BRINGING FINANCIAL CONTROL TO YOUR GROWING BUSINESS

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Hayley Chiba Qualified Financial Controller

 

Hi I'm Hayley Chiba and I am a Qualified Financial Controller for Small Businesses.

I can help you get back financial control of your business.

If you have experienced high growth, it's likely that your financial processes are no longer sufficient to give you the visibility you need.

I will help you implement and standardise these Core Financial Processes.

Enabling  your business to continue to grow.

Giving you the confidence you need to make quick decisions, based on the hard numbers.

 

 

If you are an ambitious Business looking to access Financial Controller expertise, give me a call today. 

 

What Management Information does my business need to ensure it grows both profitably and sustainably?

As a minimum you should be able to produce monthly management accounts by the 15th of each month. You will also need to have in place an operating budget which reflects your growth strategy for the next 12 to 24 months. In order to help you achieve your short and medium term goals, you will need to have agreed KPI's to help you measure and track progress

What Financial Resources do I require?

This all depends on quickly you are looking to grow. However as a broad rule, upto £0.5m turnover, a Bookkeeper should be sufficient. After this I would suggest you would require some form of part qualified accountancy resource to be included in your Finance team. ( either ACMA or CIMA Qualified). Many Businesses start with an admin or office manager whoes role also includes the bookkeeping duties. Bookkeeping will dramatically increase as your business grows. As the number of transacations increase, the complexity will increase. It is important to be able to recognise when you have outgrown your existing bookkeeping resource.  

What does a Financial Controller Actually Do?

1. Ensuring your Finance Resource is deployed in the most efficient and effective way

As a Financial Controller working part time in your business, I can provide training and direction for your Finance/admin staff.

My Financial Controller expertise will help improve the effectiveness of your bookkeeping resource. I implement, standardise and improve the core financial processes including

  • Credit Control
  • Sales Ledger management
  • Purchase Ledger management
  • Balancesheet control account reconcilliations
  • Accruals and Prepayments
  • Vat Accounting

 

2. Ensuring Your Business Grows Profitably

I will simplify and demystify the financial numbers. Providing you with  simple metrics and measures. These will ensure that as your turnover grows, so does your profit line. Whenever you have a key growth decision to make, whether this is increasing staff, investing in assets or pricing for a new type of customer, I will provide you with the vital numbers you need to make these decisions. I will also build many of the forward looking numbers you require in order to forecast your financial position in the periods ahead.  These include producing

  • Cashflow Forecasts 
  • Operating Budgets
  • Latest Views and Profit Forecasts
  • Scenario planning, looking at most likely, worst case and base case outcomes.
  • Pricing models

 

3. Ensuring you have Access to Financial Controller Expertise 

When your business is growing there will be times when you just need to bounce a new idea or discuss a particular aspect of your business. You can access my knowldege and expertise, opinions and recomendations through phone calls and emails when you need it. Having a qualified Financial Controller working part time in your business, means that you only pay for the time you need. This may be from 1 day a month upward. This access can be tailored to both your business need and budget.,

Having me as part of your team means that you can  grow with confidence, less stress and more certainty.

Give Me A Call Today Ring 07 904 804 932 Email: Hayley@Betternumbers.co.uk