Project Accountant

Job description

We are seeking a detail-oriented and experienced Project Accountant to oversee revenue recognition, financial reporting, budgeting, and audit coordination for a specific real estate project. The role ensures compliance with Philippine Financial Reporting Standards and applicable regulatory requirements while providing accurate and timely financial information to management.

Key Responsibilities

• Revenue and Cost Recognition
  • Ensure revenue and costs are recognized in accordance with Philippine Financial Reporting Standards (PFRS).
  • Identify performance obligations, determine transaction price, and allocate transaction price to performance obligations.
  • Perform quarterly revenue recognition and coordinate with the Tax and Accounts Receivable (AR) Teams for ITR, CWT, and VAT remittances.
  • Assess contracts for significant financing components and ensure proper accounting treatment.