225+
5 reviews
MikeMike
16:04 13 Mar 23
Highly recommended! Josh and Sarah have been fantastic at Astute. They've found and placed me in 2 jobs now between them, both really responsive and excellent at keeping you up to speed with things. Very knowledgable about the roles and happy to talk to companies with any queries you have.
C R.C R.
10:45 27 Jan 23
Great agency one of the best ones I've worked with! Liz has been a great help and support in helping me towards a new direction in my career life. She is very attentive and keeps me in the loop at all times! She makes the extra effort to work with my preferred requirements for work and even if it isn't completely attainable she meets me in the middle and does as much as she can to help! Also Liz is very funny might I add 😂 and I'm happy that I can now put a face to the name after all these years! Thank you again Liz for all your help and support! 😊
ChristineChristine
10:32 20 Dec 22
Josh and the Astute team was very swift to help me to find roles that matched my profile. They are really reliable and will help through every step of the recruitment process going out of their way to assist and follow up when needed. Could not find a better recruitment agency!
Helen PinegarHelen Pinegar
16:19 18 Dec 22
Fantastic recruitment agency.. Josh was extremely enthusiastic, encouraging and clearly knowledgeable about what was needed from both the employee and the employers point of view. Extremely supportive especially in regards to interview preparation and endeavoured to procure feedback promptly. Wouldn’t hesitate to recommend Astute in the future to both candidates and recruiting businesses particularly for the right fit for the role!!!
Lisa LeighLisa Leigh
11:56 30 Nov 22
I have worked as a candidate for Astute and they have been excellent. Super friendly service and professional agents keen to fit the right person to the right job. It has been a pleasure dealing with them and I would happily work for them again in the future. Highly recommend this agency.
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Why good recruiters are like swansGood Recruiters are like swans. Clients and candidates should experience a smooth, calm recruitment process, and not see the way our legs are kicking madly under the water! Clients do need to realise that there is a lot of work that proper professional recruiters do behind the scenes though!

 

Take client 1.  Long-standing, and currently we are on an exclusive recruitment campaign to hire two permanent qualified accountants and appoint for a 12 month maternity leave Qualified Accountancy role for them. Open, regular dialogue with the hiring line managers as to our headhunting progress, ongoing guidance on the salary budget, and whether the annual salary for the roles is accurate market rate to entice the ideal profile of the candidate.

 

This strategy of clear communication and collaborative recruitment partnership means that we can achieve near 100% CV sent to interview requested ratio.

 

The client knows that for every single applicant forwarded to them, our team will have already contacted and reached out to many, many more potential candidates that did not make the grade. When headhunting, we will investigate if they are looking for a role, and challenge the candidates on their aspirations, technical financial skillset for these particular finance roles and ‘team fit’ to see if they align with our client’s employee value proposition and ethics.

 

Our client knows that one CV in their inbox could have meant many man hours in the background, skilfully interviewing and deep diving into potential candidates’ skills, experience, and career/ life aspirations.

 

The result? A seamless process whereby quality interviews take place, with smooth, transparent communication and honest, constructive feedback the whole way through.

 

Our client benefits from one agency acting as a true ambassador for their brilliant finance teams, with a justified expectation of quality not quantity of applicant.

Our candidates benefit from a targeted search that takes their aspirations AND their accountancy skills into account.

This is a recruitment partnership that has lasted many years.

 

Client 2/

A qualified accountant with specific industry sector background and key system skills was urgently required. Our client needed an incredibly quick turnaround and wanted to conduct interviews and ideally offer a suitable candidate within a week. The job was taken at 2pm on a Friday.

The consultant worked hard.

Very hard.

Conversations were had with over 100 potential candidates – most calls lasting 20 minutes, up to an hour.

 

The result? 4 x  CVs were in our client’s inbox for Monday morning.

All were interviewed, one person was offered the role straight away with just a few days.

Scroll forward.

A friendly phone call to follow up as our bill was unpaid.

Why?

Our candidate was still in post – and very happy in the role. His boss was equally happy.

The reason for the bill not being was that they did not believe that we had ‘worked hard enough on the role. They felt that just a couple of quick calls were made and that was it so expected a reduction in our fee as a result. They had not realised all the man-hours and dedicated time sourcing and speaking to potential candidates behind the scenes.

 

This is why Good Recruiters are like swans.

Clients and candidates should experience a smooth, calm recruitment process, and not see the hard work going on beneath the surface.

