Our Services
MS Wheeler Financial Services provides superior financial consulting services to help streamline operations for nonprofit and higher education clients.
Financial process reengineering
- Document current processes
- Identify extraneous tasks and missing internal controls
- Implement new streamlined processes with strong internal controls
Organizational restructuring
- Identify critical tasks and competencies to revise job descriptions
- Gather data to right-size financial services departments
- Assess employee skills and identify gaps
- Align skills with responsibilities in a balanced organizational structure
Financial system implementations
- Serve as translator between the functional and technical teams to describe system needs and constraints
- Optimize the new chart-of accounts to capture required financial information
- Assist with the conversion of legacy data
- Develop efficient workflows
Change management
- Collaborate with system implementation teams to identify the impacts of new systems on existing processes
- Develop targeted communications, FAQ’s, training and other materials to share information and gather feedback
- Identify changes in policy driven by system implementations
Policy development
- Establish an organizational policy development process
- Identify critical missing policies
- Guide teams of subject-matter experts to draft policies
- Facilitate a cross-functional team of policy reviewers
- Deliver tools to communicate and socialize new policies
Accounting and financial reporting
- Resolve non-compliance with GAAP in accounting or financial reporting
- Assist with the implementation of new accounting and reporting standards
- Address chart-of-account and procedural gaps to streamline financial reporting
Interim AVP/Controller services
- Lead the financial services team to deliver critical financial processes, meet reporting deadlines, and avoid service interruptions
- Address unfinished legacy projects, presenting the new AVP/Controller with a clean slate
Gifts and Grant Management
- Review agreements for proper classification and counting
- Streamline interim and final grant reporting
- Improve endowment fund tracking and reporting