General Accounting Associate

Versa Innovations Corp. is a leading Philippine developer and provider of two-way radio communication systems and solutions, specializing in cutting-edge technology for security, corporate, and public safety industries.

The company pioneers innovative communication products like NetEdge - the first Push-to-Talk (PoC) Radio as a Service (RaaS) in the Philippines - designed to future-proof teams' communication needs without heavy upfront investments. Driven by customer obsession and continuous innovation, Versa serves as a trusted partner to premier security agencies and businesses across the country, enabling seamless, scalable communication solutions that grow with their operations.

Main Purposes of the Job:

Perform daily and monthly financial and accounting transactions using the Company's ERP system, and to manage and execute monthly reconciliations of balance sheet accounts, analysis of financial information, preparation of reports and tax returns, and assist the Manager in compliances and other reportorial requirements.

Duties and Responsibilities

Primary Responsibilities (For Assignment):

• Accounts Payables: Updates and monitor cash position reports by encoding the approved Check / Cash Vouchers with signed checks and posting of released checks daily. Maintains precise and accurate records of all payments. Work collaboratively with various departments to perform accounting audits. Assists in the releasing of payments to suppliers and/or providers; follow-ups official receipts for payments done via bank deposit (advance payments) and making sure that all documents required when releasing payment is complete. Posts payment journal (for local payments) in the system.
• Accounts Receivables: Processes accounts receivables and avenue collection functions, including preparing, printing, and posting sales documents (invoices, billing statements, receipts), and follow-up on outstanding invoices, and administering on the collection process. Performs transaction processing, relate to accounts receivable payments, revenue collections, and bank deposits. Prepares and compiles billing documentary requirements. Entry and posting of the Accounts Receivable in the accounting system of the company. Coordination of the Accounts Receivable report with other concerned departments. Checks and verifies correctness of possible collection as well as the corresponding withholding tax and its certificate.
• Accounts Reconciliation: Ensures accuracy in cash balancing calculations. Helps in reviewing the organization's bank accounts, checks, and balances as against amounts in the ledger. Monitor all daily banking activities such as the credits (ensures that all collections, payments are properly reflected in our Bank Account) and the debits (payments, CAs reconciled with the amount in our accounting records) in order to detect irregularities. Provide regular reconciliation and reports/documentation for the purpose of supporting all financial transactions. Maintain required files, reports, and data of all the financial and accounting transactions.
• Cash Advances Liquidations and Reimbursements: Monitors and updates the liquidation of Cash Advances. Prepares unliquidated Cash Advance reports. Process all request of Cash Advance provided it has complete attachments. Monitors and audits the liquidation of CA's and ensures that all employees with unliquidated CA's are given the right memo to strictly follow to policy.
• Assist in the replenishment of petty cash funds.

Secondary Responsibilities:

• Perform other functions that may be assigned from time to time.

Desired Qualifications

Work Experience: Working knowledge of the Accounting Cycle, ERP, and journal entries.

Level of Knowledge: College Graduate of Accounting and/or Finance.

Competencies:

• Core: Possesses attention to detail, ability to work in a fast-paced environment, and proactive problem-solving skills. Strong listening skills, seeks to understand, and has technical knowledge of financial and accounting matters. Committed to timely delivery, integrity, professionalism, and confidentiality. Maintains a clear understanding of responsibilities, goals, and metrics, recognizing the impact of their work on peers' success.
• Functional: Practical knowledge of accrual technique. Knowledge of Finance & Accounting systems and software (Odoo, QuickBooks, Netsuite). Expert knowledge of Excel.

Job Types: Full-time, Permanent

Pay: Php30, Php40,000.00 per month

Benefits:

• Company events
• Health insurance
• Life insurance
• Opportunities for promotion
• Paid training
• Pay raise
• Promotion to permanent employee

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 5 years (Required)

License/Certification:

• CPA (Preferred)

Work Location: In person