They should understand that there is a lot of work going on out of sight, to make that process seamless and smooth.

 

Good employees are also S.W.A.N.s too!

 

The SWAN formula is an acronym created by an executive recruiter, John Swan, and is a very useful tool to improve candidate selection processes.

 

Four Simple Letters:  S. W. A. N.

 

SMART. Always look to recruit intelligent, smart people into your business/ team. But how can you measure the intelligence of a candidate? The answer is simple. Questions! Intelligent people tend to be more curious than average people.

 

Successful people are smart, especially when it comes to the skills and competencies required for their specific job. This is what Jim Collins meant in his business classic, Good to Great, when he wrote about “getting the right people in the right seats on the bus.” People who have a gift for their particular job tend to work faster, make fewer mistakes, and are far more productive.

 

 

W

WORKS HARD. When recruiting, look for people who are willing to work hard and who have backgrounds and achievements that show how they have gone the extra mile and exceeded expectations. As we emerge from the pandemic, employers need staff who don’t just work lots of hours. Instead they want employees who can work smarter and handle their workloads to deadlines. The years of presenteeism are fading away and rightly so.

People who actually want to “work hard” are more successful at their jobs. The basic rule is that “people don’t change.” A person who is unaccustomed to hard work is not suddenly going to transform under your supervision.

 

 

A

AMBITION. An excellent candidate is someone who wants to move ahead in life. Ambitious people are willing and eager to take additional training; they are already reading and studying and seeking opportunities to grow, both personally and professionally. They value continuous improvement and genuinely want to be the very best they can be.

This is not about only selecting candidates who want to be the FD of a Plc. It is the ambition to be the best at whatever level they are working at and the willingness to learn/ read/ train to become the best.

Candidates should be “ambitious” and able to demonstrate to you why they want this particular job.

We love this quote by Steve Miles, Vice Chairman of Heidrick & Struggles; “Don’t seek a flame-chaser, find people who are anxious to be effective and ambitious about this assignment, not some future promotion or benefit. They have to live for today in that job, not chase the flame of future possibilities.”

 

 

N

NICE. The likability of the candidate is a critical factor. Where this quality was once mainly prized in customer service/ public facing jobs, being ‘kind’ is a highly valued strength in people applying for all levels of employment and professions. Whether in finance, accountancy, or other professions, employers are looking for people who they can work with and who can share and believe in their team values, and who they like. Team fit is one of the most consistently important attributes that our clients are looking for.

When we say “nice,” we mean people who are cheerful, positive, easy to get along with, and supportive of others. They fit within the culture of your organisation. Their beliefs are in alignment with your values and the customers your organisation serves.

In the final analysis, your ability to pick the right people for your team is the key to motivation. You cannot hire the wrong people and then expect to motivate them to be excellent performers for your team. You need to look hard for your ‘A’ players, or use an ‘astute’ recruitment expert who can do a thorough search for you!

 

The saying, ‘measure twice, cut once’ is particularly true in the world of recruitment.

 

 

Other blogs you may be interested in: –

 

Candidate Blogs 

 

Client Blogs

 

 

If you would like to discuss anything regarding this article or any of our other articles, please  email [email protected]

 

 

A smooth sea never made a skilled sailor, nor a skilled accountant

“A smooth sea never made a skilled sailor.”

A great quote by FD Roosevelt. We feel that the same applies to accountants.

It’s through the turbulent times though that we learn, in life and at work. When things don’t go quite as planned, we have an opportunity to learn, to become a better sailor – or, in the case of our clients, become a better business, and our candidates – to become better accountants.

Enjoy the smooth sailing when the seas are calm. But when the surf swells and storms brew, remember: that experience brings the ability to cope with headwinds.

The same is true of accountants and all finance professionals. From credit controllers who can free up much needed cashflow by reducing outstanding debtors to a strong Finance Director or Financial Controller who can win that key tender or negotiate better rates with that new tender. Hard experiences teach finance professionals how to cope in difficult situations.

 

Our Astute seafaring ode to accountants everywhere: –

 

What is a business, without an accountant at the tiller?

Assessing performance, the greatest biller?

Forecasting growth, future success,

How to improve profits, stakeholders to impress!

Through recession, through growth, the bad and the good,

None can enlighten like a great accountant could.

 

Through the choppy waters of business life,

A strong accountant can solve financial woes and strife.

A seasoned finance professional,

Can bring a steady hand and deliver the exceptional.

