Table of Contents
Hiring and running remote finance and accounting teams: The Process
1. Determine the role
The first step is to determine what role you need to fill. Are you looking for someone who can handle bookkeeping tasks, or do you need someone who can help with accounting and payroll?
These are very different roles, so it’s essential to understand your needs before posting a job description.
Some examples of in-demand finance and accounting roles include:
-Bookkeeper
-Billing Clerk, invoice clerk, AR, AP
-Accountant
-Tax Preparer
For example, they may need to find someone with knowledge of the US tax system. The best practice would be to find somebody who either worked for a US accounting firm remotely or lived and picked up the US jurisdiction knowledge on-site. Moreover, if a company can provide qualified employees who are willing to be trained in an unfamiliar jurisdiction, this will be an additional plus for both parties.
2. Post and promote the job description
Once you’ve determined what role(s) you want to be filled in your company, post a job description that describes the position and who would be best suited for it—this will help attract candidates from all over the world who are interested in working remotely! BalkanHire makes posting and promoting your job description easy as ABC.3. Screening and conducting interviews
The next step is screening applicants and conducting interviews. Once a candidate has been selected, we can help with the screening and interview process. Our screening is curated to find only the best remote employees from the Balkans.4. Evaluating and hiring the best person for the job
This step is essential if you want to succeed long-term with your new hire. You’ve already done your research, found candidates and interviewed them, so now it’s time to decide who will best suit your company. What qualities are most important for this position? Is it someone good with numbers? Do you want somebody who thrives under pressure or gets bored quickly? Ask yourself if any of your current remote employees have those qualities — if so, make sure they know about open positions! If not, then it’s time to start looking at candidates again. Review resumes carefully; look at each candidate’s experience and education level and other important aspects such as the soft skills.Onboarding Remote Finance Workers
Your new remote finance workers are excited to start their new job! They’ve got a lot of great ideas, and they’re ready to make an impact.
But before they can dive into their work, there are some important things you need to do.
1. Make sure they get everything set up on their first day
2. Give them an official welcome
3. Pair your new hire with a work buddy
4. Be available and communicate a lot
5. Set clear expectations early on
Technology and Automation: Invest in the Right Technology
Finance teams need to be provided with the tools to communicate effectively. These tools should include digital tools for essential communication and collaborative software for functional work.
Using tools like Xero and Quickbooks will allow teams to minimise the risk of having a single copy of an excel file stored on one person’s laptop.
So, why is the right technology important?
- Technology creates the smoothest transitions to remote work by enabling teams to communicate, collaborate, and share information more quickly.
- Technology allows for remote workers to be as productive and efficient.
- Technology allows remote teams to manage data crucial to financial operations making the experience fun for remote finance teams.
Conclusion
Things run more smoothly when everyone is on the same page, so it’s important for remote teams to have regular meetings and for managers to pay attention to the member-to-member dynamic of these meetings.
But there are other things that managers can do as well.
These incentives can help improve employee engagement and encourage greater participation in team activities. By utilizing the above strategies, managers will be well equipped to meet their business objectives while also ensuring that employees stay engaged and productive.
The importance of building a strong and cohesive finance team is undeniable.
Finding and hiring the best finance professionals around is hard. And oh-so-important in building a robust financial future for your business.
If only you could find a partner who knows the market, has excellent networks, and can save you hours of time and money when hiring the right person onto your team.
Find out more about how Balkan Hire works with you to match your job to a candidate with the right skills, experience and passion – all within a short period.
