Financial Accounting and Bookkeeping

  • Fully integrated bookkeeping for complete Israeli statutory and tax compliance
  • Full local Israeli payroll function
  • On-going monthly tax and national insurance filings
  • Full outsourced financial management services
  • Full statutory audits and corporate tax work

Support to Local Company Setup, Support and Liaisons

  • Financial, operational and systems set up
  • Registration for income tax, withholding taxes and VAT
  • Bituach Leumi
  • Periodic tax filings
  • Bank account setup and local liaisons
  • Supplier and creditor management
  • Local VAT representation
  • Local office representation
  • Liaisons with statutory auditors with Administrative management of subsidiaries and branches

Management Accounting Services

  • Preparation and presentation of monthly and quarterly reports
  • Annual budgeting, forecasting and YTD analysis and variance reporting
  • Robust working capital reporting and management
  • Reporting in terms of prescribed internal company policy or Lighthouse Finance management reporting solutions

Shadow Financial Manager and Services to the Board of Directors:

  • Support of strategic reviews
  • Board representation
  • Guidance on implementation of control environment and internal controls tailored to specific company risk and local statutory compliance
  • Preparation and presentation of English reports and commentary to company board and stakeholders

Financial Reporting

  • Drafting of annual financial statements in accordance with IFRS and local GAAP
  • Translation of Hebrew financial reports into succinct mother-tongue English, contextualised with professional accounting jargon
  •  Proofreading financial accounting reports, ensuring that it measures up to the highest standard of reporting and communication to key stakeholders