Finance Associate

5 days ago


Manila, National Capital Region, Philippines PURPLEBUG INC. Full time

Job Overview

The Finance Associate must be detail-oriented who will mainly assist the Finance Manager with day-to-day activities and financial procedures related to accounts receivable, accounts payable, and tax and compliance. He/She will be involved primarily in the objective of the role below.

Job Requirements

  1. Graduate of Bachelor's degree in Business, Accounting, Finance, or a related field.
  2. At least one (1) year of experience.
  3. Excellent analytical, critical thinking, and problem-solving skills with attention to detail.
  4. Strong communication and interpersonal skills to effectively liaise with customers.
  5. Proficient in using financial software (Xero Accounting) and Microsoft Office applications.
  6. Knowledge in bookkeeping, accounting principles, and procedures.
  7. Can work under minimal supervision.
  8. Can start ASAP.
  9. Willing to work on a hybrid work set-up.

Job Description:

Accounts Receivable:

  1. Support the company in optimizing financial transactions by performing reconciliation of payments and customer accounts.
  2. Communicate discrepancies to the management team, identify slow-paying customers, and recommend collection candidates.
  3. Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts.
  4. Assist in streamlining the accounts receivable process by identifying areas for performance improvement.
  5. Exercise integrity and confidentiality in financial reporting and comply with national and local financial requirements.

Accounts Payable:

  1. Support the company in optimizing its financial transactions and systems.
  2. Strengthen and grow relationships with vendors and suppliers through timely payments.
  3. Assist in streamlining and improving the accounts payable process.
  4. Exercise integrity and confidentiality in financial reporting.
  5. Comply with national and local financial regulations.

Tax and Compliance:

  1. Preparation, filing, and payment of all corporate monthly, quarterly, and annual tax returns and supporting schedules which include, among others, Value Added Tax, Withholding Tax (Compensation & Expanded), DST, and other tax returns that arise during business through EFPS.
  2. Preparation and submission of schedules (Alphalist & Relief).
  3. Preparation of employee Certificate of Compensation Payment/Tax Withheld (2316).
  4. Ensures compliance with BIR's tax mapping requirements.
  5. Respond to BIR letters of notices and findings.
  6. Provide assistance in the handling of BIR examinations (e.g., tax planning, claim for refund, and tax due diligence projects).
  7. Ensure that the company adheres strictly to tax laws and regulations.

Audit and Compliance:

  1. Deal with consultants and auditors to ensure resolution of audit issues.

Permits & Licenses:

  1. Handle application and renewal of business permits, tax clearances, PhilGEPS, and other reportorial requirements as needed.
  2. Handle preparation, application, and monitoring of the company's roadmap for listing with PSE and IPO documentation.
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