Senior Accountant (Start ASAP)

Cagayan State University; Makati; On-site; PHP 360,000 - 520,000; Full time

Job summary

A state university in the Philippines is seeking a qualified financial officer to oversee financial reporting and management tasks. The candidate will ensure compliance with accounting standards and relevant government agencies while maintaining accurate financial records. Key responsibilities include timely reporting, cash management, and filing of required documents. This position offers an opportunity to play a crucial role in the university's financial health and accountability.

Responsibilities

• Ensure timely release and presentation of financial reports to stakeholders.
• Assist in maximizing working capital and cash.
• Ensure all accounts are updated.
• Prepare reports needed by management.
• Review transactions to ensure accuracy before posting
• Filing and safekeeping of year-end working papers and updating permanent files

Job description

Essential duties

• To ensure timely release and presentation of fair financial reports to its stakeholders - management, government agencies such as the BIR, SEC, SSS, HDMF,
• To assist in maximizing working capital and cash
• To ensure all accounts are updated
• To assist in the preparation of reports needed by the management

Specific functions

• Financial reporting
• Financial management
• Ensuring correct reports and compliance with accounting standards
  • Bank reconciliation
  • Short-term or long-term cash investment
  • Due to/from related parties
  • Prepayments and other current assets
  • Other non-current assets - deposits, deferred tax assets
  • Investment properties
  • Property and equipment
  • Investment in shares of stocks
  • Investment in subsidiaries
• Compliance with government agencies
  • BIR - Income tax
  • BIR - EWT
  • BIR - VAT
  • BIR - WHT COMPENSATION
  • BIR - others
• Review function
• To ensure all transactions recorded from all source documents are reviewed prior to posting
• To ensure that all transactions are posted every cut off period
• Filing of documents
  • Updating of permanent files for deposit documents
  • Updating of permanent files - ITR, FS received by SEC, GIS, AOI and by Laws
  • Filing and safekeeping of year-end working papers