As a ministry grows, accounting gets more complex: more transactions, departments, systems, staff, and designated or restricted funds. Someone needs to oversee how the entire accounting function works together. That is the role of a Controller.

More than recording transactions

Bookkeepers and accounting staff handle the important day-to-day work: recording transactions, processing payments, reconciling accounts, and maintaining records.

The Controller leads the accounting function behind that work, establishing the processes, controls, deadlines, and accountability across revenue, expenses, bank reconciliations, designated and restricted funds, and the month-end close.

The Controller owns the financial statements and reporting to leadership, and prepares for and leads the annual audit.

Giving leadership financial clarity

A healthy accounting function helps leadership confidently answer:

  • Can we trust our financial statements?
  • How much cash is actually available to spend?
  • Are designated and restricted funds accounted for correctly?
  • Are financial reports arriving consistently and on time?
  • Are we prepared for our annual audit?
  • Are there financial or accounting risks we aren’t seeing?
The roles

Where does a Controller fit?

BookkeepingRecords financial activity.
AccountingOrganizes and reconciles financial activity.
ControllerOwns the financial statements and makes sure the accounting function produces reliable financial information.
CFOUses financial information to shape financial strategy and major organizational decisions.

Not every growing ministry needs a full-time Controller. But when financial reporting is inconsistent, cash availability is unclear, accounting processes are breaking down, or leadership isn’t confident in the numbers, Controller-level leadership may be the missing piece.

That’s what a fractional Controller provides: an experienced Controller who leads your accounting function on a fractional basis, without adding another full-time executive position.

Talk With Cheston About Your Accounting Function Download this overview (PDF)