OAK Ivory Ltd Pty

Hiring a great accountant is important for businesses because they can:
Possess significant business experience, be equipped with the right skills and knowledge to handle your financial tasks, and have the practical expertise to provide businesses with accurate reports.
Guide you in the right direction of managing your businesses' money more efficiently.
Provide a range of services that can be incredibly beneficial to businesses, such as financial planning and analysis, tax preparation, and more.
Help you keep track of important details as your business begins to grow, such as hiring employees, taking on new clients, and paying business taxes.
Reduce workload, aid sustainable growth, measure performance, help with legal business structuring, auditing, and applying for loans.

The reasons I love my profession and choose to do it are

1)Solving problems – My job allows me the opportunity to always be on the front line solving business problems. Whether it is cash shortages, low sales, how to turn losses into profits or how to apply IFRS to a particular transaction, there is always something to solve. This keeps the job interesting and diverse. I am definitely able to use my problem solving techniques and implement solutions that achieve desired results. Most importantly these skill sets are particularly valuable to businesses today.

2) Participate in strategic decision making and make strategic recommendations – Depending on your level within the organization you may get the unique opportunity to participate in strategic decision making. This is extremely essential in the accounting field to help shape and decide the long term goals and objectives of the organization as well as make necessary recommendations, such as growth and expansion or restructuring.

3) Collaborating with different departments – Because the profession is the central unit where all information is accumulated, analyzed and disseminated, there must be collaboration between the various departments within the business. This allows departments to work together, brain storm on new ideas and solve problems. This also allows one to learn and understand the operational units and how they work. You become well rounded and have an overall understanding of how the company works, because of this persons are able to move into management roles.

4) Analyze Data to guide decision making – This is one of the most important aspects. Accountants get to use the information to inform executive and business unit heads of the company’s financial performance, identify historical trends, understand market conditions and competitiveness and make projections for the future. As the volume of information increases and demands from businesses change there is an expectation to find new revenue potentials that impact the bottom line and ultimately the business and its stakeholders positively.

5) Leading process improvements – There is continuous need for process improvement within any organization. Businesses are so dynamic and so must we be too in responding to changes as they arise. There must be changes to processes as strategic objectives change to support them and accountants are integral to these improvements. Not only the introduction of new processes but reengineering and redesigning of old ones to achieve the company’s goals.

Oak Ivory Business Services was launched because of the desire to make a difference. We wanted to work with others to help move them forward in profound ways in their lives. We knew that we could offer the perspective, structure, support, guidance and honesty others needed to make big transitions in their lives. This drive to make a difference launched "Oak Ivory Business Services", an accounting and professional consulting firm that brought our strengths, experience and skills together to help others regain sanity through clear spaces, systems, self & support.

From helping clients with financial goal setting to long-term tax planning, we offer clients much more than the basics. We demonstrate value to our clients by

Offering peace of mind
- Sole traders and small business owners – are performing a constant juggling act. It is exhausting and stressful and unless they are au fait with accounting practices, nothing is likely to cause them more stress than the financial side of their business.

We make sure that we are always clear in our communications with our client; if they know exactly what they need to do, what they need to provide us with and when they need to get it done, the whole process will go much more smoothly, ensuring that we are in a great position to give our client the reassurance they need.

Available and accessible help

Increasingly, business owners want to have more control over every aspect of their business, rather than hand everything over to their accountant and forget about it. This include areas that they outsource to experts.

This is where digital accounting software can be a real asset. By storing our clients’ accounts in a cloud-based system, our clients can work with us online, from any device. This is invaluable for giving them, and us, a real-time view of their financial situation, allowing you to offer the most relevant and up-to-date advice.

4. Keeping up-to-date

More than ever clients will need their accountants to act as a translator when it comes to significant developments in the world of business and finance.

Thanks to the internet, they will have a better awareness of upcoming changes, compared to clients 20 years ago. As their accountant, we need to be a reliable source of information, someone who will break down the jargon and translate policy speak into something they can understand.

Yes, We are based in Germiston, South Africa and generally provide tax, payroll and accounting services to local businesses. However we are online and also work remotely, so distance is not a barrier to getting our top-class accounting services for your business no matter where you are in South Africa.