- 859A High Road Ilford Essex IG3 8TG
- 020 3372 4662
- office@aztax.co.uk
Outsourced Accounting and Virtual Finance Department Services for Growing Businesses in Ilford
All the financial expertise of a professional in-house finance team, without the overhead. Our outsourced accounting and Virtual Finance Director service gives your business access to senior financial leadership on a flexible, cost-effective basis.
Outsourced Finance Team - Professional Financial Management Without the Overheads
For many growing businesses, the choice between hiring a full-time finance team and trying to manage their finances without one creates a difficult tension. Full-time finance staff bring continuity and capacity, but the salary costs, employer National Insurance, pension contributions, and management time involved make it a significant investment, one that many businesses are not ready for, or simply do not need on a full-time basis.
Our outsourced finance team service fills that gap. At Aztax Advisors, we provide a complete outsourced finance function, handling everything from day-to-day bookkeeping and bank reconciliations to management account preparation, budget monitoring, payroll, VAT returns, and year-end accounts, at a fraction of the cost of an equivalent in-house team. We work as a seamless extension of your business, using your chosen cloud accounting platform and communicating with your team through whatever channels work best for you.
Virtual Finance Director (Virtual FD) - Senior Financial Leadership on Demand
A Finance Director is not just someone who oversees the accounting. A great FD challenges the business model, identifies growth opportunities, manages financial risk, builds relationships with banks and investors, and ensures the business has the financial foundations it needs to scale sustainably.
Our Virtual Finance Director service gives businesses access to exactly that level of senior financial expertise, on a flexible, part-time basis that scales with your needs. Our Virtual FDs:
- Review your financial performance and provide clear, strategic commentary
- Build and maintain your annual budget and quarterly rolling forecasts
- Advise on funding strategy, bank lending, asset finance, equity investment, and government-backed loans
- Attend board meetings and investor presentations to present financial results and strategic recommendations
- Oversee the work of your bookkeeping and accounting team to ensure quality and accuracy
- Provide commercial analysis to support major business decisions, pricing, investment, acquisition, or exit
Outsourced Accounting Services - Everything Handled Under One Roof
Our outsourced accounting service covers every recurring financial management task your business needs to stay compliant, accurate, and informed. Using industry-leading cloud accounting platforms including Xero, QuickBooks, Sage, and FreeAgent, we manage:
- Daily and weekly bookkeeping and transaction processing
- Monthly bank reconciliations across all business accounts
- Quarterly VAT return preparation and MTD-compliant submission
- Monthly or quarterly payroll processing and RTI submissions
- Quarterly management accounts with budget vs actual analysis
- Annual statutory accounts preparation and filing
Back-Office Support - Reducing the Administrative Burden on Your Business
Behind every smooth-running finance function is a layer of administrative activity that consumes significant time, processing supplier invoices, chasing outstanding debtors, reconciling expense claims, filing financial documents, and keeping records updated.
Our back-office support service handles:
- Purchase ledger management receiving, checking, and processing supplier invoices
- Sales ledger maintenance raising sales invoices, credit control, and debtor chasing
- Expense claim processing and reconciliation
- Digital document management storing and organising financial records in line with HMRC’s document retention requirements (currently 6 years for most business records)
- Email correspondence management with suppliers, customers, and HMRC on financial matters
Best Taxation Service
Why Choose Us
The Flexible Finance Team That Grows With Your Business
The businesses that benefit most from our outsourced accounting and Virtual Finance Director service are those that have moved beyond the startup stage but are not yet large enough to justify a full in-house finance team, typically businesses with turnover between £500,000 and £10 million, employing between 5 and 50 people, and growing at a pace that requires proper financial management.
Business Strategy & Growth
Ready to Build Your Outsourced Finance Team? Let's Talk
If you are tired of managing your finances alone, spending too much time on administration, or simply want access to the kind of financial leadership that drives real business growth, we are ready to help. Contact us today for a free, no-obligation consultation with one of our senior advisors.
