Industry: Home Services & Business Consulting
Role: Staff Accountant (Full-time, Remote)
Location: Panama
Monthly Salary: $2,000
Estimated U.S. Cost: $6,500
Total Savings: 70%
Background: A Growing Home Services Group Looking for Financial Clarity
A growing U.S.-based group operating several home service companies and new coaching ventures needed a reliable Staff Accountant to support accounting operations across multiple entities.
They required someone experienced with QuickBooks Online, capable of managing reconciliations, reporting, AR/AP, and month-end close with accuracy and speed.
Hiring in the U.S. was slow and expensive, so they turned to South for a faster, more cost-efficient solution.
The Challenge: High U.S. Costs & Long Hiring Cycles
A Staff Accountant in the U.S. easily costs $6,500/month, making it difficult for growing companies to scale sustainably.
The role required:
- Proven accounting experience
- Strong QuickBooks Online expertise
- Ability to manage multiple entities
- Precision in categorizing data and completing monthly close
- Reliability and long-term commitment
They sought top-tier talent with full-time dedication, without overpaying or wasting weeks on the search.
The Solution: A Fully-Vetted LATAM Accountant Hired in 14 Days
South launched the search immediately. Within 5 days, the client received their first batch of qualified candidates.
Just 14 days after publishing the job, their new Staff Accountant was hired and fully integrated.
South handled everything end-to-end:
- Sourcing & vetting
- Interviews
- Background checks
- Contracts & compliance
- Payroll setup
- 24/7 admin support once the hire started
The client focused only on evaluating talent, South handled the rest.
Meet the Staff Accountant: Tomás from Panama
Tomás brought over 10 years of experience in accounting, including 5 years as a Senior Accountant at a well-known Panamanian company.
His strengths matched the client’s needs perfectly:
Core Expertise
- Advanced QuickBooks Online
- Bookkeeping for multiple entities
- Bank, credit card, AR, and AP reconciliations
- Month-end close and financial reporting
- Budgeting and project cost analysis
- Cleanup, recoding, and accuracy reviews
- Communication with clients on unclear transactions
- Invoicing and ad hoc reports (Excel advanced)
He also demonstrated:
- Excellent English
- Fast adaptability
- Ownership of tasks from day one
He didn’t need a long onboarding; he knew exactly what to do.
The Impact: Faster Operations, Lower Costs, Zero Headaches
Tomás quickly took ownership of day-to-day accounting for multiple companies in the portfolio.
The client immediately gained:
- Clean, accurate monthly financials
- Faster reconciliation cycles
- Less time spent on administrative accounting work
- A reliable full-time team member at a fraction of U.S. costs
Results
- Time to Hire: 14 days
- Cost savings: 70% vs. U.S.-based salaries
- Operational Impact: Clean books, reduced workload, faster reporting
- Onboarding: Minimal. He started delivering value immediately
Why Hire with South?
South gives companies access to highly skilled LATAM accounting talent that matches U.S. quality without U.S.-level costs.
We manage sourcing, vetting, compliance, contracts, payroll, and ongoing support, so you can focus on performance while we handle the entire administrative load.
👉 Ready to hire exceptional finance talent from LATAM? Let’s talk!
