Accountant (Philippines)

ABOUT THE COMPANY

Elogio Asia is a premier distributor of medical aesthetic devices and derma care products across Southeast Asia, with its headquarters in Singapore and offices in Malaysia, Indonesia, the Philippines, Thailand, Vietnam, and Australia. Established in 2003, Elogio Asia is known for its robust distribution strategy, diverse product offerings, and innovative marketing programs. As the sole distributor of high-quality and reputable products from the US, UK, Germany, Korea, France, and Italy, the company continues to grow its presence in the Asia-Pacific region. Elogio Asia is committed to delivering excellence and adding value to its partners and clients.

JOB DESCRIPTION

The Accountant is responsible for managing the full spectrum of accounting and finance functions of Elogio Asia Philippines Inc. This includes maintaining accurate books of accounts, ensuring compliance with Philippine statutory requirements, and supporting business operations through timely financial reporting and analysis. The role requires hands-on involvement in daily accounting activities, tax compliance, and coordination with external auditors and government agencies.

Key Responsibilities

1. General Accounting & Bookkeeping

• Maintain complete and accurate books of accounts in compliance with Philippine Financial Reporting Standards (PFRS).
• Handle day-to-day accounting functions including accounts payable, accounts receivable, general ledger, and bank reconciliations.
• Ensure proper documentation and filing of all financial transactions.

2. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Ensure timely submission of management reports to regional HQ.
• Assist in variance analysis and provide insights on financial performance.

3. Tax Compliance

• Prepare and file tax returns (VAT, withholding taxes, income tax, etc.) in compliance with Bureau of Internal Revenue regulations.
• Ensure timely submission of BIR requirements
• Coordinate with external tax consultants and handle BIR audits or inquiries.

4. Statutory & Regulatory Compliance

• Ensure compliance with reportorial requirements of Securities and Exchange Commission and other relevant agencies.
• Prepare and submit AFS (Audited Financial Statements).
• Maintain compliance with local permits, licenses, and registrations.

5. Audit Coordination

• Assist in external and internal audits by preparing schedules and supporting documents.
• Address audit findings and implement corrective actions.

6. Budgeting & Forecasting

• Assist in the preparation of annual budgets and financial forecasts.
• Monitor actual performance against budget and report variances.

7. Cash Flow & Treasury

• Monitor company cash flow and ensure availability of funds for operations.
• Prepare cash flow forecasts and manage bank transactions.

8. Process Improvement & Systems

• Recommend improvements in accounting processes and internal controls.
• Support ERP or accounting system implementation and enhancements.

Qualifications:

• Bachelor's degree in Accountancy, Finance, or any related field
• At least 2 years of relevant accounting experience, preferably in a corporate or distribution environment
• Strong knowledge of Philippine accounting standards (PFRS) and tax regulations under the Bureau of Internal Revenue
• Experience in handling statutory compliance and reportorial requirements with the Securities and Exchange Commission is an advantage
• Proficient in using Xero accounting software
• Proficient in Microsoft Excel and other MS Office applications
• High attention to detail and accuracy
• Strong analytical and problem-solving skills
• Ability to work independently and meet deadlines