If your organization needs accounting/bookkeeping support, our offshoring services will help you find highly qualified candidates to fit your business needs.

Increasing demand for outsourcing accountants and bookkeepers

The need for professional accountants and bookkeepers continues to rise as almost every industry requires these essential functions. As such, Certified Public Accountants (CPAs) from the Philippines are recognized for their skills, versatility, and expertise, making them highly employable locally and globally.

Given the ever-increasing trend of using automated and online systems, building an offshore accounting and bookkeeping team becomes much easier and more cost efficient for your organization. You’ll have better access to a wider pool of talent so you can hire the most qualified personnel at less cost versus local sources.

Accountant/bookkeeping responsibilities

When building your team, we ensure that our roster of professional accountants and bookkeepers are experienced in the following core responsibilities

  • Managing accounts receivable and payable
  • Preparing and filing of tax returns
  • Monitoring budgets vs expenditures
  • Auditing financial statements and analyzing financial forecasts
  • Recommending cost efficiency and profit margin measure
  • Compiling and presenting financial and budget reports
  • Ensuring records are in compliance with company regulations and government laws
  • Organizing, maintaining, and updating account records and system

Skills and expertise customized to your needs

Our offshore accounting and bookkeeping solutions are custom fit to your particular business requirements. We make sure that you’ll get the most qualified candidate for the job.

This entails a thorough screening of their skills set and work experience so they are perfectly aligned with the kind of accounting and bookkeeping services that you need in your business.

Our accountants and bookkeepers are highly educated—most of them with CPA and CA accreditation—and have worked in various industries. You can also select candidates who are specially trained in particular fields such as taxation, auditing, financial accounting, and other branches.

If you would rather acquire general services to perform back office bookkeeping functions, we can also set that up as well.

Offshore accounting team structure

Accountants in the Philippines are classified based on their relevant work experience:

Junior accountants

  • new graduates with a relevant degree
  • up to 11 months of work experience

Intermediate accountants

  • 1-3 years of work experience

Senior accountants

  • 3+ years of work experience

Most companies employ offshore accounting teams that have a senior team leader—supported by a senior local accountant—one or more intermediate accountants and one or more junior accountants.

Our accountants and bookkeepers are also well-versed in using the following accounting applications.

TwoConnect Accounting Partners

This will be an incredible asset in streamlining your operations and improving work processes. And you won’t have to spend time training them which gives you more time to focus on business development.

If you need expert accountants who have in-depth knowledge and understanding of the local taxation laws and regulations, such as Australian tax law, we can also provide this service for your company.

To manage your expectations, however, you may need to wait for some time and spend a bit more, although this would still cost less than hiring a local accountant. For this particular need, we would recommend that you hire junior and intermediate accountants from the Philippines with a local senior accountant to conduct the training.

CPAs from the Philippines who are members of the Philippine Institute of Certified Public Accountants (PICPA) have the opportunity to join the Member Pathway Agreement with CPA Australia. This will enable you to engage the services of Filipino accountants who have been verified and accredited by CPA Australia.

If you wish to outsource a dedicated accounting/finance team, Twoconnect can provide you with an excellent offshore staff and the best facilities to suit your business requirements.

 Recruiting the most qualified skilled workers, performance management and employee engagement, providing IT infrastructure and well-maintained work spaces—we can take care of that for you.

Twoconnect’s offshoring operations in the Philippines will give you tremendous benefits in terms of cost efficiency as you can save up to 70% on labour expenses while having full control over your offshore staff that supports your business endeavours.