Senior Accounting Associate

Senior Accounting Associate (General Accounting) Ortigas and BGC

TRANSCOSMOS ASIA PHILIPPINES, INC.

Ortigas, Pasig City, Metro Manila

Financial Accounting & Reporting (Accounting)

Full time

About the role

The Senior Accounting Associate – (General Accounting) is tasked to conduct review and analysis of financial transactions and activities. They will perform reconciliation of accounts, audit of advances and prepare summary of financial statement accounts. They shall ensure all Accounting cycles are executed correctly, as applicable.

Key responsibilities

• Validation of book and bank transactions
• Thorough review of advances
• Monitor accruals and prepayments
• Prepare reconciliation of accounts as needed
• Recommend adjusting entries
• Impose action plan on policies on assigned accounts
• Prepare monthly schedules of identified accounts
• Prepare other special reports as required

We are looking for someone with General Accounting Works with Taxes Experience.

Accounts Payable (AP)

Review vendor invoices and supporting documents.

Determine applicable Expanded Withholding Tax (EWT) and other withholding taxes.

Record withholding tax liabilities and ensure proper application to payments.

Reconcile AP balances and withholding tax accounts.

Accounts Receivable (AR)

Record customer billings and collections.

Review VAT and withholding tax certificates received from customers.

Reconcile accounts receivable with customer statements and tax certificates.

VAT Compliance

Prepare and review VAT calculations and schedules.

Reconcile input and output VAT.

Prepare supporting schedules for VAT returns.

Monitor VAT payments, credits, and carry-forward balances.

Withholding Tax Compliance

Prepare schedules for EWT, Final Withholding Tax (FWT), and other applicable withholding taxes.

Review tax rates based on the nature of transactions and applicable tax rules.

Prepare and submit applicable withholding tax returns.

Reconcile withholding tax payable accounts with filed returns and certificates.

Corporate Income Tax

Assist in the preparation of income tax computations.

Prepare tax schedules and supporting documents.

Monitor quarterly and annual income tax filing requirements.

Reconcile tax provisions with the general ledger.

Documentary Stamp Tax (DST)

Identify transactions subject to DST.

Prepare DST computations and supporting schedules.

Coordinate filing and payment of DST when applicable.

Local Government Taxes

Assist in the preparation and monitoring of business permits and local business taxes.

Prepare supporting schedules for LGU tax filings.

Coordinate with the LGU and external tax advisers regarding local tax requirements.

Tax Reconciliation

Reconcile tax-related general ledger accounts.

Reconcile tax returns against accounting records.

Investigate and resolve tax variances and outstanding balances.

Tax Audit Support

Prepare accounting records and schedules required for BIR audits.

Compile supporting documents for Letters of Authority (LOA), notices, and tax assessments.

Coordinate with external tax consultants and BIR representatives.

Monitor submission deadlines and audit requirements.

PEZA / Tax Incentive Compliance

Maintain accounting schedules supporting PEZA tax incentives.

Prepare financial and tax-related reports required by PEZA.

Monitor transactions affected by PEZA incentives and VAT treatment.

Coordinate with PEZA and tax advisers regarding deregistration or cancellation requirements.

Month-End and Year-End Closing

Prepare tax-related accruals and provisions.

Record tax adjustments and reclassifications.

Ensure tax accounts are properly reconciled before closing.

Provide tax schedules and supporting documents for external audit.

Tax Certificates and Documentation

Monitor collection and issuance of BIR Form 2307 and other tax certificates.

Maintain organized tax documentation and supporting schedules.

Ensure documents are available for audit and compliance requirements.

Qualifications

• Candidates should possess strong skills in preparing and reviewing Financial Statements and understanding core finance concepts.
• Candidates should possess solid knowledge of Journal Entries (Accounting) and general ledger processes.
• Candidates should possess advanced Analytical Skills for interpreting financial data and supporting decision-making.
• Candidates should possess proficiency with Accounting Software and related financial systems.
• Bachelor's degree in Accounting, Finance, or a related field; professional certification (e.g., CPA or equivalent) is an advantage.
• Several years of progressive experience in accounting or finance, ideally in a shared services or BPO environment.
• Strong attention to detail, organizational skills, and the ability to manage multiple priorities and deadlines.
• Effective written and verbal communication skills, with the ability to collaborate with internal and external stakeholders.

Company Description:

transcosmos Asia Philippines Inc. is a subsidiary of transcosmos inc., a Japan-headquartered company that has been operating since 1966. The organization combines skilled professionals and advanced technology to help client companies strengthen their competitiveness through high-value Business Process Outsourcing (BPO) services. It delivers cost reduction solutions such as contact center operations, back-office support for HR, finance, and sales, order management, supply chain management, and system development. The company also provides sales expansion services including big data analysis, internet advertising, website and smartphone/SNS solutions, and telemarketing. With 162 locations in 28 countries and comprehensive one-stop global e-commerce services in over 45 countries, transcosmos aims to be a trusted global BPO partner to its clients.

Role Description The Senior Accounting Associate is a full-time, on-site role based in Antipolo, responsible for supporting and enhancing the organization's finance and accounting operations. This role includes preparing and reviewing financial statements, posting and verifying journal entries, and ensuring accurate general ledger maintenance. The Senior Accounting Associate will assist in monthly, quarterly, and annual closing activities, reconcile accounts, and monitor compliance with internal controls and relevant accounting standards. Daily responsibilities also involve working with accounting software, supporting audits, analyzing financial data to provide insights to management, and coordinating with cross-functional teams to resolve accounting-related issues.