Accounting Specialist

Asiacruit; Makati; On-site; PHP 260,000 - 380,000; Full time

Job summary

Asiacruit in Makati, Philippines, is seeking an Accounting Specialist to support insurance and accounting operations, ensuring accurate financial data and timely month-end close. You will handle AP/AR, journal entries, reconciliations, and reporting, collaborating with finance, billing, claims, and operations to maintain compliant records.

This role emphasizes attention to detail, proficiency in Excel and accounting software, and strong English communication in a dynamic, global-focused

Qualifications

• Associate's or bachelor's degree in Accounting, Finance, or related field.
• 1+ year of accounting support or related financial operations experience.
• Working knowledge of double-entry accounting, general ledger, and reconciliations.
• Proficiency in Microsoft Excel and data analysis.
• Experience with accounting software/ERP systems.
• Strong English communication, written and verbal.

Responsibilities

• Process and monitor accounts payable and accounts receivable transactions.
• Prepare and review routine journal entries, including accruals and reclassifications.
• Verify coding accuracy and completeness of billing and payment records.
• Maintain organized accounting files, audit trails, and documentation.
• Assist with data validation and ensure transactions are recorded in correct accounts.
• Record and reconcile insurance-related transactions and policy receivables/payables.
• Perform bank, credit card, AR, AP, and GL reconciliations.
• Support month-end and year-end close activities and reporting.
• Assist with audit support and documentation for internal/external reviews.

Skills

Excel Proficiency

English Communication

Attention to detail

Time management

Confidential handling

Education

Accounting degree (Associate/Bachelor)

Tools

ERP Systems

Job description

About Asiacruit

At Asiacruit, we connect top talent with forward-thinking organizations across industries. Our mission is to help businesses grow through smart, strategic, and people-focused solutions. We support companies by providing high-quality Philippine-based talent for local and global markets. If you are detail-oriented, reliable, and committed to maintaining accurate financial records, we invite you to apply.

Position Overview

We are seeking an Accounting Specialist to support accounting operations for the insurance and accounting industry. In this role, you will ensure accurate financial data, manage day-to-day accounting tasks, and support month-end and year-end close activities. You will work closely with internal teams across accounting, finance, insurance, billing, claims, and operations to help ensure transactions are recorded correctly, reconciliations are completed on time, and documentation is maintained according to process and compliance requirements.

Key Responsibilities

Accounting Operations and Transaction Management

• Process and monitor accounts payable and accounts receivable transactions, including invoices, payments, deposits, refunds, and adjustments.
• Prepare and review routine journal entries, including accruals, prepayments, reclassifications, and corrections, ensuring proper supporting documentation.
• Verify coding accuracy, approvals, and completeness of billing and payment records before posting.
• Maintain organized accounting files, audit trails, contracts, and financial documentation.
• Assist with data validation and ensure transactions are recorded in the correct accounts and periods.

Insurance Accounting Support

• Record and reconcile insurance-related transactions such as premiums, commissions, claims payments, recoveries, refunds, and policy-related receivables and payables.
• Review billing, policy administration, claims, and payment information for completeness, accuracy, and consistency.
• Assist with reconciliation of insurance billing records, customer accounts, carrier statements, and related payment activity.
• Investigate and resolve discrepancies involving premiums, commissions, claims, refunds, settlements, and other insurance transactions.
• Coordinate with underwriting, claims, billing, finance, and operations teams to address accounting issues and document resolutions.
• Maintain accurate records for policyholders, customers, vendors, carriers, and other business partners.

Reconciliations, Reporting, and Close Support

• Perform bank, credit card, accounts payable, accounts receivable, and general ledger reconciliations.
• Research reconciling items, identify root causes, and document findings and corrective actions.
• Support month-end and year-end close activities, including account reviews, cutoff checks, and preparation of supporting schedules.
• Prepare recurring account summaries, aging reports, transaction detail, and other routine financial reports.
• Assist with audit support by compiling schedules, documentation, and evidence for internal and external review.

Controls, Compliance, and Continuous Improvement

• Follow accounting policies, internal controls, segregation of duties, and approval requirements.
• Protect confidential financial, customer, policyholder, claims, and business information.
• Ensure accounting records are maintained accurately in line with applicable accounting standards and company procedures.
• Support improvements to accounting workflows, documentation standards, and reconciliation processes.
• Assist with accounting system updates, data checks, reporting enhancements, and process documentation.
• Support compliance reviews and other finance-related projects as assigned.

Qualifications

Requirements

• Associate's or bachelor's degree in Accounting, Finance, Business Administration, or a related field, or equivalent practical experience.
• 1+ year of experience in accounting support, bookkeeping, accounts payable, accounts receivable, or a related financial operations role.
• Working knowledge of double-entry accounting, general ledger maintenance, and account reconciliations.
• Basic understanding of insurance accounting transactions (e.g., premiums, commissions, claims, refunds, and policy-related activity).
• Proficiency in Microsoft Excel, including formulas, sorting, filtering, and basic data analysis.
• Experience using accounting software and/or enterprise systems (e.g., ERP or financial management platforms).
• Strong attention to detail and commitment to accuracy in financial data.
• Ability to prioritize work, manage deadlines, and handle confidential information professionally.
• Strong English communication skills, both written and verbal.

Preferred

• Experience in insurance, financial services, public accounting, or professional services.
• Familiarity with accounting systems such as QuickBooks, NetSuite, SAP, Oracle, or Microsoft Dynamics.
• Knowledge of insurance billing, claims payment processes, commissions, carrier statements, and policy-related accounting.
• Awareness of U.S. GAAP, IFRS, and/or insurance accounting practices.
• Experience supporting month-end close, audits, internal controls, or financial reporting.
• Progress toward a relevant certification in accounting or finance (e.g., bookkeeping or accounting credentials).

Why Join

• Work with a supportive team while supporting accounting operations in the insurance and financial services space.
• Build experience across accounts payable, accounts receivable, reconciliations, and insurance accounting workflows.
• Contribute to accurate financial records and efficient processes that support business decisions.
• Enjoy competitive compensation and opportunities for growth and professional development.
• Collaborate in an international environment with exposure to cross-functional stakeholders.