You're looking for one finance professional. You may need a finance team.
Day-to-day finance, month-end close, controlling and reporting and insight all require different kinds of expertise. What starts as a vacancy for one person can quickly become an entire finance function.
It often starts with one job description.
That's not just one role.
That's a finance function.
What often starts as a vacancy for one finance professional turns out to combine several different roles, from accounting and financial control to reporting and business control. Different responsibilities require different kinds of expertise.
That doesn't mean one good finance professional can't do many of these things. It means you're asking one person to balance a very broad range of responsibilities, expertise and capacity.
One finance hire or a complete finance team?
One finance hire
Finable
A complete finance team. For less than the cost of one controller.
Instead of building your finance function around one hire, Finable gives you access to different finance expertise within one team.
Get an estimate →Your complete finance function. In one team.
The right expertise for every part. One team for the whole finance function.
Finable may be a better fit when…
An internal hire may be a better fit when…
The question isn't whether outsourcing or hiring is better. It's which setup fits the finance work your organisation actually needs.
Can Finable replace a finance hire?
In some situations, yes. If the role you're trying to fill combines day-to-day finance, month-end close, controlling and reporting, organising the work across a Finable team can be an alternative to hiring one person. In other situations, a dedicated internal hire may make more sense.
What if we want to hire someone later?
That's possible. Your finance setup doesn't have to stay the same forever. As your organisation grows, responsibilities can move in-house or the Finable scope can change. The aim is to organise finance around what the business needs at each stage.
Who actually does the work?
The work is handled by finance professionals within the Finable team. Different responsibilities can be handled by different people depending on the expertise required, while you maintain one clear point of contact.
How much capacity do we get?
Finable isn't sold as a fixed number of employee hours. We agree on the finance scope and organise the team around the work required to deliver it. The exact setup depends on the workload and complexity of your organisation.
Does Finable work in our existing systems?
Where possible, yes. We first look at the systems and processes you already use. What works can stay. If changes would materially improve the finance operation, we'll discuss them as part of the setup.
What happens if someone is ill or on holiday?
Because the work is organised across a team, you're less dependent on the availability of one individual. Processes, responsibilities and relevant knowledge are structured so work can be picked up within the team when necessary.
When is hiring someone internally the better option?
An internal hire can be the better choice when you have enough work for a clearly defined full-time role, need someone deeply embedded in the organisation every day or want to build and manage the finance function internally.
Considering hiring someone for finance?
Book 30 minutes with Tim to talk through what you're looking for in a finance hire and whether a Finable team could be a logical alternative.
Book a call →Founder, Finable