Bookkeeper/ chief accountantABC Prime Inc

Job Description: Bookkeeper / Chief Accountant
The Bookkeeper in a real estate company in the Philippines is responsible for maintaining accurate financial records, managing day-to-day accounting tasks, and ensuring compliance with local accounting standards and tax regulations. This role requires attention to detail, organizational skills, and knowledge of the Philippine financial environment, especially in real estate.
 
Key Responsibilities:
 
Financial Record-Keeping:
Maintain accurate and up-to-date records of all financial transactions, including purchases, sales, receipts, and payments, payroll, inventory etc.
Post transactions to the appropriate accounts in the company's accounting software.
Reconcile bank statements and monitor cash flow to ensure financial stability.
 
Accounts Management:
Manage accounts receivable and accounts payable, ensuring timely invoicing and payment processing.
Track and manage property-related expenses, such as utilities, maintenance, and taxes.
Prepare and issue monthly billing statements for clients, tenants, or customers.
 
Financial Reporting:
Prepare periodic financial reports, including income statements, balance sheets, and cash flow statements.
Assist in the preparation of budgets and financial forecasts.
Provide support during audits by preparing necessary documentation and reports.
Tax Compliance:
 
Ensure compliance with local tax laws by preparing and filing tax returns, including VAT, withholding tax, and real estate taxes.
Maintain accurate records of tax payments and coordinate with the Bureau of Internal Revenue (BIR) for tax-related matters.
Assist in tax planning and advise management on tax liabilities and benefits.
 
Internal Controls:
Implement and maintain internal controls to safeguard company assets and ensure the accuracy of financial data.
Conduct regular reviews of financial transactions to detect and prevent discrepancies or fraud.
Collaborate with other departments to ensure proper documentation and approval of financial transactions.
Support to Management:
 
Provide financial information to management for decision-making purposes.
Assist in the preparation of financial analyses and reports as requested by management.
Participate in financial meetings and provide insights on financial performance and issues.
 
Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.
At least 2-3 years of experience as a bookkeeper, preferably in the real estate industry.
Strong knowledge of Philippine Financial Reporting Standards (PFRS) and local tax regulations.
Proficiency in accounting software (e.g., QuickBooks, Xero) and MS Office, particularly Excel.
Excellent attention to detail and accuracy in financial data entry and record-keeping.
Strong organizational and time management skills.
Good communication and interpersonal skills.
 
Desired Skills:
Experience in real estate accounting and familiarity with property management systems.
Knowledge of tax incentives and real estate-specific financial regulations in the Philippines.
Ability to work independently and handle confidential information with integrity.
This detailed job description outlines the responsibilities and qualifications required for a Bookkeeper in a real estate company in the Philippines, emphasizing the importance of accurate financial record-keeping, tax compliance, and support to management in the real estate sector.