We are looking to add an Accountant to our Finance Department! This position performs general accounting functions of the department and has knowledge of governmental accounting, auditing, and financial reporting. The Accountant will also assist in the preparation of the City’s annual operating budget and related documents and continually monitor the budget throughout the fiscal year. For more details on this position and online application, visit hursttx.gov/openpositions. We invite you to like, share, or comment to help us spread the word!
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The Dilemma of Limited Finance Expertise Small businesses often face a dilemma: they can't afford to hire a comprehensive finance team but still need expertise across various roles. This leads to either highly skilled individuals performing low-skilled tasks or significant gaps in the finance function. For example, a Financial Controller might end up doing accounts payable, or a bookkeeper may struggle with tasks meant for a Finance Director. This is where targeted, professional financial support can make a difference. #FinanceSupport #SmallBusinessFinance #Efficiency
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Different accounting needs require different expertise. From invoicing clerks to senior accountants, finding the perfect fit for your financial goals is essential. Here are some roles that could be useful for your business: - Tax Accountant - Payroll Specialist - Invoicing Clerk - Financial Analyst - Credit & Collections Specialist - Bookkeeper - Chief Financial Officer #accountingroles #accountingstaff #employeestructure
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Superb Illustrations! 👏🏻 It takes commitment and courage, but teams and organizations made up of people who understand this simple but important distinction, who realize that everyone on the team has essentially the same job but different roles have the ability to perform at the highest level and with the most collaborative environment. 👍🏻👏🏻👏🏻 Teamwork and collaboration can foster a healthy work culture and environment where team can achieve goals through powerful skills and effective work 👍🏻👍🏻 #TeamWork
Fractional CFO/Controller | Helping SMEs Drive Financial Success | Training and Developing Future Finance Leaders
Meet the Accounting Team! This might give a different perspective on accounting roles. We may do different jobs, but at the end of the day, we are one team that delivers collaboratively. If one spends money, the other ensures we collect money on time. There must be synergy between cash outflow and inflow. That's why there is another role that ensures proper cash flow management without hampering operations. These are just a few examples. We can find tonnes of other synergies. What other synergies can you suggest? Here are some of the roles we are discussing: 1- Accounts Payable 2- Accounts Receivable 3- Revenue Accounting 4- Treasury Accounting 5- Project Accounting 6- Fixed Assets Accounting 7- General Ledger Accounting 8- Financial Reporting & Audit 9- Finance Manager 10- Financial Controller DM me if you want me to help you structure your finance department! #MAKAlpha #TheFinanceMasterclass ------------------------------------------------------- - I'm Abdul Khaliq - Sharing 20+ years of experience. - I provide Fractional CFO/Controller services to SMEs. - Download my work in PDF by visiting my profile.
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Another excellent booklet post by Abdul Khaliq for your viewing pleasure. Click on the black arrow and scroll to the right to view this this 14 page large print easy to read booklet.
Fractional CFO/Controller | Helping SMEs Drive Financial Success | Training and Developing Future Finance Leaders
Meet the Accounting Team! This might give a different perspective on accounting roles. We may do different jobs, but at the end of the day, we are one team that delivers collaboratively. If one spends money, the other ensures we collect money on time. There must be synergy between cash outflow and inflow. That's why there is another role that ensures proper cash flow management without hampering operations. These are just a few examples. We can find tonnes of other synergies. What other synergies can you suggest? Here are some of the roles we are discussing: 1- Accounts Payable 2- Accounts Receivable 3- Revenue Accounting 4- Treasury Accounting 5- Project Accounting 6- Fixed Assets Accounting 7- General Ledger Accounting 8- Financial Reporting & Audit 9- Finance Manager 10- Financial Controller DM me if you want me to help you structure your finance department! #MAKAlpha #TheFinanceMasterclass ------------------------------------------------------- - I'm Abdul Khaliq - Sharing 20+ years of experience. - I provide Fractional CFO/Controller services to SMEs. - Download my work in PDF by visiting my profile.
