Accounting tax associate

DUTIES and RESPONSIBILITIES:

1. PERFORMANCE

1. Compliance with BIR’s Regulations and on time filing of the following taxes as outlined below:
2. Monthly Remittance Form for Creditable Income Taxes Withheld (Expanded) (0619-E) both eBIR Forms and EFPS.

ii. Quarterly Remittance Form for Creditable Income Taxes Withheld (Expanded) (1601-EQ) both eBIR Forms and EFPS.

iii. Annual Information Return of Creditable Income Taxes Withheld (Expanded) (BIR 1604E)

1. Annual Information Return of Income Taxes. Withheld on Compensation and Final Withholding Taxes (BIR 1604CF)

vi. Summary Report of Certificate of Creditable Tax Withheld at Source 2307 received from different banks including actual forms.

vii. Summary Report of Certificate of Creditable Tax Withheld at Source 2307 received from rentals (All SM & Non-SM Branches) including actual forms

viii. Monthly VAT Returns (BIR 2550M)

1. Summary Listing of Sales and Purchases (VAT Relief)

xi. Quarterly Income Tax (BIR 1702Q)

xii. Annual Income Tax (BIR 1702RT)

xiii. Annual renewal of Certificate of Registration (0605)

xiv. Proper management of BIR LOA (filing, payment and recording)

1. Compliance on Local Government Regulations
2. On time renewal and payment of permits and licenses as outlined below:

• Business Permit
• Business Plate
• Barangay Permit
• Fire Safety Inspection Certificate
• Fire Extinguisher
• Sanitary Permit
• Environmental Clearance
• Signboard Permit
• Annual Building Permit
• Locational Clearance
• Zoning Permit
• National Telecommunications Commission Permits
• Optical Media Board Licenses
• Posting in the EBT of all permits and licenses related payments

1. Compliance on SEC Regulations

• Ensure annual submission and update of the reports below:

o General Information Sheet

1. Telecommunications

• Complete requirements and monitor internet/phone installation for new branches
• Print out internet/phone billings and tag on the monitoring file
• In case there are missing bills, request to the pertinent Account Officer
• Submit the internet/phone billings for payment processing
• Monitor that internet/phone billings are paid on time

1. Month End Activities

• Allocation of VAT payments to branches
• Provision for BIR Audit
• Update of Balance Sheet Account Reconciliation (BSAR)
• Accrual of income tax expense.
• Posting of tax payment (1601C, 0609E & VAT) BPI Account
• Review of VAT Payable
• Perform review of accounts based on assigned income statement account

1. Monitoring of Branch tax compliance

• BIR Sales book and Collection Receipt from the branches
• BIR sales book stamp
• Display of Permits (per branch)
• Filling up of accreditation requirements from suppliers/customers/banks

1. Branch Support

• Onboard training for new hires
• Perform payment verification (Bank Transfer, Check Payments and Ipay88)
• Perform sales cancellation (Wrong release, DOA, etc.)

1. REPORTORIAL

1. Ensures that any incident, emergency, and other urgent information that requires immediate action of immediate head or management’s intervention will be reported upon discovery.

1. COMPLIANCE AND COOPERATION.

1. Shall observe, respect and comply with the existing and future memorandums and company policy.
2. Other tasks that may be assigned from time to time.

• Good understanding of Philippine Financial Reporting Standards (PFRS)
• Demonstrate knowledge of the related accounting process in the same industry or with a local company

• Knowledgeable in MS Office especially MS Excel and Word
• Demonstrate good written communication skills

• Works collaboratively to achieve a common goal
• Detailed oriented and keep track of commitments
• Exhibits sense of urgency to act promptly on transactions effectively and efficiently
• Honest and trustworthy in terms of financial matters

• 2-4 years of experience in the related accounting process
• CPA, an advantage

• MUST BE GRADUATE OF BS ACCOUNTANCY