Hire an Accounting Professionals to get through this EOFY
Shazamme System User • August 23, 2024
Hiring an accounting temp can be a beneficial strategy to help your business navigate the end of the financial year (EOFY). Here are 7 reasons on how hiring an accounting temp can assist your business during this period:
- Extra workforce: An accounting temp can provide additional resources and support to your existing finance team during the busy EOFY period. They can help manage the increased workload associated with financial reporting, reconciliations, and compliance tasks.
- Expertise and experience: Accounting temps often possess specialized knowledge and experience in financial reporting, tax compliance, and other relevant areas. They can bring fresh perspectives and insights to your business and help ensure that your EOFY processes are accurate and efficient.
- Flexibility and scalability: Hiring an accounting temp offers flexibility in terms of the duration and scope of their engagement. You can bring them on board for the specific period required, whether it’s a few weeks or a couple of months, and scale their involvement based on your business needs.
- Immediate availability: Accounting temps are readily available, allowing you to quickly fill staffing gaps or handle unexpected absences within your finance team. This ensures that your EOFY preparations and tasks remain on track and deadlines are met.
- Cost-effectiveness: Hiring an accounting temp can be a cost-effective solution compared to hiring a full-time employee. You can save on long-term expenses such as salaries, benefits, and training costs, especially if you only require additional support during the EOFY period.
- Knowledge transfer and upskilling: Accounting temps can share their expertise and knowledge with your existing team, contributing to their professional development. This knowledge transfer can help your internal team members improve their skills and gain insights into best practices in financial management.
- Focus on core activities: By delegating specific EOFY tasks to an accounting temp, your core finance team can focus on strategic activities and day-to-day operations that drive business growth. This division of responsibilities can enhance overall productivity and efficiency within your finance department.
We have several tried and tested temporary Accounting Professionals to help your business get through this EOFY. To book a temp today contact us at Norwest Recruitment on 8843 4111 or visit the Book a Temp page on our website.
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It’s definitely a funny old market. On one hand I’ve got a friend with a sizeable retail business telling me his last ad for casual workers attracted over 900 responses and then I’ve seen people come to us after having chronically unfilled job vacancies in their business costing them an absolute fortune in lost customers and reputation. Granted the casual workers aren’t the skilled labour market we work in but I’m not sure anyone could have guessed this shifting job market 6 months ago. Seek are quoting job ad numbers are highest since the Covid-19 pandemic and we’re definitely feeling it at Norwest Recruitment. Not all companies are thriving of course and my heart goes out to those but many are and recruitment plans for our clients in Western Sydney are pedal to the metal. So that means that skilled job seekers have choice. Not only are they a little gun shy at leaving the company that kept them through the tough times of Covid but they now have plenty of options. Their counterparts who were let go when Covid hit will also be wanting to make it into your shortlist. It’s going to take some due diligence to work out which one you want in your business. We all know the cost of a bad recruitment hire. One hiring mistake I’ve seen a few times in the last month may be because some hiring managers aren’t aware of the changed market conditions and are feeling over confident. Maybe they think there’s 900 skilled professionals applying for every job. Four times this month I’ve heard of offers to candidates being less than the salary they were represented at. What??? One thing I’ve learned in life – don’t mess with people’s salaries. It’s very personal and it’s often attached to their status and ego. We all live to our salary capacity. There usually isn’t any wriggle room to drop. Don’t mess with it. This is what happens next. You will not get another bite at that cherry. Don’t think for a minute you’ll be able to come up to meet their salary expectation once they’ve rejected your low-ball offer. It’s over. Very rarely have I seen job seekers accept the reduced salary offer. It’s a risky move. If they’re talking to another company you’ve lost them. Sometimes I’ve seen them decline and then accept the second higher offer. Sometimes. But here’s how that scenario plays out. It’s can be even worse than the jobseeker declining. They accept it. They accept it with a bad taste in their mouth and then keep their eye on the market and feelers out with recruitment agencies. As soon as a Recruiter represents another role to them they’re gone – two months into starting in the new job. It’s disruptive, costly and time consuming. Back to square one for you. So, recruitment 101 tip. Unless the job seeker doesn’t meet the job criteria and hasn’t got the right experience do not think this is a good time to save money. Don’t risk the best person in your shortlist going to your competitor. Here’s to attracting and retaining the very best people in 2021.  Written by Erica Westbury, Managing Director of Norwest Recruitment.
We are so proud of our Managing Director Erica Westbury who was acknowledged this month by Ross Clennett a leading industry commentator and influencer as one of 24 Outstanding Women In Our Industry You Should Know About. Click here to read more
