ACCOUNTING ASSOCIATE

Bank of the Philippine Islands (BPI); Manila; On-site; PHP 335,000 - 558,000; Full time

Job summary

The Bank of the Philippine Islands (BPI) seeks an Accounting Associate to maintain accuracy and completeness of the books, file tax remittances, and ensure compliance with BIR requirements, with reports to management and regulators.

Key tasks include preparing entries for UCAG-BKD, computing monthly taxes for banks, filing via EFPS and E-BIR, submitting documents to BIR/SEC/Makati LGU, coordinating with external auditors, and keeping GL/SL balances updated. The position is based near Makati.

Qualifications

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

Responsibilities

• Prepare accounting entries for UCAG-BKD transactions.
• Compute Monthly Income Taxes and Gross Receipts Taxes for Banks.
• Regular tax filings and remittances via EFPS, E-BIR Facility and other modes.
• Submit reports to BIR, SEC and local government units (Makati LGU).
• Coordinate with external auditors and submission of schedules.
• Update GL and SL balances for UCAG accounts and monthly proofs.

Skills

Accounting process

Tax computations

BIR regulations

Accounts reconciliation

Education

Bachelor's degree in accountancy or management accounting

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 or management accounting
• 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