We are fast approaching yearend and the usual cries of despair heard the world round from the accounting profession has started here in my own little corner of corporate finance. We are madly scrambling to get project codes closed, process as many invoices as possible, reconcile everything down to the penny and make sure everything is 95% done by Christmas Eve.
Thankfully my assistant has risen to the challenge. Seems when I give her latitude to exercise a certain amount of independant thought she does well. She asks for direction, which is right and proper; once she gets the direction she’s off on her merry little way to do whatever she does that makes my reconciliation hell that much easier. Right now she’s focusing on Intercompany Billings, tomorrow it’s a cheque run. She actually enjoys the fact that I have given her the freedom to approach Account Executives and Project Managers to get their signatures, instead of sitting back and waiting passively for documents to flow back to her.
My co-workers are getting quite frenzied as well. I’m doing okay, I have gone through horrific monthends and yearends in prior companies, so I am prepared mentally for what it means to close the fiscal year. I am right now focusing on reconciling some documents I received from CRA (Canada Revenue Agency).
One of my co-workers said to me today “Beanie, you are wonderful” and I said “you’re sucking up, it doesn’t work on me”. She wants me to reconcile her taxes as she has never been exposed to the concept of commodity (VAT)tax and how to go about reconciling CRA statements to the G/L. She also needed assistance on moving a CR balance in A/P to Bad Debts. My manager actually told her “go ask Beanie how to do it”.
I think I am loved 🙂