Thinking of hiring an accountant to work within your business?
To maximise the value of every pound, drive down costs and increase profitability, you need an accountant who can maintain accurate bookkeeping and accounting records on a monthly basis.
They’ll be able to build a clear picture of your finances for you and keep you informed on your company’s performance on a regular basis with their abilities, knowledge, and expertise.
While some small business owners and entrepreneurs believe that DIY accounting software is sufficient for cost tracking, hiring a professional accountant in business is very likely to have a significant positive impact on your overall financial curve, with benefits that extend well beyond number crunching.
Selecting a candidate who can contribute to your financial success might seem like a difficult undertaking but our specialist recruitment service at acrossbusiness.co.uk will take away all of this hassle for you.
Understanding your requirements
Prior to beginning the hiring process, you should fully understand your business’s accounting requirements, including financial goals and objectives.
It’s prudent to conduct a rapid, complete study of the services you expect from your accountant.
For example, is your primary objective to hire an accountant to handle your tax affairs? Manage book-keeping? Provide operational support and financial advice? Or do you need a good all-rounder?
Mapping this out will assist you in determining what needs to be addressed first and will enable you to reduce the scope of your search.
What characteristics should you seek for in an accountant?
When the majority of people think of professional accountants, they envision someone who is exact, has a good eye for detail, and possesses a wealth of practical knowledge, all of which are critical characteristics. If they make even the tiniest error, it can have a devastating effect on a corporation.
Numerous company decisions are made on the basis of data, which serve as a barometer of financial health. That is why accountants must be meticulous and organised.
The following are some of the characteristics of the best accountants:
Outstanding organisational skills
Exceptional time management abilities
High attention to detail
An element of thinking outside the box
Relevant sector experience
Dependability
Excellent communication abilities
Team-working abilities
Flexibility
While some of these characteristics are self-evident, others on this list are not often associated with accountants. However, they are also critical. Excellent accountants must be creative, as not all challenges are ‘textbook cases,’ and thinking outside the box will be necessary. Additionally, the stereotype of the lone accountant is frequently erroneous, as they are required to provide support to other departments – cooperation and strong communication skills are critical. Considering these is essential when thinking of hiring an accountant.
Additional considerations
Once you’ve identified a few people that are a good fit for the accountant role in your organisation, you may further examine them across several sectors. This may involve the following:
Accounting knowledge
Professional qualifications and accreditations
Relevant industry experience
Popularity on the market
Personality
Expected salary & benefit packages
Bear in mind that an accountant has the potential to make or break your business, so you must be certain that your final selection is flawless when thinking of hiring an accountant
Looking to hire an accountant?
Contact us today and see for yourself how our industry experience can guide you towards finding the right type of accountant for your business.
