Spotlight on Accounts and Finance Recruitment

Unlike the calendar year, the tax year starts in April — which means accounts and finance roles are in high demand right now!

As year-end looms (the 2019/20 financial year will end on the 5th of April 2020), many businesses will be scrambling to ensure they’ve carried out the specific procedures needed to close their books and complete the accounting period.

Allocating time and resources

These end-of-year adjustments are key to creating your company’s financial statements, such as balance sheets and profit and loss statements, which will give you a better overview of company spending.

Why were your expenses higher over a certain period this year? What’s your cash flow position? By answering these types of questions, you will gain an in-depth look at how your business is performing and be able to make better business decisions going forward.

The nature of year-end adjustments (and how many will need to be made) depends on how thoroughly you’ve maintained your books throughout the accounting year.

Even if your accountant or finance team has been conscientious, the work involved with finalising your business’ financial year-end can still be incredibly time-consuming.

And if they haven’t been quite so diligent with staying on top of your accounts throughout the year, they may have many transactions to catch up on and enter!

Whatever your situation, you can bet you’ll have to allocate a significant amount of time and resources to get everything done ahead of year-end — especially if it coincides with an already-busy period for your business.

All this puts a lot of pressure on finance departments and accounting firms, so it’s essential to have all hands on deck during this busy time.

Attracting the right talent

From reviewing financial statements for compliance with applicable standards and legislation to providing integral audit assistance, you need to have a knowledgeable and experienced team available to see you through this challenging time of year.

Whether you’re on the hunt for a bookkeeper, payroll manager, financial analyst or even a chartered accountant, it’s important to find someone who not only has the right qualifications but who will also fit in with your business culture and needs.

At On Track Recruitment, we can help your business stand out from the scores of other companies looking to fill similar accounts and finance roles — ensuring you attract the right talent for your requirements.

Please get in contact today to see how we can help you find your ideal candidate for either permanent or temporary roles ahead of year-end.