Accounting Analyst

Job Summary The Accounting Analyst will be responsible for ensuring accurate, timely, and efficient financial operations within a fast-paced food and beverage (F&B) environment. The role covers end-to-end accounting processes across accounts receivable, accounts payable, inventory and cost accounting, cash and general accounting, and financial/managerial reporting. He/She will contribute to maintaining compliance with internal controls, company policies, and statutory regulations while providing actionable financial insights to management. Key Responsibilities Accounts Receivable (AR) Prepare and issue accurate customer invoices on a timely basis. Record daily sales, collections, and deposits from various channels (store sales, delivery apps, online payments, etc.). \ Monitor overdue accounts, follow up on collections, and coordinate with operations or sales for resolution. Perform monthly reconciliations of AR balances with customer ledgers. Accounts Payable (AP) Verify the accuracy of supplier invoices against purchase orders, delivery receipts, and contracts. Process payments to vendors within agreed credit terms and ensure compliance with approval matrix. Maintain updated supplier records and track payment schedules. Reconcile AP balances with supplier statements to resolve discrepancies. Inventory & Cost Accounting Record and monitor inventory transactions, including receipts, transfers, spoilages, and wastages. Conduct periodic inventory counts (spot checks and monthly/quarterly physical counts) and reconcile with system records. Track cost of goods sold (COGS) and ensure proper costing of raw materials, packaging, and finished goods. Prepare variance analyses between standard cost and actual cost to support pricing and profitability reviews. Support pricing decisions and cost‑saving initiatives. Maintain cost standards and BOM accuracy. Ensure accurate valuation and reporting of inventory. Perform Month, Quarter and Year‑end Inventory Count. Cash & General Accounting Handle petty cash fund reimbursements and monitor proper liquidation of advances. Ensure timely and accurate recording of cash transactions, including deposits, withdrawals, and transfers. Reconcile bank statements with company records on a monthly basis. Prepare and post journal entries for various financial transactions Reconcile general ledger accounts and resolve discrepancies. Assist in month-end, quarter-end, and year-end closing procedures. Analyze financial data and generate reports for management. Monitor accruals, prepayments, and other adjusting entries. Financial Reporting Assist in the preparation of monthly, quarterly, and annual financial statements (Balance Sheet, Income Statement, Cash Flow Statement). Ensure reports are compliant with Philippine Financial Reporting Standards (PFRS). Support the Accounting Manager in consolidating reports for group‑level reporting when needed. Managerial Reporting Generate management reports such as budget vs. actual performance, variance analysis, and profitability by store or product line. Provide cost and expense trend analyses to aid decision‑making. Collaborate with operations, supply chain, and finance teams to provide accurate financial insights. Compliance Ensure proper documentation and safekeeping of accounting records for audit readiness. Support compliance with statutory requirements (BIR returns, SSS, PhilHealth, Pag-IBIG reporting, and other government regulations). Maintain adherence to company internal controls and accounting policies. Audit Support Prepare schedules, reconciliations, and supporting documentation required for internal and external audits. Address audit queries promptly and implement recommendations as necessary. Continuous Improvement Identify opportunities to streamline accounting processes and reduce manual work. Recommend improvements in internal controls and reporting accuracy. Assist in system implementation or upgrades (e.g., ERP or accounting software). Qualifications Bachelor’s degree in Accountancy, Finance, or related field. At least 1 year of relevant work experience in AR, AP, inventory & cost accounting, cash, general accounting, and reporting. Experience in the F&B, retail, or fast‑paced industry is an advantage. Knowledge of Philippine taxation, statutory reporting, and BIR compliance preferred. Proficient in Google Workspace (Sheets)l; familiarity with accounting software/ERP systems is a plus. Strong analytical, organizational, and time‑management skills. High attention to detail, accuracy, and ability to meet tight deadlines. Team player with good communication and interpersonal skills. #J-18808-Ljbffr