Accounting Analyst

Bebang Enterprise Inc.; Taguig; On-site; PHP 334,800 - 446,400; Full time

Job summary

A leading company in the Philippines is seeking an Accounts Receivable professional to manage customer invoicing and financial transactions. The ideal candidate will have a Bachelor's degree in Accountancy or Finance, with at least one year of related experience in accounts receivable, payables, and inventory accounting. Additional experience in the fast-paced F&B or retail industry is preferable. Key responsibilities include preparation of financial reports, reconciliation tasks, and ensuring compliance with Philippine regulations. A collaborative team player with strong analytical skills is essential.

Qualifications

• At least 1 year of relevant work experience in AR, AP, inventory & cost accounting, cash, general accounting, and reporting.
• Experience in the F&B, retail, or fast-paced industry is an advantage.
• Knowledge of Philippine taxation, statutory reporting, and BIR compliance preferred.

Responsibilities

• Prepare and issue customer invoices on a timely basis.
• Verify the accuracy of supplier invoices.
• Record and monitor inventory transactions.
• Reconcile bank statements with company records.
• Assist in the preparation of financial statements.
• Generate management reports for decision-making.

Skills

Attention to detail

Analytical skills

Organizational skills

Time-management skills

Communication skills

Teamwork

Education

Bachelor’s degree in Accountancy, Finance, or related field

Tools

Google Workspace

Accounting software/ERP systems

Job description

Accounts Receivable (AR)

• Prepare and issue accurate customer invoices on a timely basis.

• Record daily sales, collections, and deposits from various channels (store sales, delivery apps, online payments, etc.).

• Monitor overdue accounts, follow up on collections, and coordinate with operations or sales for resolution.

• Perform monthly reconciliations of AR balances with customer ledgers.

Accounts Payable (AP)

• Verify the accuracy of supplier invoices against purchase orders, delivery receipts, and contracts.

• Process payments to vendors within agreed credit terms and ensure compliance with approval matrix.

• Maintain updated supplier records and track payment schedules.

• Reconcile AP balances with supplier statements to resolve discrepancies.

Inventory & Cost Accounting

• Record and monitor inventory transactions, including receipts, transfers, spoilages, and wastages.

• Conduct periodic inventory counts (spot checks and monthly/quarterly physical counts) and reconcile with system records.

• Track cost of goods sold (COGS) and ensure proper costing of raw materials, packaging, and finished goods.

• Prepare variance analyses between standard cost and actual cost to support pricing and profitability reviews.

• Support pricing decisions and cost-saving initiatives

• Maintain cost standards and BOM accuracy

• Ensure accurate valuation and reporting of inventory

• Perform Month, Quarter and Year-end Inventory Count

Cash & General Accounting

• Handle petty cash fund reimbursements and monitor proper liquidation of advances.

• Ensure timely and accurate recording of cash transactions, including deposits, withdrawals, and transfers.

• Reconcile bank statements with company records on a monthly basis.

• Prepare and post journal entries for various financial transactions; reconcile general ledger accounts and resolve discrepancies

• Assist in month-end, quarter-end, and year-end closing procedures

• Analyze financial data and generate reports for management

• Monitor accruals, prepayments, and other adjusting entries

Financial Reporting

• Assist in the preparation of monthly, quarterly, and annual financial statements (Balance Sheet, Income Statement, Cash Flow Statement).

• Ensure reports are compliant with Philippine Financial Reporting Standards (PFRS).

• Support the Accounting Manager in consolidating reports for group-level reporting when needed.

Managerial Reporting

• Generate management reports such as budget vs. actual performance, variance analysis, and profitability by store or product line.

• Provide cost and expense trend analyses to aid decision-making.

• Collaborate with operations, supply chain, and finance teams to provide accurate financial insights.

Compliance

• Ensure proper documentation and safekeeping of accounting records for audit readiness.

• Support compliance with statutory requirements (BIR returns, SSS, PhilHealth, Pag-IBIG reporting, and other government regulations).

• Maintain adherence to company internal controls and accounting policies.

Audit Support

• Prepare schedules, reconciliations, and supporting documentation required for internal and external audits.

• Address audit queries promptly and implement recommendations as necessary.

Continuous Improvement

• Identify opportunities to streamline accounting processes and reduce manual work.

• Recommend improvements in internal controls and reporting accuracy.

• Assist in system implementation or upgrades (e.g., ERP or accounting software).

Qualifications

• Bachelor’s degree in Accountancy, Finance, or related field.

• At least 1 year of relevant work experience in AR, AP, inventory & cost accounting, cash, general accounting, and reporting.

• Experience in the F&B, retail, or fast-paced industry is an advantage.

• Knowledge of Philippine taxation, statutory reporting, and BIR compliance preferred.

• Proficient in Google Workspace (Sheets)l; familiarity with accounting software/ERP systems is a plus.

• Strong analytical, organizational, and time-management skills.

• High attention to detail, accuracy, and ability to meet tight deadlines.

• Team player with good communication and interpersonal skills.