Financial & Management Reporting
Choosing to use a cloud based accounting system, like XERO, provides you access to information, whenever you need it, wherever you are in the world. With 24/7, read only access available on any electronic device, you can review the financials and the performance of your UK operations on-the-go.
Each month your dedicated financial controller will provide you with a profit & loss statement, balance sheet, along with a copy of the accounts payable and accounts receivable for your UK business, providing you an overview of financial standing of your UK business.
These reports will provide a snapshot of your companies performance, and when you are ready to, your Financial Controller can scale up to more bespoke management reporting for you.
A general ledger represents the record keeping system for a company’s financial data with debit and credit account records.
No matter how the company is set up across the Nordics, Europe or internationally, you will need to carry out inter-company reporting to the wider group. This is especially the case for those companies who need to report separately, for example, in a subsidiary.
Some of our clients are happy to receive standard financial reports on a monthly basis, where others have more detailed and bespoke reporting requirements. For many of our clients we report to strict deadlines (such as working day 2 or 3) using their departmentalised templates – this is often the case when the client is listed back in their home country.
As our CFO, Kevin’s role is to oversee the teams that manage the delivery of fully compliant financial processes for our clients, as well as for advising them on the decisions that will help drive their businesses forward. He is responsible for the Financial & Payroll departments across both the London and Warwick offices.
The Tools We Use
Xero – Accounting software for small businesses
Pleo – Smart payment cards with automated expense reports
Expensify – One-click receipt tracking and expense management