By appointing a “Pay as you Go” Financial Controller, you will engage the services of a highly professional Financial Controller who will work with you in your business, without having to enter into a permanent commitment.
Why should you use a “Pay as you go service”?
- You can be flexible in the recession so you can adapt to changes in demand for your business
- To enable you to reduce overheads, without losing your ability to manage your finances effectively, and have the right information to make the right decisions.
- Not be committed to paying set salaries
- Not have responsibility for Employer’s NI costs
- Not have to worry about providing cover during holiday periods
- Not have up-front recruitment costs (20% of first years salary)
- No lengthy notice period is required
- To enable you to avoid training costs as all training is managed by The Local Bookkeeper
No matter if you require interim or temporary staff, we are able to help you.
What is a Financial Controller?
A financial controller will encompass all areas of accounting from financial accounting to forecasting and include specific project work.
Our financial controllers are able to easily adapt to your organisations requirements.
The key benefits of a financial controller
The role of the financial controller is to help you understand the financial position of your organisation and keep up to date with compliance requirements, through the provision of management and financial accounting. What this means to you, is that it will:
• Allow you to focus on running your business;
• Provide you with the right information to make the right business decisions;
• Ensure you will be able to comply with reporting requirements such as reporting to shareholders/lenders;
• Lower accountants fees;
• Ensure better management of cash;
• Provide a highly consistent service – because we are not just an independent, self employed bookkeeper, The Local Bookkeeper has the support of the other offices across the UK to ensure you get the high standard of service you deserve!
• Mean that you do not have to pay for holidays or illness;
• Provide a detailed understanding and analysis of your business
We speak to you in English, no jargon - just the facts you need to run your business and survive the recession
What can a Financial Controller do to help?
Provides an organisation with all they need in terms of financial assistance:-
- Manages the accounts departments with incumbent staff
- Financial liaison with bank or other third parties
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Delivers or oversees the bookkeeping function
- Management of Payroll
- Preparation and processing of sales invoices
- Posting and allocation of sales receipts
- Credit control and debt chasing
- Processing, coding and posting of supplier invoices
- Posting and allocation of supplier direct debit payments
- Production of cheques in accordance with credit terms
- Posting and allocation of supplier cheques
- Analysing and posting of petty cash payments
- Payroll journal entries
- Bank reconciliations
- Calculation of VAT returns
- Liaison with accountant and/or auditor for End of Year Compliance and accounts production
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Delivering or overseeing the management accounting
- Development or refinement of reporting system and KPIs
- Production of Management Accounts
- Cash Flow Management
- Sales and financial forecasting and budgets
- Variance Analysis
- Product Profitability
- Cost analysis
- Depreciation journals
- Interest journals
- Accruals and prepayments
- Preparation of End of Year Accounts
- Company secretarial duties
- Compliance with all statutory requirements
- Strategic planning
