Accounting Specialist

Financial Executives Institute of the Philippines (FINEX); Makati; On-site; PHP 334,800 - 502,200; Full time

Job summary

A financial organization in Metro Manila seeks an Accounting Associate to support its accounting department. Responsibilities include managing billings, collections, and reporting activities, while ensuring adherence to governance rules. Candidates must hold a degree in Accountancy or a related field, with at least 3 years of accounting experience. Applicants should possess solid skills in financial reporting and double-entry accounting, contributing to the organization’s policy improvements.

Qualifications

• Graduate of BS Accountancy or a closely-related course.
• At least 3 years of experience in an Accounting position.
• Strong knowledge of financial reporting and internal controls.

Responsibilities

• Perform financial accounting and reporting activities.
• Record and process business transactions in the accounting system.
• Maintain accurate financial records and statements.

Skills

Financial accounting and reporting

Double-entry accounting

Internal controls

Education

BS Accountancy or closely-related course

Job description

Accounting Associate Billings and Collection Cycle

The Accounting Associate/Assistant supports the Accounting department in carrying out its responsibilities. They are involved in work that is specific to Accounts receivable, data compilation, billing, and other accounting tasks. They will also work specifically with fixed assets accounting and the bookkeeping related to all of those.

The Accounting Associate / Assistant also assists in the preparation of the trial balance, subsidiary ledgers, and basic financial statements and reports. They may be called on to participate in adhoc finance-related projects and systems testing when necessary.

Work Scope and Functions

Scope

• Billings
• Membership Dues
• Sponsorships
• Collections
• Cash and Checks
• Deposits
• Bank and Other Receipts
• Bookkeeping
• Subsidiary Ledgers

Functions

• Perform financial accounting and reporting activities
• Record and process all business transactions within the scope of their work in the accounting system using double-entry accounting
• Maintain accurate financial records and statements
• Perform month-end closing activities
• Record transactions and events relating to the scope of their work
• Maintain subsidiary records and analyses
• Compile the relevant business documentations used in the banking processes
• Champion internal controls and governance
• Comply with all governance rules and regulations
• Comply with and contribute to the improvement of the organizations policies and procedures
• BS Accountancy Graduate, or a closely-related course (such as Management Accounting or Accounting Technology)
• Or at least 3 years in an Accounting position