Quick Answers to the Common Queries

General Information

We are based in Kerala, India, with our headquarters in Calicut and an additional work location in Kochi.

We have a team of professionals trained in accounting, finance, and related fields. This includes CPAs, ACCAs, CAs, MBAs, and Certified Bookkeepers. We can certainly provide detailed information on the professional qualifications, experience, and other relevant details of the assigned expert if you would like.

We usually work as per the Indian business hours and are available from 05:30 AM to 02:30 PM UTC.

We can also structure contracts for specific assignments and processes where work needs to be carried out during a time window different from our usual working hours.

As mentioned above, our usual working hours are from 05:30 AM to 02:30 PM UTC. This applies to all forms of communication, including emails, instant messages, phone calls, and meetings on various online platforms. We strive to be flexible for pre-scheduled calls and meetings, though we prefer prior notice of at least 24 hours in such cases.

Of course, you can. We have a wide pool of qualified accountants available for remote work, with hourly rates starting at just $10 per hour. We will also provide full support for IT and related needs.

We do not subcontract or sublet our work. As noted above, we have a trusted in-house team of professionals to execute the work assigned by our clients.

We follow a thorough hiring process for our employees:

  • Shortlisting resumes and screening the candidates.
  • Initial interview to ascertain knowledge, attitude and communication skills.
  • Background verification based on employment history.
  • Reference verification to evaluate past performance and conduct.
  • Final interview to evaluate overall fit with the role and our organisation.

We have strong HR processes for learning and development (L&D) and an effective team to
ensure that we stay abreast of recent changes both individually and as an organisation. This is
achieved through implementing a strict training calendar which includes:

  • In-house trainings
  • Online/offline courses.
  • Seminars/webinars.
 

We also subscribe to several publications and online resources.

Data Security & Project Management

We are an organization with strict policies and processes to ensure that
client data remains secure and confidential.

► All employees work on the assigned computers with appropriate restrictions on
(1) external device connections
(2) data sharing capabilities and
(3) device data storage limits.

► All client and work data are stored on servers with best-in-class storage system
as well as security and firewall protection. Systematic remote backup processes are in
place.

► All IT assets have exclusively domain-based access and have centralised anti-virus
protection.

Besides, we enter into non-disclosure and confidentiality agreements with our clients.

We are open to using any online tool or utility required by the client. However, we recommend
established and secure data transfers platforms. Some of these include:
► File Transfer Protocol (FTP)
► Google Drive
► One Drive
► Dropbox

We have a multichannel review process to ensure service accuracy. This includes the makerchecker concept where our services get thoroughly reviewed before the final delivery.

Yes, we assign one backup resource to provide redundancy and ensure timely completion in the
event of unavailability of the primary Single Point of Contact (SPOC) due to any unforeseen
circumstances. Both SPOC and the backup resource are assigned at the beginning of the project.

To ensure that our team and clients are on the same page, we have institutionalised a
mechanism of Weekly Status Updates. These updates the send to each client by emails every
Friday and include information on
(a) list of activities completed,
(b) list of activities under progress, and
(c) any requirements that our teams may have from the client to complete the assigned tasks.
Apart from this, there are periodic and need-based meetings that carried out by the SPOCs.
These depend on specific requirements of the assignment and vary from project to project.

The monthly financial reports are usually shared with the clients on or before the 7th business
day of the subsequent month. This is subject to timely availability of necessary information from
the client in line with a schedule which is agreed in advance.

During our on-boarding process, we request the client to share the following:

► First, we understand the client’s business. To know how the business is structured, we
usually need incorporation documents and/or previous year’s tax returns.

► For accounting and bookkeeping tasks, standard requirements include bank and credit
cards statements, bills, invoices and receipts for the period under review.

► Access to software and utilities necessary to carry out the project.

► Any SOPs or training on specific processes, if required

► Any Additional Information based on requirement.

► Any agreements outlining the scope of work and proposed terms, if required.

We are open to all forms of written, audio, and video communication to ensure smooth collaboration. Our team is available via emails, phone calls, and various popular instant messaging and communication platforms, including Skype, Slack, Basecamp, Microsoft Teams, Telegram, Google Meet, Zoom, and WhatsApp.

We also support video conferencing, screen sharing, and collaborative document editing for real-time feedback and updates. Additionally, we’re flexible and happy to adapt to any other platform or tool preferred by the client to suit their unique communication needs.

Benefits of Choosing GrandWorth

GrandWorth stands out due to our personalized approach, expertise in various financial services, and dedication to helping businesses grow while maintaining compliance and efficiency.

Working with us comes with remarkable benefits:
► Capability
► In-house country and industry-specific accounting and taxation experts.
► An expanded bouquet of professional services under one roof.
► Comprehensive end-to-end business support services
► Customized solutions for unique client needs.
► Rapid scalability to meet growing demands of business.
► Communication
► Single point of contact (SPOC)
► Complete transparency
► 24-hour turnaround time
► On-time weekly status updates
► Process driven culture ensures quality and on-time delivery.
► Security and confidentiality (already discussed above).

Yes, we tailor our services to meet the unique needs of various industries, ensuring that our clients receive solutions that align with their specific business goals.

By outsourcing financial and operational tasks to GrandWorth, businesses can focus on core activities while we handle complex financial processes, saving time and operational costs.

Accounting & Bookkeeping

Yes definitely! We offer comprehensive accounting and/or Bookkeeping consulting services. Whether you’re just starting out or have been in business for a while, our experts can help you with everything from initial accounting setup and planning to outsourcing processes and workflow optimization. We offer an absolutely free consultation and Free Demo before you sign up with us.

