Accounting Manager

About Lifesports Inc.

Lifesports Inc. was established with a clear purpose in mind: to promote sports, wellness, and a healthy lifestyle. We aim to elevate the standard of sporting good products in the industry while delivering world class customer service.

With over 70 years of experience, Lifesports Inc. has emerged to be one of the big names in bringing in sporting goods brands in the country. We're constantly adapting to the market by leveraging new technologies for our products and finding ways to reach more people across geographies.

Working with Lifesports Inc. means getting to know the company's number one driving force: our people. We love to unlock our employees' potentials, never settling for what you already know. If you're someone who shares the same "can-do" attitude, respect for others, dedication, and passion for excellence, this opportunity could be a great fit for you!

Qualifications

• Bachelor’s Degree in Finance, Accountancy, Banking, or related field
• Certified Public Accountant (CPA) is required
• At least 5 years of experience managing an accounting team
• Extensive experience handling Accounts Payable (AP), Accounts Receivable (AR), Financial Reporting, and BIR Tax Compliance
• Strong knowledge of Philippine tax regulations and BIR reporting requirements
• Advanced Microsoft Excel skills
• Experience with MYOB or other ERP accounting systems is an advantage
• Strong written and verbal communication skills in English
• Detail-oriented with a strong commitment to accuracy and data integrity
• Ability to work under pressure with minimal supervision
• Demonstrates honesty, discretion, and professionalism
• Experience in company operations or corporate accounting preferred (not purely audit background)
• Experience in the consumer goods industry is an advantage
• Willing to work compressed work schedule and alternating Saturdays
• Must be willing to work in Merville, Pasay
  
  

• Maintain the general ledger, trial balance, and prepare necessary adjusting entries
• Prepare Profit & Loss statements and Balance Sheet reports on a quarterly basis
• Prepare cash flow reports and financial analysis to support management decision-making
• Ensure the accuracy and completeness of all financial records
• Prepare budget forecasts and financial projections
  
  

• Supervise and review Accounts Payable and Accounts Receivable transactions
• Verify check vouchers and payment processing
• Ensure all payments and collections are properly recorded based on bank statements
• Review sales records and monitor output tax reporting
• Review purchases and monitor input tax records
  
  

• Perform bank statement review and reconciliation
• Monitor company bank loans, promissory notes, and other bank transactions
• Maintain records of deposits, vouchers, and check issuances
  
  

• Ensure compliance with BIR regulations and reporting requirements
• Handle preparation and filing of:
• VAT Returns
• Withholding Tax Returns
• Expanded Withholding Taxes
• Corporate Income Tax Returns
• Annual Information Returns
• Prepare and manage BIR Forms 1601E/C, 1702Q, 2550M/Q, 1604E, 2316, 0605, Alpha Lists, and VAT Relief
• Prepare Annual Financial Statements, Income Tax Returns (ITR), General Information Sheet (GIS), and Business Permits
• Maintain and update the company Book of Accounts
  
  

• Review payroll computations prepared based on attendance records
• Verify summaries of SSS, Pag-IBIG, and PhilHealth contributions and loan remittances
• Review timekeeping records and payroll documentation
  
  

• Supervise and manage the Accounting Department
• Develop and improve internal controls, accounting processes, and financial policies
• Ensure proper documentation, filing, and record-keeping
• Maintain and safeguard all accounting and BIR-related documents
• Provide regular financial reports to management
  
  

• Monitor travel expense reports and commission computations for the sales team
• Track rental payments and company expenses
• Assist in improving financial systems and operational efficiency
• Perform accounting tasks in the absence of accounting staff when necessary
• Perform other duties assigned by management