Mark Hammond, MBA’s Post

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Many property management companies think that hiring an accountant is all they need for financial oversight It’s not. Here’s the difference: A 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐭𝐞𝐚𝐦 is like having an in-house financial department—minus the cost and hassle. They’re dedicated to fuelling your growth, optimising your systems, and fully managing your financial landscape 𝐖𝐡𝐚𝐭 𝐚 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐓𝐞𝐚𝐦 𝐃𝐨𝐞𝐬 𝐟𝐨𝐫 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 💸 Manages payroll for your staff 🧾 Handles rent collection and supplier payments 💰 Keeps your cash flow steady, even with seasonal fluctuations 🕵️♂️ Identifies discrepancies in tenant payments and expenses 📊 Creates accurate, actionable budgets for property maintenance and growth 🧠 Helps you make smart investment and expansion decisions 📝 Provides monthly/quarterly financial reports and strategic planning insights 𝐖𝐡𝐚𝐭 𝐚 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐧𝐭 𝐃𝐨𝐞𝐬: Responds to your queries — when they have time Takes care of basic compliance but doesn't help you grow Answers your questions but doesn’t dive into the “why” behind them Sure, they manage payroll, transactions, and invoices—but that's the bare minimum 𝐓𝐡𝐞 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞? If you only need the basics, hire an accountant But if you’re ready to elevate your financial strategy and streamline your property management business, you need a virtual finance team Want to take your property management to the next level? Drop me a DM. Let’s talk #PropertyFinance #VirtualFinanceTeam #PropertyManagementSolutions

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30 Finance & Accounting Roles Ready to seize the moment? Whether you're at the beginning of your journey or ready to leap into a leadership role, this field promises not just a job, but a thriving career that can shape the backbone of global economies. Discover the Top 30 Finance & Accounting Roles that can skyrocket your career to unprecedented heights ⤵️ 🔹 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴🔹 Immerse yourself in the heart of financial operations, mastering the art of crafting financial statements and managing fiscal strategies. → Accounting Manager → Revenue Accountant → Financial Controller → Senior Accountant → Junior Accountant → Cost Accountant → Tax Accountant 🔸 𝗙𝗣&𝗔🔸 Become the navigator in a corporate sea, guiding financial projections and delving deep into significant margins and metrics. → Senior FP&A Manager → Financial Analyst → VP of Finance → FP&A Analyst → Data Analyst 🔹 𝗔𝘂𝗱𝗶𝘁𝗶𝗻𝗴🔹 Step into the shoes of a financial sentinel, safeguarding the accuracy and completeness of financial records. → Quality Assurance Auditor → Compliance Auditor → Forensic Auditor → Audit Manager 🔸 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆🔸 Shape the financial destiny of organizations, managing resources wisely and steering investments tactfully. → Capital Markets Analyst → Hedge Fund Manager → Investment Strategist → Cash Flow Analyst → Treasury Manager → Liquidity Manager 🔹 𝗧𝗮𝘅🔹 Become a custodian of tax compliance, steering organizations to fruitful horizons while adhering to laws and regulations. → Tax Compliance Specialist → Tax Strategy Manager → Tax Supervisor → Tax Specialist 🔸 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲🔸 Identify golden investment opportunities, orchestrating strategies that meet and exceed financial objectives. → Capital Budgeting Manager → VP of Capital Markets → Investment Banker → Valuations Analyst And then... the pièce de résistance: 💎 𝗧𝗵𝗲 𝗖𝗵𝗶𝗲𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗢𝗳𝗳𝗶𝗰𝗲𝗿 💎 The epitome of leadership, steering the financial helm with unparalleled foresight and acumen. I intentionally saved the best for last! Because who wouldn't aspire to be at the helm, as the invaluable CFO? 😌 These are just a handful of the countless roles you can aspire to conquer. Connect with me to unveil the roadmap to your dream role in the Finance & Accounting landscape.

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I talk a lot about finance and accounting misconceptions, especially when it comes to startups and SMBs. If you’re ready to build out your finance function, one of the biggest misconceptions is that you just need a specific role/person. So, you set out to hire... - a bookkeeper. - a CPA. - a CFO. - a controller. But this is a recipe for failure. Remember: there’s a reason that bigger, more successful companies build out entire finance and accounting TEAMS. Teams that are made up of MULTIPLE roles: bookkeeper(s), accountant(s), controller, financial analyst(s), director of finance, director of tax, and finally, a CFO. Why do you think that is? Each one of these roles plays a different (but critical) part in helping companies – not just check the box – but GROW. If big companies need that kind of finance firepower, then so do you (albeit on a smaller scale). If you want to grow a successful company, you can’t simply find one individual to do everything. You wouldn’t go to your primary care physician and expect them to perform open heart surgery. Don’t go to a bookkeeper and expect them to provide you with tailored financials, robust analyses/insights, modeling/forecasting, strategic advice, etc. You need a team. In the past, such a team was practically out of reach for most startups and SMBs, but the fractional model has changed that. There are now countless providers out there who can put a high caliber TEAM on your account, in a fractional capacity. If you need help finding one…cough…don’t hesitate to reach out.

