Accounting Officer - Taxation

Careers at Zenith Group; Manila; On-site; PHP 334,800 - 558,000; Full time

Job summary

A multinational company in the financial sector seeks a detail-oriented individual to handle BIR compliance in Manila. Responsibilities include accurately filing BIR submissions, coordinating with external accountants for compliance on tax returns, and verifying customer tax certificates. Candidates should possess knowledge of BIR's requirements and demonstrate precision in financial documentation and coordination. This is an on-site role offering the opportunity to work closely with financial teams and contribute to compliance efforts.

Qualifications

• Experience in preparing BIR related reports.
• Knowledge of BIR compliance requirements.
• Ability to coordinate with external accountants.

Responsibilities

• Record and submit BIR reports accurately and timely.
• Assist in coordinating monthly/quarterly tax returns.
• Gather and countercheck customer tax certificates.

Job description

Job Objectives

Record and submit accurately and timely all BIR related reports to ensure compliance to BIR requirements.

Essential Functions

Submit accurately and timely thru online all BIR filings and payments of assigned companies to ensure compliance with BIR requirements.

• Review and verify the Tax Relief against Monthly VAT Return to ensure similarity or tally.
• File/submit accurately and timely the following data/report at BIR Program:
  • Monthly Tax Relief
  • Summary Alpha List Withholding Taxes (SAWT)
  • List of Payees whom Taxes Withheld
  • Summary List of Sales and Purchases
• Assist in coordinating with External Accountant on the monthly/quarterly tax returns such as Withholding Tax, VAT, Income Tax and other business permits and licenses.
• Assist in maintaining the files of monthly and quarterly submitted EFPS tax returns and other related FS reports:
  • 1702Q/1702RT
  • 2550Q-VAT
  • 1601C-Compensation
  • 1601- Expanded Withholding Tax
  • Annual Inventory
  • Others

Collate and record all customer credit tax certificate (BIR 2307).

• Gather and countercheck with Sales records the correctness of the submitted BIR 2307 of customers.
• Coordinate with Credit & Collection the BIR 2307 for collection.
• Record all received customer BIR 2307.

Assist/prepares for Government and Documentation processes – Licenses, Registration and Clearances (with field work).

• Bureau of Internal Revenue (BIR)
• Local Government Unit/City Hall
• Securities and Exchange Commission (SEC)
• Bureau of Fire and Protection (BFP)
• Other related government units that required in processing the documents needed

Assist in checking the entries/recorded sales, purchases and importation from General Ledger that generated from Accounting System.

• Check and tally the monthly total amount of transactions of sales, purchases and importation from general ledger account vs submitted BIR returns – 2550Q/Summary List of Sales and Purchases.
• Assist in checking/tallying the recorded expenses vs. submitted ITR.
• Assist in preparing the documentation/requirements in the issuance of Letter of Authority (LOA) and coordinate with external Accountant if necessary.
• Assist in checking the list of customers and suppliers as BIR findings with discrepancy against submitted SLSP.
• Coordinate with external Accountant in the preparation of Books of Account if necessarily.
• Assist in reconciling the Notice of Withholding Tax Deficiency issued by BIR to Zenith Group of Companies.

Other tasks that may be assigned by the superior and/or top management from time to time.