Cost Effective
Flexible Staffing
Speciallized Expertise
Realize cost reductions of 40%-60%
Scale up and down based on your needs
Focus on running the business instead of managing books
Use us as full-time, part-time or on as needed basis
Access to best practices derived from 300+ businesses
Year-end accounting and audit support activities are performed by a Senior Property Accountant. Our indicative standard charges for the service is listed below.
Sr. Property Accountant can provide the following services- General ledger accounting, cash flow projections and management, inter-company accounting, prepare budgets, analyze expense variances, review balance sheets, prepare monthly financials including detailed monthly reporting and assist Controller in month/year end activities. They have strong balance sheet knowledge including assets, liabilities, income statement, cash flow statement and common financial ratios.
Clearing backlog of un-posted historic transactions, reconciling historic accounts with bank/vendor/customer statements, and bringing books up to date.
Clean-up of chart of accounts including removing redundant accounts, updating vendor, customer and inventory lists, and correction of existing miscoded invoices, GL entries etc.
Accounting software transition including set-up of lists, mapping new to old chart of accounts, posting transactions in parallel runs, and 3 Way Reconciliations between Old Vs New Vs Statements.
Year-End Accounting refers to the process of finalizing your financial records at the end of the fiscal year. It involves preparing financial statements, reconciling accounts, and ensuring compliance with accounting standards.
OHI provides a range of Year-End Accounting services, including financial statement preparation, reconciliation, tax preparation, and audit support.
Yes, Year-End Accounting is essential for businesses of all sizes. It helps you track your financial performance, plan for the future, and fulfill tax obligations.
Audit Support Services involve helping your company prepare for and navigate through audits, whether they are internal or external. We assist in gathering necessary documentation, answering auditor inquiries, and ensuring compliance.
OHI offers comprehensive audit support, including document preparation, process evaluation, and guidance to ensure a smooth audit experience.
OHI stands out for its 18+ years of industry experience, a team of skilled professionals, and a commitment to delivering tailored solutions to meet your specific needs.
Yes, OHI has the expertise to manage Year-End Accounting and Audit Support Services for large businesses with multiple subsidiaries. We can streamline the process and ensure compliance across all entities.
The timeline can vary depending on the complexity of your financials and the scope of the audit. We’ll work closely with you to establish a timeline that aligns with your business goals and compliance requirements.
