General Accountant

Paxe and Outsourcing Group of Companies Corporation; Makati; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Paxe and Outsourcing Group of Companies Corporation is seeking an experienced accounting professional to manage General Ledger, month-end closing, and financial reporting for multiple outlets in the Philippines.

You will reconcile cash and bank accounts, oversee inventory costing, and ensure compliance with local tax regulations while driving process improvements across the finance function.

Qualifications

• Record daily journal entries and maintain general and subsidiary ledgers.
• Reconcile key accounts and lead month-end closing with P&L, Balance Sheet, and cash flow reports.

Responsibilities

• Coordinate stocktakes; investigate variances, wastage, and inter-branch transfers.
• Maintain item master data and recipes/BOM in coordination with Cost Control.
• Validate supplier pricing and prepare COGS and gross margin analysis by brand and category.
• Process supplier invoices with 3-way matching; manage payment schedules and petty cash.
• Track accounts receivable from corporate clients; monitor collections.
• Maintain fixed asset register including capitalization, depreciation, and disposals.
• Support payroll remittances with HR/Payroll and assist audits and renewals.
• Prepare weekly sales, cash flow, and margin dashboards; assist budgeting and forecasting.
• Develop and standardize accounting SOPs and suggest system improvements for controls and efficiency.

Job description

1. General Ledger & Month-End Closing

Record daily journal entries and maintain general and subsidiary ledgers.

Prepare and reconcile key accounts (bank, cash, intercompany, deposits, and advances).

Lead month-end closing and produce P&L, Balance Sheet, and Cash Flow reports by WD+5 for each outlet/brand.

2. Revenue & Cash Control

Reconcile POS sales (dine-in, KTV rooms), delivery platforms (GrabFood, Foodpanda), vouchers, discounts, tips, and service charges.

Monitor cash overages/shortages, voids, and refunds; enforce front-of-house cash control procedures.

Reconcile electronic payments (GCash, Maya, QRPH, cards) with bank settlements.

3. Inventory, COGS & Costing

Coordinate monthly stocktakes; investigate variances, wastage, and inter-branch transfers.

Maintain item master data and recipes/BOM in coordination with the Cost Control team.

Validate supplier pricing and yields; prepare COGS and gross margin analysis per brand and category.

4. Accounts Payable, Accounts Receivable, Treasury & Fixed Assets

Process supplier invoices with 3-way matching (PO-GRN-Invoice); manage payment schedules and petty cash.

Track Accounts Receivable (corporate clients, aggregators) and monitor collection status.

Maintain fixed asset register, including capitalization, depreciation, and disposals.

5. Compliance & Taxation (Philippines)

Ensure full compliance with BIR regulations (VAT, expanded/withholding tax).

Coordinate payroll inputs and statutory remittances (SSS, PhilHealth, Pag-IBIG) with HR/Payroll.

Support annual audits, inventory observations, and government renewals.

6. Reporting & Analysis

Prepare weekly sales, cash flow, and margin dashboards per outlet.

Support budgeting, forecasting, and financial modeling for new outlets or expansion projects.

Provide ad-hoc analyses and recommendations to management.

7. Process & Systems Improvement

Develop and standardize accounting and internal control SOPs (cash handling, stock counts, documentation).

Recommend process and system improvements (accounting, POS, inventory) to increase efficiency and accuracy.