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🌟 Strengthen your accounting team with a skilled assistant from Staff Abroad in Vietnam! 🌟 At Staff Abroad, we offer you the opportunity to leverage qualified accounting talents, directly from our offices in Vietnam, to effectively and flexibly support your business. 🎯 Spotlight on the Accounting Assistant role: Our accounting experts help you manage: ✅ Data entry: recording transactions, managing journal entries. ✅ Client follow-ups: tracking payments, handling reminders. ✅ Accounts payable and receivable management: managing supplier and client invoices, monitoring collections and payments. ✅ Preparing financial reports: assisting in preparing documents for balance sheets and tax filings. With their attention to detail and proficiency in accounting tools, our assistants work remotely and seamlessly integrate into your team, ensuring smooth and error-free accounting operations. 💡 Why outsource your accounting with Staff Abroad? Flexibility: tailored accounting solutions to meet your specific needs.  Cost optimization: top expertise at competitive rates.  Rigorous follow-up: precise control to ensure compliance and accuracy in operations. Ready to simplify your business's accounting management? Contact us to learn how our talents can help keep your accounting smooth and efficient! #StaffAbroad #YourTalentsWithoutBorders #Accounting #Outsourcing #AccountingManagement #VietnamTalents 

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Is the accounting talent shortage making it difficult to run your business? You don’t have to face this challenge alone.   Tap into ADEC Oceania’s pool of talented accounting professionals in the Philippines with skills and qualifications to service the Australian market. Get accounting support offshore to:   👉 maximise resources 👉 expand profit margins 👉 drive growth by supporting more local and international opportunities   We’re here to help you solve the problem – not just fill the roles. Discover how: https://lnkd.in/grrDPzP   #Outsourcing #Offshorting #BPO #Accounting

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To successfully run multiple businesses in the Philippines, consider the following strategies: 1. Systematize Workflow: Develop standard operating procedures (SOPs) and delegate management responsibilities to trusted teams. This improves efficiency and ensures consistent operations. 2. Leverage Technology: Use management software for accounting, inventory, and customer relations, along with project management and communication tools to streamline operations and ensure real-time monitoring across businesses. 3. Focus on Core Competencies: Prioritize revenue-generating activities, and outsource non-core functions like IT and payroll to specialized firms, improving focus and profitability. 4. Understand Local Business Practices: Build strong relationships within the local business community and adapt to cultural norms to ensure smooth interactions and business success. 5. Monitor Financial Performance: Keep separate financial records for each business, and conduct regular financial reviews to track profitability and identify inefficiencies. 6. Ensure Legal Compliance: Choose the appropriate legal structures, stay updated on regulations, and consult with legal advisors to avoid fines and penalties. By following these strategies, supported by statistical insights, you can effectively manage multiple businesses, optimize operations, and ensure long-term success in the Philippines.

Heads of Accounting should not take on admin tasks. Here’s why.     🗓Businesses spend 120 working days on admin a year — accounting makes up a quarter of that.     📋 Let’s say you’re struggling to find an accounting assistant, so your Head of Accounting starts to pick up some of those tasks.     💵 The average salary for a Head of Finance in the US is around $280,000. With payroll taxes, benefits, and insurance, the total employer cost is closer to $330k.    💲📉 If they start picking up even half of that accounting admin (15 days), that’s costing your business $20,000+ a year.   If they pick up all of it (30 days), you’re down more than $40,000.    That’s without adding in the opportunity cost of what they could and should have been working on during that time.    If you’re struggling to recruit for finance admin roles, letting senior leaders pick it up doesn’t make good business sense.     There is enough accounting talent that’s out there and ready to work — we’ve matched 500+ businesses with top talent in the Philippines — it just needs a more global approach to talent.      #LaborShortage #Outsourcing #Leadership 

What percentage of our 20-strong finance team is in the U.S.?     5%.       We have our fantastic VP of Accounting & Finance here in the US, Brooke Manuel, and 19 other DCX-ers in the Philippines, including:     🇵🇭 Our Financial Controller with years of experience at Ernst Young  🇵🇭 Our Senior Financial Planning Analyst    🇵🇭 Excel experts  🇵🇭 Bookkeepers    By accessing that pool of highly specialized, experienced global talent, Brooke’s been able to build a global team that continues to blow me away with what they can achieve.     They do the stuff that keeps the business moving:   ✅ Entering vendor bills  ✅ Invoicing clients  ✅ Managing payroll     They do the big things that keep us compliant and on track as a global company:   ✅ Closing the books (On-time, every time!)   ✅ Managing the budgets  ✅ Filing all the regulations    And they do strategic, big-picture things:   ✅ Reporting   ✅ Forecasting   ✅ Scenario planning       Last year, they did all that *and* implemented a new software, getting us up to speed so fast.    I hear about a lot of other US companies struggling to fill those bookkeeping and junior finance roles, and it’s great to see Brooke showing how well a global approach to talent really works.     A big thank you to Brooke and her team for all your hard work on the new software rollout - really looking forward to seeing what this team can achieve in 2024.      #BusinessGrowth #GlobalOutsourcing #SustainableGrowth #RemoteTeams

Why Your SME Needs a Management Accountant in Thailand SMEs are vital to Thailand's economy, but many struggle with financial management. Discover why hiring a management accountant is crucial for your business to thrive. Let’s take a look at how management accountants help enhance decision-making, strategic planning, and more! 📊🔍 #AdminOutsourcingTH #AOThailand #AdministrationOutsourcingTH #SMEs #FinancialHealth #ThailandBusiness Read more information: https://lnkd.in/gTZKKx_7 Visit our company website: www.ao-group.co

One of the critical tasks in a business requires an accountant’s expertise. However, countries like the US, UK, and Australia have an ongoing shortage of accountants. How then do businesses from these countries augment this accountant shortage? They do it by outsourcing to the Philippines. Here’s why leading businesses are turning to the Philippines to outsource their accounting tasks: 🔢 Technical Skills Certified Public Accountants in the Philippines uphold high professional and ethical standards aligned with those of the International Federation of Accountants. The Philippines’ Financial Reporting Standards are also internationally recognized, as it is adopted from the International Financial Reporting Standards. 🔢 Vast Talent Pool There are over 200,000 Filipino CPAs, which can help fill in gaps with the ongoing global accountant shortage. 🔢 High English Proficiency Filipinos are ranked 20th worldwide and 2nd in Asia for English proficiency. This makes it easier for companies to onboard, train, and collaborate with Filipino accountants. 🔢 Cost Efficiency The cost of living in the Philippines is lower compared to the US, UK, and Australia. As a result, the salary cost of an accountant in the Philippines is lower than hiring from the West. However, if you’re looking to hire Filipino accountants for the long term, it’s best to consider offshoring with a local partner who will help you find, onboard, and retain your accountants. This way, having a long-term partnership with an offshore accounting team allows you to stabilize your company’s financial processes, ensure legal compliance, and position your company for sustained growth. 📈 At Penbrothers, we’ve created a complete guide for employers looking to hire accountants offshore. Click here to learn more:  https://lnkd.in/ggC6WNnQ 

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