Improving Financial Reporting for Lighting Company
The client, a lighting products manufacturer, embarked on a project to optimize its financial reporting process. The client was facing hurdles in tracking their financial performance due to inefficient practices, so they sought the assistance of anΒ Interim Head of ControllingΒ to improve reporting quality.
ConsultportΒ proposed 2 skilled candidates within 24 hours. The client interviewed both candidates and selected the candidate with Big 4 background and with 15+ years experience in optimizing financial reporting and controlling processes. The interim head of controlling started working with the client team 72 hours after the initial request.
The interim head of controllingΒ conducted a thorough analysis of existing reporting and controlling processes. To gain deeper insights, the interim head of controlling alsoΒ visited
the portfolio companyβs offices and production sites across EuropeΒ to evaluate data entry practices and challenges faced by employees involved in the reporting process.
The initiatives of the interim head of controlling delivered measurable improvements across accuracy, efficiency, and consistency in the clientβs financial reporting process.
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