Our pricing is transparent and customized to your specific needs. We offer various pricing models, including monthly fixed fees or project-based pricing, depending on the scope and complexity of your Accounting & bookkeeping requirements. You can reach out to us and we can together find the best plan that fits your budget and business goals.

To ensure that our team and clients are on the same page, we have institutionalized a mechanism of Weekly Status Updates. These updates are sent to each client by email every Friday and include information on-

 List of activities completed
 List of activities under progress, and 
 Any requirements that our teams may have from the client to complete the assigned tasks

Apart from this, there are periodic and need-based meetings that are carried out by the SPOCs. These depend on the specific requirements of the assignment and vary from project to project.

GrandWorth has a team of certified accounting experts who are well-versed in a wide range of cloud-based accounting software, including:

QuickBooks, Xero, Zoho Books, Wave, FreshBooks, NetSuite, SAP, Oracle, Microsoft Dynamics GP, Sage, MYOB, ClearBooks, TrustBooks, Kashoo, FreeAgent, Quicken, Mint, Aplos, MIP, and AccountEdge

If you haven’t selected a software yet, our experienced advisors can offer top picks based on your business and industry’s specific requirements. Check out our software pages and connect with our team by filling up a form here for custom recommendations.

Yes, our bookkeeping services include tax preparation and support to ensure compliance with all relevant laws and regulations of your country. We have in-house tax professionals for major countries such as the USA, the UK, Australia, Singapore, the UAE, KSA and more.

Absolutely! GrnadWorth has certified accounting experts who have successfully completed several projects requiring data transitioning from one software to another. We perform end-to-end activities, including exporting all the relevant reports such as transaction lists, balance sheets, profit and loss accounts, reconciliation reports, suppliers and customer details, etc. using data templates. Final validations and reviews are performed to ensure that a mirror image of data from old software is created in new software.

Need help choosing the right software for your business? Our Pro advisors can provide expert recommendations based on your industry’s specific needs and preferences.

We provide a comprehensive suite of financial reports tailored to your business needs, including Advanced Inventory Management, Automated Payroll, Advanced Accounting, Deferred Revenue/ Expenses, Prepaid Expenses/ Expenses, Depreciation/ Amortization Schedules, Unearned Revenue, Balance Sheet, Profit and Loss, Cash Flow, General Ledger, AR & AP Ageing, Schedules; other MIS reports, and Custom reporting. We can also create specific reports based on your unique requirements.

Our goal is to equip you with clear and actionable financial insights to make informed business decisions.

We have a multichannel review process to ensure service accuracy. This includes the maker-checker concept where our services get thoroughly reviewed before the final delivery.

GrandWorth offers tailored accounting advice to help you optimize your financial operations. Our experts stay up-to-date on industry best practices and can provide guidance on implementing efficient processes, improving accuracy, and making data-driven decisions.

We’ll work with you to understand your specific needs and suggest improvements, then assist you in implementing them for a smoother financial journey.

To cater to the diverse needs of different businesses, we’ve curated a range of accounting packages which you can find here. If you require a more flexible solution, we offer custom packages options to suit your specific requirements.

The “best” bookkeeping software depends on the specific needs of your business. At GrandWorth, we work with a variety of software options to cater to different client preferences and business sizes. Instead of recommending a specific software, we prefer to understand your business’s unique requirements and then suggest the most suitable solution. Our team can guide features, pricing, and integration capabilities to help you make an informed decision.

Tax & Regulatory

Tax planning involves strategically organizing your financial affairs to minimize your tax liability. Our experts can help you identify opportunities to reduce your tax burden and optimize your financial position.

We specialize in providing tailored tax solutions for all business sizes including small businesses, LLPs, and corporations across multiple industries. Our services include tax return preparation, bookkeeping, compliance, and more to help your business thrive.

We prioritize the protection of your sensitive financial information. Our robust security measures ensure that your data is handled with the utmost confidentiality and integrity.

Tax Preparation Outsourcing yields your firm tremendous outcomes in the short and long run. Outsourcing Taxation works helps you stay compliant with federal and state tax laws and legislation. You will get your tax reports prepared by veteran tax specialists.

You can concentrate on your other business activities while your tax filing is being handled and delivered with 100% accuracy within the deadline. It helps you achieve scalability without deploying capital on upgrading infrastructure, training human resources, and upgrading software.

Outsourcing tax preparation has several benefits, such as enhancing your internal team productivity, cashing in more projects, and focusing on high-margin revenue generation activities. The following are the salient benefits:

  • Get your client’s tax filing returns statements made on the advanced software
  • Get your tax filing statements prepared by seasoned tax experts at reasonable pricing
  • 100% precision and accuracy in the tax reports, eliminating re-working and adherence to tax laws
  • Robust security and privacy of your client’s data due to the employment of data security measures, stringent policies, rigid protocols, certifications practices, and confidentiality clauses
  • Substantial savings of up to 50% on overhead and operational costs of getting tax filing preparation in-house.

Offshore refers to a destination/city in another country where tax laws and regulations differ from the home country.

Multitudinous businesses are taking advantage of Offshore Tax Haven, which involves shifting your business operations, such as accounting, bookkeeping, tax, and payroll activities, to a country where they can enjoy benefits, such as tax avoidance, minimal or no tax liability for their deposits, politically and economically stable environment, and relaxed regulations.

Companies widely adopt it to enjoy tax-favorable business conditions to maximize their net profits.

