Accountant

Posted 6 Hours Ago
Be an Early Applicant
Muntinlupa City, Metro Manila, National Capital Region
Entry level
Semiconductor
The Role
The Accountant will prepare financial packages including journal entries, income statements, and balance sheets. Responsibilities also include monthly reconciliations, monthly close processes for purchasing, and supporting payroll operations. The role requires compliance with Philippine accounting practices and tax laws.
Summary Generated by Built In

The Allegro team is passionate about providing intelligent solutions that move the world toward a safer and more sustainable future. With more than 30 years of experience developing advanced semiconductor technology, innovation with purpose touches every aspect of our business. From customer engagement and employee recognition to technology advancement and serving the local communities in which we maintain offices, innovation consistently drives our mission and definition of success. 

I. Prepares the Financial Package

  • Journal Entries

  • Income Statement

  • Balance Sheet

  • Income Tax Provision

II. Prepares monthly journal entries

  • Accrual of fringes.

  • Accrual of outside services.

  • Accrual of Service PO.

  • Accrual of interest expense on intercompany loan.

  • Receipts summary for the month.

  • Other income for monthly service fee.

  • Sales revaluation for the month.

  • Allocate transportation expense of raw materials for assembly.

  • Unrealized forex gain (loss) for the month (intercompany)

  • Income summary (loss).

  • Other entries or adjustments to financial statements.

III. Prepares the following balance sheet and income statement accounts reconciliation.

  • Intercompany receivable

  • Intercompany Loan

  • Consolidated Financial Statements

  • Deposits Short/Long Term account

  • Monthly and Weekly comparative sales analysis

  • Employee Advances

IV. Other Support Functions

  • Reviews the liquidation of employee advances and various deposits.

  • Provide the list of salary deductions to Payroll group.

  • Transact all employees cash advance liquidation via Concur.

  • Performs month-end close process for Purchasing.

  • Initiates systems, methodologies for continuous improvement.

  • Performs other duties assign by the immediate superior

Minimum Qualifications

  • Degree in Finance or Accountancy

  • May be fresh graduate

  • Computer literate (MS Office Applications)

  • Working knowledge of the entire finance and accounting functions

  • Keen on details and ability to explain them

  • Ability to execute financial controls

  • Working knowledge of Philippine local finance and accounting practices

  • Working knowledge of Philippine tax laws and other government regulations Ability to comply with all legal and regulatory requirements

Top Skills

Accountancy
The Company
HQ: Manchester, NH
1,959 Employees
On-site Workplace
Year Founded: 1990

What We Do

At Allegro MicroSystems, we’re passionate about developing intelligent solutions that move the world toward a safer and more sustainable future – while giving our customers a competitive edge.
With more than 50 years of experience developing advanced semiconductor technology and application-specific algorithms, Allegro is a global leader in power and sensing solutions for motion control and energy-efficient systems. Through our innovations, we are helping our customers make breakthrough advancements in areas like advanced mobility, green energy, and factory automation. Each year, we ship over one billion units into these applications to support our 10,000+ customers around the globe, including over 50 automotive OEMs.
Our diverse team of 3,500+ employees is spread across 13 countries, powering our global engineering, manufacturing, and support and enabling our innovations. That’s why we work hard to create a collaborative, energetic environment that rewards ingenuity and helps our employees make a difference every day.

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