Muntinlupa, Metro Manila·Full Time
The Accounting Associate role ensures accurate recording of financial transaction, timely processing of payables & receivables, proper documentation, and compliance with company policies and regulatory requirements. Need to maintain accurate financial records and supporting the month-end and year-end closing processes. Knowledgeable in different responsibilities as below: I. General Accounting & Bookkeeping - Record daily financial transaction - Prepare and post journal entries, including accruals and adjustments. - Maintain and reconcile general ledger accounts - Assist in monthly, quarterly, and annual closing activities. - Ensure proper classification of expenses and revenues. -Maintain accurate subsidiary ledgers and reconcile them to the general ledger. II. AR and AP - Process vendor invoices and ensure proper documentation and approvals - Prepare payment vouchers and coordinate scheduled disbursements. - Monitor A/P aging and ensures timely payments. - Reconcile vendor statements and resolve discrepancies. - Maintain updated vendor files and records. - Prepare and issue customer invoices accurately and on time. - Record collections and supply payments to customer accounts. - Monitor A/R aging and follow up on overdue accounts. - Reconcile customer accounts and resolve billing issues. - Assit in revenue recognition processes in accordance with accounting standard. IV. Bank & Cash Reconciliation - Perform monthly bank reconciliations. - Monitor daily cash transactions and report discrepancies. - Record fund transfers and other treasury-related transactions. - Assist in monitoring cash flow and preparing cash reports. V. Payroll Support - Assist in payroll preparation and verification of timesheets. - Ensure proper recording of payroll-related entries. - Maintain payroll documentation and records. - Support compliance with payroll tax statutory requirements. VI. Tax & Compliance - Assist in preparation of tax filing (e.g., VAT, withholding tax, etc.). - Prepare schedules and supporting documents for tax reporting. - Ensure compliance with company policies and regulatory requirements. - Support internal and external audit requirements. VII. Documentation & Record Keeping - Maintain organized and complete accounting files and records. - Ensures proper documentation for all financial transactions. - Safeguard confidential financial information. - Assist in updating accounting procedures and documentations. VIII. Process Improvement & System Support - Identify process gaps and recommend improvements. - Ensure accurate data entry into accounting systems. - Support ERP/ accounting system updates and testing. - Assist in implementing internal control procedures.
