The U.S. Accounting Talent Shortage

See how U.S. companies are rebuilding their accounting pipeline with LATAM talent.

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Is the accounting talent pipeline collapsing?

Short answer: yes. Bachelor’s degrees in accounting are down 7.8% YoY, master’s degrees fell 6.4%, and CPA exam candidates have dropped nearly 30% since 2015.

Finance leaders are feeling the impact in real time. Roles stay open for months, workloads pile up, and teams are stretched thin.

Why is the accounting shortage affecting all businesses?

The shortage is no longer just an HR issue. Reporting delays, compliance risks, reconciliation errors, and costly last-minute hires are now common across finance teams. Companies are even turning away clients because they cannot keep up with the workload.

And how are companies finding stability again?

As hiring pressure grows, more companies are building distributed finance teams with world-class accounting talent from LATAM. These professionals bring the same standards expected in the U.S., trained in IFRS, U.S. GAAP, major ERPs, and more.
This is not offshoring. It is accessing a stronger, more reliable pipeline.

What makes LATAM accountants stand out?

Remote LATAM talents offer an unmatched combination of cost savings, talent density, and time zone alignment. For US-based companies, especially those grappling with mounting operational costs due to protectionist policies and global market instability, building distributed teams in LATAM is a strategic response. Here are some details:

High technical expertise

Professionals across LATAM come from some of the strongest business and finance universities in the region, and global compliance. Many complete postgraduate certifications or specialized accounting tracks that mirror U.S. standards, giving them a deep understanding of tax reporting, internal controls, and audit requirements.

Real-time collaboration

LATAM talent works in natural sync with U.S. hours. Argentina, Brazil, Colombia, and Mexico operate within one to three hours of most U.S. time zones, which means:
• Month-end closings happen without delays
• Reconciliation cycles stay tight
• Tax season becomes more manageable
• Cross-functional work with finance, ops, and legal feels seamless

Bilingual and culturally aligned

A large share of LATAM accounting professionals are fluent in English and have already worked with U.S. companies, Big Four consulting firms, or global finance teams. That familiarity translates into smoother collaboration, clearer documentation, and easier stakeholder communication.

Budget friendly

U.S. companies can reduce accounting costs by 50 to 70% when hiring in LATAM, but the savings go far beyond payroll. Companies also reduce:
• Contractor premiums
• Last-minute consulting fees
• Internal delays caused by understaffing
• Rework created by rushed or overwhelmed teams

How companies are hiring top LATAM accountants faster with Athyna?

Most companies do not have time for long hiring cycles. With Athyna, U.S. teams meet vetted accountants in days, not months. Our platform uses AI precision to match you with talent trained in global standards, fluent in English, and ready to integrate quickly.
We also support onboarding, payroll, and regionally aligned benefits so your new hire feels supported from day one.

This is our process
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01

Discovery call

Tell us who you need and when. We'll help you figure out the right roles, where to find great people, and what realistic compensation looks like. Then we'll map out next steps—if it feels like a fit, we're in.

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Alignment

Meet your dedicated recruiter. We'll dig into what great looks like for this role—skills, experience, culture fit, the works. We'll refine the job description together and make sure we're both crystal clear on who we're hunting for.

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03

Talent matching

Our AI scans our pool of vetted candidates while our recruiters dig deeper. We match on skills, experience, and culture fit—not just keywords. You'll see the top prospects within 4 days.

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04

Interview

Meet your shortlisted candidates. We'll coordinate schedules and handle the logistics. Most customers hire 1 out of every 3 candidates we endorse—we're here until you find your match.

05

Onboarding prep

Found a match? We'll handle the paperwork—offer letters, contracts, payroll setup. You focus on welcoming them to the team. We'll also help you create an onboarding plan that sets them up to hit the ground running.

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Ongoing Support

Your new hire is up and running. Our Customer Success team stays with you for HR support, performance check-ins, and whatever else comes up as your team grows.

Need more information on the accounting talent shortage in the U.S.? See our guide.

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