Accountant & Payroll and Compliance Specialist

Overview

Accountant & Payroll and Compliance Specialist to join our growing team. This role will be responsible for managing day-to-day accounting functions, overseeing payroll processing, and ensuring compliance with local tax laws and government regulations in the Philippines. The ideal candidate will have a strong understanding of Philippine accounting standards, payroll systems, and the regulatory environment, including compliance with BIR, SEC, DTI, and other relevant agencies on behalf of the company.

Accounting

• Prepare and maintain accurate financial records, including general ledger entries, journal entries, and account reconciliations.
• Monitor and track company expenditures to ensure compliance with budgetary constraints.
• Assist in the preparation of financial statements (Balance Sheet, Profit and Loss, Cash Flow Statements) in accordance with Philippine Financial Reporting Standards (PFRS).
• Ensure timely and accurate month-end and year-end close processes.
• Prepare and submit tax reports including VAT, withholding tax, and income tax returns.
• Collaborate with the team for auditing and ensure all documents are available for review.

Payroll

• Process accurate and timely payroll for all employees in compliance with Philippine labor laws (Labor Code, SSS, PhilHealth, Pag-IBIG).
• Compute and ensure proper deductions for taxes, SSS, PhilHealth, Pag-IBIG, and other employee benefits.
• Manage employee benefits such as leave accruals, overtime, and bonuses.
• Maintain payroll records and issue payslips to employees.
• Ensure compliance with government-mandated benefits, including contributions to SSS, Pag-IBIG, PhilHealth, and tax withholdings.
• Coordinate with HR and management to update payroll information and resolve payroll discrepancies.

Compliance

• BIR (Bureau of Internal Revenue): Prepare and file all tax-related reports and documents to ensure compliance with Philippine tax laws, including BIR Form 1601C, 1601E, 1604CF, and others. Ensure timely payment of income tax, VAT, and other taxes.
• SEC (Securities and Exchange Commission): Ensure the company’s compliance with SEC regulations, including filing of annual financial statements, amendments to corporate documents, and other SEC reports as required.
• DTI (Department of Trade and Industry): Ensure that the company maintains compliance with DTI requirements for business registration and other business-related documents. File necessary updates and renewals for permits and business registrations.
• Ensure the company complies with other local government regulations and mandates, such as SSS, Pag-IBIG, PhilHealth, and LGU requirements.
• Stay updated on changes in tax laws, labor laws, and other relevant government policies affecting payroll, taxation, and benefits.
• Support the company in internal and external audits, ensuring proper documentation and compliance with laws and regulations.
• Assist in implementing and updating internal controls and processes related to payroll and compliance.

Additional Responsibilities

• Provide support to the Finance and HR departments in resolving any financial or payroll-related issues.
• Assist in the preparation of financial reports and budget forecasts as needed.
• Participate in continuous improvement initiatives to streamline accounting, payroll, and compliance processes.
• Perform other tasks as assigned by the related departments or management.

Qualifications

• Education: Bachelor’s degree in Accountancy, Finance, or related field.
• Experience: Minimum of 2 years of experience in accounting, payroll processing, and compliance management, preferably in a Philippine-based company.
• Technical Skills:
• Proficiency in accounting software (e.g., QuickBooks, Xero, or similar).
• Strong knowledge of Microsoft Excel (pivot tables, VLOOKUP, etc.).
• Experience with government portals for SSS, PhilHealth, Pag-IBIG, BIR, SEC, and DTI submissions.
• Knowledge & Skills:
• Strong understanding of Philippine labor laws and tax regulations.
• Knowledge of the requirements and filing processes for BIR, SEC, and DTI.
• Detail-oriented with the ability to manage multiple tasks and deadlines.
• Strong organizational and time management skills.
• Excellent communication skills, both written and verbal.
• Ability to work under pressure and resolve issues in a timely manner.

• Entry level

• Full-time

• Human Resources

• Outsourcing and Offshoring Consulting