Accountant

We are seeking to add top talent to join our high-performing and growing Accounting and Finance Team. This position will play a critical role as we expand our brokerage business, tap into new markets, and provide innovative avenues for securities trading in the Philippines.

Key Responsibilities

Financial Reporting & Investment Monitoring

• Preparation of financial reports , including but not limited to:
• Trial balance (cash, investments, prepayments, and payables)
• Income statement
• Partners’ capital accounts (capital activities, allocation of profit and loss)
• Rate of returns
• Monitor movement and balance of investments , including:
• Portfolio accounting, verification of investment pricing or valuations
• Manual calculation of long-term/short-term realized gains and investment balances
• Review of corporate actions and stock dividends received
• Accrual of interest for loans/interest-bearing investments
• Calculate management fees and incentive fees.
• Ensure that all income and expense items are recognized/accrued in the appropriate period.
• Prepare different kinds of reconciliation, including Broker, Custodian, and Bank reconciliations.

Taxation & Compliance

• Assess compliance with accounting principles and BIR regulations.
• Review BIR Tax Returns to optimize tax efficiency and avoid errors that may lead to BIR assessments.
• Identify potential risks and provide recommendations for improvement.

External Audit & Regulatory Compliance

• External Audit:
• Assist in coordinating the annual audit of clients'' GAAP/IFRS financial statements, including footnotes and disclosures.
• Correspond with auditors regarding any concerns or issues.
• Compliance:
• Assist, provide necessary financial reports, and correspond with the designated Associated Person (AP) regarding regulatory compliance requirements and issues related to SRC Rules, PSE Trading Rules and Regulations, CMIC Implementing Rules, AMLA, and other regulatory government agencies.

Supervisory & People Management

• Directly manage and supervise at least two (2) direct reports , consisting of one (1) Internal Accountant and one (1) Third-Party Accountant.
• Perform detailed reviews of work papers, analyses, reports, reconciliations, and any documents prepared by the AR, Receipts & Taxation Associate, the AP & Disbursement Associate, and other accounting and finance staff.
• Provide mentoring and guidance to the accounting team and staff.
• Monitor the team’s deliverables and efficiently delegate tasks or workload assignments.
• Correspond with clients and key management personnel regarding any concerns or issues.

Qualifications

• Education & Certification: Bachelor''s degree in Accountancy; Must be a Certified Public Accountant (CPA) — Required.
• Experience:
• At least five to seven (5-7) years of working knowledge of accounting principles and practices.
• General Accounting experience will be highly considered , provided the candidate has at least a basic background in local fund accounting and taxation .
• Prior work experience in fund accounting within a brokerage or mutual fund firm is a major plus.
• Industry Knowledge:
• Prior work experience in an auditing firm is an added advantage.
• Knowledge of the banking, financial services, asset management industries, and trust/investment regulations is an asset.
• Technical Skills:
• Proficiency in MS Office and SFI software (WinStockSS.Net).
• Familiarity with trading systems (PSEConnect, Bloomberg, etc.) is an added advantage.
• Soft Skills:
• Proven leadership abilities to manage internal and external accounting personnel.
• Strong attention to detail, with the ability to multitask and prioritize tight deadlines.
• Excellent communication, interpersonal, and organizational skills.
• Ability to work effectively under pressure.