More and more businesses are hiring work-from-home accountants these days. And work from home jobs is no longer exclusive to freelancers and those in the "gig economy."
Work from home accounting jobs that are long-term and full-time employment has also become in demand.
Many accounting practitioners have a dilemma: they will lose their careers if they choose remote work.
But alas, work-from-home accounting jobs allow you to continue your accounting career when you get tired of the traditional office setup. You still get to practice what you've learned in a more flexible work arrangement.
If you're an accountant in the Philippines looking for remote opportunities, this article is for you. We listed work-from-home accounting jobs in this article and recommendations for working from home successfully.
What Do Accountants Do?
An accountant is in charge of maintaining and interpreting financial records. Most accountants oversee various economic activities and the recording of financial transactions.
Accountants offer their expertise and services for individual clients or businesses alike.
A certified public accountant (CPA) is one who passed the CPA exam and meets the licensing requirements of the Philippines. As a result, while all CPAs are accountants, not all accountants are CPAs.
Accounting is a broad term that refers to various job titles and roles within organizations. Public accountants, management accountants, and government accountants are the three main types—each focusing on a different aspect of the profession.
There are a few skills and personality traits that are necessary:
- You must be well-organized.
- You must have a keen eye for detail.
- You must be a hard worker.
- You must be able to manage many projects at the same time.
- You must be trusting and approachable.
Roles and Responsibilities
Although an accountant's daily duties will vary depending on the position level and organization, some of the most common tasks and responsibilities of accountants include:
- Assuring the accuracy and compliance of financial documentation with applicable laws and regulations.
- Important financial reports must be prepared and kept up to date.
- Preparing tax forms and ensuring that taxes are paid on time and correctly.
- Evaluating financial processes to promote best practices, uncover difficulties and develop solutions, and assist organizations in the running more efficiently.
- Providing cost-cutting, revenue-boosting, and profit-maximizing advice.
- Conducting forecasting and risk assessment evaluations.
Top Work from Home Accounting Jobs
Many work-from-home accountants do the majority of their work on a computer, with little need to interact in person with colleagues or clients regularly. It's no wonder why there are many work-from-home accounting jobs, as one can work remotely efficiently.
Below are some of the most in-demand work from home accounting jobs with their hourly rate:
Accountant (PHP 183.52-PHP 542.18 per hour)
An accountant is in charge of all financial tracking and organization for a company. Accountants are usually responsible for the following:
- preparing financial reports for company leaders;
- supervising payroll; and
- managing tax documents.
Certified Public Accountant (PHP 300.00-PHP 2,000 per hour)
A Certified Public Accountant (CPA) is in charge of overseeing the overall financial operation of a business. Many CPAs are responsible for the following tasks:
- maintaining financial records;
- auditing the company's financial documents as needed; and
- ensuring proper tax adherence.
Accounting Clerk (PHP 59.91-PHP 532.86 per hour)
An accounting clerk is in charge of keeping accurate records for the company and assisting the lead accountant. Accounting clerks handle tasks such as:
- entering data into accounting software programs;
- reconciling financial statements; and
- updating financial records.
Payroll Accountant (PHP 109.48 per hour)
A payroll accountant oversees managing a company's payroll. In general, this position entails tasks such as:
- preparing payroll computation and staff payslips;
- ensuring employees are paid; and
- maintaining payroll records.
Property Accountant (PHP 206.00 per hour)
A property accountant is in charge of keeping records for a landlord or a property management company. Most property accountants are responsible for the following tasks:
- recording tenant payments;
- maintaining accurate payment records; and
- creating reports for the landlord or property manager.
Accounting Specialist (PHP 95.00-PHP 1,000 per hour)
Accounting specialists are in charge of ensuring that their organization's financial operations run smoothly. Typical job duties for most accounting specialists include:
- Overseeing all aspects of the company's financial work.
- Processing incoming payments.
- Preparing regular reports for the business's leadership team.
Accounting Manager (PHP 243.85-PHP 782.97 per hour)
An accounting manager is in charge of supervising the accounting department and its employees. Typical job responsibilities include:
- supervising other accounting professionals;
- ensuring adherence to accounting best practices; and
- monitoring the company's financial situation.
Auditor (PHP 81.17 per hour)
An auditor is in charge of providing reasonable assurance that an organization's financial reports are prepared in accordance with generally accepted accounting principles. Auditor's responsibilities typically include:
- examining financial records for accuracy;
- comparing receipts to company records; and
- establishing internal controls as needed.
Financial Analyst (PHP 141.18 per hour)
A financial analyst is in charge of determining an organization's financial planning and analysis. In general, financial analysts:
- create reports based on past performance and future projections,;
- make financial recommendations; and
- collaborate with other organizational financial professionals.
Tips on How to Work from Home Efficiently as an Accountant
Create a dedicated workspace
It would be helpful to your productivity if you'd build a dedicated workspace for yourself at home. If you are speaking with clients or colleagues over the phone about confidential matters frequently, make sure your workplace has a door. (In case your family or roommates are home during your working hours.)
Download necessary productivity tools.
Ensure you have the software you need to connect with your organization set up and installed at home. You may need help from your company's IT department to verify that your accounting software is configured correctly. You also may need to confirm access to all the information you need to execute your job.
Test the tools and technology needed for the job.
Before your first day of work, test your technology to ensure that it will meet your needs. You will also need a secure and reliable internet connection and computer setup. By doing the tests, you're ensuring that everything will go smoothly throughout the day.
Set goals and accountability.
Create an accountability system for yourself and any colleagues you work with or supervise. Maintain regular check-ins. If applicable, review one another's work to ensure that all parties meet their goals and remain focused on their job responsibilities, even when working from home.
Use VirtualStaff.ph to find Work from Home Accounting Jobs
Work from home accounting jobs in the Philippines is increasing in popularity. Getting updates from platforms where remote jobs are available and keeping abreast with the latest standards and requirements can help you find a great accounting job that meets your personal and professional goals.
Are you ready to begin your job quest? VirtualStaff.ph can connect you to thousands of well-paying remote work opportunities and legitimate work-from-home accounting jobs from many reputable companies.
