The idea to hire a bookkeeper can be a wonderful moment of epiphany for your business. Depending on the size of your business, you may want to hire a bookkeeper full time, part-time, or as a contractor. The duties of your bookkeeper generally include recording deposits and withdrawals into your books, paying bills and issuing invoices, reconciling accounts, payroll, filing and paying sales tax, preparing financial reports, and keeping a sharp eye out for discrepancies, efficiencies, and ensuring CRA compliance.
Bookkeepers do not have to have bookkeeping education, but there are certificates programs and individual courses available from a variety of educational institutions including continuing education and college certificates. You may also encounter applicants who have decades of experience but no formal education. Ultimately, the quality of candidate depends on individual abilities, and experience. Always check references and confirm resume contents.
Before you write and post your job opening you need to have a concrete list of duties that will be assigned to the bookkeeper. They can perform some of the tasks traditionally assigned to the bookkeeper, or they
can simply enter documented information into your books and reconcile your accounts monthly. The choice is yours, but compare the task list to your staffing budget, as well as the time you and your team will save by assigning more tasks to the bookkeeper.
As you read through applications and conduct interviews, keep these qualifications in mind:
Keep in mind that hiring a bookkeeper does not negate your involvement with your company’s financials. It’s critical that you oversee processes and ensure that tasks are completed on time, but in hiring a bookkeeper you are able to reduce the amount of time you spend on recurring tasks.
Racolta Jensen LLP offers a full range of bookkeeping services to suit your every need. Our highly experienced professionals can take care of monthly, quarterly, and annual tasks, or help you with your day-to-day bookkeeping as needed. Call (519) 622-1485 to schedule a consultation and find out how we can help you take care of your business.