We recommend considering the following workflow and elements for outsourcing income tax preparation:

  • First, you have to identify your needs to determine whether you want to hire tax preparation services for seasonal work or a single clientele work.
  • After that, you have to decide whether to hire outsourcing tax preparation services at an hourly rate or a project-based pricing model.
  • Next, you have to research which countries are offering offshore tax preparers at a modest price than your nation.
  • After shortlisting the nations, you have to explore which service providers offer the services you are looking for.
  • Once you have shortlisted the companies, you have to review their portfolio, check their reviews, pricing models, compliance policies, and punctuality to meet deadlines.
  • After the above step, your ideal firm will be on the list. Next, you have to establish a fair, transparent deal and NDA with the service provider, provide them with sufficient information, and grant access to commence the assigned work.

By following the above steps, you can successfully outsource income tax preparation.

Many CPA and Accounting Firms outsource Tax Preparation Services to take advantage of minimizing tax liabilities. Offshore Tax Consultants are well-versed in techniques and have extensive knowledge to reduce tax liabilities by identifying credits and deductions and reviewing implemented strategies for optimizing current tax position, resulting in significant savings.

Tax Preparation Outsourcing involves hiring a third-party service provider and assigning them the tasks of preparing tax forms, filing returns statements, and related reports in compliance with state laws and regulations and using best practices.

Tax Preparation Outsourcing Services include reviewing prior accounting years’ returns, tracking all credit and debit entries, assessing all deductions, applying exemptions, and other elements to determine the net payable tax amount.

They are highly beneficial as it helps to leverage advanced technology, highly experienced human resources, and expertise of third-party company for obtaining 100% accurate and flawless output.

You will benefit from outsourcing Tax Preparation services positively, as it will speed up your tax filing statement and report preparation. The outsourced Tax Preparers are committed to delivering premier-quality and flawless output within the dedicated timeframe.

They adhere to the deadlines and aim to provide you with assigned tasks in a rapid turnaround time. All their work complies with state tax laws, policies, and regulations.

They employ best practices, cutting-edge technology, and software to process complex tax returns, transactions, multiple accounts, and challenging investment entries with adroitness.

Note: The final timeline will vary depending on the amount of paperwork involved in Tax Report Preparation.

Audit & Assurance

An audit is a comprehensive and systematic examination of a company’s financial statements, aimed at providing an opinion on whether they present a true and fair view in accordance with accounting standards. Assurance services, on the other hand, offer a broader range of evaluations designed to improve the quality and reliability of financial information, without the extensive procedures involved in a full audit. Assurance can be a review, a compilation, or other forms of evaluation that provide varying levels of confidence in financial reporting.

Audit and assurance services help your firm by enhancing financial transparency, building trust with clients, and ensuring compliance with regulations. By identifying potential financial risks or inefficiencies, they enable better decision-making and strategic planning. With our tailored support, we can assist your firm in improving its internal controls, streamlining operations, and boosting credibility, ultimately leading to enhanced client relationships and stronger business growth.

While we provide tailored audit and assurance support, we do not handle full audit engagements. Our services focus on supporting your internal audit functions and providing assurance on specific aspects of financial information, allowing your firm to meet compliance standards and enhance client service without taking on the full burden of audit procedures. This support is scalable, depending on your firm’s unique needs.

We take a personalized approach by first understanding the unique challenges and objectives of your firm. After assessing your firm’s operations and the level of support required, we tailor our audit and assurance services to align with your specific goals. Whether you need assistance with risk management, compliance, or internal controls, our scalable services are designed to integrate seamlessly with your existing processes, giving you the flexibility and expertise needed to support your clients’ needs effectively.

We work with a variety of industries, including accounting firms, professional services, retail, manufacturing, and more. Our team brings industry-specific expertise to each engagement, ensuring that your firm receives valuable insights that are relevant to your sector. We understand the unique challenges each industry faces and tailor our services to help you navigate those challenges while complying with regulatory requirements.

We ensure compliance by staying up to date with the latest industry regulations, accounting standards, and legal requirements. Our team follows established guidelines such as GAAP (Generally Accepted Accounting Principles), IFRS (International Financial Reporting Standards), and other relevant standards. We conduct regular reviews of our practices and make necessary adjustments to ensure our services adhere to the highest compliance standards, safeguarding both your firm and clients from any legal or financial risks.

The turnaround time for an assurance engagement can vary based on the scope and complexity of the service. For a standard review, it may take a few weeks, while more extensive services could take longer. We focus on delivering quality results efficiently without compromising the accuracy and integrity of the work. Our team works closely with you to set clear timelines and ensure that we meet your deadlines while delivering reliable and thorough results.

Yes, we offer support for internal audits and reviews to help your firm assess and improve its internal controls, operational efficiency, and financial processes. Our internal audit services are designed to identify any weaknesses or areas of improvement, ensuring that your operations remain compliant, effective, and secure. We collaborate with your team to provide actionable insights that will enhance your overall financial governance and risk management practices.

Confidentiality is a top priority in all our engagements. We adhere to strict security protocols to ensure that all financial data and sensitive information remain protected throughout the engagement. Our team members are trained to handle client data with the utmost care, and we use secure platforms to exchange documents and information. We also sign confidentiality agreements with our clients to further guarantee that your firm’s financial information is not shared or disclosed without permission.

The cost of our services depends on several factors, including the complexity and scope of the engagement, as well as the level of support your firm requires. We provide transparent pricing and will give you a clear breakdown of the fees before starting any engagement. Our goal is to deliver high-quality services at competitive rates, ensuring that you receive the best value for your investment. We’re happy to discuss your specific needs and provide a customized quote based on the level of service required.

