What to Look for When Hiring a New Accountant
Thinking About Hiring a New Accountant? Here’s What You Should Know
Whether you're launching a new business, growing rapidly, or simply outgrowing your current financial processes, hiring a new accountant is a smart move. But with so many firms and professionals offering accounting services, how do you choose the right one?
Here are the key things to look for when hiring a new accountant:
1. Industry Experience Matters
Not all accountants are created equal. Look for someone who has experience in your specific industry. Whether you’re in real estate, tech, professional services, or retail, an accountant who understands your business can offer more tailored advice and compliance guidance.
2. Ask About Their Technology Stack
Today’s accounting is as much about software as it is about spreadsheets. Ask what platforms they use (QuickBooks, Xero, NetSuite, etc.) and whether they offer cloud-based access, client portals, or other tech-enabled services that make life easier.
3. Understand Their Scope of Services
Do you need more than just tax prep? A good accountant can also offer:
- Financial forecasting
- Business consulting
- Payroll services
- Compliance and audit support
Make sure their service offerings align with your short-term and long-term goals.
4. Transparent Pricing
Clarity is key. Ask how they bill—hourly, monthly retainer, flat fees—and whether there are any hidden costs. A trustworthy accountant will explain their fees openly and offer options based on your needs and budget.
5. Communication Style
Do they respond quickly? Do they take the time to explain financial details in a way you understand? A good accountant should feel like a partner, not just a vendor.
6. Check References and Reviews
Ask for client references or check online reviews. What do other clients say about their professionalism, timeliness, and insight?
Pro Tip: Don’t rush the decision. A discovery call or initial consultation can help both sides determine if there’s a good fit.
Bottom Line: Your accountant should be someone who helps you save time, reduce stress, and grow smarter. Choose wisely—and make sure you feel confident in their ability to help your business thrive.
