Accounting Specialist

JOB REQUIREMENTS:

• Bachelor's/College Degree in Accountancy, Financial Accounting, Managerial Accounting, Accounting Technology, or Internal Auditing related Course
• With at least 5 years of experience in accounting/finance, exposure to accounts receivable and/accounts receivable and accounts payable.
• Expertise in Project control
• Knowledgeable in BIR assessment
• Assistant Manager level
• Ability to troubleshoot issues, resolve discrepancies, and propose solutions to improve processes.
• Ability to analyze financial data, identify trends, and interpret audit findings.
• Proficiency in Microsoft Office applications (especially Excel) and familiarity with accounting software and POS systems.

DUTIES & RESPONSIBILITIES:

Responsible for assisting the Financial Controller in the efficient management of the company's overall accounting functions, paying particular attention to the maintenance of high accounting standards, management informatics, and controls consistent with the company's needs and statutory requirements.  Also responsible for all revenue received and dispersed in all departments under your supervision, supervising the closing of books at the end of the fiscal year, preparation of all financial reports and forecasts, and handling functions of the Finance Controller in his/her absence.

1. Ensure company's finances are managed according to local legislation, policies and procedures, and generally accepted accounting principles.
2. Use various financial management and revenue management skills to analyze performance results to identify profitability shortfalls or opportunities to increase revenues, reduce costs, improve overall profitability, and meet budget goals.
3. Maintain complete and current ledgers, journals, and other accounting records with utmost confidentiality.
4. Confirm Accounts Receivable and Payable periodically and that agree with control accounts.

5. Establish a proper system of storage for the accounting department, including limits of excess and confidentiality and other risk preventive measures.

6. Generate and distribute customer invoices promptly and accurately.

7. Record customer payments received via various channels (cash, credit cards, checks) and apply them to outstanding invoices.
8. Follow up on overdue accounts and facilitate collections through effective communication with customers.
9. Reconcile AR accounts regularly to ensure accuracy and resolve discrepancies promptly.

10. Prepare AR aging reports and assist in analyzing AR data for management review.

11. Conduct daily audits of retail sales transactions to ensure accuracy and compliance with company policies and procedures.

12. Verify sales data against transaction records, including POS (Point of Sale) systems and manual receipts.
13. Investigate discrepancies and resolve issues related to sales transactions, including refunds, voids, and discounts.
14. Collaborate with sales and operational teams to address any concerns or discrepancies identified during audits.

15. Prepare reports summarizing audit findings and recommendations for process improvements.

16. Maintain accurate and organized records of AR transactions, sales audits, and related documentation.

17. Ensure compliance with company policies, accounting standards, and regulatory requirements.