Finance & Accounting SSC in UAE | Virtual Accountants

Streamline your finances with reliable and accurate accounting services tailored for businesses in Dubai. From bookkeeping to financial reporting, Virtual Accountants ensures compliance, clarity, and confidence in every transaction.

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Finance & Accounting Shared Services Centre (SSC) in UAE

Free your leadership from day‑to‑day accounting work and still get accurate, on‑time numbers every month. Our Finance & Accounting Shared Services Centre (SSC) in Dubai centralises your finance operations into one expert team, so you can focus on growth, cash flow and strategy.

We combine Big 4 experience, deep UAE regulatory knowledge and a virtual delivery model tailored to SMEs, family groups and fast‑growing businesses.

Finance Work Keeps Pulling You Away from the Business

Most business owners and CFOs in the UAE face the same issues:

Every entity has its own way of doing accounting

Month‑end closing is slow and stressful

AP, AR and bank reconciliations are always catching up

You depend on one or two people – if they are away, the entire finance function stalls

Strategic work (cash planning, margins, funding) takes a back seat

When Your Finance Function Is Fragmented

A fragmented setup quickly leads to:

Inconsistent charts of accounts and reports across entities

Invoices stuck in email chains and WhatsApp messages

Limited visibility on who owes you money and when

Risk of errors in VAT, Corporate Tax and compliance.

This isn’t a “bad accountant” problem. It’s a structural problem: your finance work is spread out, manual and dependent on individuals – not on robust, repeatable processes.

2. Collaborative accounting services in Dubai

Accounting software access is available to the client and us. Some part of the work is done by the client such as issuance invoices, receiving payments, processing payroll, uploading receipts, bills and other documents in accounting software. It may also include creating new customers, suppliers, new accounts in the chart of accounts and issuing checks etc. The work performed by us in this may include reviewing the work done by the client, passing journal entries & adjustments, dealing with open invoices, matching invoices with payments/receipts, handling VAT returns, reconciling all banks, and dealing with other complex accounting issues such as fixed assets, Inventory, loans. Periodic reports are prepared and sent to the client.

Finance & Accounting Shared Services in Dubai, UAE

Accounting software is managed by the client, but our accounting services are needed for specific procedures/transaction. Our tasks may include VAT returns, advising accounting treatment, handling complex accounting area or cleaning of books.

A Finance & Accounting Shared Services Centre is a central hub that delivers standardised finance processes – such as accounts payable, accounts receivable, bookkeeping and reporting – for your whole organisation from one place.

Instead of each company or branch handling finance differently, you get:

One central finance team

One set of agreed processes and SOPs

One source of clean data and reporting

At Virtual Accountants LLC, we provide a managed Finance & Accounting SSC that operates as an extension of your business:

Based in Dubai, serving clients across the UAE

Delivered remotely or in a hybrid model (on‑site + virtual)

Built around the systems you already use (QuickBooks, Zoho, Xero, Odoo, etc.)

Ready to Take Control of Your Finances?

Let Virtual Accountants handle the numbers—so you can focus on what you do best: growing your business.

What Our Finance & Accounting SSC Covers

We structure your SSC into clear process areas so you know exactly what is handled, by whom and how.

Accounts Payable (AP) Shared Services

Keep suppliers happy and cash under control with a clean purchase‑to‑pay process.

Typical scope

Capturing supplier invoices (email / portal / scanned)

Coding invoices to the correct GL, cost centres and VAT treatment

Matching invoices with POs and GRNs where applicable

Routing invoices for approval based on your authority matrix

Preparing payment proposals and payment files for bank upload

Maintaining a clean AP ageing report and supplier reconciliations

Accounts Receivable (AR) & Collections

Turn sales into cash with a structured order‑to‑cash process.

Typical scope:

Customer master data setup and review

Sales invoice preparation and posting

Credit notes and adjustments with proper approvals

AR ageing reports and exception reviews

Gentle, professional follow‑ups on overdue invoices

Customer statement reconciliations

A strong AR process improves cash flow and reduces surprises around bad debts.

Bookkeeping, General Ledger & Month‑End Close

Accurate books mean better decisions and smoother audits

Typical scope:

Daily/weekly posting of journal entries

Accruals, prepayments and reclasses

Review of expense coding and VAT treatment

Fixed asset register updates and depreciation

Trial balance review with your finance lead

Support for month‑end closing checklists

Our aim is to move you from “year‑end clean‑up” to steady, monthly discipline.

Bank Reconciliations & Cash Management Support

Cash is at the centre of every decision – but only if you can see it clearly.

Typical scope:

Bank statement download and mapping

Daily or weekly bank reconciliations, as needed

Petty cash and credit card reconciliations

Identifying unmatched entries and resolving them with your team

Simple cash‑flow views for management

Centralising this in the SSC reduces errors and gives you more confidence in your cash position.

Management Reporting & MIS Packs

Once your data is clean, reporting stops being a headache.

Typical scope:

Standard monthly management reports

P&L by entity, branch or segment

Balance sheet and cash‑flow summaries

Custom KPIs (e.g. AR days, AP days, margins by product)

Support for board packs and lender updates

Because all entities feed into the same SSC, you get group‑wide, comparable reporting instead of disconnected spreadsheets.

High‑Volume Data Entry & Document Management

For many SMEs and growing groups, the biggest pain is not complex accounting – it’s volume.

We help with:

Bulk data entry for historical backlogs or new systems

Uploading and tagging documents in your DMS or accounting software

Clean, systematic naming and storage of finance files

Setting up basic document retention rules

This keeps your digital “paperwork” in order and makes audits and reviews much smoother.

