What Are the Qualities of a Great Bookkeeper?
Bookkeeping is at the heart of every business. It keeps your finances in order, with up-to-date records of all your transactions, accounts and any discrepancies. With that in mind, it’s not something you want to compromise on.
In our 6-part series on bookkeeping, we’ve already explored what a bookkeeper does, why the role is distinct from accounting and whether businesses should outsource bookkeeping. In this post, we look at what makes a good bookkeeper, and what qualities your company should look for when hiring or outsourcing.
First and foremost, bookkeepers need to be organised. They will be responsible for keeping track of every financial incoming and outgoing of your business. As any business owner will know, these transactions will continue to come thick and fast, requiring expert time management with the ability to prioritise an ever-changing workload.
2. Attention to detail
Working with numbers isn’t for the faint-hearted. Even the smallest mistake could cause big issues when it comes to reviewing the performance of a company. That’s why bookkeepers need an outstanding eye for detail. Companies need someone who will record everything to perfection and pick up on any discrepancies wherever they may crop up.
When it comes to your company’s finances, you don’t want to take any chances. Businesses need someone who has been there and done that, so to speak. That way, there’s nothing that can crop up ‘unexpectedly’. Whatever is thrown at them, your bookkeeper will be prepared to deal with it. Previous clients, testimonials and references are all good ways to check a bookkeeper’s credibility.
Despite the name, bookkeepers aren’t just responsible for keeping your books in order. It’s also crucial that they can communicate their work clearly to key members of the business. This includes a full understanding of industry jargon, and how to explain it in plain English to directors and stakeholders.
Long gone are the days of paper bookkeeping and endless files. With more and more business conducted online, including financial transactions, bookkeepers need to be completely computer literate. That means a comprehensive understanding of the latest bookkeeping software, as well as a willingness to adapt to any programs used within your business.
Above all else, your bookkeeper needs to be someone you can trust. Firstly, you need to trust them with confidential information. Bookkeepers need access to sensitive data to complete their job, which could be a disaster if it gets into the wrong hands.
On top of that, you should have trust in their ability. Bookkeepers are there to take work off your plate, leaving you free to focus on what you do best. If you’re constantly worrying about financial slip-ups and discrepancies, it might be time to reconsider your choice.
Professional bookkeepers you can trust
UWM Accountants provides expert bookkeeping services for businesses across the UK. Whether you’re a sole trader, limited company or multi-national corporation, our team of professional accountants can keep your accounts watertight, improve cash flow and put your mind at ease,
Want to find out more? Simply get in touch with our team.