We Provide Outsourced Finance Function for International Businesses in Australia
When one of our international clients expanded into Australia, they quickly realised how different the business environment was. Setting up the local entity through our help had gone smoothly, but once operations began, managing the financial side proved to be more complex than expected. They were not just looking for someone to do their bookkeeping. They needed a complete finance function that could handle day-to-day transactions, reporting, compliance, and communication with their global head office.
By Ro Elvinia
Hiring a local team was one option, but it came with a long list of challenges: recruitment, training, payroll, risk, and ensuring that whoever they hired understood both local compliance requirements and the company’s internal reporting expectations. They wanted a simpler, faster, and more reliable solution. That was when they reached out to us.
We offered to provide an outsourced finance function tailored to their needs. This meant we became their finance team in Australia. We handled their monthly bookkeeping, processed payroll for their local staff, managed accounts payable and receivable, and ensured all tax and compliance requirements were met – including BAS, IAS, and superannuation obligations. On top of that, we provided regular financial reports in a format that aligned with what their global Chief Financial Officer needed, allowing them to make informed decisions without delays or confusion.
Everything was overseen by a dedicated account manager on our team, who served as their main point of contact and ensured the accuracy and timeliness of every deliverable. As their Australian operations grew, our support evolved too. We added more services, introduced smarter systems, and responded to ad hoc needs without the client needing to look elsewhere.
Outsourcing the finance function turned out to be a strategic decision, not just a convenience. It gave them peace of mind knowing their numbers were always up to date, their compliance was handled properly, and they had a local partner who understood both the technical side of finance and the practical side of running a business in Australia. They did not need to worry about managing an in-house team or keeping up with local rule changes. We handled that for them.
What made it work was trust. Our team brings decades of experience and holds relevant Australian qualifications. We are Chartered Accountants, Registered Tax and BAS Agents, Xero Certified Partners, and Public Practicing Accountants. However, more than that, we listen, we customise, and we stay accountable. Our job is not just to meet requirements. It is to make sure our clients understand their numbers and stay on track.
That international company is still with us today. Their Australian team has grown, their reporting is seamless, and they have never missed a deadline. Their head office can focus on strategy, knowing that the local finance side is running smoothly in the background.
If you are setting up in Australia and want to avoid the hassle of building and managing a local finance team from scratch, outsourcing might be the solution you did not realise you needed. Our team at ABN Australia will take care of the numbers, so you can take care of the business.
Published: 14th July 2025 | Last updated: 1th July 2025