General Accounting Executive

Menvir Corporation; Makati; On-site; PHP 446,400 - 669,600; Full time

Benefits offered by this job

Life Insurance

Health Maintenance Organization (HMO)

Maternity & Paternity Leave

Sick Leave

Vacation Leave

Job summary

A reputable firm is looking for a General Accounting Executive to ensure compliance with legal requirements in financial reporting. The role involves managing tax returns, accounts payable and receivable, and requires 5-8 years of related experience. Candidates should hold a BS degree in Finance, Accounting, or Business Administration and possess strong analytical and problem-solving skills. Skills in Microsoft Excel are essential. This position is on-site in Makati.

Qualifications

• 5-8 years of relevant, hands-on general accounting experience.
• Solid understanding of generally accepted accounting principles and taxation.
• Work experience in Construction, Property Management, and Leasing is an advantage.

Responsibilities

• Ensure compliance with legal requirements for financial reporting.
• Manage day-to-day processing of purchase invoices and payments.
• Perform accounts receivable operations including reconciliations.

Skills

Analytical skills

Communication skills

Problem-solving skills

Attention to detail

Proficiency in Microsoft Excel

Education

BS degree in Finance, Accounting or Business Administration

Tools

Accounting software

Job description

On-site - Makati 5-10 Yrs Exp Bachelor Full-time

Job Description

Government Mandated Benefits

Insurance Health & Wellness

Life Insurance, HMO

Maternity & Paternity Leave, Sick Leave, Vacation Leave

The General Accounting Executive assist in ensuring that the company operates in full compliance with legal requirements and standards that apply to a company’s financial reporting. This involves having clear and transparent processes and procedures for recording and verifying all financial transactions such as revenue, expenses, assets and liabilities. He/She monitors internal policies and by laws and ensures that company policies and procedures are adhered to.

Basic Duties and Responsibilities:

Corporate Compliance

• Validates and compiles creditable withholding tax certificates to be attached and submitted to BIR.
• Ensures timely filing and payment of all corporate monthly, quarterly and annual tax returns and supporting schedules and alphalists/reliefs which includes, among others, Value Added tax, withholding tax, Income tax, Final Tax, DST and other returns that arise during the course of business subject for review and approval of Finance/ Accounting Manager.
• Coordinates renewal of business permits to liaison in charge and monitors real property taxes with guidance and approval of the Finance/ Accounting Manager.
• Assist the Finance/ Accounting Manager to ensures compliance to BIR’s tax mapping requirements.
• Handles the filing, payment and collections as needed for SSS, Pag-Ibig, Philhealth monthly contributions, loan payment and reimbursement of advances.
• Reviews and monitors the timely issuance of BIR Form 2307, 1606
• Handles the compensatory tax annualization for the group.
• Proper handling/filingof documents and its safekeeping in compliance to BIR Ruling
• Manage the petty cash use and its recording.
• Any other duties as reasonably directed by the Finance Head/Manager/Supervisor or other member of the management team

Accounts Payable

• Keep track of all payments and expenses including payroll, purchase orders, invoices, statements, etc.
• Take responsibility for the day to day processing of all purchase invoices (indicate expected transactions per month) ensuring that invoices are checked and prices are correct and that any discrepancies are investigated and dealt with appropriately.
• Ensure that invoices are authorized for payment by managers/executive and matched to purchase orders where applicable
• Follow authorization of invoices organize payment runs, scan invoices and prepare cheques
• Assist in doing Payment schedule suppliers and vendors and its release

Accounts Receivable

• Perform daily update of sales/rentals report.
• Process timely reconciliation of accounts receivable, investigation and reconcile, and remittances
• Process accounts and incoming payments in compliance with financial policies and procedures.
• Perform day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data.
• Prepare bills, invoices, and bank deposits.
• Reconcile the accounts receivable ledger to ensure that all paymentsare accountedfor andproperlyposted.
• Handle Journal entries and bank reconciliation

Basic Qualifications:

• BS degree in Finance, Accounting or Business Administration
• 5-8 years of relevant, hands‑on general accounting tasks
• Solid understandingofgenerally accepted accountingprinciples as well as mandatory government regulations; taxation and internal audit
• Work experience in Construction, Property Management and Leasing is an advantage
• Has strong analytical and planning skills
• Good communication and presentation skills
• Excellent problem solving skills.
• High degree of accuracy and attention to detail
• Proficiency in Microsoft Excel
• Ability to multi-task and work in a challenging fast paced environment
• Experience in handling Accounting system

Training Needed:

• Microsoft Advance Excel for Analytics
• Updates on mandatory compliances for tax and employee compensation, SSS, Pag-Ibig, Philhealth