Benefits of a Finance & Accounting Shared Services Centre

Finance shared services have become a standard model globally because they deliver both cost savings and better quality.

Lower Cost, Higher Productivity

By consolidating finance work into one SSC team, you can:

Reduce duplicated roles across entities

Benefit from economies of scale on tools and training

Use staff time more efficiently with specialised roles (AP, AR, GL, etc.)

Studies of finance shared services show that centralisation can meaningfully reduce the cost of routine finance processes while improving speed and consistency.

Standardised Processes & Stronger Controls

An SSC helps you:

Apply the same SOPs, policies and approval rules everywhere

Make sure staff rotations or leaves don’t break processes

Maintain better audit trails and documentation

Build a performance‑driven culture with clear KPIs and SLAs

This reduces operational risk and makes regulators, banks and auditors more comfortable with your numbers.

Better Visibility & Faster Decisions

When all transactional work flows through one centre:

You get a single view of payables, receivables and cash

Management reports become more timely and reliable

You can benchmark entities or branches against one another

This supports smarter decisions on pricing, cost control, staffing and investment.

Scalable Finance Function for Growing Businesses

As you open new entities or expand into new markets, you don’t need to build a full finance team each time.

Your Shared Services Centre simply:

Onboards the new entity into existing processes

Uses standard templates and chart of accounts

Produces reports in the format you already know

That makes growth more predictable and less chaotic.

Our Process: How We Set Up Your Finance & Accounting SSC
Step 1 – Assessment & SSC Design

We begin by understanding your current picture:

Legal structure, entities and locations

Existing finance team, roles and workloads

Systems in use (ERP, accounting, banking, payroll)

Current problems – delays, errors, bottlenecks

We then propose a tailored SSC design:

Which processes to centralise first (e.g. AP + bank recs)

Service scope, SLAs and reporting cadence

Transition timeline and milestones

Step 2 – Transition & Knowledge Transfer

Once we agree on the model, we:

Map your existing workflows and approvals

Document SOPs and process maps for key finance areas

Train our SSC team and your staff on the new way of working

Move work into the SSC in controlled phases

You always know who handles what, and you keep oversight through clear escalation paths and regular reviews.

Step 3 – Steady‑State Operations & Continuous Improvement

After go‑live, we focus on:

Hitting agreed KPIs and SLAs (e.g. close timelines, accuracy)

Regular check‑ins with your management team

Tweaks and improvements as your business changes

Adding new entities or processes (e.g. payroll, procurement) when you’re ready

The result: a stable, predictable finance engine running in the background.

Who Our Finance & Accounting SSC Is For

Our Finance & Accounting Shared Services Centre is ideal for:

SMEs and start‑ups that have outgrown basic bookkeeping

Family groups with multiple companies and locations

Regional HQs in Dubai or the wider UAE managing several markets

Businesses preparing for investment, banking facilities or due diligence

Companies with frequent staff turnover in finance who need a more resilient model

If you’ve ever thought, “We spend too much time fixing basic finance issues” or “Our numbers are never ready when we need them”, an SSC‑based approach can be the right next step.

Why Choose Virtual Accountants LLC for Your Finance SSC?
Big 4 Trained, SME‑Focused

Virtual Accountants LLC is a team of accounting professionals with prior Big 4 accounting firm experience, focused on small and medium‑sized businesses in the UAE.

You get:

Senior oversight from Chartered and Certified Accountants

Practical, not theoretical, advice based on real‑world experience

A balance between corporate‑level discipline and SME practicality

UAE Regulatory Expertise

We work daily with:

UAE VAT and Corporate Tax requirements

UAE payroll and labour‑related considerations (in coordination with HR)

FTA expectations around record‑keeping and documentation

That means your finance SSC is designed with compliance in mind from day one.

Trusted Expertise in UAE Regulatory Compliance

We’re always on the same page with Government Agencies, working together to get the job done!

Accounting Software We Use

We’re always on the same page with Government Agencies, working together to get the job done!

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Proven Results Shared by Our Clients

FAQs

Finance andAccounting Services in the UAE
Do you replace our existing finance team?

Not necessarily. In many cases, we work alongside your CFO or finance manager, taking over transactional and repeatable work (AP, AR, bookkeeping, reconciliations) while your internal team focuses on analysis, business partnering and strategy.

Can we start small and expand later?

Yes. You can begin with a limited scope – for example, AP + bank reconciliations – and gradually move more processes into the SSC once everyone is comfortable.

Will our accounting software need to change?

Not always. We usually work with your existing systems and improve process discipline and configuration first. If a system change will truly help, we’ll recommend it with a clear business case.

Is our financial information secure?

We follow strict confidentiality and data security practices, including controlled access, secure file‑sharing tools and clear retention policies. We can also coordinate with your internal IT team to meet specific security requirements.

How is pricing structured?

Pricing depends on:

Number of entities and volume of transactions

Scope of processes (AP, AR, GL, reporting, etc.)

Complexity of your structure and systems

We normally agree on a fixed monthly fee for clear budgeting, with scope documented upfront.

Ready to Explore a Finance & Accounting SSC for Your Business?

If you’re looking for a reliable Finance & Accounting Shared Services Centre in UAE – one that can centralise your finance work, improve control and free up your leadership – we’d be happy to discuss your situation.

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Our Locations

Office - Dubai

Office 609, 6th Floor, Al Moosa Tower 1, Trade Centre 1, Sheikh Zayed Road, Dubai, UAE

Office - Sharjah

Sharjah Media City (Shams), Al Messaned, Al Bataeh,   Sharjah, United Arab Emirates.