Finateo's shared services center in Tetovo, North Macedonia can run ongoing finance operations for our clients — from project controlling, accounting and transaction processing through to financial planning & analysis and investment analysis. Nearshore economics, advisory-grade design and full transparency in the view you choose — always offered, never required.
Every transformation, integration or automation project ends with the same question: who runs this now? Hiring is often slow and expensive. Offshore outsourcing trades cost for distance, time zones and quality surprises. Keeping it in-house means the transformation's savings never quite materialise.
Our answer is a dedicated nearshore team, two hours from most European capitals, in the same time zone, working in your systems under processes we designed together. The advisor who scoped your operating model and the team executing your payment run answer to the same firm — and to you.
That continuity is the point. Recommendations stay honest when the firm making them has to live with the operational consequences.
Budget tracking, forecasting, project P&L, variance analysis and steering-ready reporting for project-driven businesses — engineering, construction, professional services and PE portfolio initiatives.
Bookkeeping, month-end close, statutory and group reporting, fixed assets and intercompany — delivered to your group calendar, in your ERP, audit-ready by design.
Payables and receivables, end to end: invoice capture, approval workflows, payment runs and supplier queries; customer invoicing, cash application, ageing monitoring and collections. Automation does the volume, people handle the exceptions.
Budgeting cycles, rolling forecasts, management reporting packs, variance commentary and board-ready analysis — an analysis desk for your CFO, built on the same data our core team already runs.
Business cases, capital-expenditure appraisal, scenario modelling and post-investment reviews — senior analysts working alongside your leadership and deal teams, so investment decisions rest on stress-tested numbers.
Reconciliations, master data management, compliance calendar support and ad-hoc analysis — the connective tissue around the core processes, scoped open-endedly to what your setup needs.
We document the processes in scope, define service levels, agree the operating calendar and design the controls — the same care we bring to advisory, applied to running the work.
We learn your processes, run them in parallel with your team, and take over only once you're satisfied it works. Your named counterpart team is staffed and trained on your systems before go-live.
First closes under close supervision, weekly governance calls, rapid issue resolution — until the service runs reliably to the agreed service-level agreement (SLA), steadily and predictably.
Steady-state delivery with monthly service reviews, KPI reporting and a continuous-improvement backlog — including new automation as it pays off.
Trust in an outsourcing relationship is built on visibility — knowing what's happening, and when. That's the principle we built around. You decide how you want that visibility delivered — structured reporting, live dashboards, or the Finateo client portal — showing your current commitments, milestone status and a log of actions taken by your counterpart team in Tetovo: who did what, when, on which process.
North Macedonia combines EU-aligned regulation, a strong pipeline of finance and accounting graduates, high English proficiency among young professionals, CET time zone and operating costs 40–60% below Western Europe. Tetovo — a university city a short drive from Skopje and its international airport — gives us access to that talent pool without capital-city salary pressure. And for us it isn't a pin on a sourcing map: we run our own operation there, backed by a broad professional network across the region — especially in finance — built over years.
Why North Macedonia — the full pictureA scoping conversation and a high-level business case are free. The numbers usually speak for themselves.