Roles & Responsibilities
Billing, AR and collection staff – billing and collection, project contract management. AP staff – payments to vendors and sub- consultants. Payroll staff – handles payroll. Accounting manager – general ledger. Controller – manages accounting staff, responsible for historic reporting functions. Treasurer – manages staff responsible for the management of cash CFO – financial strategy of the firm, banking and credit relationships, capital structure.
Accounting focuses on historic review and nuts and bolts of running a business.
Financial management focuses on predictive measures and goals
Strategic financial management is the link between daily activity and overall firm direction.
THE PRINCIPALS ACADEMY 2022
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