I work for a company that has undergone significant growth & acquisition in the past couple of years and am struggling with workload, complexity & expectation. Thought it might be helpful to understand finance team size in similar businesses to truly get a handle on whether we need more resource.
We turnover about £10m, £8m in the UK with two o/s subs. They each have their own external accountant and provide me with their accounts each month.
In the UK, there is one full time person who does all credit control and P/L entry (invs raised by separate dept). And then there’s me, dooming everything else (payments, mom told accs, budgets, forecasts, audit, etc etc), at 30 hours p/w, originally FC when it was just the UK, privately owned business. Now under private equity with all the extra work that brings, plus subs, and I am honestly drowning. Both through over work and lack of skill set to support a company with this structure.
Board are ignoring this as we are selling this year and they don’t want to add extra headcount or cost.
Would be interested to know what set up you have, and whether I should just suck it up?
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Any Finance people about - I need to know you Team size
12 replies
buzzing · 14/01/2021 07:19
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