Philippines onlyCosy Hauz, a leading real estate company, is seeking an experienced Real Estate Accountant to join our team. As a Senior Accountant, you will be responsible for managing the company's financial records, preparing financial statements, and ensuring compliance with accounting regulations. You will work closely with the Finance Controller to analyze financial data and provide recommendations to support strategic decision-making. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment.
Responsibilities
- Prepare, examine, and analyze financial statements and reports to ensure accuracy and compliance with accounting principles.
- Manage the day-to-day accounting operations, including accounts payable, accounts receivable, and payroll.
- Review and reconcile general ledger accounts, bank statements, and vendor statements.
- Assist in the preparation of budgets and financial forecasts.
- Support month-end and year-end close processes, including journal entries and reconciliations.
- Assist with financial audits and respond to audit inquiries.
- Ensure compliance with accounting regulations and company policies.
- Identify areas of improvement in operational procedures and implement changes to enhance efficiency.
- Provide support to the Finance Controller and senior management in financial analysis and decision-making.
Requirements
- Must hold a CPA (Certified Public Accountant) certification.
- Minimum of 3 years of meaningful experience in Property Development, Construction and accounting.
- Experience with UK property development and construction accounting is a plus.
- Proficiency in using Xero accounting software.
- Xero Pro Advisor is a plus
- Excellent skills in using Excel and Google Spreadsheets.
- Ability to utilise advanced functions (Sumifs, Xlookup, Pivot table, Index and Match).
- Capable of multitasking and working efficiently under stressful situations.
- In-depth knowledge of HMRC and Company House regulations specific to real estate developer companies.
- Excellent written and verbal communication skills
- Liaising with other departments for finance-related requests or concerns
- Ability to present monthly reporting requirements to the finance controller
- Ability to contribute to monthly closing activities, including:
- Preparation of profit and loss analysis for reporting to the Finance Controller at the end of each month, accompanied by actionable insights and recommendations for any adjustments needed.
- Submission of month-end cash flow reconciliation to the Finance Controller, providing a basis for the overall cash flow to be used for management reporting.
- Preparation of monthly reconciliation for all of our intercompany accounts, addressing all transactions and ensuring accurate representation of financial positions between the entities.
- Review the accuracy of bank reconciliations prepared by the bookkeeper. This includes ensuring all transactions are correctly categorised according to the established "Property" and "Cost Code" mapping system in Xero and resolving any discrepancies noted.
- Assist the bookkeeper in reconciling builders' invoices, ensuring that all charges are accurate, properly documented, and aligned with project budgets and contractual agreements.
- Monitor the Company’s fixed assets, ensuring accurate capitalization in accordance with Generally Accepted Accounting Principles (GAAP). This includes overseeing the correct classification, valuation, and depreciation of assets over their useful life.
Benefits
- Up to 28 Leave Credits
- PH Mandatory Benefits
- HMO Benefit
- Work Equipment Subsidy
- Training and Certifications Subsidy
