Cost to Hire Finance and Accounting Staff in the Philippines for Australian Companies

Last Updated: September 10, 2026

Table of Contents

Author: Martin English
Published: May 8, 2026

Hiring finance and accounting staff in the Philippines can help Australian companies access skilled professionals without immediately setting up a Philippine entity.

If you are comparing employment structures, read our guide to hiring employees in the Philippines without setting up a local company.

Quick answer

The total cost of hiring finance and accounting staff may include:

  • Employee salary
  • Employer statutory contributions
  • 13th-month pay
  • Benefits and allowances
  • Equipment and software
  • SOS EOR management fee

The SOS EOR management fee is:

US$190 per employee per month

This is the only SOS EOR rate. It is not a starting price, estimate or price range.

Recruitment and candidate selection are included in the fee. There is no separate recruitment fee.

Salary, employer statutory contributions, 13th-month pay, benefits, allowances, equipment and other employee-specific costs are separate where applicable.

For a full fee explanation, see EOR pricing in the Philippines.

Typical finance and accounting salaries

The following figures are illustrative planning ranges. Actual compensation depends on the role, experience, qualifications, location, working hours and agreed employment package.

Role Illustrative monthly salary
Bookkeeper or accounts officer PHP 25,000 to PHP 65,000
Non-CPA accountant PHP 30,000 to PHP 80,000
CPA or financial accountant PHP 40,000 to PHP 100,000
Financial analyst PHP 40,000 to PHP 110,000
Paraplanner PHP 40,000 to PHP 100,000
Finance manager PHP 80,000 to PHP 160,000

These figures are for initial planning only. Confirm the proposed salary against the specific role, candidate profile and employment package before making an offer.

What does the total cost include?

Cost component Treatment
Employee salary Agreed with the employee and charged separately
Employer statutory contributions Calculated separately under applicable Philippine requirements
13th-month pay Invoiced separately at 1/12 of the employee’s monthly base wage
Benefits and allowances Based on the agreed employment package
Equipment and software Separate where required
SOS EOR management fee US$190 per employee per month
Recruitment and candidate selection Included at no additional fee

The general cost formula is:

Employee salary + employee-specific costs + US$190 SOS EOR management fee

For a more detailed estimate, use the Philippines employee cost calculator.

Example: mid-level accountant

For an employee earning PHP 65,000 per month, the total cost may include:

  • PHP 65,000 employee salary
  • Employer statutory contributions
  • 13th-month pay
  • Benefits and allowances
  • Equipment or software, where required
  • US$190 SOS EOR management fee

Recruitment and candidate selection are included at no additional fee.

The final cost depends on the employee’s salary, statutory obligations, benefits, allowances, equipment and other agreed requirements.

What does the SOS EOR fee include?

The US$190 monthly management fee covers the hiring and employment support required to employ the worker in the Philippines.

This includes:

  • Recruitment and candidate selection
  • Interview coordination
  • Background checks
  • Employment contracts and documentation
  • Employee records
  • Payroll administration
  • Statutory administration
  • 13th-month pay administration
  • Benefits enrolment where applicable
  • HR guidance
  • Employment lifecycle support
  • Human support throughout the engagement

Your company manages the employee’s daily work, priorities, schedules, systems and performance expectations.

SOS manages the local employment relationship and related employment administration.

Which costs are separate?

The following costs are separate from the SOS EOR management fee where applicable:

  • Employee salary
  • Employer statutory contributions
  • 13th-month pay
  • HMO or other benefits
  • Allowances
  • Equipment and software
  • Legally required final pay, severance or other employment obligations

These items should be shown clearly in the employee-specific quote.

Recruitment and candidate selection are included in the SOS EOR fee and should not appear as a separate recruitment charge.

Are there hidden costs?

Under the standard SOS EOR pricing structure, there are:

  • No hidden SOS provider costs
  • No FX markup
  • No onboarding fee
  • No provider termination or exit fee
  • No separate recruitment fee

Employee-specific costs remain separate and should be clearly identified in the quote.

Legally required final pay, severance, accrued benefits or other statutory employment obligations may still apply when employment ends. These are employee-related obligations, not SOS provider termination fees.

What affects the cost of finance staff?

The main factors include:

  • Role complexity
  • Experience and qualifications
  • Australian accounting or financial-services experience
  • Xero, MYOB or QuickBooks experience
  • Working hours and shift requirements
  • Benefits and allowances
  • Equipment and software requirements
  • Statutory employment costs

Companies hiring for compliance-sensitive roles should also review the CPS 230 and offshore team guide for Australian financial services firms.

Is an EOR suitable for Australian companies?

An EOR may suit an Australian company that wants to employ staff in the Philippines without immediately establishing a local entity.

Under the EOR structure:

  • SOS acts as the local legal employer.
  • Your company manages the employee’s daily work.
  • SOS manages employment documentation, payroll, statutory administration and HR support.
  • Human support remains available throughout the employment lifecycle.

Companies moving an existing contractor into employment can also review the contractor-to-employee conversion guide.

How quickly can finance staff be hired?

Existing employees can generally be onboarded as early as five business days once the agreement, employee information, required documents, agreed salary and benefits, approvals and funding are complete.

For new candidates, recruitment is included in the SOS EOR management fee. The timeline depends on the role, candidate availability, interviews, assessments, reference checks, offer acceptance, notice period and required documents.

Frequently Asked Questions

What is the SOS EOR fee?

The SOS EOR management fee is US$190 per employee per month. This is the only SOS EOR rate.

Is US$190 the total monthly cost?

No. US$190 is the EOR management fee only.

Salary, employer statutory contributions, 13th-month pay, benefits, allowances, equipment and other employee-specific costs are separate where applicable.

Is recruitment included?

Yes. Recruitment and candidate selection are included in the SOS EOR management fee. There is no separate recruitment fee.

Are there hidden fees?

No. SOS does not charge hidden provider costs, FX markups, onboarding fees or provider termination or exit fees.

Employee-specific costs remain separate and should be shown clearly in the quote.

Can I hire without setting up a Philippine company?

Yes. An EOR can employ the worker locally in the Philippines while your company manages the employee’s daily work.

How quickly can an existing employee be onboarded?

Existing employees can generally be onboarded as early as five business days once the agreement, employee information, required documents and funding are complete.

Get a clear finance hiring cost

Before requesting a quote, prepare:

  • The role or roles required
  • Expected team size
  • Experience level
  • Proposed salary
  • Working hours
  • Benefits and allowances
  • Equipment requirements
  • Candidate details, if available
  • Expected start date

SOS will show the US$190 EOR management fee separately from salary and other employee-specific costs.

If you are comparing EOR proposals, use the Philippines EOR quote comparison and fee normaliser.

Speak with a Philippines EOR specialist about your finance hiring plan.

ABOUT THE AUTHOR

Martin English is the COO and Co-Founder of Smart Outsourcing Solution. He specialises in Employer of Record services, Philippines-based remote teams and international workforce strategy. With more than 20 years of experience in outsourcing and remote-team operations, Martin helps international companies assess the right workforce structure for hiring in the Philippines. Martin focuses on EOR planning, contractor-to-employee conversion, offshore team development and workforce expansion. He helps clients understand how SOS can act as the Philippine legal employer while the client continues to manage daily work, performance and business priorities. SOS supports the formal employment relationship through contracts, onboarding, payroll, statutory administration, benefits coordination and HR processes.

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