Project Accountant (Bacolod)

Meralco Industrial Engineering Services Corporation; Murcia; On-site; PHP 300,000 - 420,000; Full time

Job summary

Meralco Industrial Engineering Services Corporation is seeking a Project Accountant (Non-CPA) to provide accurate project financial information, prepare statements and analyses, and supervise accounting compliance for project activities.

The role involves posting and reviewing transactions, monitoring expenses, coordinating with project control, and training staff on various accounting processes to ensure timely and accurate financial closure.

Qualifications

• Fresh BS Accountancy graduates welcome.
• Open for Non-CPAs.
• Good in analytical and problem solving skills.
• Knowledgeable in all fields of finance, accounting and taxation.
• SAP user is an advantage.
• Proficient in MS Office (Excel, Word, PowerPoint).

Responsibilities

• Posting and reviewing project transactions prior to processing payments.
• Conducts quarterly surprise audit of petty cash fund.
• Monitors and analyzes project expenses, inventory, payables, and assets.
• Oversees and reviews work of project accounting staff.
• Trains staff on AP, PR, PO, cash journals and journal entries.
• Coordinates with project control on revenue, billed/unbilled receivables.
• Prepares COC-JIP, JIP-Assets and actual cost analysis monthly.
• Prepares bank reconciliation statements monthly.
• Cascades compliance with accounting policies at the project.
• Ensures advances/down payments to suppliers are recouped on time.
• Reconciles inventory/assets vs SAP records.
• Ensures cash advances are recorded and liquidated on time.
• Prepares project close-out report.

Skills

Analytical thinking

Problem solving

Finance knowledge

Accounting knowledge

Taxation knowledge

MS Office

Education

Bachelor’s degree in Accountancy or related

Tools

SAP

Job description

Job Description

The Project Accountant (Non-CPA) provides management with accurate and complete project financial information including financial statements, variance reports, financial analyses and statistical reports; supervises compliance with all accounting and financial requirements of the management.

• Responsible for posting and reviewing of project transactions prior to processing of payments of all company obligations.

• Conducts surprise audit of petty cash fund every quarter.

• Responsible for monitoring and analyzing project related expenses, inventory, accounts payable, non-trade/ retention payables, advances/ down payment to suppliers, refundable transaction, payroll cost distribution, receivables and fixed assets.

• Participates in overseeing, prioritizing, assigning and reviewing the work of staff involved in project accounting.

• Trains project staff on how to record or transact AP, PR, PO cash journal, journal entries, GR/ GI, etc.

• Coordinates with project control division in relation with generated monthly revenue, billed receivables and unbilled receivables.

• Prepares COC-JIP, JIP- Assets and actual cost analysis during month-end.

• Prepares bank reconciliation statement every month.

• Cascade and implement strict compliance of all accounting related policies and guidelines at the project.

• Ensures advances/ down payment to suppliers are recoup on time.

• Reconciles actual inventory/ assets/ low value asset vs. SAP record.

• Ensures that cash advances are recorded and liquidated on time.

• Prepares project close-out report.

Job Requirements:

• Graduate of a Bachelor’s/ College degree in Accountancy, Management Accounting, Accounting Technology, Financial Accounting, Internal Audit

• FRESH GRADUATES OF BS ACCOUNTANCY ARE WELCOME TO APPLY

• Open for Non-CPAs

• Good in analytical and problem solving skills

• Knowledgeable in all fields of finance, accounting and taxation

• SAP user is an advantage

• Proficient in the use of MS Office operations (Excel, Word, PowerPoint)