Audit & Month End Close Support for SaaS Industry
Cloud-based recruiting and staffing solutions designed to streamline hiring and workforce management.
Client Background
A US-based SaaS organization providing recruiting & staffing solutions.
Solution Offered
Audit Preparation and Support: Assisted in audit preparation, maintaining accurate financial records for smooth audit processes.
Reconciliations and Month-End Close: Conducted timely reconciliations of accounts and facilitated efficient month-end closing procedures, ensuring accuracy and compliance with reporting deadlines.
Weekly Cash Flow Preparation: Prepared weekly cash flow forecasts, providing insights into short-term liquidity positions and enabling proactive cash management decisions.
NetSuite Posting Entries: Managed posting entries on NetSuite, ensuring accurate and up-to-date financial records and facilitating seamless integration with other financial systems.
Key Results
Compliance Assurance
Reduced risk of penalties through adherence to regulatory requirements
Operational Efficiency
Version controls to ensure that historical data and changes were tracked accurately, maintaining data integrity and auditability.
Enhanced Financial Visibility
Improved decision-making with greater insight into financial performance.
Performance Management
Variance Analysis, Sensitivity Analysis and monthly reports