Independent Executives & ConsultantsBackgroundWhether you wish to employ a bookkeeper, accountant or some other executive, accountants& bookkeepers are now required to operate in a more professional way. The increasingdemands of compliance and the increasing responsibilities, some criminal, placed onmanagement below director level, mean that accountants within an office, need to maintain alevel of continuing professional education in order to keep pace and protect the business fromthe many liabilities that may confront it. Indeed bookkeepers have now been bought under theTax agent lodgment system in order to lodge BAS independently, with all its requirements.To achieve this increased professional requirement has necessitated a sharing of theirexperiences amongst their peers, and maintenance of some independence, in order to advisethe business, unfettered by the internal influences that can beset an employee. This has madethe role attractive to the professional who expanded their reach over the past decade toservice the Small Medium Enterprise ‘SME’ on a consulting basis.It is a trend that will only increase over time as both the executive and the client business wantit and government is requiring it.Most companies would like to hire an experienced accountant as their bookkeeper to guidethem, but employment responsibilities & lack of independence have been an impediment. As aconsequence, businesses have suffered from a lack of timely financial information and goodadvice.We understand the needs of the business and the professional accountant as we have beenassisting businesses like you for decades.We support our team of consultants with training and administrative support. They workthrough our company direct to you the client. We also provide resources they can deploy withyou to make a substantial difference to your results and their performance. This allows them toconcentrate on providing the best service to you.Our consultants are experienced Chartered Accountants & CPA’s who seek a role with you toprovide them with a variety of experience, independence, autonomy, and the challenge ofbeing a consulting professional. We know that having a person with the right experience andqualifications in these positions will make or break a business.Benefits to your Business • Membership of professional bodies such as the Institute of Chartered Accountants, Society of CPA’s. • Experienced in private practice, or as a business executive.
• Independent & self reliant • Able to introduce change management to keep pace with business innovation • Confidence to make a decision and move a business forward • Professionally rewarded by seeing the improvements they bring to a business • A Pride in their work far exceeding that of a traditional employee. • Supported by Chartered accountants with knowledge management • Team of professionals resources for most technical issues that confront a business • All for the same cost. • You Team is immediately improved with the experienced financial consultants who will stick at it to make your business grow and succeed. • They can be engaged permanent or temporary say 2, 6 or 12 months and say, one, two or three days a week. • You have none of the onerous employment responsibilities. • We train & update to keep your consultant the best • We can document your business procedures to ensure you stop losing tribal knowledge • Our consultants meet high standards of education & experience and continually maintain their professional education for b40 hours per annum. • We provide your consultant with personal administrative support so they can concentrate on you. • We provide a massive resource that your executive can draw upon to improve your business. • Having an experienced & qualified accountant in-house will save you expensive fees to an external practice accountant. • Your standing & negotiating ability with your business relationships with the tax office, banks, lawyers and suppliers will go up a notch. • Your staff will be motivated by their leadership & example.Why 1300bpo?Our principals are Chartered Accountants with commercial & private practice experience. Weunderstand your needs and what and who it takes to satisfy them.Candidates to choose from.Range of skills to choose from to fulfill multiple disciplines.No full-time cost and not necessary to be permanent to attract the right person. TheConsultants are content with a part time or project basis.Experienced & qualified personnel.Multiple Resources available.No Employment hassles of payroll administration, redundancy, wrongful dismissal and manyother employment related issuesAvailable for part time, full time, or project needs.Coverage available for holidays.To chat about our Independent Executives or Consultants. Enquire NowTo chat about joining our Consulting Team. Contact Us
