Accounting Associate (General Accounting)

Property Company of Friends, Inc.; Mandaluyong; On-site; PHP 100,000 - 400,000; Full time

Job summary

A leading property management firm in Mandaluyong seeks a General Accounting Specialist to maintain accurate financial records. The role involves general accounting activities, including bank reconciliation and reporting to management. Ideal candidates hold a Bachelor's Degree in Accountancy, have at least one year of accounting experience, and are proficient in spreadsheet applications. Knowledge of Philippine Financial Reporting Standards is preferred.

Qualifications

• At least one year of general accounting experience preferred.
• Familiarity with Philippine Financial Reporting Standards (PFRS) and statutory reporting.
• Must be amenable to report onsite at Tinio Mandaluyong City.

Responsibilities

• Prepare and recommend monthly adjusting journal entries.
• Perform monthly bank reconciliations for major banks.
• Coordinate with relevant departments to correct erroneous entries.

Skills

Knowledge of finance and accounting principles

Financial data analysis

Proficiency in spreadsheet applications

Education

Bachelor’s Degree in Accountancy or related business course

Tools

SAP or other accounting software

Job description

Job Summary

The General Accounting Specialist is responsible for maintaining the financial books of all entities within scope in accordance with accepted accounting principles and standards. This role ensures the accuracy of financial records by reviewing general ledger transactions. The associate regularly performs general accounting activities, including bank reconciliation and month‑end closing adjustments, and assists in financial audits. The Specialist also recommends improvements to the accounting systems and procedures.

Duties and Responsibilities

• Prepare and recommend monthly adjusting journal entries as required by accounting standards or company policy.
• Perform monthly bank reconciliations for major banks.
• Monitor prior month’s reconciling items to ensure they are properly recorded and adjusted in the books and do not delay.
• Coordinate with relevant departments/units to correct any erroneous entries in the books.
• Perform monthly closing of the books and advance account analysis.
• Prepare monthly reports for submission to management, including but not limited to:
• Balance sheet accounts analysis and substantiation.
• Revenue & Cost Reports.
• Income Statement.
• Cash Flow Statement.
• Financial Statements by Profit Center.
• Intercompany report.
• Audit schedules and collaborate closely with auditors to ensure timely completion of the audit.
• Maintain proper filing of all documents related to her tasks.
• Perform other related duties as assigned or requested.
• Stay updated on new accounting standards and propose necessary changes to the corporate financial model/forecast to manage financial and other risks.
• This list outlines key responsibilities but is not exhaustive; other duties may be assigned as needed.

Qualifications

• Bachelor’s Degree in Accountancy or a related business course.
• At least one year of general accounting experience preferred.
• Knowledge of finance, accounting principles, and financial data analysis.
• Proficiency in spreadsheet applications; experience with SAP or other accounting software is a plus.
• Familiarity with Philippine Financial Reporting Standards (PFRS) and statutory reporting.
• Must be amenable to report onsite at Tinio Mandaluyong City.