 

Financial accountants; “How much are we owed?

Payrollers processing pay for those furloughed.

Credit controllers to keep debtors down,

Managing relationships with a smile not a frown.

 

Part Qualified and Finalists, improving analysis,

Working hard to avoid performance paralysis.

 

Accountants in the office or WFH,

Rest assured, their value alone,

Will see your business thrive and grow.

 

So #BeAstute, use the finance recruitment firm ‘in the know!’

 

Contact our team ‘in the know’ for your career development or to source an experienced accountant in your finance team: –

 

Astute Financial Recruitment the perfect fit guaranteed

 

 

Do you have FORTO fear of returning to the office

 

Do you have ‘FORTO’ – fear of returning to the office?

 

Apparently, many of us do.

 

A survey of 2000 UK office workers commissioned by the Institute of Workplace and Facilities Management (IWFM) in March this year revealed 31% felt their employer was pressuring them to return leading to feelings of anxiety and stress.

 

IWFM’s ‘Returning to work’ research provides key insights into the thoughts, experiences, attitudes and concerns of the UK’s office workers as employers seek to establish new ways of working and wider adoption of hybrid working post-COVID-19.

 

Key takeaways from IWFM’s

‘Returning to the workplace’ research: –

 

  • The majority of UK employees expect a move to hybrid working
  • The vast majority of employees will expect a level of ‘hybrid’ working in the future – with nearly half (44%) of the workforce planning to work from the office for 3 days or fewer a week.
  • 63% of employees now believe the office to be unnecessary – a rise of a fifth since the first lockdown (51%).
  • The demand for hybrid working is particularly strong for younger staff, with two-thirds (66%) of 18-24-year-olds admitting that not being offered flexible work patterns would cause them to look for a new job.
  • More than a third (38%) of this demographic felt their employer is pressuring them to return to the office – risking losing new talent.

 

As Chris Moriarty, Director of Insight at the Institute of Workplace and Facilities Management comments: ‘More than a year on, we continue to see employers striving to strike the right balance between remote and office working. The benefits of the office have not been forgotten, yet we continue to become accustomed and comfortable with our home working routines.

 

‘The truth is home versus office working should not be viewed as a binary choice between focus and connection. A true commitment to ‘hybrid working’ will give employees and employers flexibility to work in a way that is best suited to them – allowing them to reap the productivity and social benefits of both home and office working environments, how and when it best suits their needs. Employers should now make every effort to provide staff with genuine choice to perform their role wherever they feel their performance would be best supported – adapting the office space, incentives and policies to reflect the changing nature of the workspace environment.’

 

Over three-quarters (79%) of 18-24-year-olds believe that they will be equally as productive or more productive working from home.

This demographic is also working the most unpaid overtime from home – on average 11.6 extra hours a week – and has invested on average nearly £300 in creating a suitable working environment at home.

 

From speaking to all levels of accountancy and finance professionals our team has experienced most finance workers say that COVID has illustrated that most of their role can be effectively performed working from home. Finance Directors, CFOs, and Heads of Finance have said time and again that thanks to the implementation of additional technology and ‘smart working’ practices, their view is hybrid working – a blend of wfh and in the office – is here to stay.

 

Our view is that employers need to be flexible according to the sector of work employees are engaged in. Certain sectors – Sales, Creative/ Media, and others – need the face to face collaboration to bounce ideas off each other. Other sectors are able to be totally independent of the office environment, but for training and mental health reasons, a flexible approach is key.

Not so much cause for fear of returning to the office, more an opportunity for increased staff engagement and for managers to implement a great blend of flexibility that addresses individual’s needs and allow for continued business success.

 

 

 

 

 

 

Read Astute Recruitment Ltds latest updates on staffing trends, business and employmentAs the weather heats up, will it be a bumper summer for business? The forecast looks good! 🌞

In 1976, like now, some boys hair was as long as girls, if not longer. 🤣🤣👭 Fashions were tank tops, and of course, flares! On the airwaves, Queen’s Bohemian Rhapsody, Bay City Rollers, Fleetwood Mac, Elton John, the Bee Gees, and more. 🎶

 

But, it wasn’t the clothes we wore, or the music we listened to that made 1976 stand out. It was the incredible heatwave!

 

Like this year, April 2020 was one of the sunniest Aprils on record, and 2020 ended up being one of the driest springs on record too. Thats what happened in 1975, the year before we enjoyed one of the greatest, long, hot summers in the UK.

