Accounting and Finance staffThe Islands Group

THE ISLANDS GROUP / ISLANDS SOUVENIRS
 
The Islands Story
 
The Islands Group traces its history back to the early beginnings of Islands Souvenirs in Cebu in 1992. Breaking the mold of cottage-industry souvenir products, Islands Souvenirs, carved out a niche for itself by providing quality souvenirs that were both practical and creatively designed. It was one of the very first retail companies who made use of design in a country rich in natural beauty through destination-specific merchandise.
 
The Islands Way
 
The Islands Group is all about making travel in the Philippines an unforgettable experience. Plain and simple passion for service, understanding what the market needs, and a drive to deliver great value have shaped the Islands Group into the multi-awarded brand it is today.
 
Seeing Orange
 
We're excited to grow as well. A passion for service, a culture for creating value & fun, and a keen eye for nurturing opportunities - these are the traits that the Islands brand promise is attached to and what give us our competitive advantage in the tourism industry. And we've got one vision to drive us. At the end of the day, we want you to know that you can count the Islands Group to show you the Philippines the Islands Way.
 
The Accounting and Finance Staff is responsible for performing a variety of accounting, bookkeeping, and financial tasks to support the organization's financial operations.
 
Job Title: Accounting and Finance Staff
Job Summary:
The Accounting and Finance Staff is responsible for performing a variety of accounting, bookkeeping, and financial tasks to support the organization's financial operations. The role includes preparing and maintaining financial records, processing transactions, assisting with budgeting, and ensuring accuracy and compliance with accounting standards and company policies.
 
Duties and Responsibilities:
1. Accounting Functions
Record daily financial transactions accurately in the accounting system.
Prepare journal entries, vouchers, and other supporting documents.
Assist in the preparation and reconciliation of bank statements.
Monitor accounts payable and receivable; ensure timely billing and collection.
Verify accuracy of invoices, receipts, and supporting documents before processing payments.
Maintain organized and up-to-date accounting records and files.
Support the month-end and year-end closing processes.
2. Financial Reporting
Assist in the preparation of financial statements such as balance sheets, income statements, and cash flow reports.
Generate and analyze accounting reports for management review.
Reconcile general ledger accounts and resolve discrepancies.
Support internal and external audits by providing required documentation.
3. Budgeting and Forecasting
Assist in preparing annual budgets and forecasts.
Monitor actual expenses versus budget and report variances.
Provide financial data to management for decision-making.
4. Compliance and Controls
Ensure compliance with company policies, accounting standards, and government regulations (e.g., BIR requirements).
Prepare tax-related schedules, filings, and reports as needed.
Safeguard confidentiality of financial information and uphold data integrity.
5. Administrative and Coordination Tasks
Coordinate with suppliers, clients, and internal departments regarding financial matters.
Support finance-related projects and initiatives as assigned.
Perform other duties that may be assigned by the immediate superior or management.
Qualifications:
Bachelor's degree in Accounting, Finance, or related field.
Preferably with 1-2 years of experience in accounting or finance (fresh graduates may also be considered).
Knowledgeable in basic accounting principles and financial reporting.
Proficient in MS Excel and accounting software (e.g., QuickBooks, SAP, or similar).
Strong attention to detail, organizational, and analytical skills.
Ability to maintain confidentiality and work effectively under minimal supervision.
Core Competencies:
Accuracy and attention to detail
Integrity and confidentiality
Time management and prioritization
Analytical thinking and problem-solving
Teamwork and communication skills