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Global Capability Centers (GCC) Expansion in India? Hiring Finance & Accounting Teams at Scale
- Saransh Garg
- 4 days ago
- 7 min read
Updated: 3 days ago
If you're reading this, chances are your organization whether a Fortune 500 tech giant or a fast-scaling IT services firm is planning or already executing a Global Capability Center (GCC) expansion in India. The excitement is real, but so are the challenges.
You've likely hit a common pain point: How do we hire finance and accounting teams at scale without slowing down operations, compromising on talent quality, or inflating costs? Maybe your leadership has decided to set up in Bengaluru, Pune, Gurgaon, Hyderabad, or Chennai, and the next question on everyone’s mind is: “Where do we start with hiring?”
Let me walk you through how we’ve helped MNCs, product firms, and IT services companies like yours build finance & accounting teams from the ground up for their Global Capability Center (GCC) in India using a combination of local hiring intelligence, strong recruiter networks, and time-tested strategies that we’ve refined working with over 100+ enterprises across Tier 1 cities in India.
Why India is the Preferred Destination for Global Capability Center (GCC): The Finance & Accounting Advantage
The demand to expand in India is surging for a reason. Cost savings, talent density, favorable regulations, and scalability make it ideal. But for finance and accounting functions, India offers something more.
You're not just saving money you're unlocking strategic capabilities. Whether it's a shared service model or a fully owned captive center, hiring top finance professionals controllers, auditors, FP&A experts, tax analysts, compliance leads requires precision.
We’ve seen this across companies setting up new Global Capability Center (GCC) in Bengaluru, Hyderabad, Gurgaon: They underestimate the complexity of hiring finance and accounting teams at scale. The result? Delayed operations, poor compliance, and missed growth milestones.
But it doesn’t have to be that way.
When you partner with a recruitment firm that specializes in Global Capability Center (GCC) hiring (like we do), you shortcut the time-to-hire, improve talent quality, and reduce cost-to-hire by as much as 30–40%. That’s not theory. That’s our real-world data.
How We Helped a U.S.-Based SaaS MNC Hire 50+ Finance Professionals for Their Global Capability Center (GCC) in Bengaluru
Before I dive into the strategies, let me share a real case.
One of our clients, a fast-scaling SaaS company based in California, was setting up a Global Capability Center (GCC) in Bengaluru with a mandate to hire a full finance & accounting team of 50+ across FP&A, accounts receivable/payable, tax, and internal audit.
The challenge? They had zero employer brand in India. Hiring managers in the U.S. didn’t have a grasp on Indian salary benchmarks. And worse, they needed all hires done within 100 days.
Here’s what we did:
We mapped the local hiring landscape for F&A roles specific to their domain
Deployed a recruitment team with deep Global Capability Center (GCC) finance hiring experience
Created a three-tier talent funnel with pre-vetted, offer-ready candidates
Filled 46 roles in 87 days across Bengaluru, Pune, and Hyderabad
That Global Capability Center (GCC) is now fully functional and has since added two more departments IT compliance and procurement with our continued hiring support.
Here’s Why Hiring Finance & Accounting Teams for Your in India Isn’t Just ‘Plug and Play’
Let’s be real: hiring software developers in Bengaluru or cloud engineers in Hyderabad is difficult, but hiring the right finance and accounting professionals? It’s an entirely different game.
Here’s why:
India’s top finance talent is always in demand. Even more so in cities like Mumbai and Delhi NCR, where BFSI firms dominate hiring.
The role titles vary significantly. A “Senior Financial Analyst” in India might not match what your U.S. team imagines.
Retention is tough. If the first 90 days aren’t handled with care, attrition risk soars.
That’s why working with a recruitment agency experienced in finance & accounting staffing for Global Capability Center (GCC) in India isn’t optional it’s strategic.
What Roles Are Companies Hiring for Finance & Accounting Teams in Global Capability Center (GCC)?
You might be wondering: What kind of roles should we even hire for at this stage?
Here’s a breakdown of the most commonly hire finance & accounting teams for Global Capability Centers in India, based on our hiring insights:
Financial Planning & Analysis (FP&A) Analysts & Managers
Accounts Payable / Receivable Specialists
Statutory Compliance Experts (IFRS, IND-AS, GAAP)
Internal Auditors & Risk Analysts
Treasury Managers
Taxation Professionals (Indirect & Direct Tax, GST)
Controllers (India Entity or Regional)
Payroll and MIS Reporting Specialists
Finance Business Partners
Revenue Assurance and Audit Analysts
We’ve helped clients hire for all these job titles and more across SAP FICO, Oracle Financials, QuickBooks, and Zoho Books ecosystems.
Here’s How You Can Hire Finance & Accounting Teams at Scale in India (The Right Way)
Now let’s get tactical.
When you're building out a team of 10, 50, or even 100+ finance professionals, the hiring strategy needs to be radically different from ad-hoc hiring.
1. Start With a Workforce Plan Based on Your Operating Model
Are you hiring for a captive shared service or a strategic finance hub? Your hiring plan changes drastically based on this.
We advise all our clients to map talent needs against:
Time zones (U.S., EMEA, APAC shifts)
Tech stack (ERP systems like SAP, Oracle)
Compliance exposure (SOX, SEC, Indian tax laws)
Once we know that, we help you define job titles, reporting lines, salary benchmarks, and the ratio of junior-to-senior hires.
2. Build Employer Brand in Indian Finance Circles
This is a hidden bottleneck. Many MNCs are unknown in India’s finance job market. Without visibility, your ideal candidates will never apply.
