Bookkeepers

Outsource bookkeepers to the Philippines: Hire highly-skilled bookkeeping talent in the Philippines for top-level financial data reporting and compliance

 

Looking for additional support to keep your general ledger up to date? Find a bookkeeper in the Philippines to help you focus on your business at a reduced cost.

Bookkeepers maintain and record a complete orderly set of business transactions. These are complex tasks that require focus and are time intensive. If your team gets constantly bogged down by a lack of capacity as they juggle to manage bookkeeping duties in very tight schedules, in the long run, this may lead to employee burnout resulting in poor performance and inherently diminish customer satisfaction as your team fails to maintain service excellence.

Outsourced bookkeeping services to the Philippines offer you an increased capacity to maintain high-quality data processing and reporting for up to 72% less in labor expenses. With a highly proficient talent pool of certified bookkeepers, skilled in the process of real-time financial tracking, and reporting tools, you can quickly grow your team and scale your business at a sustainable pace.

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Bookkeeper Work Experience

Filipino bookkeepers are accounting graduates from Universities and/or Colleges. Most of them have done online bookkeeping for top international firms—including The Big Four—from the US and Australia. Some bookkeepers have also experienced working abroad in their early years and have been exposed to the international level of accounting processes and tools.


Here are the bookkeeper experience levels:


Junior

Fresh graduate to 1 year of relevant work experience with respective training and experience from both local and/or international finance firms and top bookkeeping software and tools.

Skills

• Basic written and verbal communication skills
• Basic bookkeeping skills
• Data entry skills
• Background in accounting, businesses, and finances

 

Responsibilities

• Maintains bookkeeping records and encoding information
• Processes client billing statements and invoices
• Assists other bookkeepers in updating books and balancing accounts

Experienced

1 to 3 years of relevant work experience, proficient in top bookkeeping software and tools and is typically made in charge of more complex responsibilities as well as coaching fresh graduates.

Skills

• Intermediate to advanced knowledge of cloud accounting and bookkeeping software
• High level of organisation, time management and attention to detail

 

Responsibilities

• Reconcile bank and credit card accounts
• Accomplishing full-cycle bookkeeping tasks within set deadlines
• Help clients retrieve reports and records using the company’s cloud accounting tools

Senior

3 to 5 years of relevant work experience, proficient in top bookkeeping software and tools and is typically responsible for training and supervising over fresh graduate and junior bookkeepers.

Skills

• Licensed (CPA or Chartered Accountant)
• In-depth knowledge of international accounting standards and regulations
• Highly proficient in cloud accounting and office software

 

Responsibilities

• Preparing AP/AR reports
• Preparing BAS returns and other financial statements using cloud accounting software
• Manage monthly cashflow, accrual accounting and commissions

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How we Hire and Retain the Best Bookkeeping Talent in the Philippines

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Bookkeeper Responsibilities

So what does a bookkeeper do when they’re based offshore? Just like their onshore counterparts, Filipino bookkeepers are fully qualified and experienced in performing these tasks:

• Establish accounts, post transactions, ensure legal requirements compliance to maintain financial transactions records
• Establish a chart of accounts, define bookkeeping policies and procedures, and develop a system to account for financial transactions.
• Verify, allocate, and post transactions to maintain subsidiary accounts.
• Reconciling entries to balance subsidiary accounts.
• Transferring subsidiary account summaries to maintains the general ledger.
• Prepare trial balance, reconcile entries to balances the general ledger.
• Preserve historical records by filing documents.
• Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
• Study requirements and enforce compliance, file reports, advise management on needed actions to comply with federal, state, and local legal requirements.

Bookkeeping Tools

Filipino bookkeepers are typically proficient in leading accounting and bookkeeping tools such as:

xero accountants Quickbooks Freshbooks accountants myob

Save up to 72% on labour costs when you outsource bookkeepers to the Philippines.

 

Contact us to get your bookkeeper salary estimate and learn more about outsourcing in the Philippines today!