Accounting Specialist (CPA)

Zenith Capital; Philippines; On-site; PHP 223,000 - 391,000; Full time

Job summary

Zenith Capital in the Philippines seeks an organized accounting professional to support daily financial operations, record transactions accurately, and assist in preparing monthly and yearly reports.

You will help in payroll processing, accounts payable/receivable, tax compliance, loan account reconciliation, internal controls, budgeting, and related tasks to help the finance team meet objectives under the VP for Loan Management and Accounting.

Responsibilities

• Record daily financial transactions, ensuring accuracy and adherence to accounting principles.
• Prepare basic financial reports, including trial balances, ledger summaries, and account reconciliations.
• Assist in the preparation of monthly, quarterly, and annual financial statements.
• Maintain and update records of loan transactions, repayments, and adjustments.
• Assist in payroll preparation and ensure salary accuracy, deductions, and timely payments.
• Double-check payroll computations for accuracy before processing payments.
• Ensure timely and accurate crediting of salaries to employees’ accounts.
• Assist in resolving payroll discrepancies and responding to employee inquiries related to payroll.
• Process and verify invoices for payment and ensure proper documentation.
• Assist in tracking and recording accounts receivable, including loan payments and interest income.
• Follow-up on outstanding receivables and coordinate with clients or internal teams to resolve discrepancies.
• Support the preparation and submission of tax returns, including VAT, withholding taxes, and income taxes.
• Ensure proper documentation of tax-related transactions and compliance with local regulations.
• Assist in preparing supporting documents for tax audits and assessments.
• Monitor loan accounts to ensure accurate posting of repayments, interest, and fees.
• Assist in reconciling discrepancies in loan accounts and coordinating with the Loan Management team to resolve issues.
• Maintain organized records of all loan-related financial transactions.
• Assist in implementing and maintaining internal controls to ensure the accuracy of financial data.
• Support internal and external audit processes by providing requested documents and clarifications.
• Identify areas for process improvement and recommend corrective actions to enhance accuracy and efficiency.
• Support the preparation of departmental budgets and track actual expenses against projections.
• Assist in analyzing variances and reporting findings to the VP for Loan Management and Accounting.
• Ensure all expenses are properly recorded and categorized in the financial system.
• Perform other accounting-related tasks or responsibilities as directed by the VP for Loan Management and Accounting.
• Support special projects, campaigns, or initiatives as required to achieve business objectives.

Job description

• Record daily financial transactions, ensuring accuracy and adherence to accounting principles.
• Prepare basic financial reports, including trial balances, ledger summaries, and account reconciliations.
• Assist in the preparation of monthly, quarterly, and annual financial statements.
• Maintain and update records of loan transactions, repayments, and adjustments.

B. Payroll Processing and Verification

• Assist in the preparation of payroll by ensuring the accuracy of salaries, benefits, and deductions.
• Double-check payroll computations for accuracy before processing payments.
• Ensure timely and accurate crediting of salaries to employees’ accounts.
• Assist in resolving payroll discrepancies and responding to employee inquiries related to payroll.

C. Accounts Payable and Receivable

• Process and verify invoices for payment and ensure proper documentation.
• Assist in tracking and recording accounts receivable, including loan payments and interest income.
• Follow-up on outstanding receivables and coordinate with clients or internal teams to resolve discrepancies.

D. Tax Compliance and Filings

• Support the preparation and submission of tax returns, including VAT, withholding taxes, and income taxes.
• Ensure proper documentation of tax-related transactions and compliance with local regulations.
• Assist in preparing supporting documents for tax audits and assessments.

E. Loan Account Reconciliation

• Monitor loan accounts to ensure accurate posting of repayments, interest, and fees.
• Assist in reconciling discrepancies in loan accounts and coordinating with the Loan Management team to resolve issues.
• Maintain organized records of all loan-related financial transactions.

F. Internal Controls and Auditing Support

• Assist in implementing and maintaining internal controls to ensure the accuracy of financial data.
• Support internal and external audit processes by providing requested documents and clarifications.
• Identify areas for process improvement and recommend corrective actions to enhance accuracy and efficiency.

G. Budgeting and Expense Monitoring

• Support the preparation of departmental budgets and track actual expenses against projections.
• Assist in analyzing variances and reporting findings to the VP for Loan Management and Accounting.
• Ensure all expenses are properly recorded and categorized in the financial system.

H. Other Accounting-related Tasks

• Perform other accounting-related tasks or responsibilities as directed by the VP for Loan Management and Accounting.
• Support special projects, campaigns, or initiatives as required to achieve business objectives.