Hiring an accounting temp can be a beneficial strategy to help your business navigate the end of the financial year (EOFY). Here are 7 reasons on how hiring an accounting temp can assist your business during this period:

1. Extra workforce: An accounting temp can provide additional resources and support to your existing finance team during the busy EOFY period. They can help manage the increased workload associated with financial reporting, reconciliations, and compliance tasks.
2. Expertise and experience: Accounting temps often possess specialized knowledge and experience in financial reporting, tax compliance, and other relevant areas. They can bring fresh perspectives and insights to your business and help ensure that your EOFY processes are accurate and efficient.
3. Flexibility and scalability: Hiring an accounting temp offers flexibility in terms of the duration and scope of their engagement. You can bring them on board for the specific period required, whether it’s a few weeks or a couple of months, and scale their involvement based on your business needs.
4. Immediate availability: Accounting temps are readily available, allowing you to quickly fill staffing gaps or handle unexpected absences within your finance team. This ensures that your EOFY preparations and tasks remain on track and deadlines are met.
5. Cost-effectiveness: Hiring an accounting temp can be a cost-effective solution compared to hiring a full-time employee. You can save on long-term expenses such as salaries, benefits, and training costs, especially if you only require additional support during the EOFY period.
6. Knowledge transfer and upskilling: Accounting temps can share their expertise and knowledge with your existing team, contributing to their professional development. This knowledge transfer can help your internal team members improve their skills and gain insights into best practices in financial management.
7. Focus on core activities: By delegating specific EOFY tasks to an accounting temp, your core finance team can focus on strategic activities and day-to-day operations that drive business growth. This division of responsibilities can enhance overall productivity and efficiency within your finance department.

We have several tried and tested temporary Accounting Professionals to help your business get through this EOFY. To book a temp today contact us at Norwest Recruitment on 8843 4111 or visit the Book a Temp page on our website.