Outsource financial analysts to the Philippines

What key skills and qualifications make a financial analyst?

Financial analysts and financial advisors are slightly different. Larger organisations often have more financial data to interpret, while smaller businesses don’t. Smaller organisations often combine both roles to save on costs in the long term; outsourced services provide a solution to this problem. Financial analysts track a businesses financial performance against a set plan, and to do this effectively; they require certain skills.

Outsourcing services recruit financial analysts the same way an internal, talent acquisition team would. Essentially, they ask the same questions to understand whether these offshore candidates would be able to provide the level of quality required by Australian organisations:

• What experience and knowledge do you have in interpreting complex financial data and analysing business plans?
• What are your problem-solving and financial literacy skills like?
• How do you ensure excellent communication when sourcing, researching and collating data across organisational departments?
• What organisation techniques do you use to ensure you keep track of relevant information pertaining to business recommendations?
• Provide an example of how you showcased a high level of accuracy and attention to detail.
• What accounting and analytical systems are you familiar with?

In terms of qualifications, a higher education degree or certificate in economics, finance or statistics is desirable. Financial analysts require high level numeracy and accounting skills as they are constantly interpreting financial data. Outsourcing companies can help you find the right candidate to meet your organisation’s analytical requirements:

• Whether you are looking to train a financial analyst from the ground up and teach them your business's way of interpreting data, or
• Whether you are seeking expertise and a team of financial analysts with certifications and higher education.

Benefits of outsourcing financial analyst services

Organisations are able to appreciate the added benefits that come from offshoring financial analyst duties to the Philippines, including:

What are the costs associated with hiring an offshore financial analyst?

Outsourcing your financial analyst to the Philippines can represent significant cost savings of up to 70%. At Beepo, we offer a simple monthly fee to help you reduce your overheads and focus on growing your business. This monthly fee covers everything: including infrastructure, security, recruitment and training, management and staff benefits.

For more detailed information on costs, please arrange a business consultation so we can tailor a solution to your business needs.

How does hiring an outsourced financial analyst work?

This first step is to find out if your business is offshore ready. If the answer is yes, here are the next steps:

• Create a job description: to help us hire the right candidate for your role. We can also assist in this process to ensure we are finding the best talent in the current local market. 
• Source the right candidate: we source candidates across our database and the local market before presenting you with a shortlist of the most suitable candidates available. 
• Screen and interview: you screen, interview and select the candidate(s) you’d like to hire while we take care of the infrastructure set up to get them ready to work for your business. It’s usually around six to eight weeks to get your offshore staff up and running.
• Onboard and train: your business, along with the operational assistance of our offshore management team, organise new staff onboarding and training, including the use of your systems, any relevant processes and workflows they may need and an overview of your company values and culture. This will help your new team member fit seamlessly into your organisation and assist in effective change management with your existing onshore team members.

The Beepo advantage

Beepo is an outsourcing company based in Australia that offers businesses a distinct competitive edge with offshore staffing solutions. We take the time to understand the hardships our clients face when it comes to recruiting hard working, dedicated staff. The Philippines is renowned for its finance talent. This makes us adept at finding and recruiting the best of the best in terms of financial analysts for organisations.

What other roles and services can your business outsource to the Philippines?