Accounting Officer

UST Angelicum College; Philippines; On-site; PHP 1,674,000 - 2,567,000; Full time

Job summary

UST Angelicum College in the Philippines seeks a Head of Accounting to oversee the college’s financial operations, ensure GAAP compliance, and guide the accounting department’s daily activities from books to reporting.

The role emphasizes financial reporting, budgeting, internal controls, audit coordination, taxation, and asset management, with a focus on accurate records, timely statements, and regulatory compliance.

Qualifications

• Bachelor’s Degree in Accountancy, Accounting, Finance, or related field.
• CPA certification.
• At least five years of progressive accounting/finance experience with supervisory responsibilities.
• Experience in financial reporting, budgeting, internal controls, audit coordination, taxation, and accounting operations.
• Experience in educational institutions or complex organizations is an advantage.

Responsibilities

• Take charge of interim and annual financial statements and ensure timely reporting within deadlines.
• Ensure accuracy and timely recording of Fees and Collections from all sources.
• Review accounts receivable, advances and other receivables; advise on bad debt provisions.
• Review expenses, vouchers, and supporting documents for validity and authorization.
• Review and approve recurring entries and month-end closing processes.
• Review Fixed Assets records and monthly depreciation by cost center.
• Supervise Asset Management and ensure asset protection and insurance.
• Prepare the annual accounting department budget and drive the budgeting process.
• Monitor expenditures to align with the approved budget.
• Prepare and analyze monthly, quarterly and annual performance vs budget.

Skills

Supervisory experience

Financial reporting

Budgeting

Internal controls

Audit coordination

Taxation

Accounting operations

Education

Bachelor’s Degree in Accountancy, Accounting, Finance, or related field

Certified Public Accountant (CPA)

Job description

About the role

The Head of Accounting performs various accounting operations and administrative functions and applies generally accepted accounting principles (GAAP) and methods in maintaining the financial records of the College. The role includes overall supervision of the daily operations of the accounting department, review and maintenance of the books of accounts ensuring its accuracy, reliability and timeliness, analysis of financial data, records and reports establishment of the financial position and results of operations of the Institution, ensuring tax and other regulatory compliance, development and implementation of effective systems and controls, and supervision of Purchasing and Asset Management functions.

Key responsibilities

• Take charge of the overall preparation and generation of interim and annual financial statements of the Institution and ensure that monthly, quarterly and annual financial reports and related supporting details are available and submitted within 10 days from cut-off date or applicable deadline

• Ensure accuracy, completeness, timeliness and reliability of recording of Fees and Collections from all sources by preparing and reviewing collection records and entries

• Review Accounts receivable, advances and other receivables records and ensure their timely update and accuracy; recommend provision for bad debts based on existing guidelines

• Review expenses, payable and disbursement vouchers and supporting documents and ensure that all expenses are valid, accurate and approved by authorized officials

• Review and approve recurring entries such as amortizations, accruals, interests, loans and interest, investments, reconciliations and other journal entries and month-end closing processes

• Review Fixed Assets records and all acquisitions, disposals and monthly depreciation per cost center in the books

• Supervise Asset Management section and ensure that all assets are completely recorded, accounted for, adequately protected and insured

• Prepare the annual budget for Accounting Department and drive the budgeting process and consolidate all budgets submitted by various departments

• Monitor all expenditures and ensure that all expenses and capital expenditures are in accordance with the approved budget

• Prepare and analyze monthly, quarterly and annual comparative financial performance of the Institution and report actual performance vs budget

About you

• Bachelor’s Degree in Accountancy, Accounting, Finance, or a related field.

• Certified Public Accountant (CPA)

• At least five (5) years of progressive experience in Accounting and Finance, including supervisory or managerial-level experience.

• Experience in financial reporting, budgeting, internal controls, audit coordination, taxation, and accounting operations is highly preferred.

• Experience in an educational institution or other complex organization is an advantage.