Our Accounting Services group provides practical solutions for early-stage companies that need part-time accounting and finance support as well as later-stage companies that need part or full-time assistance. We become the virtual accounting department scaled to the client’s needs, providing professional accounting staff, controllers, and/or chief financial officers.
We cover a wide range of services, from general bookkeeping and payroll processing to becoming your virtual accounting department. Additionally, we provide full accounting outsourcing, co-sourcing, and controllership.
Our diversified and valuable accounting services are professionally tailored to suit our clients’ business needs, with our outsourced accounting and bookkeeping models being simple. A client tells us how many resources are needed, and the UHY Pillars accounting and bookkeeping team will provide them with a dedicated team of model professionals who can perform a wide variety of accounting services. It’s that simple, a client can easily extend their team by one, two, three, or more trained accounting professionals, depending on the work volume. Each team is overseen by an experienced supervisor, many of whom have advanced degrees as Chartered Accountants.
Our team is comprised of bookkeepers, accounting systems specialists, and financial controllers that are all well-qualified professionals.
Our dedicated outsourcing accounting departments that are optimized for a small business are:
Bookkeeping: our bookkeepers ensure that proper billing and expense procedures are implemented and followed.
Controller: outsourced controllers ensure that operational accounting and financial systems and processes are in order. Our controller services are as following:
– Transaction processing
– Purchase orders
– Bill processing and payment
– Customer invoicing and collection
– Expense report processing and payment
– Respond to questions from vendors, customers, and employees
– Transactions classification, to produce reports by department, geography, product line, etc.
– Investigate the creditworthiness of new customers
– Monthly close
– Consolidations
– Accounting system evaluation and selection
– Controls implementation
– Accounting policies and procedures
CFO Advisory: Our CFO focuses on generating insights from accounting that goes beyond compliance. Our CFO Advisory services are as following:
– Operating plan development
– Financial forecasts
– Debt and equity financing
– Cash management
– Asset management
– Support stock valuation services
– Financial reports and presentations for board meetings
– Contract reviews
– Revenue recognition
– Due diligence
– Acquiring credit from vendors
– Internal Controls and Procedure Documentation
– Customized Reporting with Business Intelligence and benchmarking