The Challenges of Account Reconciliation

Today’s finance organization is faced with a myriad of challenges - tightened month-end close deadlines, increased regulatory reporting, and reduced headcount - all while balancing the need for accurate management reporting for decision-making. Account reconciliations are a critical internal control over financial reporting, yet it is common for finance teams to be challenged with maintaining up-to-date account reconciliations. Further, it can be difficult to have a robust account reconciliation function that consistently produces high quality, accurate financial statements.

Jefferson Wells Account Reconciliation Services

Our account reconciliation services can…

  • Backfill coverage for account reconciliation peak workload periods – providing one professional or a team of professionals
  • Outsource the account reconciliation function – Assembling a team of professionals with Jefferson Wells management oversight to handle the account reconciliation process from beginning to end - including preparation of reconciliations, metrics and other management reporting
  • Support account reconciliation process automation – Whether through use of tools like Excel, or assisting you with the implementation of an automated account reconciliation tool,
  • Train your team in account reconciliation best practices.


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