General Ledger Associate

Lifestrong Marketing Inc.; Malabon; On-site; PHP 312,000 - 469,000; Full time

Job summary

Lifestrong Marketing Inc. in the Philippines seeks a General Ledger Associate to prepare journal entries, reconcile accounts, and ensure compliance with PFRS and GAAP. The role requires 1–2 years of accounting experience and strong MS Office/ERP skills.

You will maintain the chart of accounts, perform bank reconciliations, assist in inventory counts, and handle confidential data while supporting management with accurate financial reporting.

Qualifications

• Graduate BS Accountancy or Accounting Technology or equivalent.
• 1–2 years of proven experience in General Accounting.
• Proficiency in MS Office; ERP experience; knowledge of Philippine Financial Reporting Standards (PFRS) and GAAP.

Responsibilities

• Prepare journal entries and reconcile monthly bank accounts.
• Record accruals, deferrals, reclassifications, and interdepartmental entries.
• Perform account analysis to ensure GAAP compliance.
• Maintain chart of accounts and asset records, including fixed assets.
• Assist in physical inventory counts and verify counts versus balances.
• Maintain confidentiality of sensitive information.

Skills

MS Office

Analytical skills

Detail-oriented

Independent worker

Education

BS Accountancy

Accounting Technology

Tools

ERP systems

Job description

Job description:

The General Ledger (GL) Associate is generally responsible for preparing journal entries, reconciling financial statements and accounts, and ensuring data accuracy. Provide assurance that information complies with Philippine Financial Reporting Standards. Record information such as accrual, deferral, reclass, and interdepartmental entries into the company’s accounting ledger.

• Responsible for the use of double entry accounting system, adjusting and journal entries.

• Ensure that financial records are kept in accordance with Generally Accepted Accounting Principles (GAAP) and all appropriate records are retained.

• Perform account analysis of assigned accounts to ensure all entries are in accordance with GAAP and theories.

• Perform monthly bank reconciliation and prepare adjusting journal entries if necessary for the following bank account (See Annex 1).

• Prepare monthly reconciliation of subsidiary ledgers of accounts receivables and fixed assets.

• Maintain the list or lapsing schedule of all company fixed assets together with historical cost and verify the location and completeness.

• Maintain, update and establish an accounting chart of accounts necessary for disclosure requirements and monitoring of balances for each particular account.

• Assist in the quarterly, interim and year-end physical inventory count of finished goods and materials/supplies and verify the counts versus the inventory balances in the Accounting System.

• Keep sensitive and vital information confidentially whether acquired verbally or in print concerning the affair of the Group and/or its officers and abstain from discussing with anybody in and out of the Group.

• Perform other duties assigned by the management and department head from time to time. Must be flexible and adaptable to changes that will occur during the course of employment.

Qualifications:

• Graduate BS Accountancy, Accounting Technology or equivalent;

Experience Required

• 1 to 2 years of proven experience in General Accounting.

Skills

• Advance skills in Microsoft Office applications.

• Knowledgeable in ERP or other accounting systems.

• Well versed in Philippine Financial Reporting Standards and GAAP.

• Honest, Trustworthy, Fast Learner, Analytical skills and Keen to details.

• Able to work with minimum supervision.