Senior Accounting Officer

2 weeks ago

Manila, National Capital Region, Philippines KIMBERLAND CONSTRUCTION INC. Full time ₱80,000 - ₱120,000 per year

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We are seeking a highly skilled and detail-oriented Senior Accountant to join our finance team. The ideal candidate will be responsible for managing day-to-day accounting operations, ensuring accurate financial reporting, and supporting project-based cost accounting specific to the construction industry. This role plays a critical part in maintaining the financial health and integrity of the organization and supporting strategic decision-making.

Job Responsibilities:

1. General Ledger & Financial Reporting

  • Prepare and review monthly, quarterly, and annual financial statements.
  • Maintain and reconcile general ledger accounts, ensuring accuracy and compliance with accounting standards (IFRS or local GAAP).
  • Prepare and post journal entries, accruals, and adjustments.
  • Assist with month-end and year-end close processes.

2. Construction Project Accounting

  • Track and monitor costs for multiple construction projects.
  • Allocate costs by project, phase, cost code, and WBS (Work Breakdown Structure).
  • Reconcile project budgets against actual expenditures.
  • Work with project managers to prepare and analyze job cost reports and forecast profitability.
  • Ensure all billings and cost transfers are properly recorded.

3. Accounts Payable & Receivable Oversight

  • Oversee AP and AR processes, ensuring timely invoicing and payment collection.
  • Approve supplier invoices, subcontractor payments, and expense claims in coordination with procurement and project teams.
  • Monitor aging reports and follow up on outstanding receivables.

4. Budgeting & Forecasting

  • Assist in preparing the annual budget and periodic forecasts.
  • Track performance against budget and provide variance analysis reports.
  • Support financial planning and cash flow projections.

5. Compliance & Audit

  • Ensure compliance with tax regulations, including VAT/WHT filings and other statutory obligations.
  • Prepare audit schedules and coordinate with external auditors.
  • Maintain internal controls and support process improvements.

6. Payroll Support (if applicable)

  • Review and verify payroll data submitted by HR.
  • Ensure correct posting of payroll entries to the general ledger.
  • Reconcile payroll-related accounts.

7. Fixed Asset Management

  • Maintain fixed asset register and perform periodic asset counts.
  • Record asset additions, disposals, and depreciation entries.

8. Team Collaboration & Supervision

  • Supervise junior accountants and provide guidance as needed.
  • Collaborate closely with procurement, project management, HR, and site teams.
  • Provide financial insights and support to management and project stakeholders.
  • Perform other related tasks as may be assigned.

Requirements:

Education: Bachelor's degree in accounting, Finance, or related field (CPA, ACCA, or equivalent certification preferred).

Experience:

  • Minimum of 5 years of accounting experience, preferably within the construction or engineering sector. CPA is a plus.
  • Strong knowledge of construction accounting principles, project costing, and revenue recognition.
  • Familiarity with accounting and ERP systems (e.g., QuickBooks, SAP, Oracle, or construction-specific software like Sage 300 CRE, COINS, or Procore).
  • Advanced MS Excel skills (pivot tables, VLOOKUP, etc.).
  • Strong analytical, problem-solving, and communication skills.
  • Ability to work independently and meet tight deadlines.

Job Details:

  • Employment: Full Time (Probationary)
  • Location: Pedro Gil, Malate, Manila
  • HMO and Group Life Insurance

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