Finance & Accounting Officer

Terry Selection, Inc.; Pasig; On-site; PHP 420,000 - 540,000; Full time

Job summary

Terry Selection, Inc. is looking for a Finance/Accounting professional to handle end-to-end accounting processes, including transaction recording, reconciliations, and reporting.

You will work closely with the Finance Supervisor and other departments to ensure accurate financial information. The role requires a Bachelor's degree in Finance or Accounting, proficiency in MS Excel, and hands-on experience with QuickBooks.

Qualifications

• Bachelor's degree in Finance or Accounting required.
• Strong basic bookkeeping knowledge and numerical accuracy.
• Proficient in MS Excel and accounting software (e.g., QuickBooks).

Responsibilities

• Review and record transactions from branches and other sources.
• Review invoices, statements of account, and payments for institutional clients.
• Prepare monthly and year-end financial reports and schedules.
• Reconcile ledgers, perform bank reconciliations and ensure accuracy of records.
• Assist with audits, internal controls, and compliance with laws and regulations.

Skills

Basic bookkeeping

Numerical accuracy

MS Excel

Education

Bachelor's degree in Finance or Accounting

Tools

QuickBooks

Job description

About the role

This position reports directly to the Finance Supervisor and works closely with other departments. The role cooperates with other departments as required to execute responsibilities in a timely and sufficient manner. The position is expected to observe policies, procedures, security measures, work guidelines, and lawful directions given by management.

Key responsibilities

• Review and record transactions from branches as assigned by the Finance Supervisor, including sales, online platforms, gift certificates/vouchers, collections, credit memos/refunds, inventory pull-outs, management meals, petty cash and change funds
• Review issued sales invoices, pull-outs, credit memos, statement of account, account receivables and payments of institutional clients
• Report daily sales to management
• Prepare certified monthly sales reports as required by mall admin
• Monitor, reconcile, and report sales discounts
• Record suppliers' invoices on a timely basis
• Review and reconcile inventory variance reports
• Ensure fixed assets are properly tagged
• Conduct necessary training to staff
• Perform bank reconciliations and account reconciliation on a periodic basis
• Update general ledger on a regular basis and ensure its accuracy and completeness
• Prepare and file BIR tax returns through Electronic Filing and Payment System (EFPS) and ensure timely compliance of tax report attachments
• Prepare year-end entries, reconciliations, working papers, audit requirements, and reports; work and coordinate with external auditors
• Prepare financial reports including supporting schedules requested by management
• Assist the Finance Head/Finance Supervisor in the preparation of management information reports and various ad hoc reports
• Plan, organize, coordinate, and direct subordinate staff in the daily operations of various accounting activities
• Reconcile general ledger accounts and subsidiary ledgers on a periodic basis
• Address financial issues and inquiries from internal and external customers
• Ensure pricelist in the POS and accounting software are properly updated and implemented
• Maintain accounting controls by preparing and recommending policies and procedures
• Objectively review the organization's business processes and evaluate the efficacy of risk management procedures
• Ensure that the organization is complying with relevant laws and regulations
• Conduct special studies and make recommendations on how to improve internal controls and governance processes
• Develop, implement and maintain internal audit policies and procedures in accordance with local and national best practice
• Maintain open communication with management and Finance department
• Create, update, and maintain records, financial records, and databases
• Produce and update Accounting Manual based on standard operating procedures
• File accounting documents properly
• Handle other tasks that may be assigned or required by management

About you

• Bachelor's degree in Finance or Accounting
• Knowledge of basic bookkeeping procedures
• Good math skills and the ability to spot numerical errors
• Hands-on experience with MS Excel and accounting software (e.g. QuickBooks)
• Ability to handle sensitive, confidential information