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Financial Accountant
Location
Philippines
Posted
2 days ago
Salary
A$1.8K - A$2.3K / month
Seniority
Mid Level
No structured requirement data.
Job Description
Financial Accountant
Hunt St
Role Description Looking for Philippines-based candidates Job Role: Financial Accountant Compensation range: $1,800 - $2,250 AUD / Monthly Engagement type: Independent Contractor Agreement Work Schedule: This role is expected to align with the AU business hours (approx. 9 AM - 5 PM, Monday to Friday) for collaboration, but as a contractor, you’ll have flexibility in how you manage your time. Role Overview: Deliver comprehensive financial oversight for the company through the hands-on execution of full-cycle accounting, payroll, and cash flow analysis. Maintain absolute data integrity by performing detailed trial balance reconciliations and managing complex intercompany loans and cross-entity transactions. Ensure high-standard financial governance by personally developing robust process documentation and internal controls, providing the technical insights necessary to drive sustainable growth and regulatory compliance across all Centers. Key Responsibilities: - Financial Operations & Governance - Oversee day-to-day accounting operations, ensuring accurate processing, reconciliations, and compliance with accounting standards. - Maintain strong financial controls, policies, and procedures across all finance functions. - Deliver Financial Reporting including timely month P&L and end of month accounts including quarter-end, and year-end close processes. - Evaluate Financial performance, ie trends, recommendations, insights to the management team. - Payroll & Workforce Cost Management - Lead payroll, ensuring accurate and compliant processing across all businesses and the Support Office. - Ensure timely resolution of payroll queries, adjustments, and reconciliations. - Accounts Payable & Reconciliations - Manage accounts payable processes, ensuring accurate coding, approvals, and timely supplier payments. - Oversee balance sheet reconciliations, including bank, payroll, debtor, and creditor accounts. - Ensure all reconciliations are completed accurately and within business timeframes. - Cash Flow & Forecasting - Prepare and maintain cash flow forecasts to support operational and strategic decision-making. - Monitor liquidity, working capital, and funding requirements across the business. - Provide insights and recommendations to the CEO on cash flow risks and opportunities. - Financial Reporting & Insights - Produce accurate and timely financial reports, including monthly management reports, variance analysis, and forecasts. - Support business with clear financial insights relating to occupancy, labour, and contribution. - Coordinate with external accountants, auditors, Banks and advisors as required. - Leadership & Team Development - Lead, coach, and develop operations personnel to deliver high-quality outcomes and continuous improvement. - Take proactive ownership of personal and financial accountability, performance expectations, and development pathways. - Foster a collaborative, service-oriented finance function that supports operational teams. - Lease and Property - Oversee financial management of leased and owned properties, including budgeting, forecasting, and cost control. - Review and monitor lease agreements, renewals, escalations, and termination clauses. - Track lease liabilities, right-of-use assets, and assets and depreciation schedules. - Coordinate rent payments, reconciliations, and accruals with Accounts Payable. - Procurement and Supplier Management - Set up a process to review existing and a tender process for new suppliers. - Annual market review of existing agreements. - Ensuring best value from a price and service perspective. Qualifications - Tertiary qualification in Accounting, Finance, or related discipline. - CPA or CA qualification (or working towards) Preferred. - Min 5 years Australian Accounting experience. Requirements - Proven experience in a Finance accounting or senior accounting role. - Strong hands-on experience across: - Payroll and award-based environments. - Accounts payable and receivable. - Debtors and fee collection processes. - Balance sheet reconciliations. - Cash flow forecasting and management reporting. - Experience leading and developing finance processes and procedures. - Strong understanding of internal controls and financial governance. - High level of systems capability (accounting, payroll, and reporting systems) Xero, Employment Hero HR and Employment Hero Pay. Core Competencies - Technical Accounting & Financial Integrity - Full-Cycle Proficiency: Mastery of the end-to-end accounting process, from data entry and coding to the production of final financial statements. - Trial Balance & Reconciliation Excellence: Deep expertise in identifying and resolving discrepancies within the trial balance, ensuring all balance sheet accounts (bank, payroll, debtors, creditors) are reconciled to the cent. - Intercompany Complexity Management: Ability to manage the "Due To/Due From" logic, ensuring intercompany loans are balanced, interest is accrued correctly, and transactions eliminated properly upon consolidation. - Analytical Insight & Strategic Cash Management - Forward-Looking Forecasting: Moving beyond static reporting to provide dynamic cash flow forecasting that accounts for occupancy trends and labor costs. - Variance Intelligence: The ability to not just identify a budget variance, but to "tell the story" behind it (e.g., why labor exceeded budget in a specific Centre). - Commercial Acumen: Understanding how operational drivers (like occupancy rates) translate directly into financial liquidity. - Governance, Documentation & Compliance - Internal Control Architecture: Designing and implementing "audit-ready" workflows that prevent fraud and minimize errors. - SOP Development: The ability to document complex financial processes into clear, repeatable Standard Operating Procedures. - Australian Regulatory Knowledge: Expert-level understanding of Australian payroll standards, Fair Work compliance (awards), and GST/ATO requirements. - Property & Asset Accounting - Lease Accounting: Knowledge of tracking right-of-use assets and lease liabilities, ensuring escalations, market reviews and renewals are captured accurately. - Fixed Asset Management: Managing depreciation schedules and capital expenditure (CapEx) tracking across multiple locations. - Self-Directed Execution & Efficiency - Proactive Problem Solving: Identifying a bottleneck in the accounts payable or procurement process and fixing it before it impacts supplier relationships. - Systems Optimization: High proficiency in Xero and Employment Hero to automate manual tasks and increase data accuracy. - Vendor Diplomacy: The ability to conduct tender processes and market reviews to ensure "best value" procurement. - Team Player: One Team and one objective. Work Arrangement & Expectations This is a remote role that will be set up as an independent contractor engagement. To ensure alignment and transparency, successful candidates will be expected to: - Disclose any existing ongoing roles or client work. - Reflect this engagement on their LinkedIn profile (clearly marked as “Independent Contractor”).
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