Company Formation

The process involves selecting a business structure, preparing incorporation documents, registering with the relevant authorities, obtaining licenses, and fulfilling any local tax requirements.

The time frame varies by country, typically ranging from a few days to several weeks, depending on the complexity of the setup and regulatory requirements.

Commonly required documents include Articles of Association, proof of address, identification of directors and shareholders, and, in some cases, business plans.

Typical structures include limited liability companies (LLCs), partnerships, sole proprietorships, and corporations. The choice depends on your business needs and legal requirements.

Most jurisdictions require a registered office address as the official place for legal correspondence. However, in many cases, a virtual office address can be used to meet this requirement, provided it complies with local regulatory standards. This can be a cost-effective solution for businesses that do not need a physical office.

Yes, businesses often need to submit annual reports, file taxes, maintain corporate records, and comply with other regulatory obligations.

Yes, foreign nationals can form companies in most supported countries, but additional documentation and procedures may apply.

Incorporation provides benefits such as limited liability protection, enhanced credibility, and potential tax advantages.

Choosing the right structure depends on factors like liability preferences, tax implications, ownership flexibility, and business goals. Consulting with experts can help you make the best choice.

Costs vary by country and include registration fees, legal fees, and any additional charges for business licenses and permits.

Virtual Assistance

Hiring a virtual assistant can save time, reduce operational costs, and increase efficiency by allowing you to focus on core business activities while we handle routine or specialized tasks.

Yes, our virtual assistants have experience across various industries and are equipped to adapt to your business’s specific needs, ensuring customized support.

Absolutely. We offer flexible arrangements, allowing you to hire a virtual assistant for short-term projects, part-time, or full-time support based on your requirements.

Communication can be maintained through email, phone calls, video conferencing, and project management tools, ensuring seamless coordination and progress tracking.

Yes, you can customize the tasks and responsibilities to match your business needs. Our virtual assistant services are flexible, allowing you to define specific duties, set priorities, and adjust the workload as needed. This ensures that your virtual assistant is focused on tasks that bring the most value to your business.

Yes, we prioritize data security and confidentiality. We use secure tools and follow strict protocols to protect your information and ensure privacy.

Yes, our virtual assistants are adept at social media management, including content creation, scheduling posts, monitoring engagement, and running marketing campaigns.

We aim for a smooth onboarding process that typically takes a few days. We match you with a virtual assistant who aligns with your needs and start promptly.

Our pricing models are flexible, designed to cater to the specific needs and budget of your business. We offer hourly rates, project-based pricing, or retainer packages.

Absolutely! Our services are designed to be scalable, allowing you to adjust the level of support as your business needs change.

Fractional CFO

Controllership services provide strategic financial leadership and support, helping businesses optimize their financial management processes, improve decision-making, and achieve their strategic goals. A Financial Controller/Fractional CFO:

  • Ensures Accuracy and Compliance
  • Aids Strategic Planning
  • Reduces Costs
  • Manages Risk
  • Provides Strategic Advice
  • Optimizes Cash Flow
  • Boosts Operational Efficiency
  • Builds Stakeholder Confidence

Our controllers bring extensive experience and expertise to every client engagement, providing customized solutions tailored to meet each client’s specific needs and objectives. We go beyond traditional controllership to offer strategic guidance and support that drives long-term success.

A fractional CFO can provide expert financial management, strategic planning, and oversight at a fraction of the cost of hiring a full-time CFO, which is ideal for growing or mid-sized businesses.

Small to medium-sized businesses, startups, and organizations experiencing growth or financial challenges can benefit significantly from fractional CFO services.

A fractional CFO collaborates with your current finance team, providing leadership, mentoring, and strategic direction to enhance overall financial performance.

If your business is growing rapidly or facing complex financial challenges, a fractional CFO can be the game-changer you need. Signs you may benefit from hiring a fractional CFO include struggling with cash flow management, lacking strategic financial plans, or needing professional-level financial insights to guide important business decisions. If your existing finance team is overburdened or lacks the expertise for advanced financial strategy, a fractional CFO provides the leadership and high-level analysis necessary for sustainable growth. By bringing in an expert on a flexible basis, you gain access to deep financial acumen without the full-time cost, allowing your business to thrive and remain competitive in a dynamic market.

Our controllership services are flexible and customizable, allowing us to work with businesses of all sizes and industries. We tailor our services to meet each client’s unique needs and objectives, providing the support and guidance they need to succeed.

Yes, a fractional CFO can develop comprehensive financial plans, improve financial reporting, and ensure your business is attractive to investors and lenders.

The level of involvement depends on your needs. While we primarily focus on high-level strategy and planning, we can also support day-to-day financial operations as needed.

Yes, startups can greatly benefit from a fractional CFO’s strategic guidance, especially for fundraising, financial planning, and scaling operations.

Receivables & Payables Management

Outsourcing is trending across every industry vertical in the world, and accounting is utilizing it to the full extent. Accounts Receivables Outsourcing is a highly preferred option by firms to outsource their process and operations of payment collection management from customers and clients.

At Grandworth, we adroitly handles all tasks from accounts reconciliation to follow-up on unpaid invoices and bills and many more. It helps you stay worry-free about payment collection activities and focus on other business activities.

