A global energy company outsourced the finance function for its UK subsidiary to Crowe UK’s Business Advisory and Accounting team.
Our client needed a reliable outsourced finance solution for its UK battery facility, covering bookkeeping, management reporting, accounting and tax compliance. Specialist tax advice was also required to support the subsidiary as its UK operations developed.
Crowe UK supported the client’s accounting and tax compliance requirements, meeting strict monthly reporting deadlines and preparing year-end accounts and tax work in line with the wider group reporting schedule.
A flexible outsourced model removed the need to recruit permanent finance staff in the UK, helping the client reduce the cost and complexity of managing local resources in a foreign market.
The team also provided responsive support for ad hoc requests and a comprehensive onboarding process, ensuring the service ran smoothly from initial handover.
The client gained confidence that its UK finance function was under control, compliant and running smoothly. They also benefited from joined-up, cross-service advice to support effective decision-making as the subsidiary continued to grow.