Accounting Associate

Job Summary
We are seeking a detail-oriented and analytical Accounting Associate specializing in Payment Reconciliation to join our growing finance team. In this role, you will be responsible for matching, analyzing, and clearing high-volume payment transactions across multiple payment channels, bank accounts, and merchant gateways. You will play a vital role in ensuring financial accuracy, resolving payment discrepancies, maintaining ledger integrity, and supporting monthly reporting close processes.

Key Responsibilities

• Daily & Monthly Reconciliation: Reconcile daily payment transactions, bank accounts, credit card payments, digital wallet settlements, and merchant gateways against general ledger accounts and internal software records.
• Discrepancy Investigation: Identify, investigate, and resolve payment mismatches, unapplied cash, duplicate transactions, chargebacks, short-payments, and bank processing errors.
• Payment Tracking & Posting: Monitor incoming customer payments and ensure accurate and timely posting to Accounts Receivable (A/R) sub-ledgers.
• Exception & Queue Management: Track unresolved reconciliation items in exception logs, collaborate with cross-functional teams (Operations, Billing, Customer Support) to resolve root causes, and track resolutions to completion.
• Month-End Close Support: Assist in month-end financial close by preparing reconciliation schedules, journal entries, and ledger adjustments for fees, chargebacks, and cash clearing accounts.
• Compliance & Controls: Ensure compliance with internal financial controls, standard operating procedures (SOPs), and auditing guidelines.
• Process Improvement: Suggest and support improvements to reconciliation workflows, automation tools, and reporting efficiency.

Qualifications & Requirements

• Education: Bachelor’s or Associate’s degree in Accounting, Finance, Business Administration
• Experience: at least 6 months of direct experience in accounting, cash applications, or financial reconciliation (payment reconciliation experience required).
• Technical Proficiency:
• Proficiency in Microsoft Excel (VLOOKUP/XLOOKUP, Pivot Tables, SUMIFS, logical formulas).
• Hands-on experience with ERP systems such as SAP, advantage
• Familiarity with payment processing platforms and gateways (ex-PayPal, credit card, GCash) is an advantage
• Core Competencies:
• Strong numerical accuracy and extreme attention to detail.
• Solid understanding of GAAP principles, Accounts Receivable, and General Ledger accounting.
• Analytical problem-solving skills to troubleshoot complex reconciliation variances.
• Good written and verbal communication skills for cross-departmental collaboration.

Benefits & Perks

• Additional service allowance after 1 year employment
• HMO coverage
• Sick leave cash conversion
• Flexible time schedule from 8:30 am to 10:00 am

Job Type: Full-time

Pay: Php18,000.00 - Php20,000.00 per month

Benefits:

• Flextime

Ability to commute/relocate:

• National Capital Region: Reliably commute or planning to relocate before starting work (Preferred)

Education:

• Bachelor's (Required)

Work Location: In person