Lead Accountant
Full time
through Diversify Offshore Staffing Solutions, Inc. in
Taguig, Philippines
Job highlights
Posted on September 18, 2017- Professional background in
- Job level Junior/Entry Level
-
Pays salary of
PHP 35,000 - PHP 50,000 /month
(Fixed Salary)
Job details
POSITION OVERVIEW
The position is responsible for the end-to-end Finance and Accounting process. The role will also be responsible for developing and maintaining financial and accounting systems, which may include financial forecasting; auditing; checking and improving accounting procedures; produce reports and budget plans.
GENERAL RESPONSIBILITIES
- Responsible for all accounting activities including daily accounting transactions, payments, book closing and ensure controls on correctness and accuracy
- Prepare financial statements and management reports (monthly/quarterly/annually) including charts/graphs showing company's progress, conditions and results in accordance with generally accepted accounting principles
- Perform Treasury Functions - Cash Forecasting and Funding, and Foreign exchange analysis
- Liase and build relationship with banks, suppliers, and government agencies (BIR, PEZA, SEC, SSS, PHILHEALTH, HDMF, City Office), and all departments of the company
- Prepare and submit periodic reports and returns required by BIR, PEZA, SEC, SSS, PHILHEALTH, HDMF, City Office
- Process payroll for employees, validate payroll liabilities (salaries payable; SSS; PhilHealth and Pag-Ibig contributions and withholding tax), Generate payroll information for timely month-end and yearend reporting (SSS, PagIbig and PhilHealth deductions, withholding tax, BIR form 2316, etc.) Tax Annualization on Compensation; Printing of form 2316 and distribution to all employees
- Handle employee advances, liquidations, and reimbursements
- Organize, file, and protect all accounting and finance documents including original registrations and licenses
- Perform Monthly and Year end book closing. Prepare, maintain, and review schedule of Accounts
- Review and interpret business performance and operating results against short-term and long-term budgets and targets, and make specific recommendations on cost-reduction and profit-improvement
- Interface with internal and external auditors as necessary, in all Manila payroll, tax compliance, SOX, local accounting standards and other Administrative matters
KEY POSITION RESPONSIBILITIES
Accounts Payable
- Preparing balance sheet reconciliations
- Coding and processing of purchase requisition and matching of invoices to purchase orders
- Scanning and attaching invoices in accounting system
- Producing weekly and monthly supplier payment proposals
- Maintaining supplier accounts, applying for credit and responding to enquiries
- Processing journals, monthly accruals and prepayments
- Managing the aged supplier listing
- Reconciling supplier statements and resolving differences
Accounts Receivable
- Preparation of invoices and statements to be promptly sent to clients and ensures that gathered data is correct, accurate and reliable
- Assist with enquiries from debtors in relation to money received, as well as the accurate and secure banking of monies
- A/R journal control and reconciliation
- Posts customer payments by recording cash, checks, and credit card transactions
- Posts revenues by verifying and entering transactions form lock box and local deposits
- Updates receivables by totaling unpaid invoices
- Maintains records of invoices, debits, and credits
- Verifies validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers
- Resolves valid or authorized deductions by entering adjusting entries
- Resolves invalid or unauthorized deductions by following pending deductions procedures
- Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department
- Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report
Payroll Processing
- Preparation of journal entries including Sales Journal, Banking Journal, Petty Cash Journals
- Payroll preparation and payroll journals
- Entering new employees into payroll system
- Process weekly payroll
- Application of Vendor Payments
- Processing increases and calculation of back pays; generate reports
- Responsible for payroll administration, payroll management, and payroll reconciliation
- Assist and review all payroll function and ensure that the payroll process is properly and accurately done
POSITION REQUIREMENTS
- University degree required preferably in Accounting, Finance or Commerce
- Certified Public Accountant (CPA) is an advantage
- With 3-5 years Finance and Accounting experience
- Experience in auditing and payroll preparation; government remittances and has strong understanding of local statutory reporting, filing, etc. (BIR, SSS, HDMF, SEC, BOI, PEZA, DOF)
- Extensive knowledge in Accounting Standards (PFRS, IFRS); Australian GAAP and Philippine Taxation
- With extensive background in with all operational and administrative Finance and Accounting duties such as, but is not limited to: budget planning/forecasting, cash flow management, reconciliations, balance sheet analysis, fixed assets, ;
- Excellent analytical skills with strong attention to detail
- Good management and interpersonal skills; approachable, and can deal with matters with integrity, fairness and diplomacy
- Excellent interpersonal and people skills with the ability to liaise with staff and clients at all levels
- Experience working in fast-moving, high-volume working environment/industry
- Demonstrated multi-tasking capability with proven track record in meeting tight deadlines
- Good English verbal and written communication and presentation skills
- Proficient in using MS Office applications with strong MS Excel skills and is tech savvy
- With pleasing personality, positive working attitude, and is customer service-oriented
- Self-starter and able to work independently
- Strong commitment to client service and a flexible can-do attitude that responds to client and business needs
- Patient and flexible in all work duties
- Reliable, trustworthy and ethical; neat, tidy and accurate
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