.
Triggers that say “it’s time”
- Messy month ends: Late or error prone closes, unexplained variances, having no confidence that the figures you are looking at are correct.
- Cashflow strain: No 13 week cashflow forecast; last minute BAS stress; struggling to make superannuation payments, unexpected cash requirements leaving you short.
- Scaling pains: New locations and/or capital investments, staff growth, or changes in your industry from outside pressures.
- Investor/banker pressure: External requirement for timely board packs, KPI’s & banking covenant obligations.
What an Outsourced Financial Controller actually does
- Controls & cadence: Establishes monthly close, reconciliations, ensure segregation of duties, oversight of finance department.
- Reporting you will use: Bespoke financial reporting, Financial KPI dashboards, variance commentary
- Compliance backbone: Ensures statutory obligations are on time and accurate.
- Planning & risk: Rolling forecasts, scenario modelling, and risk registers.
The Return On Investment (beyond dollars)
- Fewer late lodgements and penalties with ATO and regulators, saving time and stress.
- Cleaner data equals better decisions, tighter pricing, and improved cash conversion.
- Foundational governance that scales (a plus with lenders and partners).
Roadmap to get started
- Diagnostic: Understand your business dynamics & drivers. Health check covering financial performance & stability, balance sheet strength, compliance & controls & systems & processes.
- 90-day plan: Stabilise and implement improvements, identify risks & opportunities & produce useful reporting packs.
- Monthly rhythm: Establish a tight month end closing timetable, deliver timely & accurate financial reporting pack, and track KPIs.
- Quarterly strategy: Forecasts, banking covenant reporting, and identify opportunities for improvement for the financial health of the business.
Why Nimblebiz
We combine bookkeeping plus Financial Controller support under one roof, so your analytics sit on clean, reconciled data. Engage us for a bespoke designed Financial Controller plan, then scale up or down as you grow, knowing you have the backing of a dedicated professional team.