About Lifesports Inc.:
Lifesports Inc. was established with a clear purpose in mind: to promote sports, wellness, and a healthy lifestyle. We aim to elevate the standard of sporting goods products in the industry while delivering world-class customer service.
With over 70 years of experience, Lifesports Inc. has emerged as one of the big names in bringing in sporting goods brands in the country. We're constantly adapting to the market by leveraging new technologies for our products and finding ways to reach more people across geographies.
Working with Lifesports Inc. means getting to know the company's number one driving force: our people. We love to unlock our employees potential, never settling for what you already know. If you're someone who shares the same can-do attitude, respect for others, dedication, and passion for excellence, this opportunity could be a great fit for you!
Job Summary:
The Accounting Manager at Lifesports Inc. is responsible for overseeing the company's overall accounting operations, financial reporting, tax compliance, and internal controls. The role focuses on ensuring accurate financial records, managing AP/AR processes, supervising payroll and government compliance, and providing financial analysis and operational support to help drive business efficiency and informed management decisions.
Qualifications:
- Bachelor's degree in Accountancy, Finance, Business Administration, or a related field.
- Certified Public Accountant (CPA) is required.
- Minimum of 5 years of experience in a managerial accounting role, with proven experience leading and developing an accounting team.
- Strong background in Accounts Payable (AP), Accounts Receivable (AR), General Ledger, Financial Reporting, Cash Flow Management, and BIR Tax Compliance.
- In-depth knowledge of Philippine accounting standards, tax regulations, and BIR filing and reporting requirements.
- Advanced proficiency in Microsoft Excel and financial reporting tools.
- Experience using Odoo or other ERP/accounting systems is an advantage.
- Strong leadership, analytical, and decision-making skills with the ability to manage multiple priorities and meet deadlines.
- Excellent written and verbal communication skills in English.
- Highly detail-oriented with a strong commitment to accuracy, data integrity, and confidentiality.
- Able to work effectively under pressure with minimal supervision while maintaining professionalism and sound judgment.
- Experience in corporate or commercial accounting is preferred; candidates with a purely external audit background are less preferred.
- Experience in the consumer goods, retail, or e-commerce industry is an advantage.
Duties and Responsibilities:
Financial Management and Reporting
- Oversee the company's general ledger, trial balance, and preparation of adjusting journal entries.
- Prepare accurate monthly, quarterly, and annual financial statements, including Profit and Loss, Balance Sheet, and Cash Flow reports.
- Analyze financial performance and provide reports and recommendations to support management decision-making.
- Ensure the accuracy, completeness, and integrity of all financial records.
- Develop budgets, forecasts, and financial projections.
Accounts Payable and Accounts Receivable Management
- Supervise the Accounts Payable and Accounts Receivable functions, ensuring timely and accurate processing of payments and collections.
- Review and approve check vouchers, payment requests, and bank transactions.
- Monitor customer collections, supplier payments, and aging reports to maintain healthy cash flow.
- Review sales and purchase transactions and ensure proper recording of output and input VAT.
Banking and Treasury
- Oversee bank reconciliations and monitor cash balances and banking activities.
- Manage company loans, credit facilities, promissory notes, and other banking transactions.
- Ensure proper documentation of deposits, check issuances, and treasury-related records.
Tax Compliance and Regulatory Reporting
- Ensure full compliance with BIR regulations, Philippine tax laws, and statutory reporting requirements.
- Oversee the preparation, review, and timely filing of VAT, Withholding Tax, Corporate Income Tax, and other required tax returns.
- Manage BIR forms, Alpha Lists, VAT Relief submissions, Annual Financial Statements, Income Tax Returns (ITR), General Information Sheet (GIS), Business Permit renewals, and other government compliance requirements.
- Maintain the company's Books of Accounts and ensure audit-ready documentation.
Payroll and Government Contributions
- Review payroll computations, timekeeping records, and payroll documentation for accuracy.
- Ensure timely processing and remittance of SSS, PhilHealth, Pag-IBIG, and applicable government contributions and taxes.
Leadership and Internal Controls
- Lead, supervise, and develop the Accounting team to ensure operational efficiency and compliance.
- Establish, implement, and continuously improve accounting policies, internal controls, and financial procedures.
- Ensure proper documentation, record retention, and safeguarding of financial and regulatory documents.
- Present financial reports, analyses, and management recommendations.
Operational Support
- Review travel expense reports, commissions, and other operational expenditures for accuracy and compliance.
- Monitor company expenses, rental payments, and budget utilization.
- Support process improvements and system enhancements to strengthen financial operations and efficiency.
- Provide accounting support during staff absences and perform other duties assigned by management.
Benefits and Perks:
- Government-Mandated Benefits: SSS, PhilHealth, and Pag-IBIG
- 13th Month Pay
- Paid Leave Credits: 5 Sick Leave and 5 Vacation Leave per year
- Perfect Attendance Incentive: Up to ₱5,000
- Regularization Bonus
- Free Parking
- Employee Discounts: Up to 30% off
- HMO Coverage: Available after 1 year of service
- Accident Insurance: Subject to approval
- Competitive Salary Package
- Career Growth & Promotion Opportunities
Work Schedule
- Monday - Friday: 9:00 AM - 7:00 PM (Compressed work schedule)
- Alternating Saturdays: Twice a month (9:00 AM - 4:00 PM)
Company Location
- 2nd floor, 3270-D Armstrong Ave., Merville Access Rd. Brgy. 201, Pasay City (blue building beside Total gas station)
- PIN Location: Lifesports Incorporated or World Class Concept Corp.
