LED Management Training Services Inc. Accounting Specialist

Accounting Specialist

LED Management Training Services Inc.

£455-519[Monthly]

On-site - Pasig3-5 Yrs ExpBachelorFull-time

Description

HR & GA (35%)

Manage recruitment and onboarding of new hires (Promoters, Store Leaders, Technicians)
Handle contracts, timekeeping, payroll summary, and HR documentation
Ensure 100% compliance with PH labor law and government agencies (SSS, Pag-IBIG, PhilHealth)

Compensation & Administration (40%)

Process payroll, allowances, and petty cash; prepare and submit expense reports to HQ
Track incentives (Sell-Out, referrals), OT, and reimbursements for field staff
Coordinate office operations, expense compliance, and support internal audits

Engagement & Retention

Organize staff engagement programs: PG of the Month, bonding activities, feedback forms
Conduct exit interviews and monitor turnover trends with action recommendations
Track promotion readiness and propose internal salary adjustments or role upgrades
Oversee office needs: utilities, supplies, minor repairs, and cleanliness
Organize travel and meeting logistics as required
Handle procurement of basic supplies and materials for stores and office
Compare vendors, track purchases, and ensure documentation aligns with budget and audit rules

Accounting Responsibilities (60%) – Expanded Summary

Manage full-cycle accounting for local operations: petty cash, receivables, payables, vendor payments, and staff reimbursements
Track all operational expenses across store operations, technical service, logistics, and admin (e.g., fuel, tolls, mall fees, warehouse materials)
Verify supplier invoices and ensure proper BIR-compliant documentation (official receipts, sales invoices, delivery receipts, etc.)
Coordinate with HQ Finance Team (Vietnam) to ensure timely fund transfer, budget allocation, and correct currency conversion practices
Prepare monthly financial reports including:Trial Balance (if applicable).Cash Flow Report, Cost Allocation by Department/Store, Bank Reconciliation

Manage and compute local tax obligations, including:

VAT (Value Added Tax – sales/purchase), Expanded Withholding Tax (EWT) for vendor services, Income Tax compliance and quarterly filing coordination with outsourced accounting (if any)
Ensure full compliance with Philippines regulatory requirements, including but not limited to:
BIR (Bureau of Internal Revenue): OR/Invoice sequencing, filings, 2307 issuance
SSS, Pag-IBIG, PhilHealth: Monthly declarations, contributions, and remittance tracking
DOLE & SEC filings (if required for employment or business presence)
Assist in financial planning and forecasting for retail operations (store capex, incentive budgets, expansion cost, ROI tracking)
Support external audit preparation, ensure all records are traceable, complete, and updated per GAAP/local BIR audit requirements
Stay updated on Philippine laws on foreign ownership, withholding tax for offshore HQ, and any changes affecting tax obligations or remittance compliance
Provide internal controls suggestions to reduce fraud, error, and misclassification in daily retail operations

Requirements

Bachelor’s in HR/Accounting/Business
3–5 years HR & admin/finance experience
Knowledge of PH labor law and retail ops
Excel/Google Sheets proficiency
English + Filipino communication

Accounts PayableFinancial ManagementAccounting Receivable and PayableStatement PreparationBillingBank ServicesWritten and Verbal Communication SkillsAttention to DetailsFinancial Accounting