Accounting and Finance Average Salaries in Philippines 2019

How much money does a person working in Accounting and Finance make in Philippines?

38,696 PHP per month

Average Monthly Salary

A person working in Accounting and Finance in Philippines typically earns around 38,696 PHP per month.

This is the average monthly salary including housing, transport, and other benefits.

Salaries differ drasticly between different Accounting and Finance jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job Title

Average Salary

Accountant	23,378 PHP
Accounting Assistant	16,844 PHP
Accounting Clerk	12,467 PHP
Accounting Coordinator	20,000 PHP
Accounting Manager	47,897 PHP

Accounting Supervisor	28,318 PHP
Accounts Payable and Receivable Specialist	37,500 PHP
Accounts Payable Clerk	17,256 PHP
Accounts Payable Manager	18,000 PHP
Accounts Receivable Clerk	10,500 PHP
Accounts Receivable Manager	55,540 PHP
Assistant Accounting Manager	29,744 PHP
Audit Supervisor	55,000 PHP
Auditing Manager	22,250 PHP
Auditor ( external )	29,771 PHP
Auditor ( internal )	22,956 PHP
Bookkeepers	14,232 PHP
Chartered Accountant	37,750 PHP
Chief Accountant	34,375 PHP
Controller	93,292 PHP
Corporate Treasurers	46,333 PHP
Cost Analyst	23,500 PHP
Credit And Collection Staff	19,350 PHP
Credit and Loans Officers	29,100 PHP
Finance Executive	165,000 PHP
Finance President	159,500 PHP
Financial Accountant	36,533 PHP
Financial Adviser	14,300 PHP
Financial Analyst	38,266 PHP
Financial Applications Specialist	20,000 PHP
Financial Assistant	16,350 PHP
Financial Controller	85,000 PHP
Financial Dealer and Broker	133,583 PHP
Financial Director	270,000 PHP
Financial Manager	67,817 PHP
Fund Accountant	40,794 PHP
Internal Control Officer	61,000 PHP
Investment Analyst	108,333 PHP
Investment Operations Manager	40,000 PHP
Junior Staff Accountant	15,063 PHP
Management Accountant	40,000 PHP
Payroll Administrator	28,000 PHP
Payroll Clerks	14,400 PHP
Payroll Manager	27,750 PHP
Payroll Supervisor	30,000 PHP
Private Equity Analyst	108,333 PHP
Regional Financial Controller	130,000 PHP
Risk Management Supervisor	55,500 PHP
Senior Accountant	44,900 PHP
Senior Associate	35,667 PHP
Tax Advisor	24,000 PHP
Tax Manager	49,000 PHP

Accounting and Finance Jobs Salary Distribution in Philippines

25% of people earn
17,202 PHP
or less

50% of people earn
25,000 PHP
or less

75% of people earn
45,000 PHP
or less

Minimum
2,500 PHP

Median
25,000 PHP

Maximum
440,000 PHP

Abount These Figures: Salary Range, Median and Percentiles

The Accounting and Finance salaries in Philippines range between 2,500 PHP per month (minimum salary) to 440,000 PHP per month (maximum salary).

The median salary is 25,000 PHP per month, which means that half (50%) of people working in Accounting and Finance are earning less than 25,000 PHP while the other half are earning more than 25,000 PHP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Accounting and Finance are earning less than 17,202 PHP while 75% of them are earning more than 17,202 PHP. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 45,000 PHP while 25% are earning more than 45,000 PHP.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Accounting and Finance Salary Forecast and Trend in Philippines

How do Accounting and Finance salaries change over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2016	=	35,619 PHP
Average Salary 2017	+3%	36,617 PHP
Average Salary 2018	+3%	37,642 PHP
Average Salary 2019	+3%	38,696 PHP

Percentage increase and decrease are relative to the previous value

Accounting and Finance salaries in Philippines are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Accounting and Finance Hourly Average Wage in Philippines

198 PHP per hour

Average Hourly Wage

The average hourly wage (pay per hour) in Philippines for Accounting and Finance is 198 PHP. This means that the average person in Philippines earns approximatly 198 PHP for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Salary Comparison of Accounting and Finance Jobs in Philippines

38,696 PHP

45,414 PHP

Average Salary
Accounting and Finance

Average Salary
All Jobs

We compared Philippines salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 15% less than those of All Jobs.

Salary Comparison By City

City	Average Salary

Cagayan de Oro	31,483 PHP
Cebu	39,640 PHP
Dasmarinas	65,333 PHP
Davao	14,250 PHP
Makati	53,215 PHP
Manila	29,345 PHP
Paranaque	48,692 PHP
Pasig	46,770 PHP
Quezon City	30,766 PHP
Taguig	36,075 PHP

Philippines»All Jobs»Accounting and Finance

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