By appointing a “pay as you go” management accountant, you will engage the services of a highly professional management accountant 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”?
- To enable you to be flexible in the recession so you can adapt to changes in demand for your business
- 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
- 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 management accountant?
A Management Accountant is concerned with the provisions and use of accounting information to managers within organisations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.
In contrast to financial accountancy information, management accounting information is:
• Usually confidential and used by management, instead of publicly reported;
• Forward-looking, instead of historical;
The key benefits of a management accountant:
The role of the management accountant is to help you understand the financial situation of your business and it should:
• Allow you to focus on running your business;
• Provide you with the right information to make the right business decisions;
• Enable you to comply with reporting requirements such as monthly figures for your shareholders or lenders;
• Lower accountants fees;
• Enable better management of cash;
• Offer 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!
• Avoid payments for holidays or illness
• Provide you with 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 Management Accountant do to help?
-
Deliver or oversee the bookkeeping function
- Bookkeeping
- Payroll
- Credit Control
- Develop or refine reporting system and KPIs
- Produce Management Accounts (P & L and Balance Sheet)
- Enable up to date Cash Flow Management
- Provide Sales and financial forecasting and budgets
- Report Variance Analysis
- Highlight Product Profitability
- Detailed Cost analysis
- Enter Depreciation journals
- Keep Interest journals up to date
- Regular Accruals and prepayments journals
- Liaise with accountant and/or auditor for End of Year Compliance and accounts production
- Prepare End of Year Accounts
