Eximious in providing Financial & Accounting Services
Area We Ace !
Our years of experience in Accounting & Finance, enable us to reach this position that we can claim to be best in business to provide the following services
A Successful Strategy, From the First Day of Consultation
We Want to Express Our Deep Gratitude to You in the Service That You Provided for Us in Dealing With the Most Difficult Situation
Mutahir Waqar Dogar
CEO – Glow Group of Companies.
What We Offer
"Business Process Outsourcing"
Organizational executives often arrive in a decision to outsource a business process through a variety of avenues. Startup companies, for example, often need to outsource back-office and front-office functions because they do not have the resources to build the staff and supporting functions to perform them in-house. On the other hand, an established company may opt to outsource a task that it had been performing all along after an analysis determined that an outsourced provider could do the job better and at a lower cost.
Management experts advise enterprise executives to identify functions that can be outsourced and then evaluate that function against the pros and cons of outsourcing to determine if shifting that task to an outsourced provider makes strategic sense for the organization.
If so, the organization then must go through the process of not only identifying the best vendor for the work, but also shifting the work itself from in-house to the external provider.
This requires a significant amount of change management, as the move to an outsourced provider generally impacts staff, established processes and existing workflows.
The shift also impacts the organization’s finances — not only in terms of shifting costs from the internal function to the outsourced providers, but often also in terms of taxes and reporting requirements.
The organization may also have to invest in a technology solution to enable the smooth flow of work from the organization itself to the outsource provider, with the extent and cost of that technology solution dependent on the scope of the function being outsourced and the maturity of the technology infrastructure in place at both enterprises.
BENEFITS OF BPO
- Financial benefits
- Competitive Advantage
- Higher quality and better performance
- Quicker access to innovations in the process.
- Expanded coverage 24/7
"Management Accountant/Book Keeping"
Understanding What Management Accountants Do
- Management accountants work for public companies, private businesses, and government agencies.
- Their duties include recording and crunching numbers, helping to choose and manage company investments, risk management, budgeting, planning, strategizing, and decision making.
- Management accountants need an aptitude for and interest in numbers, math, business, and production processes, along with accounting skills, knowledge in IFRS/ GAAP, and leadership skills
The most fundamental skills you need to be successful as a management accountant are an aptitude for and interest in numbers, math, business and production processes, and helping to manage a business, according to Steve Kuchen, executive vice president and chief financial officer (CFO) of PacificHealth Laboratories.
You also need to be able to see your organization’s big picture, says Ben Mulling, CFO of TENTE Casters. “Management accounting is all about helping your users and the company makes the best decision possible given the information available to them,” he says. “This includes making decisions such as capital investment, operational structuring, and foundational risk assessments.”.
Finally, you’ll need leadership and management skills. You need to be persuasive and convincing and be educated in both human capital management and financial capital management, according to Lon Searle, former CFO of YESCO Franchising LLC.
Just like any other position, the salary of a management accountant depends on several factors including experience, specialties, education and designations, and the company for which you work. According to the IMA, the compensation for CMAs globally is 63% higher than that of non-CMAs.3 The group’s 2020 survey noted accountants with the CMA designation received a base salary of $105,000 in the Americas. That’s $25,000 more each year than those without it.4
Although the Bureau of Labor Statistics (BLS) does not differentiate between different accountants, it does report salary expectations for accountants—along with auditors—in general. The BLS reported the average annual salary for accountants and auditors in 2019 at $71,550 or $34.40 per hour. The industry reported more than 1.436 million jobs, with the potential to grow 4% between 2019 and 2029.
Looking for a Reliable Dedicated Partner?
Feel free to contact us! Looking forward to do business with you together!