JOB DESCRIPTION Under the Chief Accountant (Finance Specialist) and within the limits of the Company Finance policies, procedures, and local requirements, assists in all areas related to Wellspring Retail, Inc.'s accounting, bookkeeping, tax, and other finance-related activities.
KEY DUTIES & RESPONSIBILITIES: A. Accounting Functions Prepare check/payment vouchers based on reviewed received requests for payment, billings/statement of account, cash advance, government remittances, etc. Perform month end closing activities such as preparation of journal entries in the financial system including accruals, depreciation and amortization, payroll, interest income/expense etc. Reconcile of Balance Sheet and Income Statement accounts Perform sales and bank reconciliation Maintain, fill out, and secure further review/approval of accountable forms including statement of accounts, acknowledgement receipt, official/collection receipt, to name a few Preparation and monitoring of AP and AR subsidiary ledgers including ageing reports Make sure all disbursements for either OPEX or CAPEX are substantiated with valid and invoicing requirements-compliant purchase invoices and or official/collection receipts Prepare statements of accounts based on confirmed quotations/services rendered and monitor payments and outstanding balances Regular and timely update of fixed assets registry and lapsing schedule Prepares client statement of accounts for billing, prepares billing progress reports based on payment scheduled by events services contract with clients, also processes the correct refund from collected security deposits made following the set timelines for refund (based on the clearance checklists), collection of venue rentals based on set schedule. Maintains and submits regular report related to billing and collection, with list of contracts, package booked, contract amounts, down payments and account balances and the likes, and show also collection rates and ageing accounts. Monitors and witnesses all purchases received by specific departments and monitors thru system all purchases Observes physical count based on scheduled dates as approved by the management (fixed assets, non-trade items, and raw materials. Ensures that the approved physical count procedure is followed by respective department heads. Prepares inventory reports on a regular basis including but not limited to the following – Inventory valuation, Stock Days, Inventory Turn Over, Shrinkage, Lapsing Schedule and other relevant reports required by management. Assist the Chief Accountant during tax/audit season in coordinating with external auditors including preparation of audit requirements B. Regulatory Compliance Preparation and regular update of tax schedules and filing of monthly, quarterly, and annual BIR reports including electronic or manual submission of required attachments (ie., RELIEF, QAP, SAWT) such as but not limited to remittance of withholding taxes on compensation, expanded withholding tax, Value Added Tax, quarterly and annual income tax reporting, annual registration fees, and documentary stamp taxes Assist in the preparation of requirements for annual renewal of business permit and other taxes/licenses payable to barangay and/or municipal hall Recording of daily transactions to BIR registered manual books of accounts Register new sets of books of accounts once the existing ones have been fully exhausted Prepare BIR Form 2307 related to purchases with withholding taxes Maintain a permanent working file (soft and hard copies)of company documents such as BIR Form 2303 (COR), Articles of Incorporation and By-Laws, General Information Sheet, Business Permits and Licenses, Audited Financial Statements and Annual Income Tax Returns, SEC Certificate of Registration, Ask For Receipt/NIRI, Permit to Use and Decals of POS Machines, A summary of POS machines used with details such as Machine Identification Number, Model, Serial Number, Brand, and specific location/building where each machine is assigned Maintain a separate permanent working file of all filed tax returns including mandatory attachments Safekeep accountable forms and assist in securing ATP for printing of new sets of forms Prepares inventory listing and related annexes for submission to the BIR subject to review of the Finance Specialist ensuring these reports are complete, accurate and submitted on time. Job Type: Full-time
Benefits:
Company events Employee discount Free parking Health insurance On-site parking Pay raise Transportation service provided Schedule:
8 hour shift Day shift Supplemental pay types:
13th month salary Ability to Commute:
Cabuyao, Laguna (Required) Ability to Relocate:
Cabuyao, Laguna: Relocate before starting work (Required)#J-18808-Ljbffr
