The role of an accountant in every business (large or small) cannot be overemphasized. The truth is that every organization requires the services of an experienced financial expert and accountant. Without this, it will be hard to track monies spent and expenses incurred. While it is crucial to have an accountant in your team, it is also disastrous to have an inexperienced or unqualified one. In no time, general ledgers will be a mess and accounting books will be disorderly. Therefore, it is expedient to exercise due diligence in hiring an accountant or financial partner for your business. A good accountant is a business advisor and a supporter of your business goals. Before you approach anybody for a vacant accounting position, you must do the following.
Understand your need: You have to first decide whether to hire an accountant for a full-time or part-time role. You must also decide if what you need is an internal or external accountant. All these depend on the volume of transactions you consummate and the profitability of your business because no accountant will work for free. If you do not consummate too many transactions, it makes no business sense to hire a full-time accountant. Having a part-time accounting expert who will come for book and journal review from time to time will be perfect. On the other hand, accounting is broad and different accountants have their strengths and area of expertise. While some are good at preparing tax figures, others are good at preparing payroll. Hence, your choice should be based on the unique qualities of your business and the strength of who you are employing.
Decide if the location is a factor: In the days of old, accounting was all about crunching numbers on paper. Times have changed and things are now done differently. Accountants can now work remotely from different locations by using different software. Hence, it is important for you to decide if you want an accountant who will resume with you at the office on a daily basis or otherwise. All in all, your decision must be made with the interest of your business at heart.
Make inquiries: After you must have decided what you want and the qualities you need in an accountant, the next step is to make inquiries and consultations. You may want to start by asking friends and allies for recommendations and suggestions. The internet is also there to help. You can take advantage of social media platforms such as LinkedIn to scout for quality accounting talents that match your requirements. After receiving applications, make a shortlist of the top candidates and those whose skill set will be beneficial to your business growth.
Prepare for an interview: You must conduct a comprehensive interview for all shortlisted candidates. An interview is important because of how sensitive the role of an accountant is. During the interview, ensure the right questions are asked. Questions should be based on requirements, qualifications, and qualities needed to thrive on the job.