Outsource Offshore Financial Controllers to the Philippines

Call Us Now

Outsourcing offshore financial controllers to the Philippines is a cost-efficient solution we provide to help Australian companies access skilled accounting leadership without the domestic premium. We enable businesses to save up to 70% in employment costs when compared to hiring locally, while receiving full-time, dedicated financial controller services with no long-term commitment requirements.

Financial controller offshoring in the Philippines allows us to equip our clients with specialists in budgeting, compliance assurance, and financial performance analysis, sourced from a workforce with a 97% literacy rate and high English fluency. By leveraging the Philippines' robust financial services talent pool, we enable accurate month-end closings, oversight of financial audits, and implementation of strategic financial controls aligned with Australian regulations and ATO standards.

We deliver offshore financial controller staffing solutions that minimise overhead by providing high-quality professionals through fixed monthly rates. This model eliminates infrastructure costs associated with onshore hiring and enhances operational flexibility, allowing organisations to scale finance teams quickly in response to seasonal demand or business restructuring.

Call Us Now

With no lock-in contracts, low-risk onboarding, and fully transparent pricing, Offshored gives businesses the freedom to grow at their own pace. Many of our clients are now building full offshore finance teams that collaborate seamlessly with their Australian counterparts, working cross-functionally and even travelling between offices to strengthen alignment and team culture.

By choosing Offshored as your offshore staffing partner, Australian SMEs and larger enterprises alike reinforce their financial governance with reliability, scalability, and a measurable return on investment without the usual hiring overhead.

Hire Offshore Financial Accountants staff for Australian businesses with Offshored

Hiring offshore financial accountants for Australian businesses with Offshored enables cost-effective financial management through a highly competitive workforce in the Philippines.

Offshore financial controllers in the Philippines reduce salary-related costs by 70% for Australian businesses compared to hiring locally. We provide access to accountants with 5–10 years of experience in Australian GAAP, international IFRS, and AASB frameworks, ensuring seamless compliance.

By outsourcing offshore financial controllers to the Philippines, Australian enterprises gain control over fixed monthly costs, avoid long-term contracts, and eliminate local infrastructure and recruitment overheads. Our end-to-end service supports building scalable accounting teams that perform core functions including general ledger management, bank reconciliations, accrual processing, statutory reporting, payroll auditing, and intercompany reconciliations.

Our clients across Australia benefit from accurate management reporting, margin analysis, and error-free financial statement preparation, which reduces audit risk and prevents taxation penalties. We provide visibility on performance through secure dashboard access and weekly activity reports. With strategic cost savings, a sophisticated talent pool, and secure business continuity infrastructure, Offshored delivers future-ready financial controller staffing solutions custom-built for Australian enterprises seeking to outsource financial accounting with stability and scale.

What are the benefits of Financial Controllers Outsourcing to the Philippines?

Financial Controllers Outsourcing to the Philippines delivers measurable cost savings, skilled labour access, operational scalability, and enhanced financial oversight for businesses across industries. Financial Controllers Outsourcing reduces labour costs by up to 70% compared to hiring locally in Australia. The average hourly rate for a Financial Controller in the Philippines is approximately $8, compared to around $70 in Australia, resulting in annual savings of over $120,000 per employee. Outsourcing Financial Controllers eliminates overhead expenses such as recruitment, training, office space, equipment, and employee benefits—enabling businesses to redirect capital towards revenue-generating activities.

Financial Controllers Outsourcing to the Philippines provides access to a workforce of over 200,000 certified accountants trained in International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), and U.S. GAAP. Filipino financial controllers possess strong English proficiency, high educational attainment, and practical experience in finance, tax compliance, insurance, superannuation, and audit functions. Their knowledge spans private and commercial sectors, making them adaptable to diverse business environments. Financial Controllers Outsourcing ensures seamless communication and alignment with Western business processes and reporting expectations.

Financial Controllers Outsourcing to the Philippines supports business scalability through flexible service models. Companies can scale financial operations up or down based on business cycles, project demands, or seasonal fluctuations. The outsourcing model offers pay-for-service flexibility, allowing businesses to engage part-time, full-time, or project-based financial controllers without long-term employment commitments. This adaptability is especially beneficial for SMEs and high-growth firms in construction, engineering, logistics, and mining sectors needing to expand operations without increasing fixed headcount.

