What is outsourced management accounting?
Ongoing, hands-on financial management from an experienced professional who joins your business: attending your meetings, understanding your numbers and producing reporting that helps you run the business, not just stay compliant.
A bookkeeper records what has already happened. A management accountant interprets it, showing what a rising overhead means for next quarter or what a slipping margin means for pricing.
Our management accounting services
Management accounts
Profit and loss and balance sheet reporting with commentary, on a schedule you can plan around.
Budgeting and forecasting
Realistic budgets and rolling forecasts to measure performance against.
Cash flow monitoring
Ongoing visibility of cash so funding gaps are flagged early.
Performance reporting
Clear explanations of where actuals diverge from budget, and why.
Overhead management
Regular reviews to catch creeping overheads before they erode margin.
KPI analysis
Tracking the metrics that matter most.
Systems implementation
Setting up or optimising Xero, QuickBooks or Sage so your data is clean and usable.
Year-end preparation
Getting your numbers ready, liaising with your external accountants or auditors.
Stakeholder reporting
Board packs and investor updates that present your numbers credibly.
How it works
Enquiry
Tell us what’s missing from your current reporting.
Free consultation
We learn about your business and systems.
Tailored proposal
A clear scope and pricing.
Onboarding and integration
We join your team and systems, typically delivering first accounts within four weeks.
Ongoing support
Regular reporting and periodic reviews.
Outsourced versus permanent hire
| Factor | Permanent hire | Outsourced management accountant |
|---|---|---|
| Annual cost | Salary, NI, pension, benefits and recruitment fees | One predictable fee, scaled to need |
| Flexibility | Fixed hours regardless of workload | Scales monthly or quarterly |
| Onboarding time | Weeks to months | Typically under four weeks to first accounts |
| Continuity risk | Exposed to turnover, holidays and sickness | Backed by a team, not one person |
| Expertise | One person’s experience | A broader team’s combined experience |
FAQs
Frequently asked questions
What does a management accountant do?
Prepares and interprets financial information for day-to-day decisions: monthly accounts, budgets, forecasts, variance analysis and KPIs.
How much does it cost?
It depends on scope and days needed each month, but is usually significantly cheaper than a permanent hire once all employment costs are included.
Can you work with my existing software?
Yes, including Xero, QuickBooks and Sage.
Do I still need a separate accountant for year-end and tax?
Often, yes. We work alongside your accountant and liaise with them on statutory filings.