Finance Shared Services & Centralised Accounting Support

Finance shared services is an operating model in which selected finance activities are performed centrally for multiple entities, branches or business units. Centralised activities may include bookkeeping, reconciliations, accounts payable/receivable support, month-end close and management reporting.

The model should clearly define what is centralised, what remains local, who approves transactions and how entity-specific statutory requirements are handled.

Multi-Entity Groups

Centralise repeatable processes while maintaining separate accounting records and entity-level responsibilities. See Multi-Entity Accounting.

Multi-Branch Businesses

Create consistent finance workflows and reporting across branches while retaining branch-specific operational inputs.

Growing Companies

Standardise processes before finance activity becomes fragmented across teams.

Businesses With Multiple Finance Teams

Define common processes, reporting standards and review layers while preserving necessary local responsibilities.

Outsourced Finance Models

A shared-services approach can also be delivered externally when the engagement covers multiple entities or business units. See Accounting Outsourcing.

Depending on scope:

• Finance shared-services operating model
• Centralised vs local activity matrix
• RACI matrix
• Standard finance SOPs
• Month-end close calendar
• Reconciliation framework
• AP/AR workflow
• Intercompany reconciliation process
• Standard reporting pack
• KPI definitions
• Chart-of-accounts mapping principles
• Exception and escalation process
• Transition plan
• Finance service catalogue
• Responsibility and approval matrix

A shared-service model works best when repeatable processes are standardised while legitimate entity or business-unit differences remain documented.

We avoid forcing identical treatment where entities have different accounting policies, business models, currencies, tax requirements, reporting frameworks or transaction types. The target operating model should distinguish genuine standardisation opportunities from requirements that need local treatment.

A shared-services model may use common accounting systems, workflow tools, reporting platforms or standardised templates.

The appropriate technology depends on the existing systems and entity structure. Not all entities need to use the same accounting software, and no specific integration is automatically available.

System migration, custom development, API integration and complex ERP implementation are separately scoped and technically assessed.

Finance shared-services setup and ongoing support are scope-based. Pricing depends on entity count, branches, transaction volume, systems, process coverage, reporting frequency, intercompany complexity and transition requirements.

Finance shared-services and centralised accounting fees are customised to your entity structure and finance-process scope. Contact CorporateWalla for a structured proposal.