What If Your Controller Was Sued for Sexual Harassment?

What would you do if a former employee filed a sexual harassment suit against your Controller?

The founder of the $25 million manufacturing company had complained for years to me about his Controller, but when a former employee filed a sexual harassment suit against him, it prompted the founder to do some checking.

He was stunned to find porn on the Controller’s computer and that Controller was crude and unprofessional with the female staff.

That’s when the owner had me do a confidential search for a replacement.

The company had a unique product, but progress had been impeded by administrative glitches. The new Controller reinstalled their ERP package, helping to eradicate the problems. Sales, which had been flat, more than doubled in the next five years.

The founder said to me:

  • “If I had known it would be this easy, I would have done this a long time ago.”

The company continued to grow, with sales approaching $100 million. The owner called me once again, this time to say the business had outgrown the Controller, who was being given an early retirement package.

I quickly found a CFO.

The owner told me the new CFO made his life much easier and allowed him to run the business rather than the business run him.

If you are not a finance person or have never worked in a company with a strong finance function, you probably assume finance is a cost and not an opportunity.

Your view is naturally based on the financial people you have worked with.

Feel free to reach out to me, if you’d like to talk about what finance can and should be doing for your business.

We can also talk about various remedies, if you are unhappy with your financial people or results.

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