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Socomec is a global specialist in the availability, control and safety of low voltage electrical energy

Socomec is a global specialist in the availability, control and safety of low voltage electrical energy

Why hire our Virtual CA's?🤔 We're experts at this incredibly difficult process. It will be a better experience, with a better team member, and a better business. Experience the Chiromatchmakers' difference! Visit https://lnkd.in/gcecAtVA for more details💻 #virtualassistant #chiropracticadjustment #businessgrowth #timemanagement #stressfree #CMMVCA #chiromatchmakers

There are so many benefits to hiring a Finance Director and ultimately, they’ll give you the strategy and support you need to move forward with your business. However, there are some common mistakes SME owners make when it comes to hiring for this role. In this article, we’ll explore what those mistakes are and help you understand how you can avoid them: https://lnkd.in/eqvvQgyU

I am pleased to share a consultancy opportunity to support Tearfund's research on grassroots groups’ access to finance mechanisms for international agreements. The consultancy task comprises two phases: Research into finance access for grassroots groups, and developing policy asks. For more information please review this link: https://lnkd.in/evwU8wqy Alternatively contact my colleague sophia.gladstone@tearfund.org for more information. #Tearfund #policy #consultancy #financemechanisms

There's a common perception that bigger is ALWAYS better, but I disagree. It really is all about how you use it. *cough cough* No not like that you dirty bugger! The finance department. How you USE the finance department. So question for you… Does your finance department leave you feeling satisfied? 😉 The finance department isn't a revenue generating team so to get the best ROI you need to keep it lean. Therefore throwing headcount at it and hiring a:  → Finance Director at £70k,  → Finance Manager at £35k & a → Bookkeeper at £25k May look impressive in size, really is total overkill when it comes to satisfying your agencies financial needs. What do I mean? 👉Expensive. An internal team could cost you around £140k, plus national insurance, pensions and training. 👉Inflexible. An in-house team can’t quickly scale up or down, plus you have to hire multiple roles to get the varied expertise in. 👉Underutilised. Those are some serious skillz you’ve just hired. Are they going to have enough to do? How will they progress? 👉Difficult to let go. Once you’ve hired your finance team you can’t just fire them if you get quiet. They’re a long term commitment. On the other hand, only having an external accountant at £2k per year will leave you feeling dissatisfied, lonely and wanting more. So what am I suggesting your finance department looks like? All of the combined expertise of the internal team, plus your accountant, combined into one flexible outsourced powerhouse at a fraction of the cost.   Our small but mighty team overdelivers and helps your agency have: 👉Healthy profit margins. Every. Single. Month. 👉Confidence in your cash flow. Never worry about making payroll again. 👉A 12 month achievable and actionable financial plan so you can achieve your dreams. 👉Creative headspace so you can work inside your zone of genius. Proof that bigger ain’t better babyyyyyy. 😉 PS - Think of the extra creatives you could hire with those smashing savings. Kerrrching. PPS - If you’d like a finance team who knows how to maximise their ROI, despite being on the smaller end DM me “PARTY SAUSAGE”. 🌭

This CFO hired 3 Financial Controllers in 12 months. But None of them lasted. (Here’s what went wrong) Met a frustrated CFO this month. Brilliant strategist. Great with investors. Crushing the fundraising game. But they had one big problem... They couldn't keep hold of a financial controller. They hired 3 controllers in twelve months. Each looked perfect on paper, but none of them worked out. We had a long chat, and I tried digging deeper into the day-to-day Very quickly, we came to this conclusion… They kept hiring mini-CFOs. People who: - Loved high-level strategy - Wanted to work on fundraising - Dreamed about M&A But that's not what the CFO needed They needed someone who… - Lives for process building - Gets excited about month-end close - Dreams in Excel formulas - Makes accounting their religion So they can focus on needle-moving activities Like the next funding round and strategic partnerships Great reminders for CFO’s… You don't need another visionary. You need someone who loves the details and builds the systems that you need.

If the CFO can't do financial controls and doesn't have CFA/CIMA certification, for whom was he/she hired in the first instance? I have seen BCom or BA graduates are CIO/COO; basically the company needs someone close to the CEO, and then he/she will hire people to do the CIO/COO's job, and he/she will keep the designation as a status quo's and get their big paycheque. He/she will attend events and take all the credits that his/her team is doing, and that's the truth of this world, like "Ms. Sharaf."  We need the qualified and deserving people to hold their position, not a proxy executive. The whole industry culture needs to be changed. DO YOU AGREE?

What a great example of building the best team requires diversity. Research consistently shows that building diverse teams leads to increased innovation, better problem-solving abilities, and improved performance compared to homogenous teams. Don't hire people with the same strengths as you! Hire people who complement you in the areas you need to improve!

“🚀 Attention all businesses gearing up for the end of the financial year! Feeling the pressure of deadlines looming and tasks piling up? Don’t let the workload overwhelm you. Consider hiring additional staff to lighten the load and ensure a smooth transition into the new fiscal year. Whether you need extra hands for accounting, administrative tasks, or customer support, we’ve got you covered. 💪 Our team of skilled professionals is ready to step in and support your business needs, allowing you to focus on what matters most – driving success and growth. Don’t let the stress of EOFY get the best of you. 🎯 Reach out today and let us help you navigate through this busy period with ease. Time is ticking, ⏰ so act now to secure the assistance you need to finish the financial year strong! 💪”