Finance and Accounting

Valenta > Staff Augmentation > Finance and Accounting

Accountants and Bookkeepers

Accountants and Bookkeepers are the backbone of every business’s financial management. They are responsible for the financial records and transactions of the organization and provide critical financial information that management uses to make informed decisions. The role of Accountants and Bookkeepers is essential to the smooth operation of finance and operations departments, accounting departments, and CPA firms.

Accounting and Bookkeeping Staffing Challenges

Filling accounting and bookkeeping positions is a significant challenge for many businesses. The market is highly competitive, and there are not enough skilled workers to fill these roles. Additionally, many businesses may not have the budget to attract and retain top talent. Staff augmentation and outsourcing can bridge the staffing gap. Staff augmentation for accounting and bookkeeping can get open positions filled quickly and help existing employees focus on high-value and customer centric tasks.

CPA Firm Accountants and Bookkeepers

CPA firms provide financial consulting and advisory services to clients.  Owners and partners are responsible for ensuring accuracy and completeness and sign off on reports.  Outsourced accountants and bookkeepers can be highly productive by completing routine and mundane tasks, freeing up time for CPAs and Partners to focus on clients and the business of the practice.

Accounting Department Staff

Accounting and bookkeeping staff are responsible for managing the financial records of the company, recording all financial transactions, preparing financial reports, and managing accounts payable and accounts receivable. They also ensure that the company is compliant with all accounting standards and regulations.

Finance and Operations Departments Accountants and Bookkeepers

In finance and operations departments, accountants and bookkeepers are responsible for managing the financial records and transactions of the organization. They create and maintain financial statements, prepare budgets and forecasts, and ensure compliance with financial regulations. Their work helps management make informed decisions about the allocation of resources and investments.

Valenta Accounting Staff Augmentation

Valenta offers cost-effective and customizable outsourcing solutions that meet the specific needs of each client. Our global recruitment process ensures that we provide skilled accounting and bookkeeping staff to our customers. We provide flexible and cost-effective offshore and nearshore options to clients, enabling them to achieve significant cost savings while maintaining high-quality financial operations. Valenta Managing Partners are available to discuss how staff augmentation or outsourcing can benefit your business.

Why Choose Valenta?

Local-presence

Regional Presence

Valenta has local Managing Partners located throughout Canada, providing a regional presence that many outsourcing and staff augmentation providers do not offer. Our Managing Partners maintain close relationships with our clients and serve as ongoing resources and integral members of the client’s account team.

flexible-engagements

Flexible Engagements

Valenta offers flexible, month-to-month agreements to all our Canadian clients. We charge an onboarding fee and then bill monthly, with no long-term commitments. Our adaptable plans allow for quick ramp-up and easy scaling as needed, making staff augmentation stress-free for our clients.

support-services

Dedicated Support

Unlike many outsourcing and staff augmentation service providers, Valenta provides dedicated resources to our clients. Each client works with a dedicated Valenta employee, not an anonymous team, and our resources get to know our clients’ processes and interact with them like any other virtual employee.

Staff-augmentation

Experienced Staff Augmentation Team

Valenta brings a team approach to every staff augmentation engagement. In addition to local Managing Partners, every resource is managed by a Valenta Team Leader who oversees a group of similar roles. The Team Leaders report to Regional Services Heads who also manage recruitment, freeing up our clients’ time and taking care of HR headaches.

Train

Global Talent Pool

Finding staff to fill roles in Canada can be challenging and often exceeds budget constraints. With Valenta’s staff augmentation services, clients have access to a global talent pool, including countries such as India, the Philippines, Malaysia, Columbia and Trinidad. Soon, we will also be expanding to Eastern Europe and Northern Africa.

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Transparent Processes

The Valenta Way is at the core of everything we do. We have well-established, documented processes for delivering high-quality staff augmentation services to our Canadian clients, ensuring transparency and easy sharing of information.

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Comprehensive Solutions

Valenta offers comprehensive staff augmentation services for all functions of a business, including Accounting, Finance, IT, Operations, HR, Sales, Marketing, and Support. We fill traditional roles and new information economy positions to meet the needs of our clients.

