Multinational Companies

ERB specializes in providing a wide range of financial services to multinational  companies with a local presence in the UK  that have financial and operational needs. 

Processing salary data, payment and salary reports:

• Discreet processing and production of pay slips;
• Production of pay slips for employees for personal filing;
• Typing accounting data for detailing the salary components;
• A full report to the accountant or manager regarding salary components for each employee according to division into segments and each division is requested;

• Calculation of salary components that include provisions for all relevant institutions such as: pensions, insurances, loss of earning capacity, etc. on a monthly basis.
• Monitoring, typing, reporting and management of vacation days, maternity leave, etc. in the payroll system.
• Production of a report of periodic calculations of accruals such as compensation, dismissal, vacation and illness.
• Processing all relevant calculations when dismissing an employee and accompanying reports to the authorities.

The Bookkeeper’s services:

• Closing the books on a monthly basis
• Additional reports to the tax authorities and VAT returns
• Bookkeeping in multi-currency accounting system

Pension plans, salary and benefits for employees:

• Establishing a system for employee benefits (pension, higher education, insurance, etc.). In addition to adjusting and determining the plan, we negotiate with the agents to obtain the most beneficial packages for each company.
• We assist and advise on the establishment of a salary and benefits system (holidays, calculation of base salary to which the benefits are added, workbooks for the employee, etc.)

Advice on options, grant and deposit with a trustee.

• We provide a point of contact who is in charge of synchronizing between all service providers such as: lawyers, external auditor, etc.
• Consulting on employee-employer relations.

Financial operation and payments:

• Assistance in opening a bank account and management of the banking relationship. ..
• Serve as authorized signatories on the account.
•  Signing checks, making payments to suppliers, authorities, etc.

Reporting to the authorities, managing contact with the auditor:

We will be responsible for regular reports to the authorities and will manage the relationship with the auditor for audit purposes.

Accounting services:

Through one main contact person and accompanying staff, ERB London provides the following accounting services:

Monthly reports, multi-currency management, in accordance with the standards of the ‘Big 4’, reporting to venture capital funds and private investors.

Financial reports include:

• Balance sheet;
• P&L:
• Cash flow, Burn Rate and Financial Projections
• Payroll reports
• And more  

The reports are provided on a monthly or quarterly  basis, in accordance with the company’s  requirements.

More information about our services:

Salaries are discrete;

We are available 24/7;

ERB London’s financial services are modular and adaptive to the company’s needs, the services are tailored to each company and grow or decrease according to the needs .