Accounting Associate

Job Summary

The Accounting Analyst will be in-charge in the preparation of Monthly/Quarterly JV-relates reports. Provide the Joint Venture all the requirements needed and as stated in the Joint Venture Agreement and other supplementary agreements. Likewise maintains the complete records of the reports, creditable withholding tax/ Capital Gains Tax and the Reserve for Maintenance Fund/ Expense. In addition, he/she will handle the monitoring and reporting of rawland/land banking inventories.

Duties and Responsibilities

o  Preparation of Joint Venture & Rawland Reports, Other Relevant JV Support Function

 

·        Ensure timeliness and accuracy of the various JV-related reports, such as but not limited to the following:

o   Reserve for Maintenance Cost (RFMC)

o   Creditable withholding taxes

o   Real property taxes

·        Provide Joint Venture Partner with cash flow projections by providing the Sales Report of not yet qualified for remittance.

·        Prepare Monthly reconciliation of GL accounts relating to JV Partners to ensure timely match up of timing differences.

·        Support Accounting Lead in preparation of other relevant reports to be submitted to JV Partners.

·        Provide timely and accurate financial reports and analysis to support decision-making processes.

·        Stay updated on industry best practices and changes in accounting standards to ensure compliance and relevance in joint venture accounting.

·        Month-End Support such as Aging, Closing transactions and GL-Clean Up.

·        Collaborate with auditors and participate in audits related to joint venture accounts, providing documentation and explanations as needed.

·        Collaborate with cross-functional teams, including finance, operations, and external partners, to gather relevant information and resolve reconciliation issues.

·        Other relevant task as assigned

Technical Competencies and Skills

analytical skills, critical thinking skills, team player, communication skills, accounting, financial reporting

Education, Trainings and Licenses Required

• Graduate of B.S. in Accountancy, • Relevant trainings on update and relevant issues in accounting profession, • Knowledge in any ERP is an advantage.