The General Ledger (GL) Assistant is generally responsible for preparing journal entries, reconciling financial statements and accounts, and ensuring data accuracy. Provide assurance that information complies with Philippine Financial Reporting Standards. Record information such as accrual, deferral, reclass, and interdepartmental entries into the companys accounting ledger.
Duties And Responsibilities
- Responsible for the use of double entry accounting system, adjusting and journal entries.
- Ensure that financial records are kept in accordance with Generally Accepted Accounting Principles (GAAP) and all appropriate records are retained.
- Perform account analysis of assigned accounts to ensure all entries are in accordance with GAAP and theories.
- Perform monthly bank reconciliation and prepare adjusting journal entries if necessary for the following bank account (See Annex 1).
- Prepare monthly reconciliation of subsidiary ledgers of accounts receivables and fixed assets.
- Maintain the list or lapsing schedule of all company fixed assets together with historical cost and verify the location and completeness.
- Maintain, update and establish an accounting chart of accounts necessary for disclosure requirements and monitoring of balances for each particular account.
- Assist in the quarterly, interim and year-end physical inventory count of finished goods and materials/supplies and verify the counts versus the inventory balances in the Accounting System.
- Keep sensitive and vital information confidentially whether acquired verbally or in print concerning the affair of the Group and/or its officers and abstain from discussing with anybody in and out of the Group.
- Perform other duties assigned by the management and department head from time to time. Must be flexible and adaptable to changes that will occur during the course of employment.
