Branch Accounting Officer

ISLAND AIR PRODUCTS CORPORATION (ISLAND GAS); Mandaue; On-site; PHP 300,000 - 600,000; Full time

Job summary

Island Gas Group of Companies in Mandaue seeks a Branch Accountant to manage the branch's books, generate financial reports, and ensure compliance with BIR regulations. You will safeguard assets through strong internal controls and monitor cash, sales, and inventories for accuracy.

The role emphasizes accurate bookkeeping, regular reconciliations, and timely financial statements, with a focus on protecting company assets and preventing irregularities at the branch level.

Qualifications

• Bachelor's degree in accounting or a related field.
• Experience in branch accounting and financial reporting is preferred.
• Strong understanding of BIR rules and VAT withholding tax filings.
• Demonstrated integrity and accountability in handling company finances.

Responsibilities

• Maintain complete and updated Books of Accounts of the assigned branch
• Record daily financial transactions including sales, purchases, expenses, cash receipts, and disbursements
• Ensure proper classification of accounts based on the approved Chart of Accounts (COA)
• Perform regular reconciliation of branch records with system-generated reports and Head Office records
• Prepare and submit Income Statement, Cash Flow Statement, Balance Sheet, and Variance Analysis Report
• Prepare Daily Cash Position Report, Daily Sales & Volume Summary Report, and Monthly Branch Performance Report
• Conduct regular verification of cash collections, sales records, and system postings
• Conduct spot audits and surprise cash counts to ensure accuracy and accountability
• Ensure compliance with all BIR rules and regulations and prepare VAT and withholding tax filings
• Enforce internal accounting policies and control procedures within the branch

Skills

Bookkeeping

Financial reporting

Internal controls

BIR compliance

Cash management

Education

Bachelor's degree in accounting

Tools

Accounting Software

MS Excel

ERP system

Job description

About the role

The Branch Accountant is one of the key financial officers of the branch responsible for ensuring the accuracy, completeness, and integrity of all financial records and transactions. The role is primarily tasked with maintaining the books of accounts, preparing financial reports, ensuring compliance with BIR regulations, and implementing strong internal controls. The Branch Accountant is responsible for continuous monitoring and verification of branch and retail store transactions to safeguard company assets, prevent losses, and ensure that all cash, sales, and inventories are properly recorded, accounted for, and protected against irregularities or misappropriation.

Key responsibilities

• Maintain complete and updated Books of Accounts of the assigned branch

• Record daily financial transactions including sales, purchases, expenses, cash receipts, and disbursements

• Ensure proper classification of accounts based on the approved Chart of Accounts (COA)

• Perform regular reconciliation of branch records with system-generated reports and Head Office records

• Prepare and submit Income Statement, Cash Flow Statement, Balance Sheet, and Variance Analysis Report

• Prepare Daily Cash Position Report, Daily Sales & Volume Summary Report, and Monthly Branch Performance Report

• Conduct regular verification of cash collections, sales records, and system postings

• Conduct spot audits and surprise cash counts to ensure accuracy and accountability

• Ensure compliance with all BIR rules and regulations and prepare VAT and withholding tax filings

• Enforce internal accounting policies and control procedures within the branch

About you

• Exercise due diligence, integrity, and strict accountability in all financial matters

About us

Island Gas Group of Companies