On VirtualStaff.ph, you can hire part-time or full-time accountants in the Philippines to directly work for your business. 

Outsourcing accountancy work to a CPA in the Philippines is a good idea for most businesses.

If you are an accountancy firm looking to lower costs and grow profits by hiring accountants in the Philippines, then you can dramatically increase your firms’ profitability through cost reduction.

It is not just accountancy firms that benefit from hiring outsourced accountants, but also businesses that want to not only leverage the cost savings but have someone dedicated to working on their books and financial statements. 

You can employ fresh graduate accountants from $3.00 per hour, and senior and experienced CPAs, who have passed the licensure exams and have extensive experience working with large companies or big four firms for between $5.00 and $15.00 per hour.

Average salary rates for hiring Filipino accountants are:

Fresh graduate (entry-level)

• We suggest you budget between $3.00 and $6.00 per hour.
• These accountants are likely to have recently graduated, they might or might not have passed the board CPA exams, and they likely have less than two years of work experience.

Intermediate

• You can hire intermediate CPAs between $4.00 and $10.00 per hour.
• You can expect they have passed the licensure exams and have between two and five years of experience for this accountant level.

Expert (Senior):

• Depending on the person, you can hire vastly experienced and skilled accountants in the Philippines for between $6.00 and $15.00 per hour.
• This level of CPA might have big four firm experience, or perhaps even have worked in a CFO or financial leadership position.
  

The above calculations are estimates and suggestions only. Ultimately the hours the staff work, and the salary you decide to pay, is entirely up to you and the accountant to agree on!

Many accounting outsourcing providers will charge an all-in fee, including markups and margins.

To save money and increase your margins, even more, we suggest that you use the salary ranges that actual accountants put as their asking salary on the VirtualStaff.ph marketplace.

To guarantee that you hire the best accountant staff, regardless of the experience and skill level you need them to have, here is what we'd advise you to do:

• Set your expectations of paying between 50% and 75% of what the equivalently skilled accountant (CPA) would cost you in the USA, UK, Australia, or other western countries with an equivalent cost of living.
• Hire accountants directly on the VirtualStaff.ph outsourcing marketplace