Offshore accounting teams for AP, AR, month-end close and tax

Connext builds dedicated accounting teams that work inside your ERP and follow your approval rules, with delivery teams across the Philippines, Colombia, Mexico, and India. From invoice coding and collections to month-end close and tax season, your Connext team works to your controller’s calendar, not a vendor’s. Start with a single AP hire or build a full finance bench as you grow.

64%

Average cost reduction vs. an onshore Accountant hire (illustrative)

21 Days

Average time to hire

94%

90-day employee retention

What is accounting outsourcing?

Quick answer

Accounting outsourcing means staffing dedicated accounting professionals, from AP and AR specialists to staff accountants, controllers, and tax preparers, who work as an extension of your finance team. Under the co-management model, Connext handles recruiting, payroll, and compliance, while you choose every hire and keep control of the books.

Why is your controller still keying invoices?

Most accounting work follows clear rules. The trouble starts when there aren’t enough people to follow them.

Invoices wait to be coded. Customer balances drift past 60 days. A bank account won’t tie out, and the close slips by another day.

When the team runs short, the gap lands on your senior people. The controller ends up keying invoices, the tax manager covers collection calls in March, and the analysis your CFO asked for waits until after close. Hiring locally doesn’t fix it on its own: experienced accountants are hard to find in most U.S. markets, and every open seat stays open while the backlog grows.

What does this look like for a real finance team?

A Hawaii-based supermarket chain
Was growing faster than its accounting department could keep up, and it couldn’t find or keep qualified accountants locally. Its Connext team in the Philippines took over accounts payable and receivable, invoicing, and bank reconciliations, which freed the local staff for financial analysis and strategic planning.
A Florida-based global investment management firm
Needed technical finance roles its U.S. labor market couldn’t supply. Connext filled Fund Accountant, Senior Accountant, Senior FP&A Analyst, Treasury Analyst, and Financial & Regulatory Reporting Analyst seats, and the first team’s results led additional departments and affiliated entities to onboard Connext teams of their own.
A Hawaii-based bank
Built a 17-person Connext team spanning accounting, loan servicing, ServiceNow development, and customer support, with monthly performance reviews keeping the team aligned to bank standards.

“Working with Connext has given us access to talent we simply couldn’t find in Hawaii. The offshore team has integrated smoothly into our operations, provided cost savings, and given us the flexibility we needed to grow.”

— Client, Hawaii-Based Bank

What can a Connext accounting team take on?

TASK 01

Accounts payable

Invoice capture and coding, matching against purchase orders and receipts, vendor statement reconciliation, and payment runs prepared for your approval.

TASK 02

Accounts receivable & collections

Billing, cash application, aging reports, and follow-up on overdue balances, with disputes logged and worked to resolution.

TASK 03

Reconciliations & general ledger

Bank, credit card, and balance sheet reconciliations, journal entries, and supporting schedules for prepaids, deposits, fixed assets, and accruals.

TASK 04

Month-end close & reporting

Close checklists worked on schedule, financial statements prepared for review, and forecast-to-actual reporting for your CFO.

TASK 05

Payroll support

Payroll processing, salary changes, deductions, bonuses, and reimbursements, plus payroll tax filings and reports for finance and HR.

TASK 06

Tax preparation & compliance

Individual and business returns (1040, 1120-S, 1065, 990), state and local filings, W-2 and 1099 processing, and depreciation schedules, prepared for review by your licensed signer.

Accounting roles Connext staffs

Each seat is a full-time, dedicated hire who reports to your finance lead.

Bookkeeper

Transaction recording, bank and credit card reconciliations, expense categorization, and month-end close support.

Staff accountant

Journal entries, reconciliations, intercompany reconciliations, and close checklist work; prepares statements and schedules for review.

Senior accountant

Owns the close for a set of entities, handles complex reconciliations and consolidations, reviews junior work, and prepares PBC schedules for audits.

Controller

Ties bank reconciliations to the general ledger and reconciles receivables, payables, prepaids, inventory, fixed assets, and investments.

AP/AR specialist

Documentation in the EMR, time tracking against the billing requirement and the administrative record behind every claim.

Payroll specialist

Multi-state payroll processing, benefits deductions and reimbursements, payroll audits, and payroll tax filing support.

Tax preparer

Returns, state and local filings, W-2 and 1099 forms, tax research memos, and estimated tax calculations in your tax software, for review by your licensed signer.

Financial analyst

Budget and forecast models, variance analysis, KPI dashboards in Excel or Power BI, and board reporting support for your CFO.

How does Connext structure an accounting team?

Dedicated, not shared

Your accountants work only on your books. They learn your chart of accounts, your vendors, and your close calendar instead of rotating across other clients’ work.

Recruited for your stack

Recruiters screen against your job description and the systems you run, from your ERP to your AP and tax software. You interview the finalists and choose who joins.

Inside your systems, under your controls

Staff work in your ERP under named user accounts. Your team sets their access, keeps payment approval and release, and sees every entry in the audit trail.

Your judgment and signatures stay with you

Your controller reviews the work, and your licensed CPA or enrolled agent signs the returns and statements. Connext supplies people; it doesn’t run your books.

Employed in-country by Connext

Connext is the Employer of Record: contracts, local payroll, statutory benefits such as 13th-month pay in the Philippines, and labor-law compliance are handled for you, with no foreign entity to set up.

Delivery sites in four countries

Teams work from Angeles City, Cebu City, Davao City, Ortigas, and Iloilo in the Philippines, Bogotá in Colombia, Guadalajara in Mexico, and Ahmedabad in India, on dedicated fiber with backup generators, 24/7 IT support, and biometric, controlled-access entry.

