Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

5 Questions Every CFO Needs to

Ask the Controller

• Identify how to strengthen your company’s internal

controls

• Recognize how to collaborate more effectively up and

down your company’s org chart

• Learn how to improve the performance and strategic

value of your company’s Controller and finance

organization

After attending this event you will be able to:

Learning Objectives

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Welcome to Proformative

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

5 Questions Every CFO Needs to Ask the ControllerJames Orsillo, CFO, Evariant

Ken Bozzini, CFO, Arena Solutions

Mark Gervase, Cloud Financials Strategist, Intacct

Today’s Agenda

• Introductions

• The 5 questions every CFO

needs to ask their Controller

• Summary and additional

resources

Introductions

MARK GERVASECloud Financials Strategist

Intacct

JAMES ORSILLOCFO

Evariant

KEN BOZZINICFO

Arena Solutions

The “Controller”

Whether or not you have a formal “Controller,” someone is acting in that role as the leader of the

transactional accounting functions in your organization. It could be a VP Finance, a CFO, or

your lead accountant.

Question 1

Question to Ask

How many manual journal entries are we making during the close

process? What exceptions are our auditors finding?

Best Practices

Audit difficulties and exceptions should be used as a guide for

areas needing process improvement or automation

Question 2

Question to Ask

Have you reviewed your compliance with local

jurisdictions, especially if you operate internationally? Best Practices

While there may be local compliance responsibilities, some

central review is essential

Question 3

Question to Ask

How long does it take to close the books?

Best Practices

Timeliness of the close process and accounting staff growth

should be used as measures of department efficiency

Question 4

Question to Ask

Show me everythingwe are doing in Excel.

Why are we using Excel? Best Practices

Examine ways to automatemanual or growing processes

Accounting staff should growmore slowly than overall

revenue or business growth

Thank you for your interest in this presentation.

View the on-demand webinar or download the full

presentation at:

www.Proformative.com

5 Questions Every CFO Needs to Ask the

Controller