Sample Accounting Roles and Pricing

Philippine accounting specifics and pricing for different role levels

We use the same basic pricing model for every position then just add in incremental salary cost for the higher wage positions.  Thus, no increase in margin for Connext because our costs don’t really change.   The actual amount may vary slightly based on the person’s experience and salary history, but these estimates are close.   The time to find the right candidates and hire them increases with seniority, that is, the AP/AR role is faster and easier to fill.   These numbers are all monthly, as if an exempt employee.  We include everything that someone would need for any client, but not client specific software, phones, etc.  We would send bill rate with candidate packets.  We try to maintain equivalent wage bands by position and also accommodate their expectations.

Broadly, the AP/AR staff is fairly self-explanatory, then the CPAs do most accounting tasks with supervision.  This client started with one person doing AP and it’s taken years to get to this point.  It’s just an easy way to illustrate work being done.  Any client specific information was removed.  

Two notes for Philippine specifics:

First, the big 4 use affiliate firms with different names.  Here is the list.  

• SGV & Co. (SyCip Gorres Velayo & Co.) (affiliate of Ernst & Young)
• Manabat Delgado Amper & Co. (formerly C.L. Manabat & Co.) (affiliate of Deloitte Touche Tohmatsu (DTT))
• Isla Lipana & Co. (formerly Joaquin Cunanan & Co.) (affiliate of PricewaterhouseCoopers)
• Manabat Sanagustin & Co. (formerly Laya Mananghaya & Co.) (affiliate of KPMG)
• BDO Alba Romeo & Co. (Philippine Member Firm of BDO International)

Second, the Bachelor’s of Accountancy is required to become CPA eligible.  It’s common to see a 4 year degree for Bachelors of Science in Accounting Tech and then a fifth year for the accountancy degree.