
Accounting and Bookkeeping for Minnesota Small Businesses

Mid Level Experience:
Accountant II
Business Analyst
Senior Auditor
Operations Manager
Most common responsibilities
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Financial Recordkeeping
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Maintain accurate financial records
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Record daily transactions (income, expenses, payroll, etc.)
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Reconcile bank statements
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Financial Reporting
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Prepare financial statements (balance sheets, income statements, cash flow statements)
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Generate monthly, quarterly, and annual reports
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Ensure reports comply with regulations and accounting standards
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Budgeting & Forecasting
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Develop budgets
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Monitor spending against budgets
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Provide financial forecasts to guide decision-making
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Auditing & Internal Controls
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Conduct internal audits
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Ensure accuracy and integrity of financial data
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Identify financial risks and suggest improvements
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Financial Analysis
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Analyze financial performance
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Identify trends and cost-saving opportunities
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Provide recommendations to management
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My Story
High Level Finance Experience:
Chief Financial Officer
Director of Finance
Director of Business Services
Director of Federal Monitoring
Most common responsibilities:
1. Financial Strategy & Planning
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Develop and implement the company’s financial strategy
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Lead long-term financial planning and forecasting
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Align financial goals with overall business objectives
2. Financial Reporting & Compliance
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Oversee preparation of financial statements and reports
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Ensure compliance with accounting standards and regulations
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Present financial results to the board and stakeholders
3. Budgeting & Cost Management
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Approve and monitor budgets across departments
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Control costs and improve operational efficiency
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Identify areas for financial optimization
4. Cash Flow & Capital Management
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Manage cash flow, liquidity, and working capital
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Oversee financing activities (loans, investments, equity)
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Maintain relationships with banks and investors
5. Risk Management
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Identify financial risks and develop mitigation strategies
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Oversee insurance, internal controls, and compliance programs
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Ensure strong financial governance
6. Leadership & Team Oversight
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Lead the finance and accounting teams
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Collaborate with the CEO and executive leadership
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Support strategic decision-making across departments

Miranda, MN
"Shannon is very easy to work with and responsive to any questions that you may have. She has made what could be stressful an easy process, highly recommend for small business owners! "
Rebecca Sandelands, MN
YFS was referred to us by our Tax Accountant for our Business. Shannon/YFS has helped us improve our bookkeeping in both accuracy and efficiency! She has assisted us in understanding QB reports and utilizing QB features that we hadn't previously understood. She is available and ready to assist our needs. Her weekly review has been extremely helpful. It is especially nice going into tax season well prepared! I highly recommend YF
Rick Beckrich, MN
As a small business owner, I have many daily tasks that need to be accomplished, and because of this, monthly and quarterly paperwork tends to suffer. I choose to work with Shannon at Your Financial Solution to help keep our records current and provide guidance. It has been a great business decision for us and one I recommend to any small business owner.
Location
Brainerd Lakes Area
Company Website
Phone
(218) 513-4134