Nommal Enterprises, LLC

Contract Finance and Accounting Guidance

Providing small business the tools to achieve great success!

Finance & Accounting

Our goal is to provide small businesses with the next step in finance and accounting services. We work with small to mid sized businesses that already have bookkeeping services, but are ready to develop a stronger understanding of their financial position.

Our Team

Our team is focused on working with small businesses that are poised for great achievements. Our leader is a CPA with 17 years of experience across a vast number of businesses and industries. Click here for a bio and links to our partners.

Areas of Practice

Contract CFO
Contract Controller
Advisory / Coaching
Budgeting and Forecasting
Financial Analysis Reporting
Bank Reporting
Cash Management
Best Practices
Coordination with Tax Accountant

Who We Are

Shelly Lammon, CPA
Managing Partner

Shelly Lammon has been providing small business owners with contract strategic and financial guidance since 2007. Shelly's goal is to provide expertise and resources for small business owners and their leadership teams in order to make a difference in the financial direction of the clients we serve.

Specialties
  • Budgeting, forecasting, and financial reporting
  • Financial Analysis and ad hoc reporting
  • Working with small business owners and managers to better undertstand the financial position
  • Financial Presentation
Experience
Small Business Owner, 2005 - 2010
Duke University, Director of Endowment Administration, 2004 - 2006
First Citizens Bank, Assistant Vice President, Audit Specialist, 2004
Wachovia, Assistant Vice President, Wachovia Client Partnership, 2002 - 2004
Wachovia, Financial Analyst, Investment Banking Product Controller, 2000 - 2002
Arthur Andersen, LLP, Audit Senior, 1997 - 2000

Education
University of North Carolina at Chapel Hill - Kenan Flagler Business School Bachelor of Science in Business Administration,
Concentration in Finance, 1996
Masters in Accounting, 1997.

Our Partners

In order to help our clients attain their business goals, we partner with several other local, highly respected service providers.

Consulting Partners include:
New Day Business Advisors
Business Lab, Inc.

Tax Partners include:
Smith & Smith, CPA
Jim Wyatt, CPA

Financial Planning Partners include:
Jim Wyatt, CPA

Practice Areas

At Nommal Enterprises, LLC, we are able to provide small to mid-sized businesses with a wide range of services on a contract basis. The major areas of expertise listed below are designed to help business owners and management teams better understand the financial position of a business in order to achieve successful decision making.

Contract CFO/Controller

Because many small to mid-sized businesses are not in need of a full time Controller or CFO, we provide these services on a contract basis. Working with the existing bookkeeper or accountant, our contract CFO or Controller fills the knowledge and interpretation gap left between a bookkeeper and a busy business owner.

Advisory/Coaching

We work very closely with the existing bookkeeper or accountant to ensure that all financial statements are materially correct. As a NC licensed CPA, we serve as an accounting expert and coach on technical accounting issues and provide accounting guidance on complex issues and where needed.

Budgeting & Forecasting

Strategic planning for the coming year(s) is vital for small businesses looking to reach the next level of financial goals. We work with your entire team to build a strong budget for the coming year. We also continue to monitor performance and adjust the year end forecast to assist business owners in reaching their goals.

Financials Analysis & Reporting

Using your existing financial reporting system, we analyze the data and generate reporting and presentations that give your business the tools necessary to make successful business decisions. Make sales, product, segment, and spending decisions based on solid information. Manage your business with a strong understanding of margins, product profitability, and customer profitability.

Cash Management

Forecasting sales, purchases, monthly expenses, capital expenditures, tax payments, payroll, and other significant cash outflows enables business owners to make strong decisions based on their cash position. We also help businesses ensure they are maximizing cash through discounts in timely vendor payments and appropriate use of Lines of Credit.

Coordination with Tax Accountant

At Nommal Enterprises, we don't prepare or file your taxes. However, we can help coordinate those tasks with your tax accountant. Accurate financials enable tax accountants to do their job and our cash management overview will help plan for estimated payments, retirement contributions, and other tax related issues.

Best Practices

We can help you ensure that your finance and accounting function is following the best practices to ensure tight controls over cash, payables, receivables, investments, etc... Following best practices gives piece of mind to business owners, banks, and investors. We can also help you meet Sarbanes-Oxley and other government regulations in regards to your financials.

Bank Reporting

We can serve as a liason between business owners and their bankers. We can ensure you meet the bank's reporting requirements for loans or other debt obiligations. We can also help you stay compliant with any debt covenants.

Contact

Address

Apex, North Carolina 27502

Email

shelly@nommalenterprises.com

Telephone

919.539.8797