The Finance Block (Pty) Ltd.

ABOUT US

The Finance Block is a team of passionate accountants and entrepreneurs. Through our own experience in growing our businesses, we identified the need for a block of financial services tailored to the needs of small and medium sized businesses. Our in-depth knowledge in accounting, tax and small business legislation is strengthened by our understanding of the latest accounting technology. This makes us the perfect partner for today’s modern businesses.

As a rapidly growing SME or start-up, you need accounting services that grow alongside you and equip you for making money in the digital age. Accounting goes deeper than a spreadsheet – it can help you set and realise clear business targets, manage your cash flow and grow your business. At The Finance Block, we combine world class accounting solutions and expert business expertise to cater to your unique needs as an SME.

OUR APPROACH

We combine several unique capabilities to offer you simple, effective accounting solutions that suit the unique needs of your business. Our unique offering stems from a deep passion for small businesses and making them work for their owners.

SERVICES

FINANCIAL REPORTING

Regular, detailed record-keeping is critical to tracking and planning your financial growth. We use real time management accounts and compile annual financial statements that are aligned to international best practice.

THIS INCLUDES THE FOLLOWING SERVICES:

• Insight and guidance on national regulations and accounting standards.
• Review of your financial reporting to date.
• Implementation of record-keeping system in line with your business strategy.
• Monthly and annual financial statements.

FINANCIAL SYSTEM IMPLEMENTATION

We use world-class cloud accounting software to assist in making your business more scalable. Xero, a multiple award-winning accounting software package, helps us achieve this.

THIS INCLUDES THE FOLLOWING SERVICES:

• Defining your system requirements in line with business goals.
• Selecting the technology to match your business needs.
• Analysing the risk and security of your future financial system.
• Onboarding you and your team with the new financial system.

MONTHLY ACCOUNTING & TAX COMPLIANCE

We look after all your monthly bookkeeping and tax returns to ensure your business stays compliant and you are left with the time to focus on growing your business. Our digital focus enables us to automate your accounting as far as possible, making it a cost-effective solution.

THIS INCLUDES THE FOLLOWING SERVICES:

• Strategic advice and insight on your tax compliance.
• Monthly data capturing.
• Annual financial statements.
• SARS Tax Returns.

YOUR OWN CFO

Ideally, every entrepreneur would love to have their own CFO to apply their intimate knowledge of the business into an ongoing strategic plan. Usually you need this service most when you’re starting out or growing, but don’t have the budget to afford a CFO salary. We offer you a CFO on a part-time basis or project-based basis, with a focus on strategic advice and planning to help your business grow and increase profits.

THIS SERVICE INCLUDES:

• A comprehensive financial strategy to determine your business’ goals.
• Monitoring and implementation of your strategic business plan.
• Development of financial performance measurement.
• Provision of insight on key strategic management decisions.
• Review and analysis of business’ risk profile.
• Assist in pitching for and securing funding for business.

TRAINING FOR NON-FINANCIAL MANAGERS

Whether you are looking to upskill a COO, operations manager or administrative manager, we offer simple, accessible training in accounting for all disciplines within a business.

THIS SERVICE INCLUDES:

• Training courses tailored to non-financial managers in your business.
• Guaranteed understanding of accounting basics.
• Curriculum includes:
• Accounting basics
• Profit and Loss Statements and Financial Position
• Cash Flow
• Financial Ratio’s
• Ideal for any business.