Executives & Consultant’s skillsAccountingManagement of accounting staff including payrollFinancial process & procedures design & maintenancePolicies design and managementAccounting software maintenanceTreasuryCost accountingAsset ManagementBusiness acquisitions & divestment analysisOrganising finance e.g. bank lending, factoring & leasing.Due diligenceManagement of asset & business disposalsSuccession planning adviceBusiness relationshipsbankers, external auditors, advisers, taxation authorities, insurers, lawyers & professionalaccountants.Cash ManagementCash flow managementDevelopment & implementing internal controlsFunding & bank ManagementContract ManagementContract negotiationsEmployee contractsClient contractsSupplier’s contractsFinancial ManagementStrategic business adviceFinancial market analysisManagement team contribution and membershipInformation ManagementProvision of financial and other information to the Management Team and/or Board ofDirectorsDesign and implementation of Key Performance Indicators (KPIs)Design & Implementation of Key Workflow Indicators
Profit ManagementProfitability analysisBusiness improvement adviceCost cutting & controlBusiness process re-engineeringCompetitor assessmentReportingFinancial ReportingStatutory ReportingManagement ReportingKey Performance IndicatorsPerformance ReportingStock Exchange ReportingSchedulesAccountsTo shareholders, stakeholders, owners, government, bankers.Risk ManagementInsurance coverageWorkers compensationOH&SClaims managementRisk assessmentRisk managementStrategic planning & analysisPreparation of budgets and forecastsPreparation of Business PlansBusiness case analysisProject analysisTaxation Planning & ComplianceTaxation Planning of Income Tax, FBT, GST, payroll taxesInternational Tax Planning including transfer pricing.Taxation ComplianceRead morehttp://www.1300bpo.com.au/Services/independent_executives_and_consultants/independent_executives_and_consultants.htm
Frequently Asked Questions - IndependentExecutives & Consultants1. Will this suit my circumstances?The cost-benefits apply no matter what the size of your business. However the size of yourbusiness will dictate the frequency that you engage our executive and the necessary experiencelevel of the person involved.2. Are you recruiters?No. We manage and support a team of Professional Executives & Consultants and provide themwith the facilities to improve their capabilities and to make a significant impact to the benefit oftheir clients.However, if there is no one who meets your specific criteria, then we will actively seek them outon your behalf through our informal professional network, here & overseas. We supply ourconsultants to recruitment agencies to satisfy the needs of their clients, and work closely withthem to provide quality candidates.3. What do you charge clients for their services?A fee equal to the total salary package including on-costs is negotiated with the consultant andmay vary depending on their expertise.4. How do you choose your Consultant Team members?Those wishing to join provide their resume. We then check their references, educationalhistory, professional membership(s) details and those that pass are accepted into the team.5. What do they do besides consulting?It may vary from full time consulting, working in a private business, advising clients in anaccounting practice, or study.6. What is the process in getting started?You send an enquiry and set out some guidelines on the position, assignment term, rate andhours per week.We define the role with you & agree the Position DescriptionWe undertake a search of our Consultant Team member’s database and our professionalnetwork for suitable candidates.We check their availability and then provide you with a shortlistWe arrange the interview with youWhen you have chosen your Consultant, we assist in the documentation.After commencement, we provide administrative support & services to the Consultant and youwhere required.7. Do you have draft standard Position Descriptions to assist in finalising your specification forthe position.
Yes, we have a suite of drafts to get you started. We also give you access to our client portalwith 900+ documents to assist your business.1300bpo Consulting TeamOur Financial Consultants will generally have these attributes in common:Membership of professional bodies such as the Institute of Chartered Accountants, Society ofCPA’s.Experience in private practice or as a business executive.A need to be independentAn ability to introduce change management to their clientsConfidence to make a decision and move a business forwardProfessionally rewarded by seeing the improvements they bring to a businessHow does it workYou submit you resume in our Careers sectionWe check itYou & We agree to the terms & conditionsWe submit you for PositionsWe bill for your services usually monthlyWe pay you upon receiptBenefits to You the ConsultantWe market your servicesWe provide you with unparalleled depth of resources, business stationery etcWe support your independence, skills & actively assist youWe collaborate to improve your professional standingWe will improve your abilities & provide a team to help youWe increase your incomeOpportunity to work from homeYour commitmentEverything you do is through 1300bpoTo continually mentor at least one person in the team until they are fully occupied and then move to help another new consultantTo market our services wherever possibleTo introduce new members to the teamTo contribute to improving the knowledge base of the TeamTo assist team members with their clients, where you have specialist expertise.To cover and reciprocate covering members for leaveRead morehttp://www.1300bpo.com.au/Services/independent_executives_and_consultants/independent_executives_and_consultants_faq.htm