Your financial experts
Financial support
The RecruiterBase team provides expert financial services to drive your success.
Build a solid foundation for your finances and HR
While sales and customer service are integral to recruitment success, getting your financials right is equally critical for a thriving recruitment business. The ‘numbers’ provide essential insights and drive decisions on investment, expansion, staffing, incentives, and fundraising. On the less exciting side, financial compliance and statutory reporting are required in every business.
We have a deep understanding of various recruitment business models, including contract, retained, contingent, RPO, and embedded recruitment.
With years of experience providing comprehensive financial support for the recruitment industry, our CFO, Roger, brings over 20 years of sector-specific expertise. Having worked in private and listed companies, domestically and internationally, he leads our finance team in handling challenges and opportunities.
Our commercial and HR support services cover everything from client and supplier contracts to employee contracts and wider HR initiatives. Given our level of expertise, we can support you without external legal advice, ensuring you keep costs down and margins high.
Strategic financial guidance
Strategic, CFO-level advice: We provide long-term financial planning, risk management, investment decisions, and overall financial strategy aligned to business objectives.
Fundraising assistance via debt or equity channels, We assess your financial needs, identifying funding sources, and guiding you through the fundraising process.
Budgeting and variance analysis: We create budgets based on your goals and conduct variance analysis to compare actual performance against budget.
Share option schemes and company valuations: We design share option schemes for employee incentives and conduct company variations to determine the fair value of the business.
Financial management and reporting
Monthly management accounts with commentary: We prepare timely and accurate financial information with commentary and analysis to help you understand trends and make data-driven decisions.
Cash management and cash flow forecasting, We ensure optimal cash management, develop cash flow forecasts, and mitigate potential cash flow risks.
Management of VAT, PAYE, and tax returns: We manage tax obligations, including filing tax returns and complying with tax regulations.
Oversight of all statutory returns: We handle statutory reporting obligations, including financial statements, annual returns, and regulatory filings.
Operational efficiency and compliance
Contractor pay and bill automation with IR35 advice: We streamline your processes of paying and billing contractors while offering guidance on IR35 compliance.
CRM and timesheet integration with finance systems: We integrate CRM and timesheets with finance systems to ensure accurate reporting.
Internal payroll, pension, and commission calculations: We manage internal payroll processes, including calculating salaries, wages, bonuses, and commissions for employees. We also handle pension contributions and compliance with regulations.
Aged debt reporting and full credit control: We monitor and report on outstanding debts owed to the business and categorise by age to prioritise collection efforts.
HR and compliance management
Contractor compliance: We assess compliance with employment laws and regulations, including IR35 legislation and tax obligations for your contractor workforce.
IR35 advice and contracts: We offer expert advice on IR35 regulations and their implications for contractors. We draft IR35-compliant contracts and agreements for compliance with tax legislation.
Employment contracts provision and HR advice: We draft employment contracts tailored to recruitment agency employees and offer HR advice on employee relations, performance management, and compliance with employment laws.
Talent acquisitions and retention strategies
Commission scheme modelling and advice: We design and model commission schemes that incentivise sales performance and align with business objectives.
Share option advice and set up: We advise on implementing share option schemes to retain key employees with guidance on design and implementation.
Health and pension scheme set up: We assist in setting up health insurance and pension schemes for employees.
A complete solution for your funding needs.
By combining our financial and HR expertise with our broader suite of support services, we provide a comprehensive solution for launching a new agency or accelerating your existing one.
Reach out to us today and let’s discuss how you can grow successfully!
Financial & HR Support
Financial & HR expertise to develop efficiently.
Commercial
Commercial insights to build and grow.
Marketing Support
Marketing strategy to take your brand to the next level.
Frequently asked questions
Who are your services for?
Our services are designed to support all recruitment and talent agencies. So if you want to grow your agency, they could be exactly what you need.
What services do you offer?
We provide a range of support services, including financial, commercial, HR, and marketing – all tailored to the recruitment industry.
Why choose your service over others?
We’ve worked in the industry for a long time. We know and understand your struggles, meaning we know how best to support you. We specialise in streamlining operations so you can focus on your clients and candidates.
How can your services benefit my agency?
We enable you to focus on your strengths while we build you a solid foundation and support your growth behind the scenes.
Do you offer individual services or packages?
We offer both! We can tailor a package to fit your specific needs and budget, or you can choose individual services.