As your company grows, your accounting team needs to keep pace
More transactions, people and decisions require clearer processes and better analysis. This service fits when you expect your chief accountant to guide the team, explain the numbers to management and support the financial organisation of the business.
Strengthening the work of your in-house team
Keep the people who know your operations. We organise responsibilities and review procedures, explain corrections and help the team follow shared working standards.
- ✓Clear allocation of responsibilities and document workflows
- ✓Guidance for accountants and feedback on completed work
- ✓Coordinating closing procedures, reconciliations and reporting calendars
- ✓Reviewing accounting quality and following up on corrections
- ✓Communicating with management and your group finance team
Financial management responsibilities beyond statutory reporting
Where your company needs responsibilities associated with a finance director, we define them in the engagement with clear deliverables and accountability.
Approval, signing and decision-making powers are expressly agreed. Your team continues day-to-day processing, while business decisions remain with company management.
The agreed responsibilities may include:
- ✓Cash flow and payment planning
- ✓Budgets and analysis of actual results against plans
- ✓Cost, margin and profitability analysis using the available data
- ✓Management reporting and explanations to support growth decisions
Full outsourcing, an outsourced chief accountant or an in-house hire?
The choice depends on what you want to delegate and the team you already have.
- ✓Full accounting outsourcing: an external team handles the agreed bookkeeping, reporting and coordination of services in your package.
- ✓Outsourced chief accountant: your employees continue processing transactions, while external leadership provides coordination, review and guidance; financial management responsibilities can be included.
- ✓In-house chief accountant: you recruit an employee to lead the department; your company organises recruitment, remuneration and continuity in the role.
How we start working together
We review the department structure, team capabilities, accounting records and management information needs. Together, we set priorities, responsibilities and a calendar for coordination and review.
What we need to assess the department
- ✓Team structure and current responsibilities
- ✓Document workflows and the systems used
- ✓Recent accounting statements, reconciliations and available management reports
- ✓Reporting deadlines, current difficulties and growth plans
Pricing for an outsourced chief accountant
The proposal reflects team size, operational complexity and the agreed leadership and financial management responsibilities. All activities in the agreed engagement are included in a clear monthly fee on one monthly invoice.
If your activity, workload or responsibilities change, we discuss the package and agree any fee adjustment before the change takes effect.