Accounting Associate

Job Mission / Purpose

Responsible for day-to-day accounting operations by ensuring the timely and accurate issuance of monthly invoices to clients, processing and recording of all daily financial transactions, encompassing disbursements, collections, and fixed asset management.

Key Responsibilities

SALES AND ACCOUNTS RECEIVABLE

• Process and issue monthly sales invoices in accordance with company policy, ensuring accuracy and timely delivery. Develop and maintain a detailed monthly sales summary for reporting purposes.
• Record all incoming collections accurately and prepare corresponding official receipts for issuance to clients.

ACCOUNTS PAYABLE

• Process and record accounts payable transactions, performing a diligent 3-way match of invoices, purchase orders, and receiving reports. Ensure all entries adhere strictly to the established accounting standards and internal business policies.
• Conducts thorough reconciliation and analysis of vendor accounts to guarantee accurate liability balances and adherence to payment due dates. This ensures efficient resolution of all vendor-related inquiries, claims, and potential disputes.
• Execute month-end procedures by meticulously reviewing accounts payable transactions to ensure the complete and accurate recognition of all expenses. Proactively determine and prepare journal entries for accruals, adjustments, and corrections, ensuring their timely submission for ledger posting.

GENERAL LEDGER

• Execute the recording of financial transactions by applying established business rules and internal controls within the financial system. Ensure all entries align with Finance and Accounting standards, contributing to accurate and reliable financial reporting.
• Monitor and accurately amortize prepayments, ensuring the proper recognition of expenses over their respective periods in accordance with accounting standards.
• Prepare monthly schedules and reconciliations to support the accuracy and completeness of financial statements and related disclosures.

ASSET MANAGEMENT

• Prepare and maintain the lapsing schedule for Property, Plant, and Equipment (PPE), ensuring its accuracy and completeness.
• Calculate and process the monthly depreciation expense for all fixed assets, ensuring accuracy and adherence to established accounting standards and policies.

ADMINISTRATIVE

• Maintain an organized and systematic filing system for all assigned physical and electronic documents and records. Ensure efficient and timely retrieval for operational needs and audit purposes.

Pay: Php20,000.00 - Php25,000.00 per month

Benefits:

• Company Christmas gift
• Company events
• Health insurance

Experience:

• Accounting and Finance department: 1 year (Required)

Language:

• Tagalog and English (Preferred)

License/Certification:

• Certified Public Accountant license (Preferred)

Work Location: In person