Senior Accountant

Senior Accountant

Location: Clark/Manila/Cebu/Tarlac
Shift: 7AM - 4PM PH Time, Monday to Friday
Arrangement: Remote

Unlock your potential! At TOA Global, we have a deep commitment to empowering individuals to excel in their enterprises, careers, and communities. Our global footprint stretches across Australia, New Zealand, North America, Philippines, South Africa, and South America, supporting our global clients in the accounting industry.

Key Responsibilities and Specific Tasks

✅ 1. Accounts Payable (AP)

• Jonas Premier: Input and correctly allocate supplier invoices to jobs/projects and cost codes.
• Weekly payment runs and monthly reconciliation of supplier statements.
• Resolve supplier queries and ensure accurate tracking of project-related expenses.
• Manage inbox, including responses to supliers

✅ 2. Accounts Receivable (AR)

• Issue progress claims/invoices from Jonas Premier aligned with contractual terms.
• Accurately allocate payments received to correct invoices.
• Regularly chase overdue payments and maintain accurate retention schedules.
• Monthly AR ledger reconciliation.

✅ 3. Payroll Management (KeyPay Plug-in)

• Process monthly/fortnightly payroll through KeyPay.
• Ensure compliance with Australian payroll requirements:
• Single Touch Payroll (STP) submission.
• PAYG withholding, superannuation (SGC), payroll tax.
• Accurate leave tracking and reporting (via Employment Hero platform)
• Respond promptly to employee payroll queries.

✅ 4. WIP Reporting (Excel)

• Maintain detailed WIP schedules in Excel, updated monthly.
• Accurately calculate revenue recognition using the Percentage-of-Completion method
• Identify and clearly present under-billing and over-billing on projects.
• Monthly reconciliation of Excel WIP schedules to Jonas Premier records.

✅ 5. Monthly Management Accounts (Excel)

• Prepare monthly Management Accounts including:
• Profit & Loss Statement (P&L).
• Balance Sheet reconciliations and journals
• Cash Flow Statements.
• Provide monthly variance analysis and clear commentary on project and business performance.
• Ensure monthly accounts accurately reflect data from Jonas Premier and Excel WIP schedules.

✅ 6. Bank & Credit Card Reconciliation

• Weekly reconciliation of all bank accounts and monthly reconciliation of credit card statements.
• Accurate allocation of transactions within Jonas Premier.

✅ 7. Compliance & Regulatory Reporting

• Prepare monthly Business Activity Statements (BAS) for GST reporting and lodgment.
• Provide data for annual payroll tax and workers' compensation insurance returns.
• Ensure financial records comply with Australian accounting standards and statutory regulations.
• Prepare annual FBT reports and transaction analysis
• ABS quarterly construction industry statistic reporting

✅ 8. Budgeting & Cash Flow Forecasting (Excel)

• Support the business in creating annual budgets and periodic cash flow forecasts.
• Assist in scenario modeling to ensure strong financial management
• Monthly update of project pipeline forecasts

✅ 9. Year-End Financial Preparation

• Prepare year-end financial statements and supporting reconciliations.
• Coordinate information needed by external accountants/auditors.

Skills and Qualifications

• GST & BAS reporting cycles and deadlines.
• Australian payroll compliance: PAYG, STP, Superannuation, Payroll Tax (various states)
• Construction-specific accounting standards (work in progress)
• Some understanding of construction or building industry
• Job costing and work in progress calculations
• Budgeting, planning and analysis
• Monthly reporting of variances and commentary
• Cashflow management and reporting
• Premier software (nice to have)
• Ability and/or experience to work more autonomously