Accounting Specialist

Reyes Management & Bookkeeping Services Co.; Manila; On-site; PHP 334,800 - 558,000; Full time

Job summary

A financial services company in Metro Manila is seeking an experienced accountant to maintain accurate financial records and ensure compliance with Philippine law. You will prepare tax returns, assist with payroll, and provide financial analysis to support management decisions. The ideal candidate has a Bachelor's degree in Accounting or Finance and a strong understanding of Philippine Financial Reporting Standards (PFRS) and Bureau of Internal Revenue (BIR) regulations. This role requires attention to detail and organizational skills.

Qualifications

• Knowledge of Philippine Financial Reporting Standards (PFRS).
• Familiarity with Bureau of Internal Revenue (BIR) regulations.
• Ability to execute financial analysis and assist in budget preparation.

Responsibilities

• Maintain accurate financial records and ensure compliance with PFRS.
• Prepare and file required tax returns in compliance with local laws.
• Assist with payroll processing and report contributions to labor agencies.
• Provide financial analysis to aid management decision-making.
• Support auditing processes by preparing necessary documents.

Skills

Financial record keeping

Tax compliance

Payroll processing

Financial reporting

Audit support

Education

Bachelor's degree in Accounting or Finance

Job description

Accounting and Bookkeeping:

• Maintain accurate and up-to-date financial records in compliance with Philippine Financial Reporting Standards (PFRS) and the Bureau of Internal Revenue (BIR) regulations.
• Prepare and post journal entries, ensuring that transactions are correctly recorded in the accounting system.
• Prepare monthly, quarterly, and year‑end financial statements, including balance sheets, income statements, and cash flow statements.

Tax Compliance and Reporting:

• Ensure compliance with BIR tax regulations, including VAT, income tax, and other applicable taxes.
• Prepare and file regular tax returns (e.g., VAT, percentage tax, income tax) in compliance with local tax laws.
• Maintain up‑to‑date knowledge of tax policies, laws, and regulations in the Philippines.
• Assist in the preparation and filing of withholding tax returns (e.g., expanded withholding tax, final withholding tax).

Payroll Assistance:

• Assist with payroll processing, ensuring accurate salary payments, deductions, and benefits for employees.
• Ensure compliance with Philippine labor laws (e.g., SSS, Pag-IBIG, PhilHealth) and accurately report contributions.

Financial Reporting and Analysis:

• Assist in the preparation of monthly and annual financial reports for management.
• Provide timely and accurate financial analysis to support decision‑making.
• Assist with the preparation of budgets and forecasts.

Audit and Internal Controls:

• Assist during internal and external audits by providing necessary financial documentation and supporting schedules.
• Implement recommendations from audits and support the development of internal controls to safeguard company assets.

General Administrative Support:

• Ensure proper filing and documentation of accounting records and tax filings.
• Stay updated on any changes in accounting standards, tax laws, or business regulations in the Philippines.