Accounting Officer

Iloilo City, Iloilo
Posted 7 days ago
Logo Fair Trade Outsourcing
Company:
Fair Trade Outsourcing
Company Description:
Fair Trade OutsourcingTM is a fast-growing BPO company and fair trade outsourcing center that provides impact sourcing work for companies worldwide. Our main office is in Philadelphia, Pennsylvania with a global network or delivery centers in the Philippines, Mexico and Ghana. In the Philippines, we already have four centers with more than a hundred employees in each site.
Contract Type:
Full Time
Experience Required:
2 years
Education Level:
Bachelor’s Degree
Gender:
Any
Number of vacancies:
1

Job Description

Fixed Assets Management

Maintain an accurate and up-to-date fixed asset register, tracking acquisitions, disposals, and transfers.
Oversee the capitalization of fixed assets and ensure proper classification.
Reconcile the asset register with the custodians' fixed assets inventory report
Monitor and record depreciation expenses in accordance with company policy and accounting standards.
Prepare fixed asset reports for management and auditors as needed.
Petty Cash Custodian

Manage the petty cash fund, ensuring that all transactions are properly recorded and substantiated.
Ensure proper authorization and disbursement of petty cash requests, adhering to company policies.
Conduct regular reconciliations of petty cash balances and submit reports for review.
Monitor cash flow within the petty cash fund, replenishing as necessary and keeping records of all activities.
Statutory Compliance

Ensure that all statutory requirements are met, including tax filings (e.g., VAT, withholding taxes), social security, and other government-mandated obligations.
Prepare and submit reports for regulatory agencies within the required timelines.
Maintain knowledge of changes in tax laws and regulatory requirements, updating procedures as necessary to ensure compliance.
Collaborate with external auditors and government agencies during audits, providing documentation and addressing queries.
Financial Analysis and Reporting

Assist in preparing and reviewing financial statements, including balance sheets, income statements, and cash flow reports.
Prepare journal entries, perform account reconciliations, and assist in month-end closing activities.
Analyze financial data to identify trends, variances, and areas for improvement.
Participate in the budgeting and forecasting process, providing relevant data and analysis.
Provide insights and recommendations for cost-saving opportunities and process improvements.
Assist in the preparation of financial reports for management.
Any additional duties or projects that may be assigned to support team objectives or organizational needs.

Requirements:

Educational Background

Bachelor’s degree in Accountancy
CPA certification preferred but not required.
Experience and Knowledge

Proven experience in accounting or finance
Strong understanding of basic accounting principles and tax laws
Technical Skills

Proficiency in using accounting software (e.g. QuickBooks) and spreadsheet applications (e.g., Microsoft Excel).
Soft Skills

Excellent organizational and time-management skills, with the ability to handle multiple responsibilities efficiently.
Proven ability to prioritize tasks, meet deadlines, and manage time effectively.
Strong analytical abilities to interpret financial data, identify trends, and address discrepancies.
Detail-oriented with the capacity to perform account reconciliations and financial analysis.
Excellent verbal and written communication skills for interacting with internal teams, external auditors, and regulatory bodies.
Flexibility to adapt to changing priorities and requirements.
Ability to handle ad hoc tasks as assigned.

Similar Jobs to Accounting Officer