Accounting Associate

7 days ago


Manila, National Capital Region, Philippines Private Advertiser Full time

Accounting Associate: Compile, review, document, and report financial information, ensuring accuracy and compliance with company policies and regulations.

The Accounting Associate will be responsible for the following tasks:

  • Commission Calculation and Verification:
    • Calculate commission amounts based on predefined commission structures and sales data.
    • Verify the accuracy of commission calculations, ensuring they align with company policies and agreements.
  • Disbursement Processing:
    • Prepare commission payment schedules, ensuring all necessary approvals are obtained.
    • Process commission payments through appropriate channels (e.g., direct deposit, checks).
    • Maintain accurate records of all commission payments and related transactions.
  • Reconciliation and Reporting:
    • Regularly reconcile commission payments with financial records to ensure accuracy and completeness.
    • Generate Accrual Reports related to commission expense and commission income.
    • Assist in internal and external audits by providing necessary documentation and explanations regarding commission disbursements.
  • Compliance and Controls:
    • Ensure that all commission disbursements comply with internal policies and external regulations.
    • Implement and maintain controls to prevent errors and fraud in commission calculations and payments.
    • Address and resolve any disputes or discrepancies related to commission payments in a timely manner.
  • Communication and Coordination:
    • Coordinate with sales teams, HR, and finance departments to ensure accurate and timely commission payments.
    • Respond to inquiries from sellers and brokers regarding their commission payments and provide necessary clarifications.
    • Maintain comprehensive and up-to-date documentation related to commission disbursement processes and policies.
  • System Management and Improvement:
    • Keep commission systems updated and aligned with changes in commission structures and company policies.
    • Identify opportunities to improve commission disbursement processes and implement best practices.

Job Qualifications:

  • Must be a BS Accountancy graduate.
  • Fresh graduates are encouraged to apply.
  • Keen to details.
  • Knowledge in Microsoft Office and SAP is an advantage.
  • Amenable to work onsite in Makati and/or Pasay.
  • Can start ASAP.

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