Accounting Assistant

Bank of the Philippine Islands (BPI); Makati; On-site; PHP 240,000 - 360,000; Full time

Job summary

Bank of the Philippine Islands (BPI) is seeking an Accounting Associate to maintain accurate books, process tax remittances, and ensure compliance with BIR requirements. The role involves preparing UCAG-BKD entries, computing monthly taxes, and managing filings via EFPS and e-Services.

You will submit reports to BIR, SEC, and Makati LGU, coordinate with external auditors, and update GL/SL balances. Bachelor's degree in accountancy and Makati locality are required.

Qualifications

• Bachelor's degree in accountancy.
• Knowledge of complete accounting processes; familiar with tax computations, BIR regulations and accounts reconciliation.
• Must be residing near Makati or willing to be assigned in Makati.

Responsibilities

• Prepare accounting entries for UCAG-BKD transactions.
• Compute Monthly Income Taxes and Gross Receipts Taxes for Banks.
• File and remit Income Taxes, VAT, Withholding Taxes, and Fringe Benefits Taxes via EFPS, E-Filing Facility, E-Submission Facility.
• Submit reports to BIR, SEC and Makati LGU.
• Coordinate with external auditors and submit schedules as required.
• Update GL and SL balances for UCAG accounts and provide Monthly Proof and Verification reports.
• Consolidate and check Creditable Withholding Tax Certificates for valid tax claims.
• Prepare and release Creditable Withholding Tax Certificates from E-Proc transactions.
• Handle accruals for intercompany cost recoveries from subsidiaries.
• Maker activities for eProc requested items.
• Perform other duties as assigned.

Education

Bachelor's degree in accountancy

Job description

The Accounting Associate is responsible to properly maintain accuracy and completeness of the books of accounts of banks, filing/payment of various tax remittances and compliance with BIR current tax requirements, submission of internal reports to management and external reports to regulatory bodies and compliance with the bank policies on bookkeeping and maintenance.

Responsibilities:

• Preparation of accounting entries for UCAG-BKD transactions


• Computation of Monthly Income Taxes and Gross Receipts Taxes for Banks


• Regular tax filings and remittances for the Banks for Income Taxes, Value Added Taxes, Withholding Taxes and Fringe Benefits Taxes via Electronic Filing and Payment System (EFPS), E-BIR Facility, E-Submission Facility and other modes of payment as may be required


• Submission of reports and schedules to the regulatory bodies: Bureau of Internal revenue (BIR), Securities and Exchange Commission (SEC) and Local Government Unit (Makati LGU)


• Coordination with and submission of schedules to the external auditors


• Updates of the GL and SL balances for UCAG accounts and submission of Monthly Proof and Verification Reports


• Consolidation and checking of the Creditable Withholding Tax Certificates for valid claim against Income Tax Due


• Preparation and releasing of Creditable Withholding Tax Certificates from E-Proc transactions


• Handling accruals for intercompany cost recoveries from Subsidiaries


• Maker activities for eProc requested items


• Performs other duties that may be assigned.

Qualifications:

• Bachelor's degree in accountancy


• Knowledge of complete accounting process; familiar with tax computations, BIR regulations and accounts reconciliation


• Must be residing near Makati or is willing to be assigned in Makati