Call Us Now

What are Financial Controllers services?

Financial Controllers services manage, oversee, and optimise an organisation’s financial reporting, compliance, and internal control systems to ensure accurate, timely, and strategic financial operations. Financial Controllers services address the full spectrum of accounting oversight, from closing books and preparing statements to enforcing fiscal governance and aligning financial performance with business goals. Financial performance is the measurable financial outcome of a company’s operations, including revenue, expenses, cash flow, and profitability.

Financial Controllers services are expert-led financial management functions provided by in-house staff or outsourced professionals who act as the lead accountants or chief accounting officers of a business. These services directly support financial governance by ensuring the integrity of financial records, adherence to statutory requirements, and delivery of strategic insights to executive leadership. Strategic insights refer to the analysis-driven interpretations used to inform high-level decisions based on financial data trends, forecasts, and risk assessments.

Financial Controllers services include maintaining the general ledger, managing month-end and year-end closings, producing financial statements such as balance sheets, income statements, and cash flow reports, and ensuring compliance with international and national accounting standards. Compliance requirements vary by jurisdiction but typically involve GAAP or IFRS adherence, tax reporting, and audit readiness. Audit readiness refers to the state of documentation, process transparency, and internal controls necessary to pass external audits without material findings.

Financial Controllers services provide financial leadership that bridges operational accounting with strategic planning, enabling businesses to scale efficiently, meet compliance demands, and make data-driven decisions that support long-term growth.

What are the responsibilities of a Financial Controller?

The responsibilities of a Financial Controller define the governance, oversight, and strategic financial leadership functions that ensure a company’s financial integrity, compliance, and performance optimisation. Financial Controllers manage core accounting operations, enforce internal controls, and support executive decision-making through financial analysis and forecasting. Financial analysis refers to the interpretation of financial data to guide business strategies, while internal controls are mechanisms implemented to safeguard assets and ensure accurate reporting.

Financial Controllers oversee all accounting operations, including general ledger maintenance, reconciliations, and journal entries. They supervise the preparation of financial statements such as balance sheets, income statements, and cash flow reports in accordance with IFRS or GAAP standards. They manage month-end and year-end closing processes to ensure accuracy and timeliness. They allocate capital resources, monitor cash flow, and ensure liquidity to meet short-term obligations and long-term investment goals. Cash flow management involves tracking inflows and outflows to maintain solvency and operational continuity.

Financial Controllers implement and monitor internal controls to prevent fraud, detect financial discrepancies, and ensure compliance with statutory requirements. They conduct risk assessments and design control frameworks to mitigate financial and operational risks. They ensure compliance with tax regulations, payroll obligations, and audit requirements. They coordinate with external auditors, tax consultants, and regulatory agencies to maintain transparency and legal adherence. Audit coordination includes preparing audit schedules, facilitating document access, and addressing audit findings.

Financial Controllers’ responsibilities encompass accounting accuracy, financial transparency, regulatory compliance, risk mitigation, and strategic financial leadership. Their role is indispensable for firms seeking scalable financial control, operational efficiency, and sustainable growth.

Call Us Now

How much does it cost to outsource Financial Controllers staff?

The cost of outsourcing financial controllers staff depends on the service model, employment structure, and scope of financial oversight required. Full-time outsourced financial controllers in the Philippines earn between ₱85,000 to ₱95,000 per month, equivalent to $2,500–$2,800 AUD, based on current exchange rates and salary benchmarks.

Outsourcing financial controllers staff services are priced using fixed monthly fees or. Fixed monthly rates for full-time offshore financial controllers range from $200 to $4800, depending on the staff qualifications and experience.

Outsourcing financial controllers staff to the Philippines remains cost-effective due to the country’s low cost of living, high English proficiency, and alignment with International Financial Reporting Standards (IFRS). The Philippine accounting industry produces over 200,000 licensed professionals, many of whom specialise in financial control, audit, and compliance, offering high-value services at a fraction of the cost of domestic hires.

Why Choose Offshored.net to Hire Filipino Financial Controllers staff?

Outsource Offshore Financial Controllers to the Philippines with Offshored ensures up to 70% labour cost reduction when compared to hiring financial staff locally in Australia. We optimize cost efficiency by offering fixed monthly pricing models, eliminating overhead spikes, infrastructure investments, and long-term binding contracts.

