With a growing demand for skilled accounting, audit, and finance professionals in Australia, the leading audit, tax, and consulting firm in the country has partnered with MicroSourcing, the leading offshore provider of managed services in the Philippines. MicroSourcing is taking a proactive stance to alleviate the skills shortage in Australia's accounting sector by bringing on board over 300 accounting professionals from Metro Manila and Metro Cebu.
The ultimate problem faced by Australian firms is the lack of accounting graduates (Ratnatunga, n.d.). With 62 percent of employers gearing up to expand their teams, the demand is particularly pronounced for roles in tax, audit, risk, and compliance, (Twist, n.d.). In a recent interview with Philip King for Accountants Daily, CPA Australia Chief Executive Andrew Hunter suggests that Australian firms should consider exploring international talent pools to bridge the widening accounting skills gap.
Positioned as a strategic solution to the current shortage of accounting professionals, the Philippines has a talent pool of nearly 200,000 registered Certified Public Accountants and maintains a consistent flow of accounting graduates, (Karbon Magazine, n.d.). In the academic year 2020-2021, the Philippines produced 20,482 accounting graduates. (Commission on Higher Education, 2022). Recognizing this potential, several captive and offshoring accounting firms in the Philippines have implemented formalized upskilling programs tailored to Australian accounting standards. These initiatives strategically bridge the skills gap and enhance the employability of Filipino accountants, aligning their expertise with global market demands, especially in Australia.
I’m proud to share that in the fiscal year 2023, MicroSourcing thrived in connecting Filipino accounting professionals with 118 clients in the United States and Australia. This growth not only expands our business but also creates valuable opportunities for our professionals, allowing them to elevate their earnings and immerse themselves in MicroSourcing's distinctive '100 percent You' culture.
MicroSourching Vice President of Talent Acquisition, Kris Lynne Tinaza.
MicroSourcing, known for its expertise in offshoring solutions, is committed to delivering targeted and efficient solutions to address the unique hiring requirements of its clients. The organization provides appealing incentives and competitive compensation packages to
attract high-caliber talent. Moreover, a hybrid work arrangement has been introduced, allowing recruited professionals based in Quezon City, Pasig City, Pasay City, and Cebu City to seamlessly navigate a flexible balance between office and remote work.
MicroSourcing invites Filipino accountants with Australian accounting experience to apply through this link: (https://adr.to/szks6ai) and Bookkeepers through this link: (https://adr.to/7rks6ai). For other inquiries and non-employee referrals, you may email sourcingandmarketing@microsourcing.com. (SPONSORED CONTENT)