Overview

An offshored bookkeeper will be able to do the majority of tasks conducted by internal resources in relation to basic accounting and bookkeeping functions.

Specific responsibilities would be identified as part of the recruitment of your new staff member as well as any certification requirements.

Why Offshore This Function?

  • Your organisation has and is growing and the day-to-day bookkeeping requirements have become a burden to local staff
  • Internal promotion or turnover has created resource capacity issues

Top 5 Responsibilities

  • Capture financial transactions into the appropriate computer software
  • Receive and record cash, checks, and vouchers
  • Produce reports, such as balance sheets (costs compared to income), income statements, and totals by account
  • Check figures, postings, and reports for accuracy
  • Reconcile or note and report any differences they find in the records

 

Role Notes & Ratings

Depending on the role that you are offshoring there are considerations that you should be aware from. The below is an evaluation of key aspect of an offshored position based on our experiences in the industry

Customer / Supplier Exposure

5%
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Usually this role will be responsible for internal functions and not have much exposure to customers or suppliers.

English proficiency requirement

65%
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Understanding and communicating in English is important for this role

Internal communications

45%
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Tasks tend to be routine and largely independant. Communications can be achieved through electronic collaboration tools.

Talent Availability

65%
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Many qualified bookkeepers or adminstration resources are available to fulfil this role

Domain knowledge requirement

45%
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Little customer specific domain knowledge is required

Ease of Measurement

65%
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Tasks are usually easily measurable and correctness is traceable

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