 

Our economy seems to be heating up too! Below we share the latest key statistics from respected organisations on staffing trends, employment and business confidence.

 

After the turmoil of 2020, 38% of firms surveyed by the Confederation of British Industry (CBI) said their outlook on the business situation had improved in the past three months.

 

This is the first positive reading since January 2020, before the pandemic shut down much of the UK economy and the highest since April 1973.

 

Factories are also stepping up hiring, with the measure of firms looking to grow their workforce over coming months at the highest since 1974.

 

The survey’s results also found that while manufacturing output was broadly flat in the past three months, orders for new work are picking up and investment plans are being accelerated to take advantage of a “super-deduction” tax break announced in Chancellor Rishi Sunak’s budget.

 

The release of the IHS/Markit purchasing managers’ index came after official data showed strong growth in retail sales in March when most of the lockdown restrictions imposed to halt the spread of the Covid-19 pandemic were still in force.

 

Overall PMI rose from 56.4 in March to 60.0 in April, well above the 50 cut-off level that shows whether the economy is growing or contracting. Service sector business activity rose from 56.3 to 60.1, while manufacturing output was up from 56.6 to 59.1.

 

Markit’s chief business economist, Chris Williamson, said it was the strongest showing in the 23-year history of the PMI other than a four-month period between August and November 2013.

 

Companies are reporting a surge in demand for both goods and services as the economy ‘unlocks’ and the encouraging vaccine rollout adds to a brighter outlook,” Williamson said.

 

“Business activity should continue to grow strongly in May and June as virus restrictions are eased further, setting the scene for a bumper second quarter for the economy.”

 

In more good news for business, The Office for National Statistics said that in March 2021 – a month in which there was only a modest relaxation of the curbs imposed across the UK to stop the spread of Covid-19 – retail sales rose by 5.4% – well above the 1.5% predicted by City economists, with sales in March 1.6% higher than they were before the pandemic began to have an impact on the economy in February 2020.

 

In good news for the high street and businesses with fixed premises, rather than just online revenue streams, the ONS said the proportion spent online decreased to 34.7% in March 2021, down from 36.2% in February 2021, still above the 23.1% reported in March 2020, the month when lockdown restrictions were imposed for the first time.

 

And what of jobs and employment trends? 

 

New data from the Recruitment & Employment Confederation (REC), stated that business confidence in their ability to hire new staff continued to improve in the three months to February 2021.

 

Employer confidence in hiring rose to a net level of +16 in December-February 2021, six percentage points higher than in the three months to January. In February alone, this surged to net: +29, as the government’s roadmap for easing lockdown was announced and firms could start putting their re-opening plans into gear.

 

Neil Carberry, Chief Executive of the REC, had this to say:

“Recruiters report that this latest lockdown has been much less damaging than many feared back in January. The relative health of the economy and the jobs market is now being reported by business surveys, official figures and our own data. Our figures show that hiring companies are confident about bringing people into their businesses now, and that has to be good news for all of us.”

 

Employers are still being cautious, reflected in employers leaning more on interim and temporary staff.

 

Interim workers remain a great way for people to find work quickly and for firms to hire when the outlook is not certain.

 

Key statistics: – 

 

  • Hiring intentions for temporary agency workers rose by eight points to net: +14.

 

  • Employers’ intentions to hire permanent staff in the short term fell by five points, but remained high at net: +19.

 

  • Employers’ intentions to hire staff in the medium term (over the coming 4-12 months) increased in December-February 2021, rising to net: +30 for permanent staff and net: +15 for agency workers.

 

 

 

So, the weather for business looks set fair, and the forecast for Summer 2021 and the rest of this year, looks very encouraging!

 

Could it be a record-breaker? We’ll just have to wait and see.

A bit of fun for those too young to remember the summer of 1976, here are some reminders.

 

  • 1976 was the hottest, sunniest and driest summer people had seen up to that date. The government panicked about low water levels in April and May, and hosepipe bans combined with water restrictions were introduced. People were told to water their gardens with used bath water. I remember families including mine, collecting water from standpipes in their streets.

 

  • A minister for drought (Denis Howell) was appointed, promptly telling all to cut water consumption by half, or face water rationing until December! He also told people to pour washing up water into toilets instead of flushing.

 

  • Water companies issued a total of 139 drought orders.

 

  • Hospital admissions soared with many people suffering from sunstroke, heart attacks and a higher incidence of asthma.

