The demand for accounting professionals in Australia continues to outpace supply, making hiring and retention increasingly difficult. Despite being a top 10 in-demand profession, the talent pool remains limited, leaving businesses struggling to fill critical roles. As of 2025, job vacancies exceed the number of available skilled professionals. Projections indicate that Australia will need 31,000 additional accountants over the next five years and 58,000 over the next decade, highlighting the urgency for sustainable staffing solutions. 

Factors contributing to the shortage:

• Ageing workforce: Many accountants are nearing retirement, leaving a gap that younger professionals aren’t filling swiftly.
• Changing skills demands: Automation and new technologies are reshaping the accounting landscape. Some accountants may not be upskilling enough, impacting their competitiveness.
• Educational Gaps: There are mismatches between the skills taught in accounting programs and the practical needs of the industry, leaving graduates underprepared for the job market.
• Workload and Stress: High workloads and pressure, especially during tax season, can lead to burnout among accountants, challenging retention and escalating hiring costs.

A growing concern for business

With fewer qualified accountants available, existing staff in SME accountancy firms face increased workloads, particularly during peak seasons like tax time. This leads to burnout and higher employee turnover. 

To attract and retain top talent in this competitive market, accounting firms must offer competitive salaries, enhanced benefits, and compelling incentives. However, rising hiring costs put additional pressure on profitability, making it increasingly difficult to sustain growth. These challenges not only affect the bottom line but can also impact service delivery, potentially causing delays in meeting client needs. 

As a result, SMEs struggle to complete crucial financial tasks, such as bank reconciliations and cash flow forecasting. This not only impacts client satisfaction and tarnishes firm reputation but also hinders business growth.

Bridging the talent gap with Deployed

Offshoring with Deployed provides seamless access to skilled professionals who handle routine tasks efficiently, allowing your business to boost productivity without the challenges of in-house recruitment. By partnering with us, your team can focus on high-value initiatives like client advisory and strategic growth while we take care of the day-to-day operations.

Consistent support without recruitment challenges

Offshoring with Deployed provides seamless access to skilled professionals who handle routine tasks efficiently, allowing your business to boost productivity without the challenges of in-house recruitment. By partnering with us, your team can focus on high-value initiatives like client advisory and strategic growth while we take care of the day-to-day operations.

Flexibility to meet changing needs

With the flexibility of offshore support, your business can scale its services up or down as workload demands shift. Whether you need assistance during peak periods or ongoing help with regular volume work, Deployed can adapt to fit your requirements.

Cost-effective and scalable

Whether you’re a startup or a growing enterprise, Deployed offers scalable solutions that adapt to your evolving needs—without long-term commitments. Our cost-effective approach ensures you can expand your operations seamlessly, maintaining quality while staying within budget..

Ready to bridge the gap with Deployed? Let us take on the routine tasks, so your team can focus on what they do best. Book a discovery call to experience the benefits of talent offshoring for yourself.

With fewer qualified accountants available, existing staff in SME accountancy firms face increased workloads, particularly during peak seasons like tax time. This leads to burnout and higher employee turnover. Bridge the gap with Deployed’s offshore solutions.