Accounting Manager

About Lifesports Inc.:

Lifesports Inc. was established with a clear purpose: to promote sports, wellness, and a healthy lifestyle. We aim to elevate the standard of sporting goods products in the industry while delivering world-class customer service.

With over 70 years of experience, Lifesports Inc. has become one of the leading names in bringing sporting goods brands to the country. We constantly adapt to the market by leveraging new technologies in our products and finding ways to reach more people across geographies.

Working with Lifesports Inc. means getting to know the company's number one driving force: our people. We love to unlock our employees' potential, never settling for what you already know. If you're someone who shares the same "can-do" attitude, respect for others, dedication, and passion for excellence, this opportunity could be a great fit for you!

Job Summary:

The Finance and Accounting Manager leads the Accounting Department, overseeing financial reporting, AP/AR, tax compliance, reconciliations, payroll monitoring, internal controls, and BIR requirements to ensure accurate and efficient financial operations.

Qualifications:

• Bachelor’s Degree in Finance, Accountancy, Banking, or related field
• Certified Public Accountant (CPA) is required
• At least 5 years of experience managing an accounting team
• Extensive experience handling Accounts Payable (AP), Accounts Receivable (AR), Financial Reporting, and BIR Tax Compliance
• Strong knowledge of Philippine tax regulations and BIR reporting requirements
• Advanced Microsoft Excel skills
• Experience with MYOB or other ERP accounting systems is an advantage
• Strong written and verbal communication skills in English
• Detail-oriented with a strong commitment to accuracy and data integrity
• Ability to work under pressure with minimal supervision
• Demonstrates honesty, discretion, and professionalism
• Experience in company operations or corporate accounting preferred (not purely audit background)
• Experience in the consumer goods industry is an advantage

Duties and Responsibilities:

Financial Management & Reporting

• Maintain the general ledger, trial balance, and prepare necessary adjusting entries
• Prepare Profit & Loss statements and Balance Sheet reports quarterly
• Prepare cash flow reports and financial analysis to support management decision-making
• Ensure the accuracy and completeness of all financial records
• Prepare budget forecasts and financial projections

Accounts Payable & Receivable Oversight

• Supervise and review Accounts Payable and Accounts Receivable transactions
• Verify check vouchers and payment processing
• Ensure all payments and collections are properly recorded based on bank statements
• Review sales records and monitor output tax reporting
• Review purchases and monitor input tax records

Banking & Reconciliation

• Perform bank statement review and reconciliation
• Monitor company bank loans, promissory notes, and other bank transactions
• Maintain records of vouchers and check issuances

Tax Compliance & Government Reporting

• Ensure compliance with BIR regulations and reporting requirements
• Handle preparation and filing of:
• VAT Returns
• Withholding Tax Returns
• Expanded Withholding Taxes
• Corporate Income Tax Returns
• Annual Information Returns
• Prepare and manage BIR Forms 1601E/C, 1702Q, 2550M/Q, 1604E, 2316, 0605, Alpha Lists, and VAT Relief
• Prepare Annual Financial Statements, Income Tax Returns (ITR), General Information Sheet (GIS), and Business Permits
• Maintain and update the company Book of Accounts

Payroll & Government Contributions Monitoring

• Review payroll computations prepared based on attendance records
• Verify summaries of SSS, Pag-IBIG, and PhilHealth contributions and loan remittances
• Review timekeeping records and payroll documentation

Department Leadership & Internal Controls

• Supervise and manage the Accounting Department
• Develop and improve internal controls, accounting processes, and financial policies
• Ensure proper documentation, filing, and record-keeping
• Maintain and safeguard all accounting and BIR-related documents
• Provide regular financial reports to management

Operational Support

• Monitor travel expense reports and commission computations for the sales team
• Track rental payments and company expenses
• Assist in improving financial systems and operational efficiency
• Perform accounting tasks in the absence of accounting staff when necessary
• Perform other duties assigned by management

Benefits and Perks:

• Government-Mandated Benefits: SSS, PhilHealth, and Pag-IBIG
• 13th Month Pay
• Paid Leave Credits: 5 Sick Leave and 5 Vacation Leave per year
• Perfect Attendance Incentive: Up to ₱5,000
• Regularization Bonus
• Free Parking
• Employee Discounts: Up to 30% off
• HMO Coverage: Available after 1 year of service
• Accident Insurance: Subject to approval
• Competitive Salary Package
• Career Growth & Promotion Opportunities

Work Schedule:

• Monday - Friday: 9:00 AM - 7:00 PM
• 48 Hours per week (Compressed work schedule)

Company Location:

• 2nd floor, 3270-D Armstrong Ave., Merville Access Rd. Brgy. 201, Pasay City (blue building beside Total gas station)
• PIN Location: Lifesports Incorporated