 

  •  The M1 and other motorways had problems with tarmac melting.

 

  • Large areas of woodlands and heath turned brown, and were sadly devastated by fires which in some cases had to be left to burn because of the water shortage.

 

  • The high temperatures continued through August with many parts of England exceeding 330 hours of sunshine and highs of 25-30c on many days. 🌞😎

 

Then the heatwave finally ended.

 

The last week in August saw the beginning of the end of the heatwave, with spectacular thunderstorms.

 

That historic heatwave was followed by an exceptionally wet autumn, with some places recording over 200% of their normal rainfall. Heavy storms and torrential rain continued on many days through to October, ending one of the worst droughts on record.

Mary Maguire

Managing Director
Astute | Accountancy & Finance | HR | Office Support

Suite One, Ground Floor West, Cardinal Square, 10 Nottingham Road, Derby, DE1 3QT

T: 01332 346100
M: 07717 412911

E:  [email protected]

W: www.astuterecruitment.com

LI:  https://uk.linkedin.com/pub/mary-maguire/18/73/553

LI: www.linkedin.com/company/astute-recruitment/Read Astute Recruitment Ltds latest updates on staffing trends, business and employment

What makes an exceptional finance director?The remit of a Financial Director (FD) is to direct the financial obligations, and financial reporting of a business AND help drive the company forward with the senior management team.

 

But that’s the easy bit. What genuine qualities lift an ordinary FD into an extraordinary Director of Finance?

 

This isn’t about which accountancy qualification you secured. The best, most brilliant FDs we have had the pleasure of recruiting and recruiting for, have had the full range of qualifications from CIMA, ACCA, ACA, CA, CIPFA, and QBE. The ability to pass exams, demonstrates academic rigour, but the modern FD needs much more than just letters after their name.

 

They need emotional and business intelligence as much as academic prowess. As the world emerges from the maelstrom of Covid into a new normal, MDs are looking for candidates who can own and understand the numbers, but who can also be intuitive to understand the power of having and keeping a resilient finance team intact.

 

To start with, let’s distinguish the difference between a Financial Director and a Financial Controller. The lines of duty can blur in an SME setting, but a crucial difference is an FD directs, while an FC controls the day-to-day operations of the finance function.

 

To effectively ‘direct’, you need to be able to command, lead, inspire. If you can’t influence people to perform their duties properly, this is a big problem.

 

Then we have the engagement /people bit.

 

You may have a great ‘number 2’ as a financial controller or finance manager, to manage staff day to day but it’s crucial you can also command the respect of the team underneath.

Don’t silo yourself but keep open lines of communication, at all levels.

 

A modern breakdown of the key attributes to being an exceptional FD: –

 

               Decisive

I                  Inspirational

               Reflective

               Emotionally intelligent

               Collaborative

T                 Tenacious

               Supportive

 

Let’s look at these in more depth.

 

Decisive: – 

Decision Makers have to be able to make decisions. You’re in the wrong job as an FD, if you struggle to reach a decision, stand by it and take responsibility for the course of action you have taken. Hindsight is a great thing. There will be mistakes made. But the extraordinary FD will own their decisions and be able to deftly calculate a fresh course of direction weighing up the risks and benefits. There’s no hiding place for a great FD. You need to be seen to be a leader in your company, amongst your peers, and by your team. That’s how respect is earned.

 

Inspirational: – 

To inspire is to be innovative. To think “outside of the box” through your knowledge and experiences, and to be creative in your thinking. The key here is application. How you apply your experience to specific, spontaneous work and business situations. As a mindset, the exceptional FD will have the dexterity to apply their interactions to a wide spectrum of situations, encouraging, and motivating their people and peers to achieve the best possible business outcomes.

 

Resourceful: –

This has become an absolutely crucial attribute. More than ever, the ability to adapt to many different functions or activities, the FD may have to step into other roles e.g. Interim Managing Director/ IT Director/ HR Director. They must be commercially aware and must understand the other areas of the business such as HR, Strategic direction, and IT amongst others.

 

Emotional intelligence: – 

The Oxford University definition: the capacity to be aware of, control, and express one’s emotions, and to handle interpersonal relationships judiciously and empathetically.

“emotional intelligence is the key to both personal and professional success”.

People have been hugely affected by changes to their working routines. An FD needs to be more mindful than ever of the psychological and mental well-being of their team and lead their staff through the return to a new normal. An outstanding FD will be able to direct how their team(s) can be professionally steered during the transition from Lockdown to new normal.

