Junior Accountant

Junior Accountant

Executive search firm Monroe Consulting Group Philippines is recruiting for on behalf of one of Korea's largest and most prominent steel deck manufacturers, boasting an impressive production capacity of approximately 10 million square meters annually across two factories in South Korea and one in Vietnam. With a strong legacy of innovation and leadership in the steel industry, the company is now expanding its footprint into the Philippines and is on the lookout for talented and driven professionals to join their growing team. The office is located in Ayala, Makati, with an on-site work setup, offering a dynamic and exciting environment for those passionate about contributing to a leading global brand.

Job Summary:

The successful candidate will play a crucial role in handling compensation and benefits administration, as well as assisting with tax filings. This position is ideal for someone with 1 to 3 years of experience in accounting, looking to grow their career in a dynamic environment.

Job Responsibilities:

Compensation & Benefits Administration:
Ensure timely and accurate processing of employee payroll, bonuses, and other compensations. o Manage benefits-related documentation such as health insurance, retirement plans, and leave accruals. o Monitor employee benefit programs, updating records as needed, and assist in resolving any issues or discrepancies related to payroll and benefits.

Tax Filing and Compliance:
Prepare and file taxes related to payroll (such as withholding tax) and ensure compliance with local tax laws. o Assist in the preparation and submission of monthly, quarterly, and annual tax reports, including VAT, income tax, and other government-mandated requirements. o Ensure all tax payments and returns are filed accurately and on time to avoid penalties or compliance issues

Financial Reporting and Reconciliation:
Assist in reconciling accounts related to compensation and benefits, including payroll liabilities, deductions, and government contributions. o Support month-end and year-end closing processes by ensuring accuracy in payroll and tax-related accounts

Record Keeping and Documentation:
Maintain accurate and organized records for payroll, benefits, tax filings, and other related transactions. o Prepare reports on compensation, benefits, and taxes as required by management or external auditors

Job Requirements:
* Bachelor's degree in Accounting, Finance, or a related field. o 1 to 3 years of relevant experience in accounting, particularly in handling payroll, benefits, and tax filings.
* Proficiency in accounting software and Microsoft Office (especially Excel).
* Familiarity with payroll systems and government tax filing platforms.
* Strong organizational skills with an eye for accuracy, especially when handling payroll and tax documentation.
* Solid understanding of local payroll tax laws, government-mandated benefits, and other compensation-related regulations.
* Ability to communicate effectively with both internal teams and external stakeholders, including government agencies and auditors