Case Study
Interim Accounting Leadership
Education
INDUSTRY
75
EMPLOYEES
$10M
ANNUAL REVENUE
Background
A fast growing, PE-owned company focused on delivering education and content for individuals who enjoy the outdoors was understaffed in their accounting department and needed support. They needed a resource that could hit the ground running with expertise in not just accounting processes and procedures, but also hands-on experience with the specific applications/systems they were using.
Objective
- Assume duties & responsibilities of current accounting personnel
- Free up capacity to manage the integration of a new acquisition
- Enable existing accounting team’s focus on the conversion of several separate QuickBooks & Sage environments to a new consolidated NetSuite system
Solution
- Daily monitoring to correct mismatched items and upload files to record revenue in QuickBooks
- Assisted with AP approval process and recorded invoices for the various entities
- Daily update of the foreign currency exchange rate spreadsheet
- Bimonthly correction of errors to reconcile the difference between the revenue application and the actual transaction amounts recorded
- Conducted month-end account reconciliations
- Sent payments by ACH to states for course fees collected on their behalf and record the bill and payment in QuickBooks
Immediately assumed accounting responsibilities, and because of the resource’s expertise in NetSuite, led the organization’s system conversion from QuickBooks to NetSuite
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Knowledge Hub
Annual Budget Reboot
QuickBooks System Optimization
System Implementation Project Management
System Analysis & Implementation
Financial Reporting & Accounting Function Enhancement