They will also have honed great recruitment skills to select the talent they need, interview and challenge potential hires, and most importantly have a succession plan.

 

Collaborative: –

Collaboration at work means involving two or more people working together for a particular purpose for the benefit of the company. This means having the ethical, professional, and moral compass to know what needs to happen and how to work together, to bring the best results. Being emotionally aware of not just yourself but others at work is key. An exceptional FD will understand how to approach people at all levels and how to temper their language, tone and timbre to make the best possible collaboration work. Remote working and online meetings mean your efforts need to transfer even more clearly and effectively than in person.

Remember: Collaboration can be upwards, as well as cascading to more junior staff.

The FD needs to balance ambition with reality and needs to be the “wise counsel to the board without allowing entrepreneurial flair to become suppressed.”

 

Tenacious: –

Tenacity is the determination to consistently continue what you are doing. To see things through. From ensuring financial information produced stands up to scrutiny from external auditors, bank and other external, legal parties.

 

All stakeholders expect honesty and a “nothing to hide” attitude to be consistently delivered. The highest standards (ethics) must be maintained, the FD should be seen as the “Champion” of the organisation’s culture and ensure that good corporate governance is maintained at all times.

The exceptional FD will have this in hand.

 

Supportive: –

“Your support network is the solid ground from which you can propel yourself upwards” . Anna Barnes.

This is about your own support network as much as being a supportive FD.

The most successful business people will have great emotional and personal backup networks. From family, and friends to external services and people to make their personal lives run as smoothly, healthily, and efficiently as possible.

You can’t be an effective, exceptional FD if your personal life and own wellbeing are in disarray.

 

If you would like confidential career or employment advice around this or any other topic, please contact Mary Maguire and she will be delighted to help you or navigate you to one of our team.

 

 

Article by Mary Maguire

Managing Director
Astute | Accountancy & Finance | HR | Office Support

Suite One, Ground Floor West, Cardinal Square, 10 Nottingham Road, Derby, DE1 3QT

T: 01332 346100
M: 07717 412911

E:  [email protected]

W: www.astuterecruitment.com

LI:  https://uk.linkedin.com/pub/mary-maguire/18/73/553

LI: www.linkedin.com/company/astute-recruitment/

What makes an exceptional finance director?

One-way roadmap out of lockdown announced todayA Roadmap out of lockdown!

 

A one-way strategy of positive milestones from the Government was announced by the Prime Minister, Boris Johnson this afternoon.

 

The basic points are set out below. It is important to remember that these will be conditional on the continued success of the vaccine rollout and maintaining declining figures of hospitalisations and infections.

Nonetheless, some very welcome news!

 

Summary of key points: – 

  1. Boris Johnson sets out his four-step plan to release England from lockdown
  2. Step one, on 8 March, will see schools reopening and two people allowed to meet outdoors for a chat
  3. From 29 March, outdoor gatherings of either six people or two households will be allowed
  4. Outdoor sports, including football, golf, and tennis, will be allowed to resume from 29 March as well
  5. Step two would see shops, hairdressers and gyms reopen from 12 April in England
  6. Also from 12 April, outdoor hospitality will resume, as well as zoos and theme parks
  7. Step three would start on 17 May with most social contact rules lifted, as well as limited mixing indoors
  8. The prime minister hopes that step four, from 21 June, would see the end of all legal limits on social contact
  9. The UK PM will also hold a televised press conference at 19:00 GMT
  10. Scotland, Wales, and NI will set out their own approaches
  11. Covid vaccines have a significant impact on the risk of serious illness Public Health analysis shows
  12. In the fourth week after the first dose, hospitalisations were reduced by 85% and 94% for the Pfizer and AstraZeneca jabs

Let’s hope that the 8th March Budget will also provide some fiscal good news and continued support for businesses, employers, and staff.

An article by

Mary Maguire

Managing Director
Astute | Accountancy & Finance | HR | Office Support


Suite One, Ground Floor West, Cardinal Square, 10 Nottingham Road, Derby, DE1 3QT

T: 01332 346100
M: 07717 412911

E[email protected]

W: www.astuterecruitment.com

LI:  https://uk.linkedin.com/pub/mary-maguire/18/73/553

LI: www.linkedin.com/company/astute-recruitment 

Why good interview feedback really matters. Interview tips from Astute Recruitment

Why good interview feedback really matters

 

Our team been working exclusively with a long-standing client to recruit an Assistant Management Accountant. Ideally someone with bright enquiring mind, keen to learn with an accounting and finance degree.  Some experience in a finance role would be ideal. After shortlisting down from 18 candidates to the best five, the CVs went across and our client interviewed all five this week.