That’s why we help our clients with:
Localized job descriptions with industry phrases Indian finance pros understand
Campaigns on Naukri, LinkedIn, iimjobs targeting Indian cities like Pune, Gurgaon, and Mumbai
Recruitment marketing support to establish your Global Capability Center (GCC) as a great place to work
Planning a Global Capability Center (GCC) ramp-up and need 25+ finance & accounting hires in 90 days? We’ve done this before and can do it again for you. Let’s build your finance team in India
Cities to Focus On: Where You Should Hire Finance Talent in India
While your business may be registered in Bengaluru or Hyderabad, different cities offer different advantages depending on the sub-function you're hiring for.
Bengaluru – Best for FP&A, analytics, SaaS finance, and fintech
Hyderabad – Shared service hubs for tax, audit, and compliance
Gurgaon & Noida – Banking, insurance, and financial reporting functions
Pune – Cost-effective and growing hub for AP/AR and payroll
Mumbai – Expensive but top talent for treasury and financial control
We help clients plan multi-city hiring when scale matters and supply becomes limited in one geography.
Trends You Must Know Before Hiring Finance Teams in Global Capability Center (GCC)
1. Shift Toward Cross-Functional Finance Talent
Global Capability Center (GCC) no longer hire just specialists. They need finance professionals who can collaborate with product, sales, and compliance teams, especially in hybrid or matrix setups.
2. Demand for Tech-Savvy Accountants
SAP FICO, Oracle Financials, MS Power BI, and Tableau are now expected for most finance roles. If you're not testing these skills at the interview level, you’ll regret it post-hire.
3. Salaries Have Surged
Compared to 2023, salaries for FP&A roles have jumped 12–15%. Ignoring benchmarks means you’ll lose candidates at the offer stage.
Your Checklist to Hire Global Capability Center (GCC) Finance & Accounting Teams the Right Way
Here’s a quick list we follow for all clients:
Define job architecture based on process complexity
Validate salary benchmarks across Tier 1 cities
Use recruiters who specialize in Global Capability Center (GCC) F&A hiring
Plan 2X sourcing buffer to prevent offer dropouts
Conduct skill assessments for ERP tools (SAP, Oracle)
Offer location flexibility when hiring mid-senior roles
Build 30-60-90 onboarding plan to ensure retention
Want our customizable checklist sent to your inbox? Request the Global Capability Center (GCC) Finance Hiring Playbook
Hiring finance and accounting teams for your Global Capability Center (GCC) in India is not just about filling seats. It’s about building a strong foundation for your global operations.
The stakes are high. You can’t afford poor compliance, delayed closings, or attrition six months in. That’s why you need a recruitment consultancy that knows the Global Capability Center (GCC) model, understands Indian hiring behavior, and has delivered success across India’s Tier 1 cities.
We’ve helped organizations with 100 employees scale to 5,000+ in less than three years—starting with finance.
Now, it’s your turn. Reach out now and let’s plan your hiring roadmap together. Book a Free Global Capability Center (GCC) Hiring Consultation.
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FAQs
1.What is a Global Capability Center (GCC) and why are companies expanding into India?
A Global Capability Center (GCC) is an offshore hub set up by multinational companies to manage key business functions like finance, IT, HR, and operations. India is a top destination due to its skilled workforce, cost efficiency, and strong tech-finance ecosystem.
2.Why is India a preferred location for setting up finance Global Capability Center (GCC)?
India offers a deep talent pool of finance and accounting professionals, competitive labor costs, and a mature outsourcing infrastructure. Cities like Bengaluru, Hyderabad, Pune, and Chennai have become top hubs for setting up finance-focused Global Capability Center (GCC).
3.What roles are typically hired when building a finance Global Capability Center (GCC)?
Finance Global Capability Center (GCC) in India typically hire for roles such as financial analysts, accounts payable/receivable executives, tax specialists, auditors, controllers, and FP&A managers. Senior leadership roles like finance directors are also in demand as centers scale.
4.How do recruitment agencies help in hiring finance teams at scale?
Recruitment agencies offer end-to-end hiring support from sourcing and screening to onboarding. They leverage databases, local networks, and bulk hiring models to quickly scale finance teams while ensuring compliance, cultural fit, and candidate quality.
5.How long does it take to build a finance and accounting team for a Global Capability Center (GCC)?
With the help of experienced recruitment firms, building a team can take anywhere between 4 to 12 weeks, depending on team size, skill complexity, and hiring urgency. Bulk hiring models and ready talent pipelines can significantly reduce timelines.
6.Is it cost-effective to outsource finance hiring for Global Capability Center (GCC) in India?
Yes, outsourcing hiring to a recruitment consultancy in India reduces operational costs, speeds up hiring, and ensures high-quality placements. It's especially effective for large-scale hiring, where time and efficiency are critical for business continuity.
7.What are the biggest hiring challenges for finance Global Capability Center (GCC)?
Common challenges include talent shortages in niche roles, high competition from other Global Capability Center (GCC), and retention of skilled professionals. A local recruitment partner helps navigate these by providing market insights, salary benchmarking, and retention strategies.
8.Which Indian cities are best for hiring finance professionals for Global Capability Center (GCC)?
Top cities include Bengaluru, Hyderabad, Pune, Mumbai, and Chennai. These locations offer access to skilled finance talent, excellent infrastructure, and proximity to other established Global Capability Center (GCC), making them ideal for setting up and scaling teams.