“Outsourcing accounting tasks to specialists is part of the solution to counter the challenge of talent crunch for accounting and finance professionals,” says Satish Bakhda of http://www.rikvin.com, a company registration and accounting services provider based in Singapore.
The comment was made in response to a recent survey finding which revealed that Singapore employers, looking to hire finance professionals, are finding it increasingly difficult to find suitably qualified talent. Rikvin Consultancy renders full suite of accounting services to companies in Singapore. Satish Bakhda adds, “Outsourcing accounting function will bring multiple benefits by reducing the burden on resources and because it is being managed by experts in the area it will meet the highest standards and relieve the management to focus on core tasks at hand.”
Financial leaders surveyed for the fifth annual Robert Half Global Financial Employment Monitor reported difficulties finding skilled staff and growing concern about their ability to hold on to their best employees. Singapore was also covered in the survey. Rise in demand for high quality talent, with well rounded skill set and tighter regulations were suggested as some of the challenges.