Accounting Assistant
Quezon City, National Capital Region
Posted today
- Company:
- Insular Oil Corporation
- Company Description:
- Insular Oil Corporation (IOC) is a local player in the Philippine petroleum industry. Incorporated in 2002, it is one of the largest import-receiving facility of fuel products, servicing the storage and terminal requirements of prominent industry players. Over the years, it has evolved and expanded its operations to the distribution of imported refined petroleum products channeled via its various ports in strategic locations allowing efficient operations and servicing a growing number of industrial accounts all over the country. Insular Oil Corporation continuously aims to be a valuable partner for all industries nationwide.
- Contract Type:
- Full Time
- Experience Required:
- 1 year
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 5
Job Description
-BS Accountancy graduate is preferred but completer of any Business course can be considered.
-Good knowledge of MS Office applications specially MS Excel.
-Knowledgeable of basic accounting.
-Willing to render overtime if needed, especially during month end.
-With SAP experience is an advantage.
-Can start immediately.
Main Duties and Responsibilities:
ACCOUNTS PAYABLE:
1. Review the completeness & accuracy of the attachment of the request for payment of the admin & operations department.
2. Preparation of accounts payable vouchers in SAP system.
3. Perform cash count report of the revolving fund & petty cash.
4. Checking of petty cash & revolving fund liquidation/reimbursement.
5. Monitoring of Cash Advances of the employees.
6. Monitoring of Communication Expense of the employees.
7. Maintain accounts payables vouchers files of the suppliers/contractors.
8. Preparation of manual capex monitoring ledgers.
ACCOUNTS RECEIVABLE:
1. Preparation of billing statement in SAP system.
2. Record in the system the received creditable withholding tax from customers, if any
3. Maintain accounts receivables files and service income records.
4. Forward to operations head report of uncollected AR
5. Coordinate with treasury assistant regarding the incoming payment of the customers.
6. Reconciliation of output vat at the end of the month versus the actual payment made by the customers.
TREASURY:
1. Preparation of disbursement vouchers & checks for non-operating company
2. Preparation of Daily Cash Report (DCR).
3. Updating bank passbook & signatories.
GENERAL ACCOUNTING:
1. Assist in preparation of financial statements and timely preparation of bank reconciliation.
2. Analyzing accounts payable & receivable data entry and recording results
3. Witnessed during physical inventory count, if necessary.
4. Assisting in month-end and year-end closing
GOVERNMENTAL:
1. Encoding of BIR RELIEF of Sales & Purchases monthly.
2. Encoding of alpha list of expanded withholding tax.
3. Writing in the manual books of accounts.
- Salary:
- ₱20,000.00 Monthly
