Project Accountant

24 hours ago


Pasig, National Capital Region, Philippines Meralco Industrial Engineering Services Corporation Full time $40,000 - $60,000 per year

Job Description

The Project Accountant (Non-CPA) provides management with accurate and complete project financial information including financial statements, variance reports, financial analyses and statistical reports; supervises compliance with all accounting and financial requirements of the management.

  • Responsible for posting and reviewing of project transactions prior to processing of payments of all company obligations.
  • Conducts surprise audit of petty cash fund every quarter.
  • Responsible for monitoring and analyzing project related expenses, inventory, accounts payable, non-trade/ retention payables, advances/ down payment to suppliers, refundable transaction, payroll cost distribution, receivables and fixed assets.
  • Participates in overseeing, prioritizing, assigning and reviewing the work of staff involved in project accounting.
  • Trains project staff on how to record or transact AP, PR, PO cash journal, journal entries, GR/ GI, etc.
  • Coordinates with project control division in relation with generated monthly revenue, billed receivables and unbilled receivables.
  • Prepares COC-JIP, JIP- Assets and actual cost analysis during month-end.
  • Prepares bank reconciliation statement every month.
  • Cascade and implement strict compliance of all accounting related policies and guidelines at the project.
  • Ensures advances/ down payment to suppliers are recoup on time.
  • Reconciles actual inventory/ assets/ low value asset vs. SAP record.
  • Ensures that cash advances are recorded and liquidated on time.
  • Prepares project close-out report.

Job Requirements:

  • Graduate of a Bachelor's/ College degree in Accountancy, Management Accounting, Accounting Technology, Financial Accounting, Internal Audit
  • FRESH GRADUATES OF BS ACCOUNTANCY ARE WELCOME TO APPLY
  • Open for Non-CPAs
  • Good in analytical and problem solving skills
  • Knowledgeable in all fields of finance, accounting and taxation
  • SAP user is an advantage
  • Proficient in the use of MS Office operations (Excel, Word, PowerPoint)

Employment Status: Project Hire

Work Location Available: Pasig (Head Office)

Work Schedule: Mondays to Saturdays (7am – 4pm)

Work Set-up: On Site


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