Many forms (practices) of accounts receivable are adopted by AR processors worldwide. However, the following are the best practices which must be implemented:

  • Setting up Automation
  • Outlining Credit and Collection Policies and Following them
  • Agile Approach to involve teams throughout the process
  • Constant Follow-up for Quick Payments Collection
  • Employing Electronic Billing Software, Right KPIs, and Online Payment options

The accounts receivables can be processed in multiple ways. However, we recommend the following steps for efficiently processing accounts receivables:

  1. Formulation of Payment Collection and Escalation Plan
  2. Creating a Credit Application Process
  3. Determining the Accounts Receivable Management Software and Tools
  4. Outlining the Consumer Credit Laws for Compliance
  5. Issuing Invoices
  6. Tracking (monitoring) of the Payment Collection Process
  7. Recording all the expenses and charges levied in real-time
  8. Encouraging Early Payment Discounts
  9. Fostering and maintaining Long Term Business Relations
  10. Efficiently Resolving Customer Queries and Escalations

Accounts Receivables Outsourcing is a wiser decision to get relieved from internal processing and managing accounts receivables. And you can utilize the free time, resources, and infrastructure to grow your business.

Your savings will be increased to 50% as you won’t have to worry about upgrading your software and technology, hiring a new workforce, or training existing ones on the latest tools.

By outsourcing Accounts Receivables management, your AR will be handled with 100% precision, resulting in improved payment collection duration and increased customer retention rate. Accounts Receivable Outsourcing cost is minimal and helps you enjoy significant advantages of arbitrage savings on labor costs.

Yes, accounts receivable can be automated because of technological advancement and software. It is intelligent to automate accounts receivables tasks, centralize them at a single destination, and streamline workflows. It makes the payment collection process efficient and simplifies follow-up activities. 

At Grandworth, we facilitate your AR process by providing automated solutions to speed up the collection process and increase the customer retention rate.

Yes, you can outsource accounts payable to third-party Accounts Payable Outsourcing Providers. Its chief benefit is a significant reduction and savings in operating and overhead costs of up to 50%. It has become a primary aspect for businesses to outsource Accounts Payable Services.

Also, it enables businesses to hire highly qualified and experienced accountants with extensive expertise and skillsets at arbitrage savings of workforce cost to broaden their service portfolio and capture a substantial portion of the competitive local business market.

There are numerous ways to process accounts payable. The following is one of the ideal process:

  1. Order placement for goods/services and generation of a Purchase Order (PO)
  2. After receiving the order, the business takes receipt of it to create a receiving report. The accountant tallies the purchase with the PO to verify that all the ordered items are received.
  3. After confirmation, the vendor/supplier generates the final invoice, and the business performs a 3-way matching between the final invoice, receiving the report, and PO.
  4. And lastly, the payment is disbursed after the approval and the cycle is completed.

There are several benefits of Accounts Payable Outsourcing, which businesses consider to take their operations to newer heights. The following are the salient benefits:

  • Expanding your firm scale by hiring seasoned accountants and leveraging the infrastructure and resources of third-party instead of deploying them in-house
  • Cash in numerous projects during seasonal months without worrying about staffing new workforce and get ongoing projects-specific tasks completed in a shorter turnaround time
  • Get relief from Accounts Receivables activities and utilize the saved time in other core business areas and strategy formulation.
  • Outsourcing accounts payables gives your clients highly professional and exceptional customer support service.
  • Record the invoices and bills systematically and enhance the firm’s goodwill by timely payments to vendors and suppliers.
  • Access the dashboards and dynamic reports for in-depth analysis and profound insights.

Our accounts receivable and payable services are designed to help your business maintain a steady cash flow by streamlining payment cycles and improving financial predictability. On the accounts receivable side, we ensure timely follow-up on outstanding invoices, reducing the time it takes to collect payments from customers. We also offer credit management, aging reports, and structured escalation processes to minimize overdue accounts. For accounts payable, we optimize payment scheduling, taking advantage of early payment discounts while avoiding late fees. By managing both inflows and outflows efficiently, we help you forecast and control your cash flow more effectively, leading to better financial health and business growth.

Yes, compliance with financial regulations is a key part of our service. Our accounts receivable and payable processes are designed to adhere to industry standards and regulatory requirements, such as those related to data privacy, tax reporting, and financial transparency. We maintain thorough records of all transactions and provide documentation for audits and compliance checks. Our team stays updated on regulatory changes to ensure your accounts are managed in line with the latest requirements. Additionally, we offer compliance reporting to give you peace of mind that your accounts are being handled with the highest level of integrity and accountability.

Payroll Processing

Payroll Process Outsourcing involves delegating a chunk of your business payroll activities or entire operations to a third-party payroll outsource company. They are proficient in handling payroll management of your organization by recording employees’ activities and entering required information to determine net pay.

They provide you with the final salary payment amount and payroll taxes. Apart from that, they also offer assistance with unemployment claims, tax reporting, and regulatory compliance.

Outsourcing payroll helps save time, reduce costs, and ensure compliance with tax laws and labor regulations. It eliminates the risk of errors and penalties, provides access to expert knowledge, and enhances data security. By outsourcing, you also free up internal resources to focus on core business activities, while ensuring employees are paid accurately and on time. It’s a cost-effective solution that scales with your business needs.

We ensure compliance by staying up-to-date with the latest federal, state, and local tax laws and regulations. Our team monitors any changes in payroll requirements and ensures that your payroll is processed correctly, with all necessary taxes and deductions calculated and paid on time. We also handle the filing of required forms such as W-2s and 1099s, ensuring that your business meets all compliance deadlines and avoids penalties.

es, we are equipped to handle multi-state payroll. We understand that each state has its own tax laws and regulations, and we ensure compliance with these varying requirements. We manage state tax withholdings, filing obligations, and reporting for employees working in different states, so your business stays compliant no matter where your employees are located.

