Accounting outsourcing

Providing accounting outsourcing services in Armenia, Belarus, Kazakhstan, Poland, Russia and Uzbekistan since 2003. We offer dedicated service packages for subsidiaries of international companies, import and export companies, branches and representative offices.

Whether you are thinking of expanding your business to a new market or already successfully working in Armenia, Belarus, Kazakhstan, Poland, Russia and / or Uzbekistan, we can take over all of your routine and time-consuming accounting tasks so you can focus on developing your core business in the region.

Our 150+ top accounting and tax experts will handle accounting tasks of any complexity, providing professional consultancy on best accounting practices and industry benchmarks to ensure full transparency for your head office and compliance of accounting and financial reporting with both local legislation and corporate standards. We can integrate local accounting systems with the solution used in head office to ensure total visibility and real-time availability of financial and operational data from subsidiary operations.

What you get

We analyse your business model in detail to develop an accounting strategy that meets both local legal and head office requirements. We support you in constantly improving financial, personnel and other business processes, identify inefficiencies and resource-intensive operations and offer proactive optimisation advice.
We provide you with a qualified professional with relevant industry experience and management skills to develop your accounting policy; arrange daily record-keeping, statutory, tax and management reporting; review contracts and agreements; and, if necessary, act as head of your accounting department.
If needed, we take over the management of a specific accounting area such as payroll and HR administration, expense reports, fixed assets, inventory or bank and currency control. We develop accounting policy and record-keeping document flow procedures, create necessary job descriptions and provide ongoing support for your in-house personnel.
We arrange your initial accounting setup and automate your accounting and financial reporting according to local (Russian Accounting Standards, or RAS) and / or international standards (IFRS) using regional or global accounting systems such as 1C, SAP, Navision, Oracle, etc. We set up the automatic generation and distribution of reports containing the information that is most valuable to your business, such as warehouse stock, invoiced amounts, accounts receivable, etc.
We handle all of your daily accounting tasks, from collecting and storing primary documents to preparing and submitting accounting, tax and statistical reporting. We provide methodological support and proactively inform you about legislative changes to mitigate risks. If needed, we reconstruct financial accounts for you either in your accounting system or based on original documents and provide support during governmental tax audits or other control activities.
We prepare / audit the financial reporting of your subsidiary according to local accounting standards (e.g. Russian Accounting Standards, or RAS), analyse the requirements of your international head office, introduce necessary adjustments in line with GAAP and generate management reporting to ensure full transparency and visibility into the operations of local subsidiaries for shareholders abroad. If needed we provide reverse transformation of reporting from IFRS to RAS.

Useful information

Accounting Outsourcing
Accounting Outsourcing
Accounting Outsourcing services
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Why Schneider group

Our 150+ strong team combines accounting professionals with diplomas from leading Russian and international universities and certificates from the Institute of Professional Accountants of Russia, DipIFR, CIMA, ACCA and more. When adding new members to our team we not only assess their professional knowledge, client-oriented approach and communication skills, but also pay attention to the applicant's ethical principles. Our employees constantly improve their professional knowledge, while their competence is assessed twice a year during regular evaluation procedures.
A dedicated client manager with relevant industry experience is available for each customer. The client manager not only answers all potential queries about accounting support, but also handles communication with other SCHNEIDER GROUP departments when needed to solve related tasks. The client manager is in constant touch with the customer via their preferred communication channels. On average, major employees at SCHNEIDER GROUP have spent around nine years with us. This staff longevity means you as a customer will not have to deal with constant changes of your main contact person.
Our accountants analyse your requirements and the specifics of your business model to integrate with your existing business processes: we identify financial, tax, and administrative risks; ensure you have the necessary analytics for well-informed decision-making; and provide recommendations on performance optimisation. Our team members work either remotely, or with you on-site.
Over 65% of our clients have used our accounting services for more than 5 years, and about 30% of them for over 10 years. Since the company was founded we have never had a claim against the $2 million insurance policy that covers our accounting services – a flawless record we are proud to share.
We use our in-house developed Client Login platform to exchange primary accounting documents with our customers. This increases the speed and quality of document processing and minimises human error. To speed up processes and save costs for our clients, we set up electronic document exchange with buyers and suppliers.
We make sure that your accounting and financial reporting processes run smoothly even when experiencing changes such as rapid and substantial business growth, the sudden departure of an employee or a need to reconstruct financial accounts or implement a new accounting system. We support customers during governmental audits, help prepare reporting against tough deadlines, and offer assistance with other complex and stressful accounting tasks.