Outsourced Controllership

Companies of any size require expert financial management to plan, report and analyze the performance of the business. Given the ever-changing business environment and accounting requirements, it can be hard to find the right resources to satisfy all your finance and accounting demands.

With Breakwater as your strategic financial reporting partner, your organization will gain access to highly skilled expertise on an “as-needed” basis.

Our solutions are focused on providing complex financial reporting support to executive management and providing support for business managers in making informed operational and strategic decisions. We provide the time and resources to improve your financial reporting, so you can focus on the business.

We assist executives who desire a full service accounting function, but do not have the need or budget to recruit full-time accountants who possess the mix of skills and experience required. Our services supplement your current internal accounting function, to provide the additional support that your business needs.

Our team of experienced advisors provide the following services:

Consolidated Financial Reporting and Period End Review:

  •   Preparation and/or review of general ledger reconciliations and audit files
  •   Financial statement review and financial accounting guidance to staff
  •   MD&A and financial statement preparation
  •   Assistance with CSA/SEC regulatory filings

Management Reporting, Planning and Analysis:

  •   KPI and management reporting design, delivery and analysis:
    • Marketing, sales, production, inventory, labour, job and project reporting
    • Develop spreadsheet tools, templates and reports for financial and non-financial requirements
  • Cash flow projections
  • Business planning, budgeting and forecasting
  • Financial modeling and projections, project evaluations

Transaction Processing:

  •   Transaction processing and supervision of accounts receivable, payable, payroll, general ledger reconciliations and GST/PST compliance

Accounting System Implementation:

  •   Project management
  •   Business case development and system selection
  •   System design requirements
  •   Implementation support
  •   System testing support (interface/transactional/user)
  •   User training