Celebrating Women in Accounting

As we at Ironwood Strategies celebrate Women's History Month, it is essential to highlight the incredible achievements of women in various fields across the globe, including our very own, offshore team in the Philippines.

In the world of accounting, women in the Philippines have made tremendous advances through their contributions, shaping the industry both locally and globally. Thanks to the rise of offshore accounting practices, women in the Philippines have experienced increased employment opportunities, career growth, and greater financial independence.

Click here for some stories of amazing Filipino women!

Increased Employment Opportunities

The outsourcing of accounting services to the Philippines has led to a significant increase in employment opportunities, particularly for women. The growth of this industry has provided thousands of jobs for women, offering stable careers and competitive salaries compared to local job markets.

Higher Wages & Financial Independence

Offshore accounting positions often come with higher salaries compared to local finance roles. This financial boost has enabled many women to achieve financial independence, support their families, and improve their overall standard of living. By securing well-paying jobs in the global accounting landscape, women have gained the means to lead financially independent lives and contribute significantly to their communities.

Balancing Career & Family

One of the most impactful benefits of offshore accounting for women in the Philippines is the flexibility it provides. Many accounting firms now offer hybrid or fully remote setups, allowing women to balance their professional and family responsibilities. This flexibility has been a game-changer, enabling Filipino women to pursue their careers without compromising their caregiving roles. Women can now take on leadership positions in accounting while managing household responsibilities, breaking down traditional barriers to career success.

Workplace Equity & Leadership Roles

As the offshore accounting industry continues to grow, this industry has made considerable progress in promoting gender equity in the workplace, creating an environment where women can thrive and advance to managerial and executive positions. In fact, the workforce of accountants and auditors in the Philippines is now composed of 59.7% women and 40.3% men, highlighting the increasing representation of women in the field.

Entrepreneurial Opportunities

The rise of offshore accounting practices has also opened doors for entrepreneurial women in the Philippines. Many experienced professionals, having gained a wealth of knowledge in international accounting, have gone on to start their own firms, offering outsourced accounting services to clients around the world. This ambitious spirit not only contributes to the local economy but also inspires future generations of women to pursue careers in accounting and business.

Here are profiles of 8 inspiring female entrepreneurs in the Philippines!

As we at Ironwood Strategies celebrate Women's History Month, let’s honor the achievements of Filipino women in accounting and recognize the vital role they play in shaping the future of the industry. Their contributions serve as an inspiration to us all. 

Let us continue to celebrate these trailblazing women, both in the Philippines and around the world, as they redefine what it means to be a leader in the accounting profession. 

Here’s to the women on our Team, who continue to break barriers, raise standards, and inspire future generations!