Accounting and Compliance Officer

GM Education Inc.; Taguig; On-site; PHP 400,000 - 700,000; Full time

Job summary

GM Education Inc. in Taguig is seeking an Accounting and Compliance Officer to deliver comprehensive accounting and finance services, including record management, reporting, budgeting, AR/AP management, payroll verification, and government compliance.

The role involves bank reconciliations, audit preparation, process improvements, and staff mentorship. The position requires overseeing branch financial handling, conducting on-site branch visits several days weekly, and ensuring timely regulatory

Qualifications

• Experience in payroll verification and government compliance processes.
• Proficiency in bank reconciliation and audit preparation.
• Ability to train, mentor, and oversee accounting staff.
• Capable of conducting branch visits and documenting findings.

Responsibilities

• Maintain accurate and updated financial records, books, ledgers, and supporting documents
• Record financial transactions including receipts, disbursements, and journal entries
• Prepare monthly, quarterly, and annual financial statements and management reports
• Check, supervise, and consolidate Monthly Sales Reports of all branches
• Analyze financial data to identify trends, variances, risks, and opportunities
• Assist in preparing branch and company-wide budgets and track and monitor expenses to ensure adherence to approved budgets
• Track collections and follow up on outstanding receivables
• Process supplier payments, reimbursements, and liquidations
• Check, verify, and monitor payroll computations for all branches
• Ensure timely filing of BIR reports and other mandatory government requirements
• Monitor bank deposits and online banking transactions and perform monthly bank reconciliations
• Train, mentor, and oversee Accounting Officers on company accounting processes, documentation standards, compliance procedures, and financial workflows
• Conduct three (3) days assigned for branch visits per week to review financial records, verify sales reports, address accounting-related concerns, and ensure timely resolution of discrepancies

Job description

About the role

The Accounting and Compliance Officer shall render Accounting and Finance services to the Company, including financial record management, financial reporting and analysis, budgeting and expense monitoring, accounts receivable and payable management, payroll verification and support, government compliance and processes, bank transactions and reconciliation, audit preparation and support, event and branch financial handling, and financial process improvement.

Key responsibilities

• Maintain accurate and updated financial records, books, ledgers, and supporting documents
• Record financial transactions including receipts, disbursements, and journal entries
• Prepare monthly, quarterly, and annual financial statements and management reports
• Check, supervise, and consolidate Monthly Sales Reports of all branches
• Analyze financial data to identify trends, variances, risks, and opportunities
• Assist in preparing branch and company-wide budgets and track and monitor expenses to ensure adherence to approved budgets
• Track collections and follow up on outstanding receivables
• Process supplier payments, reimbursements, and liquidations
• Check, verify, and monitor payroll computations for all branches
• Ensure timely filing of BIR reports and other mandatory government requirements
• Monitor bank deposits and online banking transactions and perform monthly bank reconciliations
• Train, mentor, and oversee Accounting Officers on company accounting processes, documentation standards, compliance procedures, and financial workflows
• Conduct three (3) days assigned for branch visits per week to review financial records, verify sales reports, address accounting-related concerns, and ensure timely resolution of discrepancies

About you

• Ability to maintain accurate and updated financial records
• Capability to prepare financial statements and management reports
• Experience with payroll verification and government compliance processes
• Proficiency in bank reconciliation and audit preparation
• Ability to train, mentor, and oversee accounting staff
• Capability to conduct branch visits and document findings