Finance Function

Your finance department, without the hiring.

Name: Zuizz Finance
Address: 167-169 Great Portland Street, Fifth Floor, London, W1W 5PF, GB
Telephone: +44 20 7164 6601
Price range: ££

Everything from the first sales invoice to the year end accounts, run for you on one fixed monthly fee, with senior oversight and a month end that lands in five working days.

Book a free 30 minute call →What is included

Who it is for

Businesses that would rather not hire a bookkeeper or controller again

From around £1m to £20m turnover. If a few of these ring true, the Finance Function usually costs less than the next hire and removes the next resignation.

✓The bookkeeper has resigned again and the month end has slipped to week three.
✓You cannot find a controller, or the ones you can find cost more than the role is worth.
✓The management accounts arrive late, or nobody reads them when they do.
✓Cash is a surprise every month even though the business is doing well.
✓The year end is a scramble because the ledgers were not kept clean during the year.
✓You want one team that stays, rather than a succession of people who learn the business and leave.

What is included

The whole department, on one fee

Scoped to your volumes, entities and systems, and agreed in writing before anything starts.

Sales and cash in

Invoiced, chased, allocated

Sales invoicing, credit control and cash allocation, so the money you have earned arrives when it should.

Purchases and cash out

Approved by the right person, paid on time

Purchase ledger, supplier payment runs and expenses, approved by the people who ordered the work, in the week it arrives.

Payroll, pensions and VAT

Run, reconciled and filed

Payroll and pensions run on time and reconciled on the day, VAT returns prepared and filed without a reminder.

Month end

Five working days, every month

Daily bank reconciliations, accruals and prepayments on a rolling schedule, and management accounts with commentary in a pack your board will read.

Cash flow and forecasts

Thirteen weeks ahead, updated weekly

A thirteen week cash flow, budgets and reforecasts, and the lender or investor pack when you need one.

Year end, tax and audit

Nothing rebuilt at the last minute

Statutory accounts, Corporation Tax, Companies House filings and the audit if you have one, with a senior person who knows your business on the phone and in the room when it matters.

Hire or outsource

The two columns, side by side

The numbers for a financial controller on £70,000. Change the assumptions and the shape stays the same.

Hire a financial controller

Salary£70,000

Employer’s national insurance at 15 percent above £5,000£9,750

Pension contributions, about£1,900

Recruitment fee at 17.5 percent£12,250

First year£93,900

Each year after£81,650

Plus three months to find them, holiday and sickness to cover, and the next resignation.

Finance Function

Fixed monthly fee, from£1,500

A year, depending on volumes£18,000 to £36,000

Recruitment fee£0

Absence and notice periodsNone

Senior oversightIncluded

Month endFive working days

The assumptions are shown so you can change them. Your own figure comes from the questions on the call.

How it starts

Running within a month

Week one

Access to your systems and bank feeds, the volumes confirmed, and a plan agreed in writing.

Weeks two and three

The ledgers caught up and reconciled, then your first month end on the new five day timetable.

Week four

Your first management pack and thirteen week cash flow. From then on the rhythm runs itself.

Questions

Asked on most first calls

Yes. An accountant keeps you compliant, with the accounts, tax and VAT filed on time. The Finance Function is the whole department run for you day to day, from sales invoicing and supplier payments to the month end, cash flow and board pack, with the compliance included.

From £1,500 a month, fixed, paid by direct debit. The fee is scoped from a short list of questions about your volumes, entities and systems and agreed in writing before anything starts, then reviewed once a year.

Businesses from around £1m to £20m turnover, owner managed or investor backed, that would rather not hire a bookkeeper or financial controller again.

Within a month. Week one is access and a written plan, weeks two and three catch the ledgers up, and week four delivers your first management pack and thirteen week cash flow.

A senior person who knows your business, on the phone the same working day and in the room when it matters, with a dedicated team behind them doing the daily work.

What it costs

From £1,500 a month, fixed

Priced from a short list of questions about your volumes, entities and systems, agreed in writing, paid by direct debit and reviewed once a year. Move to one of the plans if the business changes, with no penalties.

Book a free 30 minute call →Send us a question in writing

Let’s talk

Tell us about your finance function

Book a free 30 minute call, or send us your question in writing and we reply the same working day.

info@zuizz.co.uk +44 20 7164 6601

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