Managed Accounting & Financial Reporting
Audit-ready financial statements, monthly management accounts, and full tax compliance — one team, one operating model.
Managed accounting (sometimes called outsourced accounting) goes beyond bookkeeping. It is the full operation of your accounting function: month-end close, financial statements under the standards that apply to you (IFRS, SOCPA, EAS), payroll, tax compliance, statutory filings, and the reporting layer your board, bank, and investors actually need.
Managed accounting (sometimes called outsourced accounting) goes beyond bookkeeping. It is the full operation of your accounting function: month-end close, financial statements under the standards that apply to you (IFRS, SOCPA, EAS), payroll, tax compliance, statutory filings, and the reporting layer your board, bank, and investors actually need.
Axcell operates this function as a managed service under your direction. You set the policies and approve the numbers. We deliver the operating discipline — the people, the process, the calendar, the controls — that produces clean, on-time financial output every month.
- Full-cycle accounting operation — bookkeeping through financial statements
- Monthly management accounts (P&L, balance sheet, cash flow) by working day 5–10
- Statutory financial statements: IFRS (UAE, SOCPA), IFRS for SMEs, Egyptian Accounting Standards (EAS)
- VAT registration, filing, and compliance — Saudi 15%, UAE 5%, Egypt 14%
- Corporate tax compliance — UAE 9% (above AED 375K), Saudi 20% / Zakat 2.5%, Egypt 22.5%
- Payroll processing, GOSI, MOHRE, social insurance filings
- Audit preparation and full liaison with external auditors
- Year-end close package: signed financials, tax computations, supporting workpapers
Businesses with annual revenue between SAR 2M and SAR 50M (or equivalent in AED / EGP) that need professional finance operations but cannot justify a Controller and a team in-house.
Saudi family businesses, Gulf trading and services firms, and Egyptian SMEs facing ZATCA Phase 2, UAE corporate tax, or EAS transition pressure.
Founders raising Series A or later — investors expect monthly management accounts within 10 working days and audit-ready year-end financials.
- Transition: structured 30-day takeover with no operational interruption
- Policies: accounting policy manual, chart of accounts, approval matrix — documented and signed off
- Closing calendar: published, immovable; deliverables tied to specific working days
- Tax compliance: VAT, corporate tax, withholding tax, transfer pricing documentation
- Reporting: standard monthly package + custom analyses on request
- Year-end audit: full schedule preparation and direct auditor liaison
Your finance system, your data, our discipline. We operate inside your environment using named professionals under NDA + DPA, fully compliant with PDPL / UAE PDPL / Egyptian DPL.
One Senior Account Manager (Controller-grade, ACCA/CPA/SOCPA-credentialed) leads your engagement. A delivery team of 2–5 accountants supports based on volume.
Performance is measured monthly: close timeliness, error rate, response time, compliance penalty incidence (target: zero). Quarterly business review with your management.
Monthly retainer pricing based on revenue, transaction volume, complexity, and entities. Four tiers — Essentials, Standard, Enterprise, Group.
Indicative monthly retainer: Saudi SAR 8,000–35,000; UAE AED 6,500–28,000; Egypt EGP 35,000–180,000. 12-month contracts with quarterly review.
All-inclusive: bookkeeping, statements, tax, payroll, audit support. No surprises.
- Monthly management accounts in your inbox by working day 5–10
- Year-end financials audit-ready before fiscal year-end + 60 days
- Zero compliance penalties (or we cover them)
- A finance operating system you can show to a bank, an investor, or a buyer with confidence
- Your time freed from finance firefighting to focus on running the business
Common questions about Managed Accounting & Financial Reporting
What is the difference between managed accounting and outsourced accounting?
They are the same service. "Managed" is the newer framing that emphasizes you retain control of policies and approvals; we run the operations. "Outsourced" is the older, widely-searched term. Either way, you get a complete accounting function — month-end close, financial statements, tax compliance, payroll, audit support — without building the team in-house.
Can a managed accounting firm sign my statutory audit?
No. The signing auditor of statutory financial statements must be an independent, licensed audit firm (SOCPA-licensed in Saudi Arabia, FTA-approved in UAE, EFRA-registered in Egypt). Axcell prepares your audit-ready financials but does not perform statutory audit — that independence requirement is core to the profession. We coordinate directly with your chosen audit firm.
Which accounting standards apply in Saudi Arabia, UAE, and Egypt?
Saudi Arabia: IFRS as adopted by SOCPA for listed and large entities; IFRS for SMEs for smaller entities. UAE: IFRS as endorsed by the Ministry of Economy. Egypt: Egyptian Accounting Standards (EAS), substantially aligned with IFRS but with local modifications. Axcell prepares financials in all three standards depending on the entity's jurisdiction and reporting needs.
How do you handle VAT and corporate tax across the three markets?
Each market has different rates and rules. Saudi Arabia: VAT 15%, corporate tax 20% for foreign-owned + Zakat 2.5% for Saudi-owned. UAE: VAT 5%, corporate tax 9% on profits above AED 375,000 (since June 2023). Egypt: VAT 14%, corporate tax 22.5% standard. Axcell handles registration, filing, and compliance in all three jurisdictions for clients with cross-border operations.
How long is a typical managed accounting engagement?
Standard contract is 12 months with quarterly review windows. Most clients renew because switching cost is high once books are clean and the close calendar is running smoothly. Termination notice is typically 60 days. Onboarding alone takes 30 days, so we recommend committing to at least 12 months to recover that setup investment.
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We'll quote within 48 hours of receiving your trial balance and last three months' bank statements.
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