Accounting Associate

Posted 5 Days Ago
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Quezon City, Metro Manila, National Capital Region
Entry level
Healthtech • Consulting
The Role
The Accounting Associate will handle financial accounting tasks including preparing adjusting entries, accruals, and month-end closings. Responsibilities involve lease and fixed asset accounting, tax computation, preparing reports and ensuring compliance with accounting standards. The role requires effective communication and organizational skills, alongside computer literacy for using accounting applications.
Summary Generated by Built In

Sagility combines industry-leading technology and transformation-driven BPM services with decades of healthcare domain expertise to help clients draw closer to their members. The company optimizes the entire member/patient experience through service offerings for clinical, case management, member engagement, provider solutions, payment integrity, claims cost containment, and analytics. Sagility has more than 25,000 employees across 5 countries.

Job title:

Accounting Associate

Job Description:

DUTIES & RESPONSIBILITIES:

FINANCIAL ACCOUNTING:

Preparation of adjusting entries, accruals and reclassifications and restatements for month-end closing activity. In charged of lease accounting which involve booking of monthly rent entries, quarterly recognition of IFRS 16 entries and preparation of IFRS 16 vs MIS reporting reconciliation. In charged of fixed asset accounting which involve monitoring of monthly asset movements, creation of asset number and validation of Net book value for insurance and PEZA processing. Preparation of monthly tax computation for FBT and booking corresponding payment vouchers and book adjustments. Compute impact of MTM gain/loss on forward contracts and book corresponding entries. Preparation of monthly schedules for the following accounts:

  • Accrued Expenses
  • Fixed Assets
  • Short/Long-Term Schedules
  • Accrued Taxes and Licenses
  • LT Debt and Other LT Liabilities
  • Forex Gain/Loss (Realized and Unrealized

COMPETENCY REQUIREMENTS:

TECHNICAL COMPETENCY:

  • Knowledge on Basic Accounting and Audit Principles

Able to prepare accounting entries accordingly to reflect actual day-to-day transactions. Able to identify erroneous documents submitted when checking accuracy and existence of transactions. Able to require documents as needed to ensure completeness of transactions. Able to make recommendations for adjustments. Accurately apply changes in the accounting standards as mandated in the PAS/PFRS.    

  • Familiarity on Company’s Standard Operating Policies and Procedures (SOPP’s)

Able to check compliance on M&Ps based on documents submitted for validation.

2.    Able to check proper approvers of documents per Company’s financial authority policy.

  • Knowledge on Tax Rules and Regulations

Able to identify proper tax rules on corresponding transactions. Able to plan and schedule tasks to be able to submit tax returns on time.

3. Able to effectively implement tax considerations (revenue and cost) related to PEZA activities, incentives and agreements.

B. CAREER ROLE COMPETENCY: 

  • Communication

Able to write or compose effective Business letter, memos and reports (e.g. incident/status reports).  Able to communicate clearly (in oral or written form) in English and Filipino; able to shift language and style to fit audience (e.g. shift from Technical to Layman terms as appropriate).

  • Organizing Work

1.   Able to organize work schedule based on a given project/work assignment; able to prepare a plan of action given workload and deliver as committed.

2.     Able to coordinate and provide feedback/status on work assignments to immediate superior and other people concerned.

  • Computer Literacy

Able to use the computer and its application as a tool for work (eg. e-mail, MS office, Internet, and other software application). Able to effectively utilize accounting applications and reporting tool (e.g. FMS, FRx,) for the advantage of one’s function with minimal supervision Able to properly adopt major changes and version updates in the current systems and procedures.

  • Excellence with Passion

Driven by self-imposed urgency to optimize the use of time in the    attainment of goals. Able to constantly seek to outdo oneself by achieving more and doing better than one’s prior accomplishments. Able to give the highest professional and personal standards in all that is done and take pride in the quality of one’s work and output. Able to seek recognition based on the performance and merit and actively discourage politics, turfism, and advancement based on who knows who.

  • Personal Maturity

Able to demonstrate a high level of awareness of one’s strengths and limitation. Able to maintain effectiveness and composure amidst pressures and difficulties arising from opposition, unforeseen problems, and simultaneous demands from diverse task.

  • Respect for the Individual

Able to treat each other in accordance with the highest norms of respect and fairness. Able to develop and maintain positive working and social      relationship with peers, subordinates, superiors and clients. Able to deliver commitments that can truly be delivered.

  • Taking the Total View

 Able to define one’s role within the context of the entire business. Able to recognize how one’s output adds value to the service/product provided to the customer. Able to recognize how one’s output adds value to the service/product   provided by the customer.

  •  Thriving in Change

 Able to empower oneself to meet the challenges of the business environment by embracing the reality that the business environment is not static. Able to anticipate, understand, and define change and its impact on one’s self and the organization. Able to trigger and support change that is assessed to be necessary and beneficial to the organization. Able to help others/team in defining the impact of change efforts and transition through these changes. Able to establish, implement and continuously improve the quality information security policies assigned to him / her. Able to establish structure and procedures to protect classified information. Able to report information security related incidents without any delay to the right authority.  Example: All information-related incidents, losses, weaknesses and software/hardware malfunctions, breaches of confidentiality Able to participate during training, orientation and awareness programs pertaining to QISMS.

Location:

Quezon City, Bridgetowne ZetaPhilippines

Top Skills

Accounting
The Company
HQ: Westminster, Colorado
9,623 Employees
On-site Workplace

What We Do

Sagility is a U.S.-based, tech-enabled healthcare business process management company that supports payers, providers, and their partners to deliver best-in-class operations, enhance the member and provider experience, improve the quality of care and promote health equity all while delivering cost-effective healthcare financial and clinical outcomes.

Sagility Technologies uses a holistic consulting approach to identify the root causes of healthcare payer and provider pain points, analyze the issues, and provide a complete solution that encompasses people, process, and technology platform improvements. Equipped with a strategic solutions mindset, our core focus is on what most benefits the client. Combining healthcare operations and technology experience with advanced UI, UX, and analytics expertise, we develop and deploy customized solutions for our client’s business. Additionally, with our extensive global resources and facilities, we provide the best service/price ratio for any service outsourcing needs.

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