Top Outsourced Finance and Accounting Jobs

As a hiring manager or finance and accounting head, you’re undoubtedly aware of the challenges associated with finding top talent in your field. The global talent shortage, coupled with the increasing complexity of financial roles, has made it difficult to fill these positions with qualified candidates. 

This is especially true for businesses in the United States, United Kingdom, Australia, and Singapore, where competition for skilled finance and accounting professionals is fierce. That said, the Philippines remains one of the top destinations when it comes to outsourcing finance and accounting services. In this article, we’ll go through the top roles you might need to reach your targets along with the salary comparisons and savings you can yield when you offshore accounting and finance tasks to Filipinos.

What are Accounting Outsourcing Services?

Accounting outsourcing services go beyond bookkeeping and payroll. They give you access to a financial backbone that ensures compliance, accuracy, and scalability without the cost and complexity of building a large in-house team. Instead of just shifting admin work, outsourcing equips you with a system that keeps your finances audit-ready and aligned with growth.

The real advantage lies in resilience and governance. With experts monitoring tax changes, regulatory updates, and reporting standards, you stay compliant across markets without scrambling to catch up. Outsourcing also reduces risk by removing overreliance on a single internal hire, giving you the stability of a structured team and layered review processes.

Another overlooked benefit is scalability. As your business expands into new markets, you don’t need to reinvent your financial operations. An outsourcing partner grows with you, ensuring continuity, efficiency, and compliance wherever you operate.

Most importantly, outsourcing provides decision-ready insights. Not just recorded numbers. With accurate, timely data at your fingertips, you can see trends earlier, manage risks proactively, and make confident financial decisions that drive long-term growth.

Top Outsourced Services in Finance and Accounting

There is a wide range of finance and accounting roles that can be effectively outsourced. Here are some of the most common ones:

Accounts Payable

Philippines Annual Salary:	USD 28,153
United States Annual Salary:	USD 58,500

Accounts Receivable

This includes accounts receivable clerks, specialists, and credit and collections specialists handle invoicing customers, collecting payments, managing customer accounts, and credit and collections management.

Accounts Receivables Specialist Annual Salary in the Philippines

Philippines Annual Salary:	USD 21,789
United States Annual Salary:	USD 58,500

General Ledger Accounting

This includes general ledger accountants, bookkeepers, and financial accountants are responsible for recording and maintaining financial transactions, preparing financial statements, reconciling accounts, and closing the books.

General Accountant Annual Salary in the Philippines

Philippines Annual Salary:	USD 24,335
United States Annual Salary:	USD 78,000

Payroll Processing

This includes payroll administrators, specialists, and coordinators handle calculating and processing employee paychecks, managing payroll taxes, and ensuring compliance with labor regulations.

Payroll Manager Annual Salary in the Philippines

Philippines Annual Salary:	USD 38,335
United States Annual Salary:	USD 78,000

Tax Preparation and Compliance

This includes tax accountants, preparers, and specialists prepare corporate, individual, and sales tax returns and ensure compliance with tax laws and regulations.

Tax Accountant Annual Salary in the Philippines

Philippines Annual Salary:	USD 26,880
United States Annual Salary:	USD 84,500

Financial Reporting

This includes financial analysts, financial reporting analysts, and financial controllers prepare financial reports, such as income statements, balance sheets, and cash flow statements, and analyze financial performance.

Financial Analyst Annual Salary in the Philippines

Philippines Annual Salary:	USD 25,608
United States Annual Salary:	USD 84,500

Budgeting and Forecasting

This includes budget analysts, financial planners, and forecasting analysts develop and manage budgets, forecast revenue and expenses, and engage in financial planning and analysis.

Budget Analyst Annual Salary in the Philippines

Philippines Annual Salary:	USD 24,335
United States Annual Salary:	USD 78,000

Cost Accounting

This includes cost accountants, cost analysts, and cost controllers track and analyze costs and identify cost-saving opportunities.

