Numeris Consulting is your Recruiter for Experts in Accounting and Bookkeeping

At Numeris Consulting, we pride ourselves on our deep understanding of accounting and bookkeeping, which enables us to identify and recruit exceptional talent for our clients. With our extensive experience in the financial and real estate sectors, we are well equipped to find professionals with the essential skills and qualifications to navigate the complexities of these industries.

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Bookkeeping vs. Accounting: What's the Difference?

When it comes to financial management, these two key terms are often used interchangeably: bookkeeping and accounting. While they may have some similarities, there are also some key differences between the two.

Bookkeeping focuses on organising and recording financial data, such as income and expenses, into the appropriate accounts. Accounting goes a step further and involves the interpretation and presentation of that data to business owners and investors. Essentially, bookkeeping is the process of gathering financial information, while accounting is the process of analysing and using that information to make informed decisions.

Knowing the difference between bookkeeping and accounting is crucial for businesses looking to stay on top of their finances and make informed decisions.

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Importance of Accounting and Bookkeeping in Business

Accounting and bookkeeping play a crucial role in the success of any business. Accurate and timely financial information can help businesses make informed decisions, spot potential problems, and plan for the future. Without proper accounting and bookkeeping practices in place, businesses run the risk of making costly mistakes, such as overspending or underreporting income. Additionally, accounting and bookkeeping are necessary for maintaining compliance with tax laws and regulations.

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Our Expertise in Accounting and Bookkeeping

Our expertise in accounting and bookkeeping is supported by the diverse experience of our team, which has worked in financial institutions and companies in the real estate industry, among others. Thanks to this background, we know how important certain skills are when it comes to selecting top-notch accounting and bookkeeping professionals.

Technical Skills

We understand that a strong foundation in accounting principles and practices is vital for professionals in this field. Our expertise in identifying and evaluating candidates extends to the following technical skills:

• Financial reporting and analysis: We assess candidates' ability to prepare, analyse, and interpret financial statements, including balance sheets, income statements, and cash flow statements.
• Budgeting and forecasting: We evaluate candidates' experience in creating budgets, monitoring financial performance, and providing forecasts to guide decision-making.
• Tax compliance and planning: We ensure that candidates are well-versed in tax laws, regulations, and filing requirements, as well as tax planning strategies that minimise liabilities and maximise savings.
• Internal and external auditing: We identify candidates with experience in both internal and external audits, ensuring compliance with accounting standards and regulations.

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Staying Ahead in the World of Accounting and Bookkeeping

We also stay abreast of the latest trends, developments, and innovations in the field, allowing us to effectively identify and recruit professionals who are well-prepared for the challenges and opportunities of the modern business landscape. In recent years, the industry has seen a significant shift towards cloud-based solutions, which allow businesses to access and manage their financial data from anywhere. Here are some interesting industry insights of the world of accounting and bookkeeping:

The Growing Importance of Technology

The adoption of advanced technologies in the accounting and bookkeeping field has transformed the way professionals work, streamlining processes, and improving accuracy. We understand the significance of technological fluency in today's business environment and identify candidates proficient in using various accounting software, such as NetSuite, Xero, QuickBooks, and Sage, as well as those with experience in implementing and utilising emerging technologies like robotic process automation (RPA), artificial intelligence (AI), and data analytics.

Focus on Cybersecurity and Data Protection

As accounting and bookkeeping increasingly rely on digital platforms and tools, ensuring the security and privacy of financial data is a top priority for businesses. Due to our expertise in this area, we are looking for candidates who are familiar with cyber security best practices, risk management and compliance with data protection regulations such as the General Data Protection Regulation (DSGVO) and (GDPR) and the UK Data Protection Act.

Evolving Regulatory Landscape

Staying compliant with ever-changing accounting and tax regulations is an ongoing challenge for businesses operating in the finance and real estate sectors. Numeris Consulting remains up-to-date on regulatory changes and developments, ensuring that we recruit professionals who can effectively navigate and adapt to new rules and guidelines.

The Shift Towards Sustainability and ESG Reporting

Environmental, social, and governance (ESG) factors have become increasingly important in the world of accounting and finance. Investors and stakeholders are calling for more transparency and accountability in relation to ESG performance, as this will also increasingly determine the value of the company in the future. We recognise the growing need for professionals skilled in ESG reporting and familiar with sustainability accounting standards, such as the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).

The Value of Soft Skills

While technical expertise is undeniably important in the accounting and bookkeeping field, soft skills are increasingly recognised as valuable assets for professionals in these roles. We place significant emphasis on evaluating candidates' soft skills, including communication, collaboration, problem-solving, and adaptability. These skills are essential in navigating complex business environments, building strong relationships with clients and colleagues, and effectively managing change.

Our comprehensive understanding of accounting and bookkeeping, combined with our dedication to staying informed on industry trends and developments, sets us apart as experts in finance and real estate recruitment. Our ability to identify and recruit top talent in these fields ensures that our clients receive the highest level of service and the best-suited professionals to support their business success.