Project Accountant (Ormoc)

Meralco Industrial Engineering Services Corporation; Ormoc; On-site; PHP 240,000 - 360,000; Full time

Job summary

Meralco Industrial Engineering Services Corporation in the Philippines seeks a Project Accountant (Non-CPA) to provide management with accurate and complete project financial information, including financial statements, variance reports, financial analyses and monthly cost assessments.

The role posts and reviews project transactions, conducts quarterly petty cash audits, monitors expenses, inventories, payables, receivables and fixed assets, and supervises project accounting staff; on-site in

Qualifications

• Bachelor’s degree in Accountancy or related finance field.
• Fresh graduates welcome to apply.
• Open for Non-CPAs.
• Strong analytical and problem-solving skills.
• Knowledge of finance, accounting, and taxation.

Responsibilities

• Post and review project transactions before payments.
• Conduct quarterly petty cash audits.
• Monitor and analyze project expenses, inventory, payables, receivables and fixed assets.
• Oversee and review work of project accounting staff.
• Train staff on AP, PR, PO, GR/GI entries and related processes.
• Coordinate with project control on revenue, billed and unbilled receivables.
• Prepare cost analyses and month-end reports (COC-JIP, JIP-Assets).
• Prepare bank reconciliations monthly.
• Ensure compliance with accounting policies at the project site.
• Recoup advances/down payments to suppliers on time.
• Reconcile inventory/assets with SAP records.
• Prepare project close-out report.

Skills

Analytical skills

Problem solving

MS Excel

MS Word

Education

Bachelor’s/College degree in Accountancy

Tools

SAP

MS Office

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)

Employment Status: Project Hire

Work Location Available: Ormoc Leyte

Work Schedule: Mondays to Saturdays (8am - 5pm)

Work Set-up: On Site