Accounting, Financial & Secretarial Services

About Service

The Accounting Industry has rapidly evolved, with a phenomenal growth of computing, technology and internet. Today the Finance Professional’s role and involvement in the business is much higher than a traditional bookkeeper. Moreover, with the ever-increasing competition and reduced bottom lines, many businesses challenging with a concern of employing a full time CFO or a Senior Finance Professional to manage the Accounting & Finance Functions.

With this objective in mind and to enable corporates and enterprises to focus on their core businesses, we offer a variety of accounting and financial services, through our associates, New Age Associates. With a team of 30 young, energetic and experienced professionals, through our affiliation, we will able to meet your accounting requirements at a competitive cost.

1. Outsourced CFO Services

Unlike conventionally, where outsourced CFO’s offer services from a remote location, we believe in working hand in hand with the client and a key member of our team is based full time at your location and at your disposal. Being part of your senior management team, he / she will not only be executing all the functions your organization required but will also be supervised by one of the Senior Partners from our end, in a manner that all your requirements are met at an affordable cost.

2. Busines Plans, MIS Reporting, Accounting and Audits

Our experts with their vast experience, are able to offer the following services to match your needs:

  • Preparation of Business Plans.
  • Preparation and Presentation of Cash Flows, Budgets, Management Accounts, Product Costing, and Forex Management
  • Analyzing the key ratios including liquidity Ratios, turnover Ratios, Return on Investment (ROI), to give you an insight on your business health, structure and performance from time to time.
  • Handling the entire accounting and book keeping function including payroll management.
  • Undertaking internal and forensic audits.

3. Business Operations Systems & Process

Along with Accounting & Financial Processes, with our versatile approach and working closely with your team, we are able to:

  • Review existing internal controls, suggest improvement and if required implement a totally revised controls.
  • For Stores & Inventory, we assist in setting up ordering levels, undertake physical verification of stocks and reconcile them with the systems stocks.
  • Our expertise also lies in procurement planning, reviewing your supply chain and logistics channel and suggest improvements.
  • Preparation of Job Descriptions (JD) & Key Performance Indicators (KPI) for staff. Thereafter discussing the same with staff and getting their concurrence/commitment for implementation.
  • Setting up Credit Control procedures, review and streamlining of existing limits, assistance in debt collection to reduce the DSO.

4. Taxation and Compliances

We are able to support you in:

  • Preparation of your Tax & VAT Returns on I-tax.
  • I-tax registrations.
  • Preparation of your Statutory Returns for PAYE, NSSF, NHIF, VAT & Withholding tax.
  • Liaison with the revenue authorities to address and resolve tax matters

5. Corporate Advisory Services

  • Assistance in formations and registration of Company, LLP, LLCs and sole proprietorship businesses
  • Supporting in ensuring that all statutory compliances with the Registrar of Companies are adhered.
  • Attend corporate meetings including Board Meeting and assistance in recording of minutes.