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Anderson Anderson and Brown (AAB) has revealed it is “building on the support” it provides the construction sector with two key appointments.
Derek Gemmell will now assume the role of head of construction and property, while Stuart Rose is the new head of construction and property strategy.
The accountancy firm said that Gemmell and Rose have “significant experience” in the sector, and will lead its specialist team that provides a range of services, including tax planning, audit and business advisory, mergers and acquisitions, commercial and residential property finance and payroll.
The appointments reportedly “cement its commitment” to the sector and will be supported by a wider sector focussed team of over 30 specialists, who together support over 200 clients across property development and investment, housebuilders and contractors, construction supplies, facilities management companies and residential property landlords.
Gemmell said: “These past few months have been incredibly challenging for the sector, and there are a number of areas where businesses need to adapt their ways of working, both in their day-to-day operations and in considering their ‘plan-ahead’ strategy.
“Our team is working in partnership with our clients to play our part in assisting them through the ongoing challenges to recover from the last few months, whilst looking ahead to what support they need to build and develop their businesses in the ‘next normal’ and beyond.”
The new appointments come as the construction sector readies to reopen following lockdown.
The firm said that its support of the sector has now shifted from assisting with accessing government support measures, to “planning ahead”, and streamlining processes and procedures to concentrate on cash flow.
AAB added: “This support covers both compliance and advisory services most predominantly focused on working capital, funding and strategy, in addition to tax planning in areas such as corporate structuring and capital allowances in order to deliver the maximum possible value for their business.”
