Outsource accountants to the Philippines

Accountants need to be skilled problem solvers just as much as they need to be good with numbers. By analysing and interpreting financial statements and documents, they become valued assets to an organisation. They possess in-depth financial insight and background information towards an organisation’s projects and financial wellbeing, making them valued strategic advisors to businesses. They are also excellent communicators and can translate financial information into reports that non-financial stakeholders can understand for future business decision-making. 

Outsourcing providers recruit accountants the same way an internal, talent acquisition team would. Essentially, they ask the same questions to understand whether these offshore candidates would be able to provide quality payroll support to Australian organisations:

• What experience and knowledge do you have creating financial statements and tax returns?
• What are your numerical and data entry skills like?
• How do you ensure excellent communication of financial findings between yourself, your team members and management?
• What organisation techniques do you use to maintain accounting records?
• Provide an example of how you showcased a high level of attention to detail.
• What accounting systems are you familiar with?
• Do you possess a CPA or CA qualification?

In terms of qualifications, due to the numerical and financial responsibility accountants have to businesses, a higher degree in accounting or finance is essential. Organisations can even find accountants who are accredited by governing accounting institutions for further expertise. This includes hiring accountants who are CPA (Certified Public Accountant) or CA (Chartered Accountant) qualified. Outsourcing companies can help you find the right candidate to meet your organisation’s accounting requirements, whether they need to be qualified or not.

Benefits of hiring an outsourced accountant

Organisations are able to appreciate the added benefits that come from offshoring accountant duties to the Philippines, including:

What are the costs associated with hiring an offshore accountant?

Outsourcing your accountant services to the Philippines can represent significant cost savings of up to 70%. At Beepo, we offer a simple monthly fee to help you reduce your overheads and focus on growing your business. This monthly fee covers everything: including infrastructure, security, recruitment and training, management and staff benefits.

For more detailed information on costs, please arrange a business consultation so we can tailor a solution to your business needs.

How does hiring an outsource accountant work?

This first step is to find out if your business is offshore ready. If the answer is yes, here are the next steps:

• Create a job description: to help us hire the right candidate for your role. We can also assist in this process to ensure we are finding the best talent in the current local market. 
• Source the right candidate: we source candidates across our database and the local market before presenting you with a shortlist of the most suitable candidates available. 
• Screen and interview: You screen, interview and select the candidate(s) you’d like to hire while we take care of the infrastructure set up to get them ready to work for your business. It’s usually around six to eight weeks to get your offshore staff up and running.
• Onboard and train: your business, along with the operational assistance of our offshore management team, organise new staff onboarding and training, including the use of your systems, any relevant processes and workflows they may need and an overview of your company values and culture. This will help your new team member fit seamlessly into your organisation and assist in effective change management with your existing onshore team members.