Accounting Officer

1 week ago

Pasig, National Capital Region, Philippines Petrofreight Inc. Full time ₱900,000 - ₱1,200,000 per year

Job Qualifications:

  • Candidate must possess at least a Bachelor's/College Degree in Accountancy.
  • Must have 3-5 years of experience in General Accounting (Treasury, AR, AP, Bank Reconciliation, Inventory/Audit, Cost Management, BIR/Audit and Bookkeeping). Familiarity with fundamental accounting principles and practices is essential
  • Proficiency in using accounting software (SAP, Quickbooks) and spreadsheet applications, such as Microsoft Excel
  • Strong attention to detail is crucial for accuracy in recording and analyzing financial data.
  • Proficient in entering financial data into accounting software or databases accurately.
  • Capable of managing multiple tasks and deadlines efficiently.
  • Ability to analyze financial information and identify discrepancies or trends.
  • Effective time management skills to prioritize tasks and meet deadlines.
  • Strong mathematical skills are necessary for performing various calculations related to financial transactions.
  • Adherence to ethical standards and maintaining the confidentiality of financial information.
  • Ability to work collaboratively within a team and communicate effectively with colleagues.
  • Must have a knowledge and experience in preparing Financial Statements.
  • Must be willimg to work in Pasig

Job Description:

1. General Ledger Maintenance:

  • Record day-to-day financial transactions and complete the posting process.
  • Maintain and reconcile accounts, including accounts payable, accounts receivable, and general ledger entries.

2. Financial Reporting:

  • Preparation of financial statements, including balance sheets, income statements, and cash flow statements.
  • Prepare and submit monthly, quarterly, and annual financial reports to management.

3. Inventory Accounting:

  • Monitor and record inventory transactions related to raw materials, work-in-progress, and finished goods.
  • Reconcile inventory discrepancies and assist in physical inventory counts.
  • Physically participate in the actual inventory count conducted at Lube Oil Blending Plant & Warehouses (every Saturday)

4. Cost Accounting:

  • Support the costing process for products, including analyzing manufacturing costs, labor, and overhead.
  • Preparation of cost reports and variance analysis.

5. Accounts Payable/Receivable:

  • Process vendor invoices and ensure timely payment.
  • Monitor customer accounts and follow up on outstanding receivables.

6. Compliance and Audit Support:

  • Ensure compliance with company policies and accounting standards.
  • Handling all internal and external audits by providing necessary documentation and explanations.

7. Budgeting and Forecasting:

  • Support the budgeting and forecasting process by providing financial data and analysis.
  • Preparation of budget reports and variance analysis.

8. Tax Compliance:

  • Prepare and file tax returns, including VAT, income tax, and other statutory requirements.
  • Maintain accurate records for tax purposes and assist in tax audits.

9. Treasury Function

10. Ad Hoc Analysis:

  • Perform ad hoc financial analysis as required by management.
  • Provide insights and recommendations based on financial data.

Job Type: Full-time

Education:

  • Bachelor's (Required)

Work Location: In person

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