Setting up payroll with us is simple and straightforward. We begin by gathering all necessary information about your business, including employee details, pay schedules, and tax requirements. Once we have this information, we calculate any deductions for benefits, taxes, and additional information such as retirement plans. After everything is set up, we handle the entire payroll process, ensuring that employees are paid accurately and on time.

Yes, we manage employee benefits and deductions, including health insurance, retirement contributions, and other voluntary deductions. We ensure all deductions are accurate and in compliance with applicable laws. We also work directly with benefit providers to ensure everything is processed smoothly and reported correctly.

If an error occurs, we take immediate responsibility for resolving the issue. We will work quickly to investigate the cause of the mistake, correct it, and ensure that the correct amount is paid to employees. Any discrepancies are promptly addressed, and we ensure your employees are paid accurately and on time, with minimal disruption to your business.

We manage payroll for all types of employees, including full-time, part-time, temporary workers, and independent contractors. We ensure that each employee’s pay is calculated correctly according to their employment status, whether it’s salary, hourly, or contract-based, and make sure all tax withholdings and benefits are handled accordingly.

We follow a structured process to ensure payroll is processed on time and accurately. We review all employee information and timesheets, calculate wages and deductions, and verify tax withholdings before initiating payments. Our team double-checks everything to ensure accuracy and compliance before any payroll is issued.

We offer flexibility and can handle any changes to payroll mid-cycle. Whether it’s salary adjustments, new hires, terminations, or other changes, simply notify us, and we will make the necessary updates to ensure your payroll remains accurate and up-to-date, including adjusting tax withholdings and benefits as required.

Invoice Processing

Invoice processing involves receiving, validating, matching, and recording invoices in your financial system. It ensures timely payments to suppliers while maintaining accuracy and compliance with your accounting standards.

Outsourcing invoice processing saves time and reduces errors, allowing you to focus on core business activities. It also ensures quicker payment cycles, stronger supplier relationships, and enhanced cash flow management.

Yes, we manage both paper and electronic invoices. Our team extracts and processes data from both formats, ensuring accuracy in recording and timely approvals.

We proactively address discrepancies by investigating the cause, communicating with vendors, and working with your team to resolve issues quickly and efficiently, ensuring no payment delays.

Yes, we ensure that all invoices comply with applicable tax laws, including VAT, GST, sales tax, and withholding tax. We also provide accurate tax reporting to avoid any compliance issues.

Yes, we can process international invoices, manage currency conversions, and ensure compliance with local tax laws in different countries.

Yes, we provide detailed tracking and reporting of invoice statuses, from receipt through approval and payment, giving you visibility into your accounts payable process.

The cost of processing an outsourced invoice depends on numerous factors, such as the country you are outsourcing to, the service provider hourly rate, invoice processors’ experience and qualification, the overall expertise of the invoice processing outsourcing firm, and a couple more.

We provide the most affordable prices for processing invoices. We devise a tailored pricing solution to meet your requirements.

The average number of invoices processed by an in-house accounts team and outsourced ones in a day varies on several factors, such as the number of employees, the software they are using, and their adroitness. However, the estimated invoice processed in an hour averages around 4-5. It means that in an 8-hour shift, it will be around 35-40, and monthly 650-800.

Yes, we provide regular reports on invoice status, payment tracking, and outstanding liabilities, offering insights into your company’s financial health.

Job role: Senior Associate - US Tax

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Mid-Senior Level

• Location: Calicut, Kerala

Key Responsibilities:

  • Preparation and detail review of US state and local income tax returns, including state modification calculations, multi-state allocation and apportionment calculations, calculation and documentation of state credits.
  • Prepare and Detail review of workpapers and calculate Sate taxable income
  • Participate in the state estimated and extension tax payments process
  • Participate in client meetings and presentations to discuss and resolve tax matters.
  • Manage client engagement timelines and priorities, liaising with the resource management team to align staff assignments with engagement demands.
  • Collaborating within an interactive team to engage in the tax planning and consultation process, committed to delivering an inclusive and exceptional client experience.
  • Conducting research on client issues and effectively communicating findings with managers.
  • Utilizing interpersonal skills to interact with clients and team members.
  • Continuously upgrade your knowledge of new tax techniques and stay informed about changes in tax regulations.
  • Provide mentorship to junior staff and interns, supporting their growth and enhancing the collective success of our inclusive team.
  • Play a key role in the Tax team to deliver exceptional client service within a collaborative team environment.

Key Skills:

  • Good verbal and written communication skills.
  • Proficiency in using Tax software like OneSource Income Tax, CCH and Go system
  • Ability to work independently and as part of a team in a fast-paced environment
  • Detail-oriented with a commitment to accuracy and quality in all work tasks.
  • Excellent teaming and interpersonal skills.
  • Positive attitude and ability to excel under tight timelines.
  • Interest in business and commerciality.

Experience and Qualification:

• 2-4 years of experience in US income taxation experience

• Master’s degree or Enrolled Agent certification

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Job role: EM Team - Staff

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Mid-Junior Level

• Location: Calicut, Kerala

Key Responsibilities:

  • Timely updation of resource schedules on scheduling tools 
  • Timely review and resolution of scheduling conflicts.
  • Proactive review of resource availability /resource requirements.
  • Mailbox management and fulfilling the scheduling requests coming through mails in defined TAT.
  • Optimization of resource utilization through effective schedule management.
  • Basic reporting and analysis.

Key Skills:

  • Good verbal and written communication skills.
  • Basic knowledge of MS Excel.
  • Excellent teaming and interpersonal skills.
  • Positive attitude and ability to excel under tight timelines.
  • Interest in business and commerciality.

