Tag Archives: financial controller

5 pitfalls of outsourcing financial tasks

More and more, outsourcing financial tasks is becoming standard among companies. It allows for cost savings and FTE reductions. Sourcing from experienced service providers often increases the quality of work, helps complying with international accounting standards and focuses the company on its core … Continue reading

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Corporate treasurer: the real job description

Recently I got a question about the function of a treasurer. So let’s take 5 minutes to have a closer look at the typical task list of this financial officer. The main task of a treasurer will be to manage … Continue reading

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The most common pitfalls when implementing a new ERP

Over the past few years I have been heavily involved in the implementation of Oracle, SAP and Salesforce in my roles as financial analyst and financial controller. And from what I saw, it is safe to say that these ERP implementations … Continue reading

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Task list of a controller – part 2

Monthly reporting: a basic component of any controller will be to assemble a ‘monthly pack’ that shows an easy and brief overview of the main P&L items and the highlights the non-financial management will be interested in. VAT return – intrastat: … Continue reading

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Task list of a controller – part 1

Given the huge interest in the topic, I will be spending some more time fleshing out the details of the controller role. Month end is the peak period for any controller. Most people in a company have a vague idea … Continue reading

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The difference between a Business Controller and a Financial Controller (and their typical job description)

Hi, Recently I have seen some discussion about the definition of two roles: that of a Business Controller (BC) and Financial Controller (FC). In most Western European companies, both roles coexist and there is little misunderstanding what they do. What I … Continue reading

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