Top Five Things To Look For When Hiring A Staff Accountant
To ensure the growth of a business enterprise and its compliance with regulations and laws, it is essential to record and evaluate its financial transactions accurately. However, handling your own finances without proper knowledge of various accounting rules and methods can be stressful and challenging. By hiring a staff accountant to help you with compliance, bookkeeping, and tax management, you can ensure efficiency and dedicate yourself to focus on the growth of your business.
Moreover, staff accountants can help you in achieving your financial goals and objectives faster by helping with budget planning and eradicating unnecessary expenses. Their judgment and work will make a significant impact on your company’s financial policies and strategies, making it imperative that you hire competent and dedicated professionals.
If you’re looking for a professional who is equipped to handle your company’s finances, we have compiled a list of the top five things to look for when hiring a staff accountant.
When hiring a staff account, you need to choose someone who is qualified by a nationally recognized institution. Someone who is educated in the fields of financial accounting, business management, and taxes, will not make errors in bookkeeping and will keep the company compliant.
Business management services like QuickBooks offers accounting and bookkeeping tools, while Sage helps in project management. An accountant who has hands-on experience of accounting software will be able to work more efficiently. In addition, an accountant with the knowledge of the Income Tax Act is less likely to make errors when filing income tax or managing income-tax refund.
Whether it be human resource management, planning, production, or marketing, the accounting department is connected to all the other departments in some way or the other. If any of these departments require any recorded data, then they have to seek the help of the staff accountant. A cooperative staff accountant is approachable and easy to work with and will listen to the needs and requirements of other department employees and provide them with the needed data.
To provide quick results and ensure the smooth functioning of the organization, it is essential that they are available to handle the accounting solutions, as and when needed. Moreover, glitches in tax liability and compliance can be stressful for the management of a company and must be addressed quickly.
5. Communication skills.
Considering that an accountant will suggest changes in planning and various functions of a company to ensure efficiency, they must effectively communicate them. Someone with excellent communication skills will be able to deliver the reports and point out shortcomings to both employees and management.
If you’re looking for Chartered Professional Accountants in Victoria, BC, reach out to Schell & Associates. We offer accounting, bookkeeping, and tax services for individuals and small businesses and are committed to accountability, quality, and ethics. We offer close to three decades of accounting experience and serve clients across Victoria, Duncan, Sidney, Nanaimo, Vancouver Island.