 

The good news is that three have been selected to undertake some online testing and have a second interview in a few days.

 

The bad news is that two candidates are not being progressed.

 

The client and Astute were able to discuss detailed, constructive feedback for each candidate including some tips for the future.

 

We fed back to one of the candidates not being progressed and wanted to share what the feedback was including some constructive tips for them in answering unplanned questions and focussing their answers.

 

“…while its bad news I’ve not got a second interview – it’s great to get positive rounded feedback after the first interview. I can use this experience and feedback to help me prepare and perform better in future interviews, and hopefully get a second interview next time! Thanks for letting me know and taking the time to ring me.”

 

He has been impressed with the process at Astute Recruitment Ltd, and thanked us for taking the time to call him and pass on the feedback.

 

If someone has taken the time to attend an interview – they deserve at the very least to get some constructive post- interview feedback. That feedback may just help them secure a second interview and a job offer next time.

 

It’s not just learning how to prepare for an interview that counts.

It’s also learning how to perform in an interview. That takes time, practice, and crucially, feedback!”

 

This is why our team at Astute Recruitment encourages a collaborative relationship with our clients throughout the recruitment process. Good interview feedback from the finance manager/ line manager/ HR professional recruiting, really helps our team inform our candidates on how they can improve their performance on an interview.

 

From how to answer a question to coping with nerves, unless a person has interview practice and good feedback from the recruitment consultant and/ or client, it is very hard for them to learn how they can come across better in the actual interview itself.

 

For another useful post on more interview tips and advice, you can see another of our blogs on our website, using the following link:    https://www.astuterecruitment.com/6-interview-questions-and-answers-to-help-you-nail-the-perfect-job-in-the-pandemic/

 

If you would like any more advice or help around interviews, arranging interviews remotely – let us know.

 

An article by Mary Maguire

MD Astute Recruitment Ltd

Email: [email protected]

LinkedIn: https://uk.linkedin.com/pub/mary-maguire/18/73/553

 

Astute tips on the Extended Furlough scheme for employers and employees
Astute tips on the Extended Furlough scheme

 

 

So, as we find ourselves in another Lockdown, what is the advice for employers and their employees on this adaptation of the Government’s original Furlough Scheme? Here, we try and break these down and provide some useful links for more detailed advice and webinars.

 

HMRC have published full revised guidance about the extended Coronavirus Job Retentions Scheme – i.e. the Furlough Scheme. This has now been extended to March 31st 2021.

 

The key changes for furlough claim periods from November and beyond are as follows: –

 

  • The UK Government are currently reviewing if employers could be eligible to claim for their employees serving contractual or statutory notice periods and will change the approach for claim periods starting on or after December 1st. Further guidance is to be published at the end of November. As things stand, employers may claim the grant for notice periods.

 

  • In the cases of Employers claiming for an employee for the period from November 1st retrospectively, only backdated written agreements put in place up to and including November 13th may be relied upon for the purposes of a claim. In simple terms, this means employers should ensure written furlough agreements are in place by November 13th if they are wanting to claim the grant retrospectively from November 1st.

 

  • After December 2020, the names of employers who claim under the Furlough Scheme for the month of December onwards and, for employers that are registered Companies or Limited Liability Partnerships, both the company name and registration number will be published by HMRC, so that this information will be in the public domain.

 

  • Should an employee decide to end their maternity leave early to enable them to be furloughed, they must give their employer at least eight weeks’ notice of their return to work and the employer will not be able to furlough them until the end of the eight weeks.

USEFUL LINKS: –

 

  • Top Accountancy firm, Dains, have compiled a number of useful HMRC advice and areas for businesses to focus on including: –

·         Time to Pay – HMRC

·         Raising finance

·         COVID-19 Business Interruption Loan Scheme

·         COVID-19 Bounce Back Loan Scheme

·         COVID-19 Job Retention Scheme – A Practical Guide (Check out our Top Tips)

·         COVID-19 Job Retention Bonus

·         COVID-19 The Self Employment Income Support Scheme

·         Financial forecasting

·         Grant applications, loans and funding

·         Cash management and profit improvement

 

Have a look at Deloitte’s upcoming webinars on COVID-19: – 

 

  • 3 December 2020
    The COVID-19 webinar: health, economics, business

The COVID-19 webinar: health, economics, and business

 

  • 17 December 2020
    The COVID-19 webinar: health, economics, business#

  • For the latest Government advice and support: –

Click on this link for help and support if your business is affected by COVID-19 from the Government’s website

To keep up to date with the latest developments on COVID-19, advice to employers, businesses, and employees, please follow our company page on LinkedIn HERE.

