ACCOUNTANT

S&L Fine Foods; Philippines; On-site; PHP 300,000 - 600,000; Full time

Job summary

S&L Fine Foods, based in the Philippines, seeks a diligent accountant to manage daily transactions, ledger maintenance, journal entries, and regulatory compliance. The role covers accounts payable, accounts receivable, bank reconciliation, and financial reporting to support management decisions.

The candidate will assist with payroll, tax filings, month‑end closures, and audit support, ensuring accuracy and strong internal controls while maintaining meticulous records across departments.

Responsibilities

• Record daily financial transactions accurately and in a timely manner.
• Maintain and update the general ledger and subsidiary ledgers.
• Prepare and post journal entries, including accruals, adjustments, prepayments, depreciation, and other necessary entries.
• Ensure proper classification and documentation of income, expenses, assets, liabilities, and equity transactions.
• Maintain organized and complete accounting records and supporting documents.
• Review accounting transactions for accuracy, completeness, and compliance with company policies.
• Process supplier invoices, bills, and payment requests.
• Verify invoices against purchase orders, receiving documents, contracts, and other supporting documentation.
• Prepare payment vouchers and payment schedules.
• Monitor outstanding payables and ensure payments are made accurately and on time.
• Reconcile supplier statements and investigate discrepancies.
• Maintain accurate records of vendor accounts.
• Prepare and issue customer invoices and billing statements.
• Record customer payments and maintain accurate accounts receivable records.
• Monitor outstanding receivables and follow up on overdue accounts as required.
• Reconcile customer accounts and investigate billing discrepancies.
• Assist with collection activities and provide management with accounts receivable aging reports.
• Perform regular bank reconciliations.
• Reconcile general ledger accounts and subsidiary accounts.
• Investigate and resolve discrepancies, unusual transactions, and unreconciled balances.
• Ensure accounting records agree with bank statements and other financial documentation.
• Maintain proper documentation of all reconciliations.
• Assist in preparing monthly, quarterly, and annual financial statements.
• Prepare financial schedules, management reports, and accounting summaries.
• Provide accurate financial information to management for decision‑making.
• Analyze account balances and investigate significant variances.
• Assist in preparing budgets, forecasts, and financial projections when required.
• Assist with payroll processing and payroll‑related accounting entries.
• Review payroll reports for accuracy.
• Record salaries, benefits, deductions, and other employee‑related expenses.
• Reconcile payroll accounts and coordinate with Human Resources regarding payroll discrepancies.
• Ensure payroll‑related accounting records are properly maintained.
• Assist in preparing and filing required tax returns, schedules, and reports.
• Maintain accurate records and documentation supporting tax filings.
• Monitor applicable accounting, tax, and regulatory requirements.
• Coordinate with external accountants, tax advisors, or auditors when necessary.
• Ensure financial records are maintained in accordance with applicable accounting standards and regulations.
• Assist with monthly, quarterly, and annual closing procedures.
• Prepare adjusting and closing journal entries.
• Review account balances and identify unusual or incorrect entries.
• Prepare supporting schedules for balance sheet and income statement accounts.
• Ensure all required reconciliations and closing activities are completed within established deadlines.
• Provide financial records and supporting documentation during internal and external audits.
• Respond to auditor requests and inquiries.
• Prepare audit schedules and account reconciliations.
• Assist in addressing audit findings and implementing recommended improvements.
• Maintain organized documentation to facilitate efficient audits.
• Follow established accounting policies, procedures, and internal controls.
• Identify potential financial risks, errors, or irregularities and report them to management.
• Recommend improvements to accounting processes and controls.
• Ensure proper authorization and documentation of financial transactions.
• Maintain confidentiality and security of financial information.
• Analyze expenses, revenues, account balances, and financial trends.
• Prepare variance reports comparing actual results against budgets or forecasts.
• Provide accounting information to management as requested.
• Assist management in identifying cost‑saving opportunities and financial risks.
• Support special financial projects and analysis as assigned.

