As Australian accounting firms recognise the need to reinvigorate their middle management, they increasingly turn to offshoring service providers. The recent shift, highlighted by Robert Half’s survey of 500 hiring managers, reveals a strategic pivot toward rebuilding lean teams to enhance productivity and manage organisational costs effectively. Offshoring specialist and Chartered Accountant Richard Croaker noted the survey shows that in 2025, 34% of firms are looking to add permanent finance talent, with an additional 33% expanding their use of contractors.
His company, Profitmaster Global Outsourcing, is based in the Philippines and serves as a crucial partner to accounting firms in this environment, offer the ability to fill roles efficiently and cost-effectively. The firm provides access to a broad pool of skilled accounting professionals from the Philippines, known for their expertise and ability to integrate seamlessly with Australian operations. This collaboration is essential as firms face the dual challenge of managing costs and meeting increasing demands.
A Future-Proof Strategy
As Australian accounting firms continue to adapt to evolving business environments and economic challenges, offshoring offers a strategic advantage that goes beyond the bottom line. It provides firms with the agility to scale their teams as needed, the flexibility to accommodate remote work preferences, and the opportunity to access a global pool of talent for both permanent roles and temporary contractor needs.
Professional Development & Flexibility
While cost savings are a key driver of offshoring, it is the added value in professional development and flexible work arrangements that truly sets the solution apart. In a climate where flexible work is highly sought after, accounting firms can tap into a global workforce that not only meets their technical needs but also thrives in remote environments.
Offshoring providers like Profitmaster have designed their recruitment processes and support systems to foster continuous professional growth, ensuring that offshore teams stay up to date with industry trends and best practices.
Furthermore, the demand for flexible work arrangements and professional development support makes offshoring an attractive solution. Profitmaster’s recruitment team and high-end information security platform not only facilitates immediate staffing needs but also supports ongoing professional development, aligning with the priorities of Australian firms to foster a dynamic, skilled workforce.