Job Description
As a Senior Accounting Specialist, you will be assisting the Frosch Philippines Finance Operations in various activities within Accounting, Reporting, and Taxation. You will be an individual contributor directly reporting to the Senior Accounting Manager based in location and the Director for Accounting Global Operations in the US
Job Responsibilities
ACCOUNTING
- You will reconcile Core Balances (i.e., Client Balances, Vendor Balances, Billing and Settlement Plan (BSP), Cheque Register, Bank Reconciliation, Credit Card Merchant Receivable), General Ledger, and intercompany accounts among FROSCH regions (e.g. APAC, EMEA, Philippines, etc.).
- You will process payments application in subsidiary ledgers including actual payment and wire transfer.
- You will conduct bookkeeping of operating expenses, and adjusting and correcting journal entries for write-offs, reconciling items, offsetting, accruals, etc.
REPORTING
- You will conduct end-of-period closing which includes preparation of balance sheet, income statement, trial balance, and other financial reports.
- You will manage Account Schedules for pre-payment amortization, fixed asset lapsing schedule, other assets, accrued expenses, government payables, and other liabilities.
- You will prepare annual audited financial statements of different FROSCH regions (e.g. APAC, EMEA, Philippines, etc.) and serve as the point-person for external auditors, accounting consultants, and/or accounting outsource and participate in budget and cash forecast, and process improvement & documentation activities.
TAXATION
- You will process returns filing and payments (i.e. BIR 0619E, 1601EQ, 2550Q, 1603Q) including preparation of annual income tax return (i.e. BIR 1702RT) for tax administration and compliance.
Required Qualifications, Skills And Capabilities
- Must be a Certified Public Accountant
- At least 2- 4 years of experience in general accounting under a supervisor or senior accountant position.
- Previous experience with top-tier accounting/auditing firms preferred
- Work experience in the travel industry and knowledge of Sabre Trams would be an advantage.
- Knowledgeable in different computerized accounting systems.
- Hands-on experience in Subsidiary Ledger and General Ledger reconciliation.
- Hands-on experience in intercompany and related-parties reconciliation.
- Advance knowledge in taxation, government regulations, and financial reporting standards.