Filipino financial controllers hired through Offshored.net possess domain expertise in compliance management, tax reporting, insurance regulation, superannuation structures, and multi-jurisdiction accounting frameworks. Our candidates commonly hold CPA, CMA, or CIA certifications, and possess professional backgrounds that include at least 5 to 10 years of experience leading finance departments, handling audits, and building high-integrity reporting systems.

Offshored.net guarantees staffing continuity and governance-driven performance by recruiting top-tier Filipino finance talent from a highly educated, English-fluent workforce aligned with Western accounting principles. Our vetting process includes technical assessments, cultural fit analysis, and evaluation of domain-specific knowledge required to support Australian SMEs and enterprise businesses.

Outsourcing financial controller roles through Offshored.net empowers clients to exceed operational benchmarks, scale finance functions securely, and maintain audit-grade compliance while reducing operating costs by more than half.

Call Us Now

Testimonials

What our clients say about our services

★★★★★

Team was helpful, professional, and quick to respond. They really took the time to understand what I was looking for and matched me with the right opportunity. Highly recommended!

Krystel Araneta

★★★★★

My landscaping business has two full time designers and a full time bookkeeper with Offshored. One of our designer has been on board for 3 years, she is amazing! Their English is great and they have a really good work ethic. I tell everyone how good Offshored is to deal with! So good!

Malcolm Berce

★★★★★

One of the best business decisions that I’ve ever made. Having offshore staff through Offshored on a range of different roles, not only improved my business operations, but significantly reduced our operation’s costs.

Maria Archer

★★★★★

Thanks offshored, you have been a big help. Your staff was exceptional and services 10/10 thanks!

Josephine Russo

★★★★★

New Excellent partner for outsourced tasks; they’ve streamlined operations and boosted productivity. Offshored’s commitment and reliability make them worth every penny. Highly recommended.

Syed Excel

★★★★★

I found William and his team to be incredibly helpful, connecting me with what I needed to streamline my business operations.

Grant Cameron

★★★★★

I’ve been using Offshored for all my drafting needs and they’ve been fantastic to work with. The team is reliable, detail-oriented, and always delivers high-quality documentation on time. Their ability to understand complex project requirements and turn them into accurate drawings has saved me countless hours. I fully trust them to handle my drafting work and would highly recommend Offshored to anyone looking for efficient, professional support.

Marcus McConnell

See More On Google

How to Hire an Offshore Financial Controller from the Philippines

Hiring an offshore Financial Controller from the Philippines involves a structured recruitment process designed to match global financial requirements with qualified local talent. Financial Controllers outsourcing to the Philippines enables businesses to access a skilled labour pool while optimising costs, improving compliance, and scaling finance operations efficiently. The hiring process addresses key business needs by aligning technical competencies, regulatory standards, and organisational culture with offshore staffing capabilities.

Type of Financial Controller available to Hire

Outsourcing Offshore Financial Controllers to the Philippines through Offshored.net enables Australian businesses to hire a wide range of role-specialist professionals tailored by experience level, reporting capability, and financial oversight scopes.

The types of financial controller available to Hire offshore from the Philippines are listed below:

Junior Financial Controllers: Junior Financial Controllers are early-career specialists with 1–3 years of accounting experience who support monthly reporting tasks, help manage ledgers, and ensure compliance with Australian tax and payroll systems.
Senior Financial Controllers: Senior Financial Controllers are advanced-level professionals with 7–10 years of managerial finance experience who oversee end-to-end financial accounting, forecasting, and internal audit functions.
Financial Reporting Specialists: Financial Reporting Specialists are controllers with a core focus on statutory compliance, consolidation, and preparation of monthly, quarterly, and annual financial statements under IFRS or AASB frameworks.
Management Accounting Controllers: Management Accounting Controllers provide ongoing internal performance evaluation through budgeting, forecasting, variance tracking, and KPI reporting.
Strategic Financial Planning Controllers: Strategic Financial Planning Controllers specialise in forward-looking analysis such as financial modeling, capital allocation, scenario planning, and investment structuring.

Offshored ensures that every offshore role is customised to perform within Australian regulatory settings, allowing each client to access highly skilled financial talent at up to 70% in cost savings compared to local hires.

