Senior Staff Accountant - Onsite (A-DI)

Sourcefit Philippines, Inc.; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

Sourcefit Philippines, Inc. seeks a Senior Staff Accountant to support corporate accounting in Manila or Cebu. You will handle cash reconciliations, balance sheet reconciliations, lease accounting under ASC 842, month-end close, journal entries, and financial reporting support, ensuring accuracy and timeliness in line with U.S.

GAAP. The role requires strong US GAAP knowledge, ERP experience (IFS, SAP, Oracle, NetSuite), and the ability to work independently while juggling multiple priorities in

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 4-6+ years of progressive accounting experience.
• Experience with lease accounting under ASC 842 strongly preferred.
• Experience working within a U.S. GAAP environment.
• ERP system experience (IFS, SAP, Oracle, NetSuite, or similar).
• Ability to work independently and manage multiple priorities.

Responsibilities

• Maintain lease accounting schedules and support documentation.
• Prepare monthly lease accounting entries (ROU asset amortization, lease liability, lease expenses).
• Assist with new lease onboarding and review of lease agreements.
• Update lease schedules for renewals, terminations, and modifications.
• Ensure ASC 842 compliance and company lease policies.

Skills

Independence & multitasking

ASC 842 experience

U.S. GAAP experience

ERP systems

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

IFS

SAP

Oracle

NetSuite

Job description

Position Summary

The Senior Staff Accountant is responsible for supporting the corporate accounting function through the preparation of cash reconciliations, balance sheet account reconciliations, lease accounting under ASC 842, month-end close activities, journal entries, and financial reporting support. This role will work closely with the Corporate Accounting team to ensure the accuracy, completeness, and timeliness of financial information while maintaining compliance with company policies and U.S. GAAP.

Job Details

• Onsite (Manila or Cebu)

• Monday to Friday, 9:00 AM to 6:00 PM Eastern Time

• To follow selected Philippine Holidays

Key Responsibilities

Lease Accounting (ASC 842)

• Maintain the company's lease accounting schedules and support documentation.

• Prepare monthly lease accounting entries, including:

  • Right-of-use (ROU) asset amortization

  • Lease liability amortization

  • Lease expense calculations

  • Lease modifications and remeasurements

• Assist with new lease onboarding and review of lease agreements.

• Update lease schedules for renewals, terminations, and modifications.

• Support compliance with ASC 842 lease accounting requirements and company lease policies.

Cash Accounting & Reconciliations

• Prepare and reconcile bank accounts and cash balances on a daily, weekly, and monthly basis.

• Investigate and resolve reconciling items, cash variances, and unreconciled transactions.

• Coordinate with treasury, AP, AR, payroll, and operational teams to resolve cash-related discrepancies.

• Maintain supporting documentation for all cash reconciliation activities.

• Assist with cash reporting and cash flow support schedules.

Balance Sheet Reconciliations

• Prepare monthly balance sheet account reconciliations for assigned accounts.

• Analyze variances and identify unusual or aged reconciling items.

• Research and resolve reconciliation differences timely.

• Maintain reconciliation schedules and supporting documentation in accordance with company policies.

• Ensure all assigned accounts are reconciled and certified within month-end close deadlines.

Month-End Close

• Assist with credit card administration and audit of expense reports

• Assist with monthly, quarterly, and annual close processes.

• Analyze account activity and investigate unusual fluctuations.

• Support preparation of financial statement schedules and management reporting packages.

Audit & Compliance Support

• Support internal and external audit requests.

• Maintain organized accounting documentation and workpapers.

• Adhere to established accounting policies and procedures.

Qualifications

Staff Accountant

• Bachelor's degree in Accounting, Finance, or related field.

• 4-6+ years of progressive accounting experience.

• Experience with lease accounting under ASC 842 strongly preferred.

• Experience working within a U.S. GAAP environment.

• ERP system experience (IFS, SAP, Oracle, NetSuite, or similar).

• Ability to work independently and manage multiple priorities.

Preferred Qualifications

• Experience supporting U.S.-based corporate accounting teams.

• Experience with shared service center or offshore accounting environments

• Construction, manufacturing, or multi-entity accounting experience