How much money does a person working in Accounting and Finance make in Philippines?
38,199 PHP per month
Average Monthly Salary
A person working in Accounting and Finance in Philippines typically earns around 38,199 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
|Accounting Assistant||16,739 PHP|
|Accounting Clerk||12,467 PHP|
|Accounting Coordinator||20,000 PHP|
|Accounting Manager||47,831 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|
|Chartered Accountant||37,750 PHP|
|Chief Accountant||34,375 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 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|
|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||43,500 PHP|
Accounting and Finance Jobs Salary Distribution in Philippines
25% of people earn
50% of people earn
75% of people earn
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 17,000 PHP while 75% of them are earning more than 17,000 PHP. Also from the diagram, 75% of people working in Accounting and Finance are earning less than 43,350 PHP while 25% are earning more than 43,350 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|| = |
|Average Salary 2017|| +3% |
|Average Salary 2018|| +3% |
|Average Salary 2019|| +3% |
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
196 PHP per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Philippines for Accounting and Finance is 196 PHP. This means that the average person in Philippines earns approximatly 196 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
Accounting and Finance
We compared Philippines salaries for Accounting and Finance and All Jobs and we found that Accounting and Finance salaries are 16% less than those of All Jobs.
Salary Comparison By City
|Cagayan de Oro||31,483 PHP|
|Quezon City||30,766 PHP|