Accounting Manager

Insular Oil Corporation; Quezon City; On-site; PHP 600,000 - 800,000; Full time

Job summary

Insular Oil Corporation in Quezon City is seeking an experienced accountant to manage financial reporting, ensure compliance, and supervise the accounting team. The ideal candidate will have a Bachelor's degree in Accounting and 3-5 years of relevant experience.

The role includes preparation of financial statements, working closely with management for audits, and ensuring timely compliance with government regulations. Strong analytical skills and collaboration with the team are essential for success.

Qualifications

• 3-5 years of experience in accounting or finance roles.
• Strong understanding of financial position and performance reporting.
• Able to work with management and audit teams effectively.

Responsibilities

• Preparation of financial statements and reports.
• Supervise accounting assistant activities.
• Ensure compliance with government regulations.
• Manage accounting operations and back-up processes.
• Compile employee compensation reports.

Skills

Financial Reporting

Accounting Standards

Team Collaboration

Government Compliance

Financial Analysis

Education

Bachelor's Degree in Accounting or related field

Job description

On-site - Quezon City 3-5 Yrs Exp Bachelor Full-time

Job Description

Responsibilities

• Preparation of statements of financial position & financial performance.
• Preparing monthly Trial Balance.
• Preparation of BS analysis report.
• Approves entries of financial transactions of the vessel encoded in the systems.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Supervision of accounting assistant especially in non-routine transactions.
• Ensuring the accuracy and completeness of the output of the accounting staff.
• Collaborating with management and department heads to resolve accounting related issues.
• Contributes to team effort by accomplishing related results as needed.
• Work with the governmental team and external auditor to ensure a perfect year end audit.
• Ensure accurate & timely monthly & year-end closing.

Description

• Maintains accounting controls & government compliance using the office system, policies and procedures.
• Manage accounting operations and ensure that there is a redundant process backup in place for every critical operation.
• Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
• Checking of bank reconciliation report prepared by accounting assistant.
• Checking of APV’s & other documents prepared by accounting assistant such as payroll, certifications.
• Review of governmental computations.
• Ensuring of the filing & payment of monthly governmental compliances related to the BIR.
• Preparation of PNL forecasting/budgeting of the company.
• Preparation of JV’s/CM/DM.
• Preparation of Lapsing Schedules of the Barge.
• Discuss with operations group the performance of the company.
• Recommends possible solutions for improvement of financial resources with relation to operations.

Others (Payroll Section)

• Responsible for compiling and issuing individual compensation reports to each employee, and to the BIR, for tax purposes.
• Annualized payroll and submit government requirement reports and withholding reports to employee.
• Annualized/Last Pay computation of resigned employees.