Accounting Associate

NightOwl Consulting; Quezon City; On-site; PHP 279,000 - 446,400; Full time

Benefits offered by this job

Above market salary

HMO on Day 1 for principal and two dependents

Government-mandated benefits

Performance-based Incentives

Quarterly Company Events

1,000 PHP De Minimis

Equipment and software provided

Job summary

A financial services firm is seeking an Accounting Associate to manage accounts payable functions, including processing invoices and payments accurately. The role involves compliance with various laws and regulations while ensuring timely reporting and training of new team members. Candidates should have an Associate's degree in Accounting and proficiency in Microsoft Excel. The position offers a competitive salary along with various benefits, including health insurance from day one and performance-based incentives.

Qualifications

• Associate’s degree in Accounting or equivalent combination of education and experience.
• Advanced proficiency in Microsoft Excel including Outlook and Word.
• 1 to 3 years of experience in Accounts Payable with mortgage industry exposure preferred.

Responsibilities

• Process payment of invoices and other pay requests accurately and timely.
• Participate in the complete accounts payable cycle including vendor setup and invoice processing.
• Ensure compliance with federal, state, and local laws in accounting practices.

Skills

Advanced proficiency in Microsoft Excel

Working knowledge of Microsoft Office applications

1 to 3 years of experience in Accounts Payable

Experience with Accounts Payable software

Education

Associate’s degree in Accounting

Job description

Accounting Associate

Department: Operations

Employment Type: Full Time

Location: Client

Compensation: ₱25,000 - ₱40,000 / month

Description

The Accounts Payable Specialist II performs a variety of accounts payable and clerical functions in order to process the payment of invoices and other pay requests in a timely and accurate manner. This position assists with month-end closing processes and reporting, and helps train new Accounts Payable Team Members.

Key Responsibilities

Measurement: All outstanding payment requests are processed within established department deadlines and in compliance with company and department policies.

Measurement: Maintain a low rate of questioned items resulting from secondary reviews by the Accounts Payable Supervisor, Controller, and EVP of Finance.

Measurement: Positive feedback and minimal complaints or concerns from Team Members and Managers.

• Participate in the full accounts payable cycle, including setting up new vendors; processing vendor invoices, employee reimbursements, and all other pay requests; weekly production of checks; monitoring the status of vendor statements; maintaining vendor records; and responding to inquiries in a timely manner.
• Ensure compliance with all federal, state, and local laws; regulatory and tax laws; Taxpayer Identification Number matching; Office of Foreign Assets Control (OFAC) checking; and vendor 1099 processes, as well as company policies, procedures, and regulations.
• Process all approved invoices and payment requests including, but not limited to, facility rents, appraisal payments, borrower refunds, and/or Team Member reimbursements.
• Research questioned items and transactions as requested and prepare any adjusting entries necessary to correct expense accounts.
• Perform complex journal entries including month-end and year-end accruals and account reconciliations.
• Record entry of, verify documentation for, and distribute petty cash.
• Identify and ensure outstanding obligations are credited upon payment. Identify discount opportunities. Issue purchase order amendments or stop-payment orders as needed.
• Compile statistical, financial, accounting, and auditing reports and tables pertaining to matters including, but not limited to, cash receipts, expenditures, and other accounts payable transactions.
• Assist with annual 1099 reporting.
• Assist with training Accounts Payable Team Members.

Skills, Knowledge and Expertise

• Associate’s degree in Accounting or an equivalent combination of education and experience.
• Advanced proficiency in Microsoft Excel, with working knowledge of other Microsoft Office applications including, but not limited to, Outlook and Word.
• 1 to 3 years of experience in Accounts Payable, preferably with exposure to the mortgage industry.
• Experience with Accounts Payable software preferred.

Benefits

• Above market salary
• HMO on Day 1 for principal and two dependents
• Government-mandated benefits
• Performance-based Incentives
• Quarterly Company Events
• 1,000 PHP De Minimis
• Equipment and software provided