THE TEARDOWN · MONTHLY FINANCIAL CLOSE
Monthly Financial Close — Senior Finance Manager
cost math · audited
01
Pull GL entries from NetSuite + 6 ops sheets
3 hr
Manual
02
Reconcile bank statements against the AR ledger
4 hr
Manual
03
Match vendor invoices to POs, approve or kick back
3 hr
Manual
04
Build the variance commentary — budget vs. actual
5 hr
Manual
05
Format the CFO review pack — charts + summary
3 hr
Manual
06
Take the questions. Defend the numbers. Make the calls.
1 hr
Human
07
Distribute final pack — board, leadership, audit
1 hr
Manual
Before · per close
12 closes × ~20 hrs each × senior finance loaded rate
Annualized cost
$22,800
Operator
"Your team wasn’t hired to do this."