Accounting Specialist
Job Summary
The Accounting Specialist will manage project accounting, billing, payroll, tax compliance, and financial reporting for construction projects. The role requires tracking expenses, verifying accounts payable, and coordinating with site engineers and suppliers. Candidates must have a degree in Accountancy or related fields and 2-3 years of general accounting experience.
Responsibilities
- Manage project accounting and job costing
- Handle progress billing, receivables, and accounts payable
- Process payroll and tax compliance
- Generate financial reports and manage documents
Required Skills
- Bachelor's degree in Accountancy or related field
- 2-3 years general accounting experience
- Proficient in Microsoft Excel and accounting software
- Strong attention to detail and communication skills
Job Details
Key Responsibilities:
- Project Accounting & Job Costing: Track and record all project-related expenses (materials, labor, equipment rentals, and overhead) to ensure active construction projects remain strictly within budget.
- Progress Billing & Receivables: Prepare billing statements and collect payments from clients based on agreed milestones or the percentage of completion on site.
- Accounts Payable & Disbursements: Manage payments to suppliers, hardware stores, and subcontractors. Verify that delivery receipts and purchase orders match before releasing any funds.
- Payroll Processing: Handle payroll for both regular office employees and project-based site workers.
- Tax & Government Compliance: Prepare and file monthly and quarterly tax returns with the BIR (VAT, Withholding Tax) and remit mandatory government contributions (SSS, PhilHealth, Pag-IBIG).
- Document & Permit Management: Compile, organize, and maintain secure records of project plans, building permits, and other essential construction and regulatory documents.
- Financial Reporting: Generate monthly financial reports (Income Statement, Cash Flow) to monitor the overall financial health of the company.
Qualifications & Requirements:
- Bachelor’s degree in Accountancy, Accounting Technology, Financial Management, or any related field.
- 2-3 years of experience in general accounting
- Proficient in Microsoft Excel and basic accounting software
- High attention to detail, specifically in organizing receipts, vouchers, and financial records.
- Strong communication skills and the ability to coordinate with site engineers and suppliers.
- Willing to work on-site.