Job description

Key Responsibilities

1. General Accounting

• Record daily financial transactions accurately and in a timely manner.

• Maintain and update the general ledger and subsidiary ledgers.

• Prepare and post journal entries, including accruals, adjustments, prepayments, depreciation, and other necessary entries.

• Ensure proper classification and documentation of income, expenses, assets, liabilities, and equity transactions.

• Maintain organized and complete accounting records and supporting documents.

• Review accounting transactions for accuracy, completeness, and compliance with company policies.

2. Accounts Payable

• Process supplier invoices, bills, and payment requests.

• Verify invoices against purchase orders, receiving documents, contracts, and other supporting documentation.

• Prepare payment vouchers and payment schedules.

• Monitor outstanding payables and ensure payments are made accurately and on time.

• Reconcile supplier statements and investigate discrepancies.

• Maintain accurate records of vendor accounts.

3. Accounts Receivable

• Prepare and issue customer invoices and billing statements.

• Record customer payments and maintain accurate accounts receivable records.

• Monitor outstanding receivables and follow up on overdue accounts as required.

• Reconcile customer accounts and investigate billing discrepancies.

• Assist with collection activities and provide management with accounts receivable aging reports.

4. Bank and Account Reconciliation

• Perform regular bank reconciliations.

• Reconcile general ledger accounts and subsidiary accounts.

• Investigate and resolve discrepancies, unusual transactions, and unreconciled balances.

• Ensure accounting records agree with bank statements and other financial documentation.

• Maintain proper documentation of all reconciliations.

5. Financial Reporting

• Assist in preparing monthly, quarterly, and annual financial statements.

• Prepare financial schedules, management reports, and accounting summaries.

• Provide accurate financial information to management for decision‑making.

• Analyze account balances and investigate significant variances.

• Assist in preparing budgets, forecasts, and financial projections when required.

6. Payroll and Employee‑Related Accounting

• Assist with payroll processing and payroll‑related accounting entries.

• Review payroll reports for accuracy.

• Record salaries, benefits, deductions, and other employee‑related expenses.

• Reconcile payroll accounts and coordinate with Human Resources regarding payroll discrepancies.

• Ensure payroll‑related accounting records are properly maintained.

7. Tax and Regulatory Compliance

• Assist in preparing and filing required tax returns, schedules, and reports.

• Maintain accurate records and documentation supporting tax filings.

• Monitor applicable accounting, tax, and regulatory requirements.

• Coordinate with external accountants, tax advisors, or auditors when necessary.

• Ensure financial records are maintained in accordance with applicable accounting standards and regulations.

8. Month‑End and Year‑End Closing

• Assist with monthly, quarterly, and annual closing procedures.

• Prepare adjusting and closing journal entries.

• Review account balances and identify unusual or incorrect entries.

• Prepare supporting schedules for balance sheet and income statement accounts.

• Ensure all required reconciliations and closing activities are completed within established deadlines.

9. Audit Support

• Provide financial records and supporting documentation during internal and external audits.

• Respond to auditor requests and inquiries.

• Prepare audit schedules and account reconciliations.

• Assist in addressing audit findings and implementing recommended improvements.

• Maintain organized documentation to facilitate efficient audits.

10. Internal Controls

• Follow established accounting policies, procedures, and internal controls.

• Identify potential financial risks, errors, or irregularities and report them to management.

• Recommend improvements to accounting processes and controls.

• Ensure proper authorization and documentation of financial transactions.

• Maintain confidentiality and security of financial information.

11. Financial Analysis and Management Support

• Analyze expenses, revenues, account balances, and financial trends.

• Prepare variance reports comparing actual results against budgets or forecasts.

• Provide accounting information to management as requested.

• Assist management in identifying cost‑saving opportunities and financial risks.

• Support special financial projects and analysis as assigned.