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Synergies in the Accounting Team Synergies within an accounting team can significantly enhance operational efficiency, ensure compliance, and support strategic decision-making. Here’s a detailed look at how different accounting roles can work together effectively: 1. Accounts Payable (AP) and Accounts Receivable (AR) • Cash Flow Management: • Coordination: Effective communication between AP and AR ensures that payments to vendors and collections from customers are timely, maintaining a healthy cash flow. • Forecasting: Joint efforts in cash flow forecasting can help anticipate cash shortages or surpluses, allowing the company to plan accordingly. • Vendor and Customer Relationships: • Streamlined Processes: By aligning processes, AP and AR can improve the efficiency of transactions, leading to better relationships with vendors and customers. • Negotiation: Coordinated efforts can result in negotiating better payment terms with vendors and customers, optimizing working capital. 2. Revenue Accounting and Financial Reporting & Audit • Accurate Revenue Recognition: • Data Integrity: Revenue accountants ensure that all revenue is recorded accurately and in compliance with accounting standards, providing reliable data for financial reporting and audits. • Timely Updates: Regular updates and reconciliations between revenue accounting and financial reporting ensure that financial statements reflect the true financial position. • Compliance and Transparency: • Standard Adherence: Collaboration ensures adherence to accounting standards and regulatory requirements, facilitating smoother audits. • Audit Readiness: By working together, these teams can prepare comprehensive documentation and support for auditors, reducing the time and effort required during audits. 3. Treasury Accounting and General Ledger Accounting • Financial Position Visibility: • Comprehensive View: Treasury manages cash and investments, while the general ledger provides a holistic view of the company’s financial position. Together, they offer insights into liquidity and financial health. • Reconciliation: Regular reconciliation between treasury records and the general ledger ensures accuracy and consistency in financial reporting. • Risk Management: • Identifying Risks: Joint efforts help identify financial risks, such as liquidity risks or currency fluctuations, enabling proactive management. • Mitigation Strategies: Collaboration allows for the development and implementation of effective risk mitigation strategies, ensuring financial stability. 4. Project Accounting and Fixed Assets Accounting • Capitalization of Project Costs: • Tracking and Capitalization: Project accountants track costs related to specific projects, which are then capitalized by fixed assets accountants, ensuring accurate asset management and depreciation.
Fractional CFO/Controller | Helping SMEs Drive Financial Success | Training and Developing Future Finance Leaders
Meet the Accounting Team! This might give a different perspective on accounting roles. We may do different jobs, but at the end of the day, we are one team that delivers collaboratively. If one spends money, the other ensures we collect money on time. There must be synergy between cash outflow and inflow. That's why there is another role that ensures proper cash flow management without hampering operations. These are just a few examples. We can find tonnes of other synergies. What other synergies can you suggest? Here are some of the roles we are discussing: 1- Accounts Payable 2- Accounts Receivable 3- Revenue Accounting 4- Treasury Accounting 5- Project Accounting 6- Fixed Assets Accounting 7- General Ledger Accounting 8- Financial Reporting & Audit 9- Finance Manager 10- Financial Controller DM me if you want me to help you structure your finance department! #MAKAlpha #TheFinanceMasterclass ------------------------------------------------------- - I'm Abdul Khaliq - Sharing 20+ years of experience. - I provide Fractional CFO/Controller services to SMEs. - Download my work in PDF by visiting my profile.
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Multi-national Manufacturing concern, based in Linbro Park, has an opening for a Financial Accountant (EE). Support the Financial Manager and be responsible for the full accounting function from data input to management reporting, data analysis and analytical reporting to the Sales and Marketing Director. #FinancialAccounting #Accounting #Finance #Bookkeeping #TaxAccounting #FinancialReporting #CPA #TaxPreparation #Accountancy #FinancialStatements #Auditing #FinancialAnalysis #TaxPlanning #Budgeting #CashFlow #CorporateFinance #AccountingLife #GAAP #IFRS #FinancialManagement
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Why you need an Outsourced Finance Director in 2024 ✍🏻 Hiring an outsourced finance director can provide several benefits for your business, regardless of its size or industry. Here are some reasons why your business might need an outsourced finance director. Take a look ➡️ In summary, outsourcing a Finance Director can be a cost-effective way to access high-level financial expertise, strategic guidance, and specialised skills, allowing your business to make informed financial decisions and achieve its goals 👏🏼 Get in touch with us to see how we can help your business! 🔗 | www.atomfinancial.co.uk 📧 | enquiries@atomfinancial.co.uk 📲 | 01642 675771 #finance #financedirector #accounting
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Would you use this new function?! #excel #exceltips #exceltricks #exceltutorial #tips #tipsandtricks #tutorialvideo #learninganddevelopment #finance #accounting #admin #administration
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Who knew all three? #excel #exceltips #exceltricks #exceltutorial #tips #tipsandtricks #tutorialvideo #learninganddevelopment #finance #accounting #admin #administration
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Outsource your Accounts Dept with our Virtual Finance Function services. A Virtual Finance Function gives you a blend of a full inhouse accounts department with a bookkeeper, payroll professional, accountant and a CFO all rolled up into one, just part time and when you need it. Whether its just bookkeeping and compliance or a fully managed solution. You can add and remove services to tailor a solution to support business on its business journey. As the business grows, you can add more services to meet those growing needs. Imagine if you had an internal accounts department. You have a Financial Controller € 60,000 per year. You have a bookkeeper € 25,000 per year. You have an external accountant € 5,000 per year. Annual cost of having an inhouse accounts € 90,000 per year. Outsourced Finance Function € 4,000 per month Click the link in the comments to book your Discovery Call. #bluestoneaccounting #virtualfinancefunction #outsource #trustedadvisor #buildingbetter #yourfinancefunction #digitalaccounting
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