Accounting Keeps Us Going: Behind The Scenes At GRS
What is accounting? And, what purpose does it serve for a company? Merriam-Webster Dictionary defines accounting simply as, “the action or process of keeping financial accounts.” Accounting is also “the art of analyzing the financial position and operating results of a business house from a study of its sales, purchases and overhead.” At the end of the day, no matter the definition you choose, accounting keeps us going here at GRS.
However, for most people, the accounting department and its staff are the nerdy “bean counters” that collect money and pay bills. Occasionally, they will also call or email you when they need a receipt for your company credit card. In reality, that is only a part of what an accounting department does for Guarantee. So, you may be wondering, what else is going on in our accounting department or how do they help our organization? Here’s a look behind the scenes at our GRS accounting division!
ACCOUNTING KEEPS US GOING: PROVIDING SUPPORT TO OTHER DEPARTMENTS
One of our first goals in the accounting department is to supply support and remove obstacles from the other departments, so that they can continue to get their job done efficiently. This can include making sure teams have the proper funds available to go out-of-town and do a large water or fire job. It could also mean having a large, unexpected wintery ice storm like we saw earlier this month. Constantly, we are adjusting to ensure our team has the financial resources they need. Our accounting duties also include handling customer accounts that need a little extra help in getting the company paid. In order to keep GRS functioning as whole, our department provides daily support to each department from production to marketing.
ACCOUNTING KEEPS US GOING: PROVIDING A MEASUREMENT OF RESULTS
Additionally, the next major task that the accounting staff does for the company is provide financial results and documentation to ownership and executive management. This allows them to measure and analyze the company’s finances. It also determines if we are on the path of success to achieve our goals, or if we need to implement changes to accomplish our overall goals.
ACCOUNTING KEEPS US GOING: PROVIDING A MAP OF WHERE WE ARE HEADED
Our GRS Accounting Department not only helps management measure the results, but it is also instrumental in plotting out a map of where the company is headed. We help our executives take their ideas of where they want the company to go and run with them. In turn, we help them forecast a path that can be taken to obtain these financial and long-term goals. At Guarantee Restoration Services, we always aim high and strive for continuous growth. Our accounting team members, in a big way, assist management in creating a roadmap to greater success.
ACCOUNTING KEEPS US GOING: BIGGER PICTURE IN THE END
These are just a few different things that the accounting department does here at Guarantee Restoration Services to keep us going. So, the next time you get that phone call for your credit card receipts, please remember we are trying to support you in accomplishing our aspirations here at Guarantee Restoration! It’s not about one or two receipts, it is about the bigger picture well into the future.
THERE WHEN YOU NEED US MOST
With 4 locations and almost 150 employees, Guarantee Restoration Services is your leading restoration services company along the Gulf Coast. Our team of dedicated professionals works closely with our partners to find affordable, cost-effective solutions. We are available 24/7, which is not just a number, it is a GUARANTEE.
Bill Boeneke is the Controller at GRS. He has been a Guarantee Restoration Services team member since January 2018 and recently celebrated his third anniversary with the company. To connect with him, visit LinkedIn or send him an email.
