Build your dedicated offshore finance team in six simple steps
Let us do all of the heavy lifting so you can enjoy the benefits of top-tier, Australian-trained offshore accountants – without the hassle. All you need to do is communicate tasks and assign work to your new staff member.
How our process works
1. Initial workshop
We take the time to clarify your resourcing needs and understand your pain points.
2. Recruitment
We either leverage our existing talent pool or engage our dedicated recruitment division to identify, vet and onboard a skilled accountant for your business.
3. Onboarding
We then host a three-way workshop with you and your new team member to onboard them with your IT systems and introduce them to your team.
4. Weekly training
As Australian tax laws evolve rapidly today, we offer a weekly training session to continually develop your team member’s knowledge and maintain their ongoing CPD requirements.
5. Quarterly check-ins
From here on out, both your staff manager and staff member will receive a quarterly email asking you to rate their experience.
6. Annual review
We will conduct a performance and salary review with your staff member annually.
What we do for you
We recruit, assess, employ and train qualified offshore accounting teams and finance professionals on your behalf. All you need to do is communicate tasks and workflow to your new staff member. Our outsourced accounting solutions include:
- All recruitment and hiring processes
- Background and reference checks
- Onboarding and preparation
- Staff administration
- Negotiating terms of employment
- Superannuation and taxation
- Ongoing CPD and training
- Access to connectivity, devices and office space
This means you get trained, qualified, experienced and cost-effective accounting professionals joining your team, with less administrative burden than hiring local accounting staff.
We invest heavily in training and development
We invest significant time and resources into ensuring that our accountants are fully trained in Australian tax laws, accounting standards & software systems.
This means that all of your new staff members’ CPD requirements are fully taken care of in our live weekly technical training sessions.
We keep your data safe
Our robust IT systems ensure your staff member is always connected, online and accessible.
Our IT systems are run by an external managed service provider based in Melbourne, Australia.
When you work with us, you’ll benefit from this investment in cybersecurity and IT infrastructure designed to keep your data and information safe.
For a detailed description of the strategies that we have implemented to mitigate cybersecurity incidents, simply reach out to our team.
Why partner with us?
Outstanding quality and skills
As Australian accounting practice owners underwhelmed by local talent, we opened our own offshore accounting office to recruit and train dedicated team members, equipping them with the knowledge and skills to become future leaders.
Australian cultural awareness
As an extension of your team, our well-rounded, client-facing offshore accountants are capable of interacting with Australian staff and clients in a personable and knowledgeable way. Simply treat them as any other valued employee.
Ongoing training & development
We’ve spent years training our team in Australian tax laws, accounting standards, software systems, bookkeeping & tax compliance. We provide ongoing training and CPD points for professional development, so you don’t have to.
High staff retention
Our comprehensive training programs coupled with above-market compensation and direct client interaction provide a desirable working environment for our team, meaning you benefit from more motivated staff.
FAQs
Your comprehensive guide to understanding our services.
What qualifications and experience do your offshore accountants have?
We only provide experienced accountants with professional qualifications. Our extensive experience hiring and training offshore accountants ensures that the talent we provide is tailored toward the scope of the role within your business or accounting practice. You receive the resource you need, while your team member receives the experience and career growth that they seek.
How do you ensure the quality and reliability of offshore staff?
At S&B Private, we ensure quality and reliability through rigorous recruitment processes, including background checks, interviews, and skills assessments. Our comprehensive training program and regular check-ins with you and your team member work to ensure that your team member is regularly challenged and continues contributing to the success of your business or accounting firm.
What is the process for integrating an offshore accountant into an existing Australian team?
Integration of offshore accountants is managed through our structured onboarding process that includes intensive foundational training in Australian tax and accounting systems, along with an introduction to your company’s policies and systems. Senior members of our team work alongside you and your new team member to ensure that they are introduced to key personnel and have access to the relevant systems for them to excel in their role.
We schedule regular check ins ensure that the integration of your new team member is progressing smoothly and both parties are working together successfully.
How does the pricing structure work for hiring offshore accounting and finance professionals?
Our objective is to recruit and train superior quality accountants and provide a long-term career path, while remaining highly cost effective. As experienced business owners know – a low-cost bad hire is more expensive than a good quality hire. Talk to our team and we can assess your requirements and provide a highly cost effective, fixed price, package for you.
We’ve solved your most pressing accounting talent challenges so that you don’t have to.
If you’re looking for a trusted partner to grow your finance team or accounting firm with top-tier accounting professionals, reach out to us to book a discovery call today.