Experience and Qualification:

• 0-3 years of relevant resource management/workforce management / exposure in General Operations with strong acumen in resource management preferred.

• Bachelor’s degree in Human Resources, Business Administration, or related field.

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Job role: Junior HR Executive

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Junior Level

• Location: Calicut, Kerala

Key Responsibilities:

  • Assist in the recruitment process, including posting job openings, screening resumes, and scheduling interviews.

  • Support the onboarding process for new employees.

  • Help maintain and update employee records and documentation.

  • Assist in organizing employee engagement activities and events.

  • Provide support in payroll processing and compliance with labor regulations.

  • Help with general HR administrative tasks and projects.

Key Skills:

  • Basic knowledge of HR practices and labor laws.

  • Strong communication and interpersonal skills.

  • Proficiency in MS Office; experience with HR software is a plus.

  • Willingness to learn and a proactive approach to tasks.

Experience and Qualification:

• Internship or up to 2 years of experience in HR roles preferred.

• Bachelor’s degree in Human Resources, Business Administration, or related field.

Take the first step! Apply for the job now...

Job role: Finance Intern

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Entry-level, 3-6 months contract

• Location: Remote

Key Responsibilities:

  • Assist with day-to-day accounting tasks, including data entry and ledger management.

  • Support in preparing financial statements and reports.

  • Perform reconciliations of bank statements.

  • Assist in maintaining accounts payable and receivable records.

  • Work closely with senior accountants and contribute to month-end closing processes.

  • Ensure compliance with company policies and accounting regulations.

Key Skills:

  • Basic knowledge of accounting principles and practices.

  • Proficiency in MS Office (particularly Excel) and accounting software (e.g., Tally, QuickBooks).

  • Strong analytical skills and attention to detail.

  • Good communication skills and a proactive approach to learning.

Experience and Qualification:

• Experience required (0-6 months)

• ACCA part-qualified/CA Intermediate

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Job role: Executive Assistant

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Mid-senior level

• Location: Calicut, Kerala

Executive assistant

An executive assistant coordinates and provides high-quality administrative support to the executive team. The role may include analyzing documents, preparing research reports, coordinating travel arrangements and occasionally supervising staff members. 

Key Responsibilities:

• Schedule appointments, and maintain and update supervisors’ daily calendar

• Coordinate travel arrangements, prepare itineraries, plan logistics, and prepare presentations.

• Screen all incoming phone calls, inquiries, visitors, and correspondence, and route accordingly

• Maintain confidentiality of highly sensitive information.

• Manage complex office administrative work requiring the use of independent judgment and initiative

Key Skills:

• Strong organizational skills and ability to prioritize multiple tasks seamlessly with a strong attention to detail

• Proficient in Microsoft Office (Outlook, Word, Excel, and Power Point), Adobe Acrobat, and social media web platforms.

• Strong interpersonal skills and the ability to build relationships with key stakeholders

Experience and Qualification:

• Experience required (1-3 yrs)

• Any graduate/MBA/Mcom

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Job role: Foreign Accounting Asst. Manager

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Mid-senior level

• Location: Calicut, Kerala

Team Foreign Accounting

Is responsible for overseeing and performing a wide range of bookkeeping tasks as well as Tax preparations. They will collaborate with clients, team members, and managers to provide high-quality bookkeeping & taxation services to maintain the financial integrity of the business.

Key Responsibilities:

• Utilize advanced knowledge of QuickBooks/Xero/Sage etc software to perform various bookkeeping tasks, including data entry, account reconciliation, and financial reporting.

• Accurately record financial transactions, including accounts payable, accounts receivable, payroll, and general ledger entries.

• Perform regular reconciliations of bank statements and financial accounts to ensure accuracy and identify any discrepancies.

• Process payroll, including calculating wages, deductions, and taxes, and ensure compliance with applicable laws and regulations.

• Prepare and generate financial reports, including profit and loss statements, balance sheets, and cash flow statements, using accounting software or spreadsheets.

• Assist in the month-end and year-end closing processes, including preparing adjusting entries, accruals, and reconciling accounts.

• Interact with clients to gather financial information, resolve queries, and provide regular updates on the status of their bookkeeping activities.

• Support the preparation and filing of various tax returns, such as sales tax, payroll tax, and income tax, in accordance with local, state, and federal regulations.

• Responsible for Preparation and review of US Personal, Business tax returns and tax projections.

• Deliver high-quality, accurate and timely work products.

• Keeping oneself updated with US/UK/ Canadian laws by participating in educational opportunities, reading professional publications, indulging in self-training.

• Perform research, propose solutions and be able to explain one’s findings pertaining to technical matters.

• Responsible for overall process performances and business requirements of clients daily.

• Self- manage multiple assigned clients and perform assignments within given time budgets and due dates.

• To have interpersonal and soft skills which are essential for drafting emails and being interactive with colleagues and managers

• Work closely with other team members, including associates and managers, to maintain open communication, share knowledge, and ensure consistent service delivery.

Key Skills:

Must Have

• Knowledge of QuickBooks/Xero/Sage.

• US/UK/Canadian Tax preparation experience.

Good to have

• Team handling

Experience and Qualification:

• Qualified CA/CMA/ACCA with 0 to 3 years or MBA Finance, 5-7 years of experience in similar role.

• Strong accounting skills, effective communication, self-discipline, analytics and research abilities.

• Possess solid working knowledge of MS office and able to learn different software’s/applications.

• Interests in problem solving, logic, troubleshooting is very helpful.

