Your business has grown beyond basic bookkeeping.

Financial reporting is becoming more complex. Your accounting team needs oversight. Month-end close takes too long. Management needs better financial information.

But you may not need—or want—the cost of hiring a full-time Controller.

Lamont Accounting Services provides remote fractional Controller services to growing businesses throughout the United States.

We provide experienced accounting oversight, financial reporting management, internal controls, accounting-process improvement, and financial visibility without the overhead of a full-time Controller.

What Is a Fractional Controller?

A fractional Controller provides experienced oversight of a company's accounting function on a part-time, outsourced, or fractional basis.

While bookkeeping focuses primarily on recording financial transactions, a Controller focuses on the accuracy, completeness, timeliness, and integrity of financial information.

A fractional Controller can help establish and manage the accounting processes that allow business owners and executives to rely on their financial reports.

What Does a Fractional Controller Do?

Fractional Controller services may include:

• Month-End Close Management

  Develop and manage a consistent month- end close process so financial statements are completed accurately and timely.

• Financial Statement Review

Review financial statements and accounting activity to identify unusual transactions, errors, inconsistencies, or areas requiring additional attention.

• Balance Sheet Management

Review balance sheet accounts, reconciliations, supporting documentation, and account activity.

• Accounting Policies & Procedures

Develop and improve accounting policies, procedures, workflows, and documentation.

• Internal Controls

  Help establish appropriate accounting controls designed to improve accuracy, accountability, and financial oversight.

• Accounts Payable & Accounts Receivable Oversight

  Improve processes surrounding vendor payments, customer invoicing, collections, and working capital.

• Budget-to-Actual Reporting

  Compare actual performance with budgets and help management understand significant variances.

• Cash-Flow Reporting

  Improve visibility into cash balances, expected receipts, upcoming obligations, and working-capital needs.

• KPI Reporting

  Develop financial and operational reporting that helps management monitor business performance.

• Accounting Team Oversight

  Provide leadership and direction to bookkeepers, accounting employees, and other members of the accounting function.

• Accounting Process Improvement

  Identify inefficient accounting processes and implement procedures designed to improve accuracy and efficiency.

• Audit & CPA Coordination

  Coordinate accounting information and documentation needed by outside CPAs, auditors, lenders, and other financial professionals.

Signs Your Business Needs a Fractional Controller

Your business may benefit from fractional Controller services if:

• Your company has outgrown basic bookkeeping

• Financial statements aren't completed on time

• Month-end close is inconsistent

• Your balance sheet isn't being adequately reviewed

• Your accounting team needs leadership or oversight

• Your accounting processes aren't documented

• You need stronger internal controls

• Your company has multiple entities or locations

• Accounts receivable or accounts payable requires additional oversight

• Management doesn't fully trust the financial reporting

• Your business is growing rapidly

• You need better budget-to-actual reporting

• Your CPA primarily handles tax compliance rather than ongoing accounting management

• You need Controller expertise but don't need a full-time employee

Fractional Controller vs. Bookkeeper

A bookkeeper records and maintains financial transactions.

A Controller oversees the accounting function and focuses on the quality, accuracy, completeness, and usefulness of financial information.

For a growing company, these functions can work together.

Bookkeeping maintains the records.

Controller oversight strengthens the accounting function.

Management uses the resulting financial information to make decisions.

Fractional Controller vs. CFO

A Controller and CFO perform different functions.

Controller

The Controller focuses primarily on the accounting function, financial reporting, controls, processes, close, and historical financial information.

CFO

The CFO focuses primarily on forward-looking financial management, including strategy, forecasting, cash flow, profitability, financial modeling, growth, and decision support.

Growing businesses may need one, the other, or both.

Lamont Accounting Services provides outsourced accounting, fractional Controller, and fractional CFO services, allowing your financial support to evolve with your business.

Who Can Benefit From Fractional Controller Services?

Fractional Controller services can be valuable for growing:

• Construction companies

• Professional services firms

• IT and technology companies

• Healthcare businesses

• Dental practices

• Manufacturing companies

• Real estate companies

• Distribution businesses

• Retail and e-commerce businesses

• Legal and professional services firms

• Other owner-led and growing businesses

Why Use a Fractional Controller?

A fractional Controller can provide experienced financial oversight without requiring your business to take on the full cost of a full-time Controller.

Depending on your needs, fractional Controller services can provide:

• Experienced accounting leadership

• Stronger financial reporting

• Better month-end close processes

• Improved accounting controls

• More consistent financial procedures

• Better management reporting

• Greater visibility into financial performance

• Accounting team oversight

• Support during periods of rapid growth

• Flexible access to Controller-level expertise

Remote Fractional Controller Services Nationwide

Lamont Accounting Services provides remote fractional Controller services to businesses throughout the United States.

Our remote model allows us to work directly with business owners, CEOs, accounting teams, employees, tax professionals, auditors, bankers, and other advisors regardless of location.

Based in Georgia. Serving businesses nationwide.

Your Accounting Function Doesn't Have to Grow Alone

As your business grows, your financial infrastructure needs to evolve with it.

Lamont Accounting Services can provide:

Outsourced Accounting → Fractional Controller → Fractional CFO

This allows you to access the appropriate level of financial expertise without automatically building a large internal finance department.

Ready for Stronger Financial Oversight?

If your business has outgrown basic bookkeeping but isn't ready to hire a full-time Controller, fractional Controller services may provide the level of expertise and oversight you need.

Schedule a Financial Assessment with Lamont Accounting Services.