Bookkeeper, financial controller and finance director services can all be vital to the financial health of a business. This is EFM’s summary of what they do and how businesses can benefit – and avoid the common mistakes. Get in touch to find out more about how EFM can give your company the financial guidance it needs on a flexible pay-as-you-go basis.

1. Finance Director Finance Controller Bookkeeper
What they do? • Supports a business by
overseeing and implementing
the financial strategy
• Controls key financial matters
and risk
• Supports the management
team and Managing Director
• Responsible for supervising the
quality of accounting and
financial reporting within a
business
• Records a business’s financial
transactions and brings the
books to the trial balance stage
The benefits? • FDs help enhance profit
margins, provide strategic
support and assist with
business planning, funding
proposals and other key areas
that affect profitability and
cash flow
• A good FC will deliver financial
efficiency and will be able to
recommend new processes
and systems to achieve this
• Well-managed books have a
positive knock-on effect on all
levels of a business and a
qualified bookkeeper will
deliver accurate records and
on time
Be aware… • The FD’s role is not a passive
one; your business views and
opinions might be challenged!
• FCs are not ‘senior managers
with accounting experience’…
they are financial experts and
will ensure a business passes its
financial health check, with
robust procedures and controls
put in place
• Appointing an underqualified
individual to keep your books
could lead to inaccurate
records and penalties, and the
need for expensive resource to
correct any problems
FD, FC, Bookkeeper: An EFM guide to the benefits for businesses