• Responsible for team, allocating tasks and assessing team members work performance as per set parameters.

Take the first step! Apply for the job now...

Job role: Foreign Accounting Sr. Executive

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Mid -Junior Level

• Location: Calicut, Kerala

Team Foreign Accounting

Is responsible for overseeing and performing a wide range of bookkeeping tasks as well as Tax preparations. They will collaborate with clients, team members, and managers to provide high-quality bookkeeping & taxation services to maintain the financial integrity of the business.

Key Responsibilities:

• Manage accounting operations including accounts receivable, accounts payable, general ledger entries, and bank reconciliations

• Ensure accurate recording and categorization of financial transactions, such as sales, purchases, expenses, and journal entries.

• Perform month-end and year-end closing procedures, including reconciling accounts, preparing adjusting entries, and assisting in financial statement preparation.

• Prepare and analyze financial statements, including profit and loss statements, balance sheets, and cash flow statements, on a regular basis.

• Stay updated on changes in accounting standards, tax regulations, and industry best practices to ensure compliance and recommend process improvements.

• Interact with clients to gather financial information, resolve queries, and provide regular updates on the status of their bookkeeping activities.

• To have interpersonal and soft skills which are essential for drafting emails and being interactive with colleagues, managers and clients.

Key Skills:

• Proficiency in MS Excel and other accounting tools.

• Minimum of 2 – 3 years’ experience with using QuickBooks, Zoho Books, Wave, Xero etc.

Experience and Qualification:

• Bachelor’s degree in accounting, finance, or a related field.

• Proven experience working with industry specific accounting software.

• Excellent attention to detail and accuracy in data entry and financial analysis.

• Strong analytical and problem-solving skills.

• Ability to work independently and manage multiple tasks and deadlines effectively.

• Good communication and interpersonal skills to collaborate with cross-functional teams.

Take the first step! Apply for the job now...

Job role: Content Writer

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Junior Level

• Location: Calicut

We are in the lookout for a talented Content Writer to create compelling blog posts, white papers, product descriptions, social media content and web copy. We’re looking for someone who can expand our digital footprint and drive more value through online content. You should have had a proven track record of producing pieces that increase engagement and drive leads. This role requires high level of creativity, as well as the ability to use data-driven insights to write better material. 

Key Responsibilities:

• Creating concise, eye-catching, and innovative headlines and body copy

• Researching and organizing facts and sources

• Consistently brainstorming and collaborating with team for new ideas and strategies

• Building a following for brand on social media with creative work

• Researching markets and industries to compare and create content that is innovative and original

• Collaborating with campaign managers, creative team, and designers

• Writing a wide variety of topics for multiple platforms (website, blogs, articles, social updates, banners, case studies, guides, white papers, etc.)

• Be willing to answer any questions posted by their readers.

• Create content on e-books, podcasts etc.

• Promote content on social media

• Identify customers’ needs and gaps in our content and recommend new topics

• Ensure all-around consistency (style, fonts, images and tone)

• Update website content as needed

• Edit content produced by other members of the team

• Analyse content marketing metrics and makes changes as needed 

• Collaborate with other departments to create innovative content idea 

Key Skills:

• Proven work experience as a Content Writer, copywriter or similar role

• Portfolio of published articles

• Experience doing research using multiple sources

• Familiarity with web publications

• Excellent writing and editing skills in English

• Hands-on experience with Content Management Systems (e.g. WordPress)

• Ability to meet deadlines

• Knowledge of digital marketing tactics, including SEO, email marketing and web analytics

Experience and Qualification:

• Bachelors/Masters in English, Journalism, Marketing or related field 

Take the first step! Apply for the job now...

Job role: Foreign Accounting Executive

At GrandWorth Financial Consultancy, we believe that excellence is built on innovation, collaboration, and the continuous development of our people. As a global player in providing comprehensive financial services—including accounting, bookkeeping, auditing, tax planning, receivable and payable management, payroll processing, invoice management, and fractional CFO services—we empower our team to make an impact in the financial landscape.

When you join GrandWorth, you become part of a forward-thinking consultancy that values integrity, client-centric solutions, and teamwork. We offer opportunities to expand your skillset, engage in challenging projects, and collaborate with experts who are passionate about delivering the highest standards of service. Whether you’re an experienced professional or just beginning your career in the financial field, we invite you to contribute to our legacy of trust and excellence.

Job Description

• Full time, Junior Level
• Location: Remote job oppurtunity

Team Foreign Accounting

Is responsible for overseeing and performing a wide range of bookkeeping tasks as well as Tax preparations. They will collaborate with clients, team members, and managers to provide high-quality bookkeeping & taxation services to maintain the financial integrity of the business.

Key Responsibilities:

• Manage accounting operations including accounts receivable, accounts payable, general ledger entries, and bank reconciliations.

• Ensure accurate recording and categorization of financial transactions, such as sales, purchases, expenses, and journal entries.

• Interact with clients to gather financial information, resolve queries, and provide regular updates on the status of their bookkeeping activities

• To have interpersonal and soft skills which are essential for drafting emails and being interactive with colleagues, managers, and clients

Key Skills:

• Proficiency in MS Excel and other accounting tools.

• Minimum of 0 – 1 year experience with using QuickBooks, Zoho Books, Wave, Xero etc.

Experience and Qualification:

• Qualified Bachelor’s degree in accounting, finance, or a related field.

• Good communication and interpersonal skills to collaborate with cross-functional teams.

Take the first step! Apply for the job now...

— No Strings Attached —

Free Bookkeeping and Tax Support for
One Month