Certified Public Accountant

Duties and Responsibilities

1. General Accounting and Bookkeeping

• Record daily financial transactions
• Maintain general ledger and subsidiary ledgers
• Reconcile bank and cash accounts
• Track accounts payable and accounts receivable
• Manage petty cash and disbursements

2. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements (per PFRS)
• Generate management reports (e.g., cash flow, income statement, balance sheet)

3. Tax Compliance (BIR)

• Prepare and file all required BIR tax returns:
• Monthly & Quarterly VAT and Withholding Taxes
• Quarterly & Annual Income Tax (1702)
• Ensure compliance with eFPS/eBIRForms deadlines
• Maintain and update tax books (e.g., Journal, Ledger, Cash Disbursement)

4. Payroll and Statutory Contributions

• Prepare monthly payroll and payslips
• Withholding tax on compensation (BIR 2316, 1601-C)

5. Regulatory Compliance

• Ensure timely submission of reports to:
• BIR, SSS, PhilHealth, Pag-IBIG
• SEC and/or LGU
• Renew business permits and update licenses
• Ensure compliance with the Philippine Accountancy Act and local regulations

6. Internal Controls and Financial Management

• Establish internal control systems for cash handling, procurement, etc.
• Implement expense tracking and approval processes
• Monitor budget vs. actual expenses

7. Liaising with External Parties

• Deal with banks for accounts, loans, or credit lines
• Work with legal or government offices when needed