Private Club CFO/Controller

Club Advisors Controller Advisory Services Task List

Financial Reporting

ü  Review Club Financial Operations Reports – Advise on Shortfalls and Variances

ü  Assists with Budget Management

ü  Assists with Capital Expenditures

ü  Assists with Cash Flow and Other Short and Long-Term Forecasts

ü  Assists with Fixed Asset Ledgers and Recording of Depreciation

ü  Review of Internal Controls

ü  Assist with All Inventories (F&B – Merchandise – Fixed Assets)

ü  Assist Management with Completion of IRS Form 990 – 501(c)7 Clubs

ü  Assist with Accounts Payable and Bill Payment.

ü  Assists with Reduction of Accounts Receivables (Members – Banquets – Tournaments)

ü  Assist with the Reconciliation of Bank Statements

ü  Assists with Insurance Limits and Financing Agreements

ü  Review Subscriptions, Vendor Agreements, and Contracts

ü  Assist with Technology Associated with Financial Management Production

Members

ü  Assist with Member Agreements, By-Laws, Charters

ü  Assists with the Member Reconciliation and Monthly Audit

ü  Assists with Member Billing and Collection Procedures

People

ü  Assists with Employee Benefits

ü  Assists with the Timely Preparation and Payment of Payrolls and Tips

ü  Assists with Information Technology, password security, and Physical Asset Management

Liaisons

ü  Assist Management with Financial Presentations to the Board, Committees, Members, and Bank Officials

ü  Assist Management in Obtaining Favorable Banking and Interest Fees

ü  Assist Management in Obtaining Favorable Insurance Premium Rates and Plans

ü  Assist Management with Long Term Agreements (HOA-Municipalities)

ü  Assist Management with Licenses and Permits

ü  Assist General Manager and Department Leaders with Financial Operations

ü  Assist Management with Local, State, and Federal Taxes Where Appropriate

ü  Assist with the Transition of the Controller Incumbent