Part-time Management Accountant

Your very own Financial Controller for as little as $12,000 pa - and no overheads.

Businesses are often founded by people who are experts in their product or service; but who are not so good at accounting and financial management, or the management of those people they employ to do the 'number crunching' for them.

If you struggle with financial management yourself, or if your external accountants can't seem to help you with the practical (almost daily) challenges of managing the money side of your business, and if you can't justify a full-time 'Financial Controller' position; then you could engage an Edensilk Management Accountant on contract, usually for about half a day per month, to take care of that side of the business for you.

Your Part-time Management Accountant from Edensilk would work with you on-site and/or on-call, in cooperation with any bookkeepers you may engage, and complementing the services of your existing external Accountants/Tax Advisors.

Yes it's true that Edensilk is also an accounting practice, and we do offer the services of our own team of mobile bookkeepers, and we also promote the use of particular accounting software packages; but this does not hinder us from acting as independent consultants so that we can offer advice which is in your best interests.  We understand that you can't change everything at once, and agree that it would be unwise to even try.

Our Part-time Management Accountant will occupy that important middle ground where critical business decisions are made and implemented.  We identify with you what needs to be done to give you the information you require to manage your business on an informed basis, first of all with your existing personnel and systems, and maybe later these will come up for review.

Understanding what's happening in your business as it happens means you make better and more timely decisions.

Your P/T Management Accountant from Edensilk can provide a number of beneficial services, only as needed, including:

• comprehensive audit and re-organisation of your financial and management reporting procedures and outputs

• accounting systems development; including review, selection, set up and training in required software applications

• regular production and interpretation of financial reports for improved profitability and equity growth

• review of pricing policies and margin management

• preparation and review of budgets and forecasts

• preparation and presentation of applications for finance

• selection and management of accounting personnel

• negotiations with auditors, lessors, solicitors, insurance brokers, etc

• liaison with your external accountants and bookkeeping personnel

• general advice regarding tax compliance and planning and asset/wealth protection

• credit control and cash/debtor management

• preparation of feasibility studies and scenario planning

• valuation of your own business, particular divisions, or potential acquisitions/mergers

• impartial advice regarding succession plans and exit strategies

Whether you are a small business with no accounting personnel, or a larger business with full-time accounting personnel who need management, as the owner or CEO you don't have the time or expertise to manage this increasingly technical yet important side of the business in addition to your many other responsibilities.

With our focus and experience we will achieve more for you in half a day per month than you could expect from someone who is only managing your finances 'on the side'.

Too many good businesses go under every year simply because of poor financial management.  Easily preventable problems such as inadequate working capital, or cash flow crises which, with the aid of proper financial reporting could be foreseen, and appropriate actions taken.

But more importantly, what opportunities are you failing to see and capitalise on because the financial management of your business is laborious rather than illuminating?

If you are thinking of appointing a new internal accountant or financial controller, or if you are spending too much time working on your books when you should be working on your business, we recommend you appoint us part-time instead.

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