General Accounting Assistant

Job Purpose

Assistance in the day-to-day financial operations/activities in Corporate Finance carrying out accounting and timely and accurate accounting records towards a credible and reflective financial representation of the company.

Fixed-term: 1 year

Experience:

Minimum of two [2] years' experience in Accounts Payable, Accounts Receivable, and General Accounting

Proficient in MS Office applications (Word, Excel and PowerPoint)

Knowledge in Oracle System would be an advantage

Education
:

Bachelor's degree in Accountancy

Certified Public Accountant (CPA) Preferred

Accountability

(Main responsibility of the position that is unique from others)

Ensures complete and accurate recording of financial transactions and records compliant to Company Policies, Accounting and Financial Reporting Standards and Regulatory requirements.

Analyzes financial transactions needed for business decision making.

Duties and Responsibilities

(General Tasks in achieving the accountabilities)

The Responsibilities associated with this position include:

1. Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling

transactions; resolving discrepancies.

• Prepares and analyzes cash in bank balances and maintains monthly reconciliation against Bank Statements of Passbook

• Analyzes and monitors intercompany balances, employee advances and all other assigned schedules

• Analyzes other Balance Sheet and Profit & Loss account balances and ensures accuracy of transactions, balances and reconciling entries

• Ensures immediate disposition of all reconciling items; errors should be reported immediately to the erring parties for correction and/or info

• Communicates with concerned Department for any deviation from Company's policies; responds to inquiries

2. Assists in the monthly closing of books.

• Ensures that procedures in the closing of Fixed assets and General Ledger modules of all the entities are carried out properly

• Helps in the timely recording of necessary accruals and adjusting entries

• Helps ensure completeness of records prior to finalization of financials

• Assists in the preparation of monthly financial statements

• Initiates and recommends solutions for any issues that will be encountered during the closing activities

4. Helps prepare required schedules needed by Internal & External audits and BIR audits; responds to queries of auditors as necessary

5. Helps facilitate the timely completion of the Audited Financial Statements (AFS)

6. Performs other tasks that may be assigned by the immediate superior

Reports to:
Sr. Accountant

Position Requirements

Skills:

Knowledge of personal computer operating systems; MS Office and related hardware, software and peripherals.

Skill in understanding and following written and oral instructions; effective oral and written communications; handling multiple tasks simultaneously and meeting working deadlines; establishing and maintaining effective working relationships with internal and external customers.

Technical Competencies:

Accounting Standards

Knowledge of generally accepted accounting principles (GAAP), concepts and practices and financial reporting standards and regulations that are relevant to the recognition of transactions, analysis and reporting of financial data through established policies, procedures and controls

Financial Audit

Subscribes to, manages and ensures compliance to the examination on fair presentation of financial statements and records in accordance with GAAP and applicable government and industry regulations (external audit) or to the evaluation of adequacy of the company's internal control structure (internal audit) conducted with a high level of ethical standards

General Accounting

Ability to gather, process and record the company's financial transactions, in accordance with generally accepted accounting principles (GAAP)/company policies and procedures, and to prepare and present financial reports to be used by stakeholders