Cost Accountant Annual Salary in the Philippines

Philippines Annual Salary:	USD 24,335
United States Annual Salary:	USD 78,000

Financial Audits

This includes auditors, internal auditors, and external auditors conduct internal and external audits to ensure compliance with accounting standards.z

Auditor Annual Salary in the Philippines

Philippines Annual Salary:	USD 25,608
United States Annual Salary:	USD 84,500

Treasury Management

This includes reasury analysts, treasury managers, and cash management specialists manage cash flow, invest surplus funds, and manage risk.

Treasury Analyst Annual Salary in the Philippines

Philippines Annual Salary:	USD 24,355
United States Annual Salary:	USD 91,000

Bookkeeping

This includes bookkeepers and accounts clerks record financial transactions and maintain accurate financial records.

Bookkeeper Annual Salary in the Philippines

Philippines Annual Salary:	USD 21,789
United States Annual Salary:	USD 58,500

Financial Analysis

This includes financial analysts, financial planning analysts, and business analysts analyze financial data, identify trends and opportunities, and support strategic decision-making.

Financial Analyst Annual Salary in the Philippines

Philippines Annual Salary:	USD 25,608
United States Annual Salary:	USD 84,500

Cash Flow Management

This includes cash flow analysts, cash management specialists, and treasury analysts monitor cash inflows and outflows and improve cash flow efficiency.

Cash Application Specialist Annual Salary in the Philippines

Philippines Annual Salary:	USD 23,062
United States Annual Salary:	USD 58,500

Revenue Recognition

This includes revenue recognition specialists, revenue accountants, and financial analysts ensure proper revenue recognition in accordance with accounting standards.

Revenue Accountant Annual Salary in the Philippines

Philippines Annual Salary:	USD 23,153
United States Annual Salary:	USD 78,000

Regulatory Compliance

This includes regulatory compliance officers, compliance specialists, and risk management specialists ensure compliance with financial regulations and standards.

Compliance Officer Annual Salary in the Philippines

Philippines Annual Salary:	USD 28,153
United States Annual Salary:	USD 84,500

Financial Consulting

This includes financial consultants, financial advisors, and business consultants provide financial advice and guidance.

Financial Consultant Annual Salary in the Philippines

Philippines Annual Salary:	USD 30,698
United States Annual Salary:	USD 91,000

Mergers and Acquisitions (M&A) Support

This includes M&A analysts, M&A specialists, and valuation analysts assist with financial due diligence and valuing businesses.

Merger and Acquisition Specialist Annual Salary in the Philippines

Philippines Annual Salary:	USD 38,335
United States Annual Salary:	USD 91,000

What are the Benefits of Outsourcing Accounting Services?

Outsourcing isn’t about saving on spreadsheets. It’s about removing bottlenecks and making smarter decisions, faster. Instead of chasing receipts or waiting until month-end, you get daily reconciliations, flagged variances, and clear visibility on cash, margins, and liabilities. That’s more control, not less.

Quality doesn’t drop either. Strong outsourcing setups use layered reviews, audit trails, and standardized close checklists. Revenue isn’t booked on gut feel. It’s tied to contracts and delivery milestones, so when your board or lender asks for proof, you’re ready.

Scaling becomes less worrisome. Whether it’s a seasonal spike, multi-currency accounting, or expanding into new markets, you don’t need to rebuild your team. Processes flex with you, so payroll, tax, and reporting stay consistent wherever you grow.

Continuity is built in. If someone leaves, you don’t start from zero. Cross-trained teams, SOPs, and structured handovers keep the books moving without gaps. Security is tighter too. No single person can create and approve a payment, and exceptions are flagged automatically.

And those common worries? “I’ll lose control.” No. You set the approval rules and reporting cadence. “Our business is too unique.” Processes are tailored during onboarding, then locked into SOPs. “Switching will be painful.” A phased handover ensures it isn’t.

At the end of the day, you get cleaner data, faster closes, fewer missed filings, and decision-ready insights, turning accounting from a back-office task into a growth driver.

Collaborate with Top Outsourced Finance and Accounting Professionals

Outsourcing finance and accounting jobs can be a strategic decision that can help your business save time, money, and resources. By partnering with Penbrothers, you can access a pool of talented professionals who can help you achieve your financial goals.

Contact us today to learn more about how we can help you fill your finance and accounting roles quickly and efficiently.