Accounting Specialist

Western Visayas Alliance of Cooperative; Iloilo City; On-site; PHP 334,800 - 502,200; Full time

Job summary

A regional financial services firm in Iloilo City seeks an Accounting Specialist to manage key financial transactions and specialized accounting tasks. The role involves ensuring compliance with standards, preparing budgets, and using software like QuickBooks and SAP. Candidates should have a degree in accounting or finance, with certifications as advantageous. Attention to detail and strong analytical skills are essential for success.

Qualifications

• Management of accounts payable and receivable.
• Preparation of budgets and financial forecasts.
• Processing payroll and ensuring compliance with tax laws.
• Ensuring compliance with accounting standards and regulations.
• Assistance with internal and external audits.
• Handling fixed asset and cost accounting.

Skills

Proficiency in accounting software

Strong knowledge of accounting principles

Attention to detail

Analytical skills

Communication skills

Education

Degree in accounting, finance, or related field

Professional certifications (e.g., CPA, CMA)

Tools

QuickBooks

SAP

Oracle

Excel

Job description

Overview

An Accounting Specialist is a financial professional who plays a key role in managing an organization's financial transactions and records. They often handle more specialized or complex accounting tasks than general accounting staff. Here's an overview of their typical responsibilities, skills, and qualifications:

Key Responsibilities

• Financial Transactions:
  • Manage accounts payable and receivable.
  • Record financial transactions and reconcile accounts.
• Budgeting and Forecasting:
  • Assist in preparing budgets and financial forecasts.
  • Monitor budget performance.
• Payroll Management:
  • Process payroll and ensure compliance with tax laws.
• Compliance and Reporting:
  • Ensure compliance with accounting standards and regulations.
  • Prepare and review financial reports for accuracy and completeness.
• Audit Support:
  • Assist with internal and external audits by preparing necessary documentation.
• Specialized Accounting Tasks:
  • Handle fixed asset accounting, cost accounting, or other specialized areas.
• Software and Systems:
  • Use accounting software like QuickBooks, SAP, or Oracle to maintain financial records.

Educational Background

• A degree in accounting, finance, or a related field is often required.
• Professional certifications (e.g., CPA, CMA) are a plus.

Technical Skills

• Proficiency in accounting software and Excel.
• Strong knowledge of accounting principles (GAAP or IFRS).

Attention to Detail

• Accuracy in managing financial data is crucial.

Analytical Skills

• Ability to analyze financial data and identify trends or discrepancies.

Communication Skills

• Effective communication to explain financial concepts to non-financial staff.

Experience

• Prior experience in accounting or a specialized area like tax or auditing.