Financial accounting and bookkeeping
- Fully integrated bookkeeping for complete Israeli statutory and tax compliance
- Full local Israel payroll function
- On-going monthly tax and national insurance filings
Management accounting services
- Preparation and presentation of monthly and quarterly reports
- Annual budgeting, forecasting and YTD analysis and variance reporting
- Robust working capital reporting and management
- Reporting in terms of prescribed internal company policy or Bankfin management reporting solutions
Shadow financial manager and services to the board of directors
- Support of strategic reviews
- Board representation
- Guidance on implementation of control environment and internal controls tailored to specific company risk and local statutory compliance
- Preparation and presentation of English reports and commentary to company board and stakeholders
Support to local company setup and liaisons
- Financial, operational and systems set up
- Registration for income tax, withholding taxes and VAT
- Periodic tax filings
- Bank account setup and local liaisons
- Local VAT representation
- Local office representation
- Liaisons with statutory auditors
Financial reporting
- Drafting of annual financial statements in accordance with IFRS and local GAAP
- Translation of Hebrew financial reports into succinct mother-tongue English, contextualised with professional accounting jargon
- Proof reading financial accounting reports, ensuring that it measures up to the highest standard of reporting and communication to key stakeholders