Securing a high-level tax consultant for a short-term project.
The Challenge.
A US-based, publicly traded company had just completed a $500 million acquisition of a foreign company and needed an experienced tax consultant to work with their accounting team.
With significant deadlines approaching, the controller needed to bring on an individual quickly to help meet all key requirements. A heavy workload would make it very challenging for the senior executives to perform the necessary recruiting and screening to secure the necessary talent. So the company turned to Ajilon Finance Solutions.
The Solution.
Ajilon Finance Solutions provided the client with an individual who was able to spearhead a number of initiatives, including:
- » Reconciliation of the FAS 109 as recorded on the general ledger
- » Prepare for year-end close and ensure the process used would
- comply with SOX requirements
- » Review the foreign tax provisions for the units that were acquired
- » Prepare the related footnotes for the 10K based upon the year-end
tax provision
- » Revise SOX 404 narrative for taxes
- » Assist with the section 382 calculation relating to change in ownership
- » Prepare miscellaneous sales and property tax returns
- » Start the federal income tax preparation return process
- » Assist with various general accounting projects
The Ajilon Point of Difference.
The tax consultant successfully completed all of the accounting team’s key projects on time. The bottom line: Ajilon Finance Solutions was able to locate and secure an experienced professional who could handle a wide range of tasks for a client with specific needs — and the client rewarded us by using our services again for future projects.
