Financial Controlling

Hands-On Financial Control

Manual financial oversight tailored to Estonian SMEs and startups – no automation promises, just spreadsheet-based analysis and expert advisory.

Core Services

Monthly Financial Reviews

• Manual reconciliation of bank statements with accounting records
• Departmental cost allocation (Excel-based)
• Break-even analysis for product lines

Budget Management
◈ Annual budget preparation (aligned with Estonian fiscal year)
◈ Quarterly reforecasting based on actual performance
◈ Variance explanations (Estonian/English bilingual reports)

Strategic Analytics
• Working capital optimization
• Gross margin analysis by product/market
• Liquidity risk assessments

Compliance Integration

• Linkage with statutory accounting (KMD/TSD filings)
• Audit preparation support (for €1.6M+ revenue companies)

How We Work

Data Collection (1st-5th of month):

• You provide: Bank statements, invoices, payroll reports
• We request: Sales pipelines, inventory updates

Analysis Phase (6th-15th):

• Manual Excel modeling
• Video call to discuss findings

Delivery (16th-20th):

• PDF report with:
  ✓ Cash flow forecast (30/60/90 days)
  ✓ Key metrics vs. budget
  ✓ Actionable recommendations

Why Choose Manual Controlling?

Estonian Market Focus

• Localized benchmarks for manufacturing/SaaS sectors
• Knowledge of EAS/Kredex grant requirements

Transparent Process

• No black-box software – all models editable by client
• Fixed monthly fees (unlike %-of-revenue models)

Regulatory Alignment

• Prepares documentation for:
  ✔ Annual reports (Äriregister)
  ✔ Tax authority inquiries
  ✔ Investor due diligence