Accountant
Fenix Investments Limited
Total years of experience :10 years, 11 Months
• Perform accounting functions for the company and on various investment interests of the company’s owner.
• Managing certain personal expenses and payments of the company’s owner.
• Planning and scheduling meetings and appointments.
• Devising and maintaining office systems, including data management and filing.
• Perform administrative function for owner’s properties.
• Perform other tasks that may be assigned from time to time.
• Perform reconciliation of accounts and month end closing.
• Summarize and prepare financial status and transactions reports, including a balance sheet, profit and loss statement, cash flows and other necessary reports.
• Analyze Financial discrepancies and recommended effective resolutions.
• Reconcile and prepare Debtors Report for Management Presentation.
• Prepare revenue projections and forecasting expenditure.
• Assist with preparing and monitoring of budgets.
• Provide guidance to other accountants when needed.
• Review the day to day transactions of Accounts Payable and Accounts Receivable Accountants.
• Verify transactions and its supporting documents.
• Ensure the recording of all transactions, its existence and prepare in accordance with company policies and procedures.
• Perform month-end accounting activities such as reconciliations and journal entries.
• Coordinate with finance team to complete assigned accounting tasks within deadlines.
• Prepare Financial Statements and Bank Reconciliation.
• Analyze Financial discrepancies and recommended effective resolutions.
• Prepare financial analyses and reports.
• Prepare revenue projections and forecasting expenditure.
• Assist with preparing and monitoring of budgets.
• Provide guidance to other accountants when needed.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Preparation, validation and submission of quarterly VAT returns.
• Processes Cash Disbursement and Cash Receipt for the subsidiaries of the bank
• Checks the validity, completeness and accuracy of the transactions
• Prepares accounting entries which will be posted to the General and Subsidiary ledger.
• Computes the taxes due for the subsidiary, Prepares and files BIR Tax Returns. Ensures that it is file one day before the deadlines.
• Prepares the Financial Statements including related schedules, BSP Reports, SEC Reports and other reports needed.
• Computes and processes booking of ROPA (Repossessed Asset) accounts of the bank.
• Assists auditor for the schedules and other department needed for the audit examinations.
• Files and safe keep of all the transactions and documents process for the month.
• Accomplishes timely and accurate reports of tax liabilities of the bank which covers the following: Income Tax Accrual and Remittance; Regular Corporate Income Tax (RCIT) and Minimum Corporate Income Tax (MCIT) of the Regular Banking Units (RBU); and accounting for BIR Form 2307 supporting the Tax Credits.
• Processes E-filing of BIR Form 1702Q (Quarterly) and BIR Form 1702 (Annually) thru EFPS.
• Computes monthly of Accrual and Remittance for Gross Receipts Tax for Branches.
• Monitors EDST (Electronic Documentary Stamp Tax) Account Balance which includes purchase of Documentary Stamps Inventory, Creation and Deletion of EDST Users, Resetting of Password and Monthly Reconciliation of EDST affixtures and booking per GL.
• Provides support in the Audit Examination of the BIR and Independent CPA by gathering documents and prepares the schedules requested by the Examiner and/ or independent CPA.
• Conscientiously safe keeps the Files and Tax Documents.
• Reviews the joint venture agreement, records transactions and maintains accounting records. Checks the transaction sheets and supporting documentations and computations as to validity, accuracy and completeness. Prepares the accounting entries in accordance with Generally Accepted Accounting Principle and other policies. Posts to subsidiary ledgers, general ledgers, trial balances and other related accounting records. Safeguards the confidentiality of accounting records.
• Performs monthly accounting process, schedules and prepares corresponding entries for the Subsidiary Ledger and General Ledger which includes Amortization Schedule, Schedule of Accruals and Inventory Adjustments.
• Prepares Financial Statements (i.e. Balance Sheet, Income Statement, and Statement of Changes in Equity) and related Balance Sheet Accounts Schedule and its analysis; ensures the timeliness and compliance of the reports with the following Service Agreement.
• Computes taxes due, prepares tax returns, obtains and ensures completeness of required supporting documents, monitors filing and remittance to BIR within deadlines.
• Liaises with the Joint Venture Partners and resolves issues to improve accounting and reporting requirements, to reconcile records and remittances, sales; and related transactions in accordance with joint venture agreement.
• Processes Payments, Cash Advance and Reimbursement to suppliers through Credit to Account. Checks validity, accuracy and completeness of the transactions; verifies signature of approving officer. Classifies correct GL Expense Account based on transactions. Encodes accounting entries to (AXAPTA) Accounting System. Prepares Credit Memo/Debit Memo for the respective accounts and print transmittal slip. Checks account name, account number and employee number as to details indicated on the transaction sheets; Ensures that all details posted are correct. Prints journal entries for checking of the Section Head.
• Processes Regular SSS (Social Security System) Pension. Facilitates transfer of CD to IT Department for program running of SSS Pension. Sorts and organize per Branch Uploading Exceptional Report Monthly. Prepares Entries for Crediting of SSS Pension.
• Performs wide array of Accounts Payable Functions for Agency and Principal, which includes but is not limited to the following: Checks Transaction Sheets and Supporting Documents for its completeness; Verifies Accuracy of every expense before recording; Reviews Payable Accounts to ensure that information is properly recorded and that the records contain appropriate authorization for payment; Prepares Cheques and Check Vouchers for Disbursement; Facilitates and Monitors Cash Advance and its Liquidation for Principal and Agency.
• Prepare Summary of Sales per vessel and its supporting documents for Principal Reporting.