Often the first employee taken on by a business is someone to help with admin/bookkeeping. Bookkeeping is seen as a necessary evil by many business owners and delegating this burden is often high on the agenda. As the business grows the “Finance” department often gets neglected and the bookkeeper is left to their own devices.
However, neglect this department at your peril because there is more to the finance than just ensuring you comply with HMRC. If you take your eye off of the finances you can very quickly run into trouble.
A Financial Controller is someone that takes a holistic look at your business’s finances and can spot problems in advance and ensure your business is on the right financial track
In addition, they are there to ensure that you are aware of the important numbers in your business so that you have the right information at your fingertips when you need to make those key decisions.
For example, a Financial Controller will help ensure you don’t run out of cash when you are expanding or going through change.
It is understandable that many businesses do not want to employ a Financial Controller directly so this is why we have come up with our Financial Controller Service – think of it as a virtual Financial Controller.
We take on the responsibly of a Financial Controller at a fraction of the cost of employing one.
We use the latest cloud tools such as Xero and Spotlight to ensure that you have the information at hand. Plus, we prepare and attend quarterly meetings so that we can keep things on track.
Features of this service are:
- Setting and tracking a budget
- Helping you forecast cashflow
- A monthly review of Xero
- A quarterly meeting with a full spotlight report
- Strategic advice on any topic
- Help managing cash surpluses as well as deficits
More details of this service can be found on our service page
