Accounting Staff
2 weeks ago
On-site - Pasig 1-3 Yrs Exp Bachelor Full-time
Job DescriptionDescriptionGeneral Accounting Functions
- Confers with immediate superior on specific tasks to be accomplished for the day, helping identify those in the team requiring immediate assistance.
- Helps post payables and receivables in their respective accounting ledgers or accounts in the accounting system to facilitate completion of the transaction.
- Complies with standard accounting procedures in A/R by completing the documents supporting records before the release of checks to suppliers.
- Settles company's liabilities on time by keeping the suppliers informed on the status of their transactions.
- Records monthly revenues, expenses and accounting activities of the organization; performing monthly reconciliations of bank statements and other accounting records ensuring the resolutions of any discrepancies thereon.
- Provides assistance to other accounting team members whose report deadlines are fast approaching and reports are to be submitted for immediate management decision.
- Performs other functions which may be assigned by the immediate superior from time to time.
Accounts Payable Functions
- Matches purchase orders information and receiving report with supplier's billing/invoices and if necessary reconciles information prior to preparation of check payment documents.
- If necessary, verifies receipt of materials or services/confirmation of receipt of materials or services before making any further processing.
- Requests for supporting documents or additional information for transactions that will require further validation or verifications.
- Enters invoices in accounting system for payment ensuring correct approval, coding and matching.
- Prepares check vouchers form by inputting the appropriate data on the form before forwarding to superiors for checking and approval.
- Maintains accounting ledger by verifying and posting account transactions.
- Verifies vendor accounts by reconciling monthly statements and related transactions.
- Maintains historical records of files and documents both in hard and soft copy format.
- Prepares various reports e.g. Aging of Payables based on available raw data on hand.
Accounts Receivable Functions
- Posts customer payments by recording cash, check and credit transactions into their appropriate ledger.
- Posts revenues by verifying and entering transactions into its proper journal and ledgers.
- Reconciles, verifies and validates account discrepancies by obtaining and investigating information from sales, trade sales promotions, customer service department and from customers.
- Resolves collections by examining customer payment plans, payment history, credit line, coordinating contact with collection department.
- Summarizes receivables by maintaining invoice accounts, coordinating monthly transfers to accounts receivable; verifying totals and prepare various monthly reports.
- Prepares various reports pertinent to specific functions e.g. Receivable aging.
- Makes recommendations as to possible write-off, after exhaustive analysis and exploring all other options.
- Graduate of BS in Accountancy
- 1-3 Yrs Work Experience
- With CPA License is a plus
- Knowledgeable with SAP System
- Can start ASAP
Assign Location: Foremost Farms, Inc. - 448 Evangelista St. Brgy. Santolan Pasig City
Working LocationForemost Farms Incorporated. 448 Evangelista St, Pasig, 1600 Metro Manila, Philippines
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