A contractor accountant is a precious asset of a company not only because he helps in keeping accounts saving time and money, but also because he gives tax legislation and IR35 advice as well as helps giving fruitful suggestions. There are many accountants easily available if you search online. Online accountants can help you with the guidance regarding tax returns and VAT. But finding a reliable, hard working and trust worthy contractor accountant is a difficult task. You just can't select anyone without checking his qualities. You need to ask him a few questions and get a suitable amount of information about him before hiring him in your accompany. So let us have a look at some of the points that you should consider while selecting one and some of the tips. Here we go...
1. What qualification and certifications does he hold?
Before hiring, you should know about his qualification and certificates from which you will come to know about his talents and skills. It is obvious to check out if he is good at mathematics. That is the first condition; if he is not good at maths, he should not be hired at any cost.
2. How much experience does he hold in the market?
The more number of years of experience, the better accountant he is. So, it will be good if he has a considerable amount of years of experience.
3. What were his responsibilities at the previous work places?
If his job roles and duties at his previous work place is similar to what you need, then he will be easily absorbed into your company.
4. How much salary does he expects for his package?
It is always advisable to know the amount of fees he is expecting for the services he is providing. So, ask him the fees and also that what services he will provide at that cost.
5. When does he want his payment and in which form does he want?
Ask him when he will want his fees; weekly or monthly. Also, ask if he wants it in the form of cheque or cash.
6. Is he a specialist?
Ask him if he is a specialist in his work and also ask if he has knowledge about tax planning and IR35.
7. Is he aware about using the latest tools and technology?
The accountants do not use books, pen and paper anymore. Those days are gone when people used to do that. Nowadays they use different tools to work. So, ask him if he is aware about those tools and latest technologies.
8. What kind of reputation does he have in market?
Ask him to give you few references or the contact details of his past employers or clients. Speak to them and ask about their experience in working with him. If you get a positive feedback, then you might believe that he will be good at work.
I hope the above listed tips help you to get the right contractor accountant who can contribute to take your company to the next level. Good luck!
1. What qualification and certifications does he hold?
Before hiring, you should know about his qualification and certificates from which you will come to know about his talents and skills. It is obvious to check out if he is good at mathematics. That is the first condition; if he is not good at maths, he should not be hired at any cost.
2. How much experience does he hold in the market?
The more number of years of experience, the better accountant he is. So, it will be good if he has a considerable amount of years of experience.
3. What were his responsibilities at the previous work places?
If his job roles and duties at his previous work place is similar to what you need, then he will be easily absorbed into your company.
4. How much salary does he expects for his package?
It is always advisable to know the amount of fees he is expecting for the services he is providing. So, ask him the fees and also that what services he will provide at that cost.
5. When does he want his payment and in which form does he want?
Ask him when he will want his fees; weekly or monthly. Also, ask if he wants it in the form of cheque or cash.
6. Is he a specialist?
Ask him if he is a specialist in his work and also ask if he has knowledge about tax planning and IR35.
7. Is he aware about using the latest tools and technology?
The accountants do not use books, pen and paper anymore. Those days are gone when people used to do that. Nowadays they use different tools to work. So, ask him if he is aware about those tools and latest technologies.
8. What kind of reputation does he have in market?
Ask him to give you few references or the contact details of his past employers or clients. Speak to them and ask about their experience in working with him. If you get a positive feedback, then you might believe that he will be good at work.
I hope the above listed tips help you to get the right contractor accountant who can contribute to take your company to the next level. Good luck!