More Accounting Job Roles Available for Offshoring to the Philippines

Call Us Now

FAQs

What to know before outsourcing Financial Controllers staff to the Philippines

When hiring a Financial Controller or more commonly, a CFO—through Offshored, it’s important to understand that this is typically a full-time, dedicated role, not a shared or compliance-verified service. These roles are designed to integrate deeply into your business and lead finance operations, often overseeing a wider offshore team of bookkeepers and accountants.

Key things to consider include:

Whether your business is ready to centralise financial leadership offshore
How the CFO will integrate with your Australian team, systems, and reporting structures
The labour cost advantages compared to local hiring
Ensuring technology and processes allow for smooth collaboration and oversight

Many Australian SMEs adopt a model where an offshore CFO provides strategic oversight while managing a team of offshore bookkeepers—creating a cost-effective, scalable finance department aligned with the head office. Outsourcing Financial Controllers staff to the Philippines requires businesses to implement internal audit mechanisms, enforce financial task sampling, and define key performance indicators such as turnaround time, error rate, and statutory compliance benchmarks to ensure service accuracy and accountability.

Outsourcing Financial Controllers staff to the Philippines is a strategic decision that demands due diligence in operational, regulatory, and technological domains. Businesses that establish robust quality controls, validate compliance, leverage cost advantages, and align systems and staff with organisational objectives are positioned to achieve scalable, efficient, and compliant offshore financial operations.

What are the roles and responsibilities of Financial Controllers?

The roles and responsibilities of Financial Controllers define the core leadership and operational functions that govern an organisation’s financial integrity, compliance, and strategic planning. Financial Controllers oversee accounting operations, manage financial reporting, enforce internal controls, and guide strategic financial decision-making to ensure fiscal health and regulatory adherence.

Financial Controllers manage accounting operations by supervising general ledger maintenance, accounts payable and receivable, payroll processing, and bank reconciliations. They ensure all financial transactions are accurately recorded, classified, and consolidated into monthly and annual financial statements. These statements serve as the stored financial data used for internal review and external audits. Controllers allocate capital resources, track asset depreciation schedules, and maintain documentation for financial audits and tax filings.

Financial Controllers handle financial reporting by preparing comprehensive reports that include profit and loss statements, balance sheets, cash flow statements, and variance analyses. These reports are generated monthly, quarterly, and annually to support internal decision-making and external compliance. Controllers deliver budget forecasts, monitor actuals versus projections, and conduct scenario modeling for executive leadership. They interpret financial data to identify performance trends, cost-saving opportunities, and operational inefficiencies.

Beyond overseeing financial controls and compliance, Financial Controllers play a key role in managing cash flow, supporting strategic planning, leading finance teams, adopting new technologies, and coordinating audits. They act as vital partners to CFOs, ensuring financial integrity while driving operational efficiency and strategic growth across the organisation.

How do we ensure professionalism in financial controllers services?

We ensure top-tier financial management by implementing structured hiring protocols aligned with Australian financial reporting standards.. We perform skill-based assessments focusing on critical financial functions like general ledger integrity, cost control, variance analysis, and financial forecasting accuracy.

What is the process of setting up offshore Financial Controllers services?

The process of setting up offshore Financial Controllers services in the Philippines defines a structured operational workflow that transitions financial oversight functions from an onshore entity to a qualified offshore team. Offshore Financial Controllers services enable businesses to centralise financial reporting, improve cost efficiency, and maintain compliance through remote staffing solutions. The setup process includes strategic planning, partner selection, recruitment, system integration, and performance management to ensure continuity and control over financial operations. Financial operations refer to the structured activities involving budgeting, forecasting, reporting, compliance, and internal controls managed by a Financial Controller.

Setting up offshore Financial Controller services involves a structured, multi-phase approach—from diagnostic assessment and outsourcing model selection to partner evaluation, recruitment, system integration, and go-live. At Offshored, we streamline this process through our proprietary onboarding framework, which includes CPA oversight, customised workflow mapping, and integration with platforms like Xero and MYOB. Each phase is designed to ensure efficiency, compliance, and alignment with business goals—enabling companies to cut costs significantly, tap into a skilled talent pool, and maintain strong financial oversight through a scalable and resilient offshore framework

What are the compliance requirements to hire offshored Financial Controllers from the Philippines?