You can also follow us on FaceBook HERE

On Twitter by following astute_recruit

& Instagram HERE

 

 

 

7 astute steps to successful cash flow management collaboration by an expert!
7 astute steps to successful cash flow management collaboration by an expert!

 

 

 

 

 

 

 

 

 

Cash is King! Having an accurate measure of your company’s cash is always critical, now more than ever. Here at Astute, as part of a new series of articles, we are sharing 7 simple steps to guide you, in collaboration with a fully qualified accountant and expert in providing cash flow advice and more to SME businesses and larger organisations.

David Thorley is an experienced, fully qualified Finance Director with a proven career in managing the financial tillers of several businesses. Together, we wanted to share his 7 steps to achieve successful cash flow management.

Over to David….

 

“We need a 13-week cash flow!

An all too familiar phrase that I have heard over the years from banks and finance providers and in these uncertain times an especially challenging request even for experienced number crunchers!

You can, however, meet this challenge using the following simple tips: –

 

1.    Communication with your finance provider is crucial – whatever the reason, DO NOT make promises you know you cannot keep and DEFINITELY DO NOT say it can’t be done!

 

2.    Very few businesses can accurately predict cash flows, but everyone can make an informed forecast.

 

3.    The past may not be an accurate predictor of the future, but it can be an indicator! Summarise the cash flows over the previous 6 – 12 months over key headings and use for forecasting future            trends.

 

4.    All forecasting relies heavily on assumptions that identify the key sensitivities (e.g. you could be predicting quarterly rent payments being agreed to be deferred or moved to monthly).

 

5.    Look for seasonal fluctuations in income or expenses – right now this could be forecasting recovery of previous levels of sales over a 3 to 6-month period.

 

6.    It’s not unusual for the balancing number (to keep within the facility), to be payments to creditors and, in times of extreme cash pressure, this is inevitable; but again, communication is vital              to avoid going on stop with crucial suppliers.

 

7.    You may need to prepare more than one forecast – based on different assumptions. Again communicate the basis of the chosen forecast when it is shared.

 

The most important point is to always try to anticipate potential issues. Banks particularly appreciate early warnings especially if it is a potential breach of facility as it indicates a degree of control.”

 

 

Great tips so thank you David!

 

If you need a cash flow expert in your team, call Astute and we would be delighted to assist you.

 

We will be issuing more articles and tips on a wide range of accountancy, finance, HR and recruitment issues in collaboration with experts in these fields.

 

If you have found this article informative and helpful, please let Mary Maguire at Astute Recruitment know as feedback is always welcome. Feel free to share this article with others who you feel could find this useful.

 

#cashflow #CashIsKing #accountancy #finance #financedirector #cfo #financetips #BeAstute

Internet search firm Three Best Rated Rates Astute Recruitment as one of the 3 best recruitment companies in Derby

 

 

 

 

 

 

 

 

 

All of us at Astute Recruitment Ltd are delighted to have been formally included as one of Derby’s top three recruitment agencies on the prestigious search website Three Best Rated!

With over 15 business awards and successful recruitment across the Derbyshire region, its great to be in our 10th year and receive this recognition.

Astute Recruitment was set up by our two founders – Sarah Stevenson and Mary Maguire, back in 2009.

Sarah had this to say, “Mary and I are thrilled to be ranked in the top three recruitment firms in Derby by Three Best Rated. To have our business featured as one of the top 3 firms cements our status as the ‘go-to’ recruitment agency specialising in jobs across finance and back office. This is brilliant news!”

Mary went onto say, “We have grown a lot – our team is expanding and we have an exciting new office move planned to further allow our team of experienced recruiters to grow. As Sarah said, to be included by leading search website Three Best Rated is amazing news and both of us and our team are delighted!”

You can view our listing on the link below: –

Three Best Rated – Astute Recrhttps://threebestrated.co.uk/recruitment-agencies-in-derbyuitment Ltd