Accounting Associate

Axis Meg Petroleum Corporation; Laguna; On-site; PHP 279,000 - 391,000; Full time

Job summary

Axis Meg Petroleum Corporation in Laguna, Philippines is seeking an Accounting Associate to maintain financial records, record journal entries, vouchers, and supporting documents. The role also handles accounts payable/receivable, bank reconciliations, and financial reporting.

In addition, the position ensures compliance with policies and government regulations, assists with audits, and coordinates with other departments for financial data and reimbursements.

Responsibilities

• Maintain accurate and up-to-date financial records in the accounting system.
• Record journal entries, reconcile accounts, and ensure proper documentation of all transactions.
• Prepare and process vouchers, invoices, receipts, and other accounting documents.
• Monitor and process supplier invoices and payments in a timely manner.
• Prepare billing statements and follow up on outstanding receivables.
• Reconcile vendor accounts and resolve billing discrepancies.
• Prepare and reconcile monthly bank statements and company accounts.
• Investigate and resolve discrepancies in financial records.
• Assist in preparing financial statements, balance sheets, income statements, and other management reports.
• Provide support in budget preparation, expense monitoring, and variance analysis.
• Ensure compliance with accounting principles, company policies, and government regulations.
• Maintain organized records for audit and taxation purposes.
• Assist with filing of BIR returns, SSS, PhilHealth, and Pag-IBIG remittances.
• Coordinate and prepare necessary documents for internal and external audits.
• Address auditors’ queries and provide required schedules and supporting documents.
• Support the Accounting Department in day-to-day administrative and clerical functions.
• Coordinate with other departments for financial data, reimbursements, and reports.
• Perform other related tasks as may be assigned by the Accounting Supervisor or Finance Manager.

Job description

Job description:

Accounting Associate – Job Duties and Responsibilities

1. Financial Recordkeeping

• Maintain accurate and up-to-date financial records in the accounting system.




• Record journal entries, reconcile accounts, and ensure proper documentation of all transactions.




• Prepare and process vouchers, invoices, receipts, and other accounting documents.

2. Accounts Payable and Receivable

• Monitor and process supplier invoices and payments in a timely manner.




• Prepare billing statements and follow up on outstanding receivables.




• Reconcile vendor accounts and resolve billing discrepancies.

3. Bank and Account Reconciliation

• Prepare and reconcile monthly bank statements and company accounts.




• Investigate and resolve discrepancies in financial records.

4. Financial Reporting and Analysis

• Assist in preparing financial statements, balance sheets, income statements, and other management reports.




• Provide support in budget preparation, expense monitoring, and variance analysis.

5. Compliance and Documentation

• Ensure compliance with accounting principles, company policies, and government regulations.




• Maintain organized records for audit and taxation purposes.




• Assist with filing of BIR returns, SSS, PhilHealth, and Pag-IBIG remittances.

6. Audit Support

• Coordinate and prepare necessary documents for internal and external audits.




• Address auditors’ queries and provide required schedules and supporting documents.

7. Administrative and Coordination Tasks

• Support the Accounting Department in day-to-day administrative and clerical functions.




• Coordinate with other departments for financial data, reimbursements, and reports.




• Perform other related tasks as may be assigned by the Accounting Supervisor or Finance Manager.