ACCOUNTING ASSOCIATE

About the role

The Accounting Associate – Fixed Asset & General Ledger supports the company's general ledger, financial reporting, and fixed asset accounting processes. The role is responsible for maintaining accurate financial records, preparing reconciliations and reports, monitoring fixed assets, recording depreciation and other accounting transactions, and providing accounting support to the Head Office and branches.

Key responsibilities

• Process fixed asset requests from branches and the Head Office, follow up on approvals, and create Purchase Orders for new fixed asset purchases.
• Record fixed assets accurately in the EBT system, tag assets, and update the monitoring file before release.
• Maintain and update the fixed asset lapsing schedule and depreciation records, and record monthly depreciation expenses.
• Conduct regular physical fixed asset counts and monitor asset movements and accountability.
• Record asset disposals in the EBT system, update the fixed asset monitoring file, and sign clearance forms related to fixed asset turnover.
• Issue Incident Reports for damaged fixed assets and facilitate the issuance of Asset Transfer Documents as applicable.
• Update and reconcile the Balance Sheet Account Reconciliation related to fixed assets.
• Prepare daily and monthly sales reports and reconciliations, and generate sales data for management reviews and performance analysis.
• Prepare monthly bank reconciliations, record bank transactions and interest income, and maintain accurate cash-in-bank schedules.
• Compute and record sales and audit incentives, prepare bank upload files, and ensure accurate documentation.
• Prepare branch income statements, ROAS reports, and assigned account reconciliations.
• Verify payments including bank transfers and check payments, and assist in processing sales adjustments and cancellations.
• Ensure accurate and timely completion of accounting reports, reconciliations, and financial schedules, and escalate discrepancies promptly.

About you

• Bachelor's degree in Accountancy, Accounting Technology, or a related accounting course.
• 1–3 years of relevant experience in general ledger, financial reporting, fixed asset accounting, or related accounting processes.
• Good understanding of Philippine Financial Reporting Standards (PFRS).
• Knowledge of general ledger accounting, bank reconciliation, financial reporting, fixed asset accounting, depreciation, and account reconciliation.
• Proficient in Microsoft Excel and other Microsoft Office applications.
• Strong analytical and reconciliation skills.
• Good written and verbal communication skills.
• Highly detail-oriented and organized.
• Accurate and systematic in handling financial records and company assets.
• Demonstrates a strong sense of urgency and ability to meet deadlines.

Benefits

• HMO coverage provided by the company.
• Semi-annual salary increase, subject to company performance, employee performance, and company policies.
• Weekly gym and yoga sessions for employees.
• Other company benefits and incentives may apply based on company policy.