#hiring Controller, Boston, United States, $150K, fulltime #jobs #jobseekers #careers $150K #Bostonjobs #Massachusettsjobs #Accounting Apply: https://lnkd.in/g75J5U57 CompanyA worldwide leader in endurance sports, Spartan is a high-growth, international organization that owns and operates mass-participation athletic events under the brands Spartan, Tough Mudder, Spartan Trail, Hurricane Heat, and DEKA, and offers numerous related fitness, health and nutrition services and products. We create transformational experiences, products, and content to help people, companies and teams tear down boundaries and expand what they believe to be possible. Together with its many subsidiaries and licensees, Spartan combines large scale global events with a vibrant digital content and community platform. With 250 events across more than 40 countries on six continents, Spartan is the worlds leading extreme wellness and endurance brand.Essential Duties/Responsibilities:Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.Develop sound and efficient accounting controls and processes for all accounting areas.Oversees AP, AR, month-end close and payroll.Protects assets by establishing, monitoring, and enforcing internal controls.Monitors and confirms financial condition by conducting audits and providing information to external auditors.Achieves budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.Provides status of financial condition by collecting, interpreting, and reporting financial data.Prepares special reports by collecting, analyzing, and summarizing information and trends.Complies with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.Ensures that all sales & use tax filings are completed timely and paid.Ensures operation of equipment by establishing preventive maintenance requirements and service contracts, maintaining equipment inventories, and evaluating new equipment and techniques.Completes operational requirements by scheduling and assigning employees; following up on work results.Maintains financial staff by recruiting, selecting, orienting, and training employees.Maintains financial staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results.Protects operations by keeping financial information and plans confidential.Reviews and approves bi-weekly payroll.Reviews and approves employee expense reports.Other duties as assigned.QualificationsDeveloping and managing processesNetSuite experience preferredexperience preferredDeveloping standardsAuditing, accounting, and corporate financeSales & Use tax experience preferredTracking budget expensesFinancial skillsAnalyzing informationPerfor

33 Finance & Accounting roles 👤 Finance & Accounting continues to be one of the most versatile fields... yielding incredible ROIs for anyone who decides to pursue a background in Finance & Accounting Here are a list of 33 roles spanning a a range of areas & levels of seniority across the profession ◼️ Accounting → Responsibilities include producing financial statements, and managing financial operations 1. Bookkeeper 2. Accounts Payable Clerk 3. Accounts Receivables Clerk 4. Payroll specialist 5. Senior accountant 6. Controller 7. Cost accountant 8. Financial systems analyst 9. Inventory specialist ◼️ FP&A → Responsibilities include providing projections, analyzing projections vs actuals, and drilling deep into margins & metrics 1. FP&A Analyst 2. FP&A Manager 3. VP of Finance ◼️ Auditing → Responsibilities include evaluating the accuracy & completeness of financial records, compliance, and relevant controls 1. Internal Auditor 2. Forensic Accounting specialist 3. External Auditor 4. IT Audit manager ◼️Treasury → Responsibilities include managing an organizations financial resources, monitoring risk, managing investments 1. Credit Analyst 2. Risk Analyst 3. Treasury Analyst 4. Chief compliance officer 5. Foreign exchange analyst 6. Corporate Treasurer ◼️ Tax → Responsibilities include ensuring tax compliance with tax laws & regulations, reducing tax liabilities, and providing tax strategies 1. Tax associate 2. State and local tax specialist 3. Tax director 4. International tax specialist 5. Tax attorney 6. Tax research analyst 7. Transfer pricing manager ◼️ Corporate Finance → Responsibilities include identifying investment opportunities and assisting with various financial objectives 1. Investment Banker 2. Head of Mergers & Acquisitions 3. VP of Capital Markets 4. Valuations Analyst And then ofcourse…there’s one more role - the grand daddy (or mommy) of them all… The Chief Financial Officer I had trouble putting this role in a specific area, since a Chief Financial Officer can have their hand in almost any of these areas, depending on the nature & size of the organization === Those are 33 roles that I’ve seen - there are countless more What would you add?

📌 Why Clean Bookkeeping Matters? 1️⃣ Foundation for Accuracy: Clean, organized financial records form the foundation for Accurate forecasting. Ensure your numbers reflect the true health of your business. 2️⃣ Facilitates Strategic Planning: Precise bookkeeping allows you to identify patterns and trends, aiding in strategic planning for the future. Make data-driven decisions with confidence. Hiring a Financial Consultant or Financial Analyst will be useless without having proper foundation. Never underestimate the power of Clean books! #bookkeeping #finance #accounting #bahrain