Senior Accounting Staff

Instalimb Solutions Philippines Inc.; Makati; On-site; PHP 500,000 - 700,000; Full time

Benefits offered by this job

13th Month Pay

Paid Holidays

Health Insurance

Job Training

Maternity & Paternity Leave

Sick Leave

Vacation Leave

Job summary

A leading financial services provider in Makati seeks a Senior Accounting Staff member to oversee financial activities. This role requires a Bachelor's degree in accounting and over 3 years of relevant experience. Responsibilities include payment processing, bank reconciliations, and preparing financial statements. The ideal candidate possesses strong analytical and organizational skills, ensuring accurate financial reporting and compliance with regulations. This is a full-time on-site position offering government-mandated benefits and opportunities for professional development.

Qualifications

• 3+ years of experience in accounting and/or finance roles.
• Sound knowledge of accounting principles, practices, standards, laws and regulations.
• Strong attention to detail and accuracy.
• Excellent organizational and time management skills.

Responsibilities

• Manage financial activities and oversight within the organization.
• Process payments and reimbursements ensuring compliance with protocols.
• Prepare daily cash position reports and verify cash transactions.
• Perform bank reconciliations and manage accounts receivable.
• Assist in the preparation of financial statements and audits.
• Manage accounts receivable and monitor collections.
• Monitor issuance of sales invoices and ensure timely payments.
• Prepare management variance reports for review by Accounting Manager.
• Assist in income statement, balance sheet, and cash flow reporting and in year-end closing.

Skills

Attention to detail

Organizational skills

Time management

Analytical skills

Education

Bachelor's degree in accounting

Job description

On-site - Makati 3-5 Yrs Exp Bachelor Full-time

Job Description

Employee Recognition and Rewards

Incentives

Government Mandated Benefits

13th Month Pay, Paid Holidays

Insurance Health & Wellness

HMO

Professional Development

Job Training

Maternity & Paternity Leave, Sick Leave, Vacation Leave

Position Summary:

· The Senior Accounting Staff will play a key role in overseeing and managing the financial activities of the organization. This position requires a strategic thinker with strong analytical skills and a deep understanding of financial principles. The Senior Accounting Staff will collaborate with various departments to ensure accurate financial reporting, budgeting, and compliance with relevant regulations.

Responsibilities:

• · The Senior Accounting Staff isresponsibletocarryoutaccounting and finance department duties as follows:
• Payment Processing: Process and execute authorized payment/purchase requests, reimbursement and liquidations thru electronic payment means in compliance with internal controls and protocols.
• Cash Transactions: Verify the completeness and accuracy of all incoming and outgoing cash transactions against the General Ledger (GL) to ensure correct recording and classification.
• Daily Cash Position Report: Prepare and distribute the consolidated daily cash position report, accurately tracking balances across all corporate bank accounts.
• Daily Journal Entries: Monitor the recording of daily transactions (sales, purchases, expenses, etc.) and ensure the entries are correct and use appropriate accounts.
• Bank Reconciliation: Perform complex bank reconciliations for all accounts daily and monthly, identifying and resolving all discrepancies, unidentified credits, and unexplained variances promptly.
• Accounts Receivable Management: Manage outstanding accounts receivable and sales invoices, monitor collection status, and confirm payments.
• Invoice Issuance: Monitor the issuance of sales invoices to clients for sales or services, and ensure payment is made within the due date. Ensure that all details are correct and amounts are properly accounted for.
• Monthly Account Analysis: Prepare management reports and variance reports for review of the Accounting Manager and for submission/report to Management.
• Assist the Accounting Manager in the preparation of Income Statement, Balance Sheet and Cash Flow Reports. Provide justifications for variances and unusual increases or decreases on accounts.
• Annual Closing: Assist the Accounting Manager in the closing of books and transactions for the entire year, prepare final financial statements (income statement, balance sheet, cash flow statement, etc.), and prepare documents for external audits and submission to tax authorities.

Requirements:

· Bachelor's degree in accounting.

· More than 3 years of experience in accounting and/or finance roles

· Sound knowledge of accounting principles, practices, standards, laws and regulations.

· Strong attention to detail and accuracy.

· Excellent organizational and time management skills.