Client Profile

Issue

A large manufacturer initially needed assistance with cost accounting, but on the first day that CBIZ began to provide this service, the controller resigned from the company. The company faced an urgent need to fill this critical hole in its accounting team, and CBIZ quickly shifted gears to assume the position of outsourced controller.

Solution

As the company sought a permanent replacement, CBIZ handled all controller responsibilities in the interim, including monthly close and reconciling accounts. Our team created and calculated key performance indicators to help management better understand the company’s current financial position, providing actionable data to make improvements. We also built internal financial statements and a management package for this publicly traded company and assisted with the preparation of public filings. Within a few months, the company had found a permanent controller and CBIZ transferred all duties seamlessly.