A dedicated Connext operations manager

Reviews the account weekly, reports on productivity and quality, and handles HR, payroll, and compliance day to day, so you manage the work, not the paperwork.

Illustrative monthly role costs

Accountant
Onshore (US, fully loaded): $72,000/yr (~$6,000/mo). Connext (fully loaded): $26,000/yr (~$2,167/mo). Savings: 64%.
Senior FP&A Analyst
Onshore (US, fully loaded): $125,000/yr (~$10,417/mo). Connext (fully loaded): $42,000/yr (~$3,500/mo). Savings: 66%.

Figures sourced from Connext’s 2026 Company Introduction deck (fully loaded, illustrative estimates based on U.S. market averages and Connext’s ROI calculator methodology; actual costs vary by role, seniority, and location).

Why do finance teams choose Connext?

Finance and accounting is our largest practice

Finance and accounting made up 19% of Connext’s hires in 2025, more than any other function, and Everest Group included Connext in its 2023 and 2025 Finance and Accounting Outsourcing PEAK Matrix assessments.

Your controls stay intact

Payment approval, system access, and sign-off stay with your people, and every entry happens in your systems under a named login your auditors can trace.

Built to stay

94% of Connext hires are still on the job at 90 days, and 91% at six months, so you’re not retraining someone on your close every quarter.

Security that matches the access they need

Accountants touch bank portals and vendor payment data, so Connext holds a SOC 2 Type II attestation report and runs facilities with biometric, controlled-access entry and Connext-supplied equipment.

A bench you can grow, not just staff you rent

The same model took a Hawaii-based bank to a 17-person team and led a Florida investment firm’s affiliated entities to onboard their own teams, and it starts with your first accounting hire.

How does Connext compare to in-house hiring and an accounting firm?

Factor
DIY In-House Hiring
Traditional Accounting Firm
Connext Accounting Team
Who does the work
DIY In-House Hiring
Your own hires, if you can find them locally
Traditional Accounting Firm
The firm’s staff, under the firm’s process
Connext
Dedicated accountants who work only on your books
Control of the books
DIY In-House Hiring
Full control, but you own every HR, payroll, and compliance task too
Traditional Accounting Firm
The firm follows its own process and returns a deliverable
Connext
Your chart of accounts, approvals, and close calendar; Connext manages HR, payroll, and compliance
Systems & audit trail
DIY In-House Hiring
Your systems, your logins
Traditional Accounting Firm
Depends on the firm’s tools and handoffs
Connext
Your ERP and tax software, under named user accounts your auditors can trace
Tenure & continuity
DIY In-House Hiring
Depends on your local market and budget
Traditional Accounting Firm
Depends on the firm’s staffing
Connext
94% 90-day retention, 91% at six months
Security & access
DIY In-House Hiring
You manage every credential and access policy
Traditional Accounting Firm
Varies by firm
Connext
SOC 2 Type II attestation report; biometric, controlled-access facilities
Path to grow
DIY In-House Hiring
Slow, one onshore hire at a time
Traditional Accounting Firm
Scope grows by engagement and fee
Connext
Add seats from AP into close, FP&A, payroll, and tax under the same model
Ready to get your controller back to the numbers?

Frequently asked questions

What is accounting outsourcing?
Accounting outsourcing means handing accounting work to professionals outside your in-house payroll. With Connext, those are dedicated accountants, AP and AR specialists, and tax preparers who work only for your company, inside your systems and under your controller’s direction, while Connext recruits and employs them.
What’s the difference between hiring an accounting firm and outsourcing accounting staff?
An accounting firm takes on the work under its own process and returns a deliverable. Outsourced accounting staff work as part of your team: they follow your chart of accounts and close calendar, log into your ERP, and take direction from your controller. Connext handles recruiting, payroll, benefits, and local compliance as Employer of Record.
How much does it cost to outsource accounting?
Costs vary by role and seniority, but Connext’s fully loaded rate for an offshore Accountant runs about 64% below an equivalent onshore hire in Connext’s 2026 illustrative benchmarks ($26K vs. $72K a year). The rate covers recruiting, payroll, benefits, facilities, IT, and the operations manager. Actual costs depend on role, seniority, and location.
Can offshore staff prepare U.S. tax returns?
Yes. Offshore preparers can prepare individual and business returns, state and local filings, and W-2 and 1099 forms in your tax software. Review and signature stay with your licensed CPA or enrolled agent, so responsibility for the return stays with your firm.
How do you keep internal controls with an offshore accounting team?
Approval and access stay with your people. Offshore staff prepare payment runs and reconciliations in your systems under named user accounts, your team grants and revokes their access, and release authority stays with whoever holds it today, so the audit trail looks the same as it does for in-house staff.
Where are Connext’s accounting teams based?
Connext runs delivery sites in the Philippines (Angeles City, Cebu City, Davao City, Ortigas, and Iloilo), Colombia (Bogotá), Mexico (Guadalajara), and India (Ahmedabad). You choose the country based on the roles, language, and hours you need, and Connext employs your team there as Employer of Record.
Do offshore accountants know U.S. GAAP?
Experience varies by country and candidate. Philippine reporting standards, for example, are based on IFRS. Put U.S. GAAP in your job description and Connext’s recruiters screen for it before you interview anyone.
Teams  we can help you build
Every client receives the full suite of Connext outsourcing services, enabling you to easily build and manage your offshore team

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