Accounts Manager

  • Davao City, Davao del Sur, Philippines
  • Full-Time
  • On-Site

Job Description:

Position: Accounts Manager
Setup: Onsite
Schedule: Monday to Friday | 6:00 AM to 3:00 PM (Day-Shift)

Key Responsibilities

1. Financial Management & Reporting

  • Manage monthly, quarterly, and year-end financial closing processes
  • Prepare and present financial reports to the Directors
  • Produce Profit & Loss, Balance Sheet, and Cash Flow reports
  • Perform variance analysis and financial performance tracking
  • Monitor operational expenses and overall firm profitability
  • Maintain general ledger and perform account reconciliations

2. Trust Accounting (Critical Function)

  • Manage and reconcile legal trust accounts and client monies
  • Accurately record trust receipts and disbursements
  • Ensure trust account balances align with client ledgers
  • Prepare trust reconciliation reports and audit-ready documentation
  • Maintain strict confidentiality and regulatory compliance
  • Ensure adherence to Australian Legal Trust Accounting requirements

3. Legal Billing & Accounts Receivable

  • Process legal billing and invoicing for matters and services
  • Monitor Work in Progress (WIP) and billable time recording
  • Track debtor aging and follow up on outstanding invoices
  • Coordinate billing adjustments with Directors and legal staff

4. Australian Payroll

  • Process payroll for Australian employees in compliance with AU regulations
  • Maintain employee payroll records and entitlements
  • Calculate leave accruals, superannuation, and statutory deductions
  • Prepare payroll reports and summaries
  • Coordinate with Directors for payroll approvals

5. Cashflow, Budgeting & Forecasting

  • Prepare rolling cashflow forecasts
  • Monitor receivables and payables
  • Assist Directors in budgeting and financial planning
  • Identify financial risks and provide actionable recommendations

6. Compliance & Audit

  • Maintain financial records in accordance with accounting standards and legal requirements
  • Assist in internal and external audits
  • Ensure proper documentation and audit trails are maintained
  • Support regulatory and reporting compliance requirements

7. Client Operations Support

  • Coordinate with legal and operational teams regarding financial concerns
  • Provide financial insights to support firm decision-making
  • Assist in monitoring operational costs

8. Team Leadership

  • Supervise and mentor 2–3 onsite accounting staff
  • Review and approve team output
  • Provide coaching and training to team members
  • Improve workflows and documentation processes
  • Ensure all deliverables meet deadlines and client expectations

Qualifications

  • Bachelor's degree in Accountancy, ( CPA)
  • Minimum of 5 years accounting experience
  • Experience in legal firm accounting or trust accounting (highly preferred)
  • Experience supporting Australian clients
  • Experience processing Australian payroll
  • CPA is preferred but not required
  • Strong knowledge of accounting standards

Next Steps / Recruitment Alignment

  • Ensure candidates have relevant AU accounting exposure, especially in trust accounting and payroll
  • Include technical screening on financial reporting, reconciliation, and compliance
  • Validate experience in legal firm setup (if available)
  • Assess leadership capability for managing offshore staff