Accounting Associate

Our Clients; Quezon City; On-site; PHP 300,000 - 420,000; Full time

Job summary

Our Clients is seeking an Associate - Accounting to support day-to-day accounting operations, ensuring accurate journal entries, reconciliations, and financial reporting. The role emphasizes compliance with GAAP/IFRS and internal controls, delivering reliable financial information.

The successful candidate will contribute to month-end close, collaborate with cross-functional teams, and participate in process improvements while maintaining audit-ready documentation.

Qualifications

• Bachelor's degree in accounting or related field required or equivalent.
• 1–3 years of general accounting experience preferred; fresh graduates encouraged.
• Experience recording journal entries, reconciliations, and financial reporting is expected.
• ERP experience (NetSuite a plus) is an advantage.
• Experience supporting U.S. healthcare or shared services is preferred but not required.

Responsibilities

• Prepare and post routine journal entries, including accruals and adjustments.
• Record and maintain supporting documentation for financial transactions.
• Perform account reconciliations for balance sheet and income statement accounts.
• Assist in month-end and year-end close activities and financial reporting.
• Support internal controls, compliance, and audit readiness.
• Coordinate with other departments to resolve accounting issues.
• Assist in process improvements to enhance efficiency and accuracy.

Skills

General accounting

GAAP/IFRS knowledge

Excel

Attention to detail

Communication

Time management

Problem solving

Teamwork

Education

Bachelor's degree in Accountancy, Accounting Technology, Finance, or related field

Tools

NetSuite

Job description

The Associate - Accounting is responsible for supporting day-to-day accounting operations by accurately recording financial transactions, maintaining financial records, preparing journal entries, performing account reconciliations, and assisting with financial reporting. This role ensures compliance with accounting standards, internal controls, and company policies while contributing to the accuracy and integrity of financial information.

Key Responsibilities

General Accounting

• Prepare and post routine journal entries, including accruals, adjustments, and expense entries.
• Record financial transactions accurately and maintain complete supporting documentation.
• Verify the accuracy, completeness, and proper classification of accounting entries.
• Assist in identifying and correcting posting discrepancies.

General Ledger Management

• Maintain assigned general ledger accounts.
• Ensure transactions are accurately recorded and properly coded.
• Support month-end and year-end closing activities.
• Organize and maintain accounting records and documentation.

Account Reconciliation

• Perform reconciliations for assigned balance sheet and income statement accounts.
• Reconcile cash, advances, prepaid expenses, and other assigned accounts.
• Investigate and elevate reconciling items when necessary.
• Maintain complete supporting schedules for audit purposes.

Financial Reporting

• Assist in preparing monthly, quarterly, and annual financial reports.
• Compile financial data and validate report accuracy.
• Support reporting deadlines by ensuring timely completion of assigned tasks.
• Prepare schedules and documentation required for financial reporting.

Compliance and Internal Controls

• Follow established accounting policies, procedures, and internal controls.
• Ensure accounting documentation is complete, organized, and audit-ready.
• Support compliance with applicable accounting standards (GAAP, IFRS, or local accounting regulations).
• Maintain confidentiality of financial information.

Audit Support

• Prepare documents and schedules requested during internal and external audits.
• Assist auditors by providing supporting documentation and explanations for assigned accounts.
• Maintain organized accounting files for audit readiness.

Cross-Functional Coordination

• Coordinate with Accounts Payable, Accounts Receivable, Treasury, Payroll, and other departments to resolve accounting-related issues.
• Verify transaction details and support timely issue resolution.
• Maintain effective communication with internal stakeholders.

Process Improvement

• Execute accounting activities following standard operating procedures (SOPs).
• Participate in process improvement initiatives.
• Recommend opportunities to improve efficiency, accuracy, and internal controls.

Qualifications

Education

• Bachelor's degree in Accountancy, Accounting Technology, Finance, or a related field.

Experience

• 1-3 years of experience in General Accounting or a related accounting function.
• Fresh graduates with strong accounting knowledge are encouraged to apply.
• Experience with journal entries, reconciliations, financial reporting, and general ledger accounting.
• Experience using ERP or accounting systems is an advantage.
• Experience supporting U.S. healthcare or shared services organizations is preferred but not required.

Required Skills

• Knowledge of general accounting principles and financial reporting.
• Basic understanding of GAAP, IFRS, or local accounting standards.
• Proficiency in Microsoft Excel and Microsoft Office applications.
• Experience with ERP systems (NetSuite experience is an advantage).
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Good organizational and time management skills.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively within a team.
• Ability to prioritize multiple tasks and meet deadlines.
• Strong commitment to confidentiality and professional ethics.