The compliance requirements to hire offshored Financial Controllers from the Philippines define the legal, regulatory, and operational obligations that ensure lawful employment, secure data handling, and cross-border financial integrity. Compliance requirements address labour legislation, tax obligations, data privacy, financial reporting standards, and anti-money laundering controls across jurisdictions. Jurisdiction refers to the governing legal authority in both the Philippines and the client’s country, such as Australia, under which the offshore financial controller must operate.

Compliance requirements to hire offshored Financial Controllers from the Philippines include strict adherence to the Philippine Labour Code, which mandates minimum wages, 13th-month pay, social security contributions, and lawful termination procedures. The Department of Labour and Employment (DOLE) regulates employment practices, ensuring that offshored financial controllers receive lawful benefits and protections under Republic Act No. 11199 (Social Security Act of 2018) and Republic Act No. 7875 (National Health Insurance Act).

Compliance requirements to hire offshored Financial Controllers from the Philippines require full conformity with the Data Privacy Act of 2012 (Republic Act No. 10173), which governs the collection, processing, and transmission of personal and financial data. Financial controllers must implement organizational, physical, and technical security measures to protect sensitive financial records, client data, and intellectual property. The National Privacy Commission (NPC) enforces penalties for unauthorized data breaches, with fines reaching up to ₱5 million and imprisonment of up to six years.

Hiring offshored Financial Controllers from the Philippines requires strict compliance with international accounting standards, tax laws, anti-money laundering regulations, and cross-border contractual obligations. Controllers must hold valid CPA credentials, be proficient in key financial systems, and align with client-specific regulatory frameworks. These compliance measures ensure legal protection, financial transparency, and seamless international operations for both clients and offshore teams.

How do offshore Financial Controllers services comply with local Australian regulations?

Offshore Financial Controllers services comply with local Australian regulations by aligning financial operations with the Australian Accounting Standards Board (AASB) and International Financial Reporting Standards (IFRS) as adopted in Australia. Financial Controllers outsourcing to the Philippines ensures compliance with statutory obligations by integrating Australian tax laws, financial reporting frameworks, and audit protocols directly into their offshore workflows. Compliance includes preparation of Business Activity Statements (BAS), correct application of Goods and Services Tax (GST), and accurate remittance of income tax and superannuation guarantee contributions.

What industries benefit the most from Financial Controllers services?

Industries that benefit the most from Financial Controllers services include construction, engineering, mining, logistics, manufacturing, and professional services due to their operational complexity, regulatory exposure, and financial reporting requirements. Financial Controllers services address cost control, compliance, and strategic financial planning in sectors where capital expenditure, project-based accounting, and multi-jurisdictional operations are common.

Financial Controllers services outsourced to the Philippines reduce costs by up to 70% compared to local hires and provide access to over 200,000 certified accountants with strong English proficiency and international reporting experience. These services support operational efficiency, regulatory compliance, and strategic financial outcomes across global industries.

When should a business hire Financial Controllers?

A business should hire Financial Controllers when its financial operations surpass the capacity of basic accounting functions and require structured oversight, advanced forecasting, and regulatory compliance. Financial Controllers address the internal control systems, financial governance, and strategic planning needs that emerge during organizational scaling. Financial oversight is the process of managing accounting accuracy, regulatory adherence, and risk mitigation across all financial transactions and reporting. Financial governance defines the framework for decision-making authority, fiscal accountability, and policy enforcement within the enterprise.

A business must hire Financial Controllers when revenue growth exceeds $5 million annually, when transaction volumes surpass 500 monthly entries, or when operating across multiple tax jurisdictions. Hiring becomes essential when preparing for external audits, undergoing mergers or acquisitions, or seeking investor funding. Financial Controllers ensure compliance with IFRS or GAAP standards, depending on the jurisdiction, and reduce audit risks by maintaining organized and transparent records.

A business should hire Financial Controllers when financial complexity, compliance requirements, and strategic planning demands exceed the capabilities of current staff or systems. The Financial Controller acts as the financial steward, ensuring fiscal discipline, regulatory alignment, and strategic agility essential for long-term business success.

Why are Offshore Financial Controllers Important for Businesses?

Offshore Financial Controllers are essential for business, as they streamline financial processes, enhance cost-efficiency, and ensure compliance with diverse regulatory frameworks.

Have Any Questions?

Call Us Now