Compliance and Security

Compliance and Security

Valenta is ISO 27001 and ISO 9001 certified, taking compliance and security seriously. We operate service centers in countries where we provide services and have both physical and non-physical controls in place to ensure the protection of our company and client data.

Our Accountants and Bookkeepers can assist with the following

General Accounting

general-accounts
  • General ledger and subledger reconciliations
  • Bank reconciliations
  • Inter-Company reconciliations
  • Manual journal entries
  • Reclassification of journal entries
  • Fixed asset accounting
  • Inter-company settlements
  • Financial close activities

Procure to Pay

  • Purchase order entry and delivery
  • Vendor verification and set up
  • Vendor master data management
  • Vendor queries / helpdesk
  • Invoice receipt and classification
  • Invoice data extraction
  • Invoice data entry and interface
  • 2 way and 3-way purchase order / invoice / receipt matching
  • Non-Purchase Order invoice coding
  • Vendor statement reconciliation
  • Accounts payable accrual journal entry
  • Expense compliance audit
  • Payment processing

Accounts Receivable

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  • Sales order entry
  • Customer data set up
  • Customer data management
  • Billing / Invoicing
  • Collection activities
  • Cash Application
  • Credit Risk Management
  • Dispute verification and resolution
  • Chargeback management

Tax, Treasury and Compliance

  • Data aggregation for tax liability
  • Convert data to tax basis
  • Complete tax return workbooks
  • Prepare Tax returns
  • File tax returns and payments
  • Tax accounting entries

Financial Planning, Analysis, and Reporting

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  • Data Aggregation for Report Preparations
  • Trial Balance and Balance Sheet
  • Profit and Loss
  • Cashflow
  • Variance analysis
  • Management reports
  • Statutory / regulatory reports

Our Accountants and Bookkeepers can assist CPA firms with the following

  • Tax Preparation, Return and Workpaper completion
  • SMSF administration (Australia)
  • BAS processing (Australia)
  • Downloading bank statements (USA)
  • End-to-end bookkeeping
  • Multi-Channel client communication including follow ups
  • Compiling document packs, and updating CRM such as salesforce
  • Client services including ERP’s such as NetSuite
  • Preparing management reports
  • Preparing financial reports
  • Accessing various portals
  • Corporate administration
  • Client packs

We implement Bots and AI in our solutions

Accounting, Account Receivable and Accounts Payable Reconciliation on Xero:

Clients using virtual staffing and moving towards Bots

Join Valenta and Michael Meilinger from Meilinger Consulting, P.C. as we discuss not only how nearshoring and offshoring can elevate growth and productivity at your firm, but also when it’s time to invest in such opportunities to benefit your business model.

How we add value?

Our Finance and Accounting specialists deliver business value to our clients by the reducing cost of operations, helping them attain world class cost structures, and implement effective controls. We standardize all processes with a high degree of Automation and AI.

We have a comprehensive and integrated Finance and Accounting service capabilities. We augment our capabilities by continuously investing in building Robotic Process Automation and Artificial Intelligence expertise through:

  • Continuous investment in Automation and AI technologies
  • Create Standard Operating Procedures for each of our clients
  • Provide clients with a Real Time Visibility Platforms
  • A Dedicated Finance and Accounting Academy, which focuses on increasing domain expertise.

Digital Transformation Expertise

Driving Digital Transformation by leveraging best-in-class technology solutions:

SAP_ERP
SAP_Concur
SAP_BUSINESS_ONE
SAP_BUSINESS_DESIGN
TALLY
FREE_AGENT
MICROSOFT_DYNAMIC_GP
MYOB_ESS
DEXT
WORKDAY_FINANCIAL_MGMT
TAX_CALC
FRESH_BOOKS
QUICK_BOOKS_DESKTOP
quicken
sage-100
xero

And More…

Valenta Pricing Packages:

Accountant

Full Time

40 hours per week

From $ 2,500 per month

Part Time

20 hours per week

  From $ 1,250 per month

Accounting Admin

Full Time

40 hours per week

From $ 2,500 per month

Part Time

20 hours per week

  From $ 1,250 per month

Bookkeeper

Full Time

40 hours per week

From $ 2,200 per month

Part Time

20 hours per week

From $ 1,100 per month

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