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Bookkeeper (WFH)

We are looking for a detail-oriented and experienced Bookkeeper with strong proficiency in QuickBooks to manage financial transactions, recordkeeping, and reporting. The ideal candidate will ensure accurate financial data entry, reconcile accounts, and assist with the financial analysis to support business operations.

  • Set up books for start businesses: real estate rental and property investment company and equity investment company
  • Defining a Chart of Accounts (COA): Setting up list of all the accounts that each business uses to track its financial transactions, categorized into assets, liabilities, equity, revenue, and expenses
  • Collaborate with client to establish Double-Entry Bookkeeping: Educating client on how to do this properly and setting up the books according to this method
  • Establishing Accounting Policies: Working with client to decide, and advising on, how specific transactions will be recorded, such as how to handle depreciation, inventory, or revenue recognition.
  • Setting up Ledgers and Journals: Setting up digital records where financial transactions are initially recorded and then organized for reporting.
  • Accounting Calendar: Advising on defining Functional Currency and Accounting Calendar
  • Financial Statements: Producing 2024 full year financial statements, such as balance sheets, income statements, and cash flow statements

Qualifications:

  • Bachelor's degree in accounting, Finance or a related field.
  • 1-2 years experience as Bookkeeper / Accountant
  • Proficient in Quickbooks
  • Ideally someone who has set up/managed books for an investment type of business.
  • Strong attention to detail and accuracy in data entry and financial record-keeping.
  • Ability to identify and resolve discrepancies in financial records.
  • Competitive salary and benefits.
  • Flexible work arrangements (remote or hybrid options available).
  • Opportunity to work on exciting projects with a creative team.
  • Continuous learning and development opportunities.

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Bookkeeper (WFH), Octal Philippines Inc.

Join our dynamic team as a Bookkeeper at our innovative company, where your keen eye for detail and proficiency in QuickBooks will truly shine. As a Bookkeeper, you will play a crucial role in managing financial transactions and ensuring that our recordkeeping and reporting are top-notch. You'll set up the books for exciting new ventures, like real estate rental and property investment companies, as well as equity investment firms. Your day-to-day will involve defining a comprehensive Chart of Accounts, collaborating closely with clients to establish effective double-entry bookkeeping, and advising on accounting policies for transactions. You'll also have the opportunity to set up digital ledgers and journals, creating a solid foundation for accurate financial reporting. Helping to produce full-year financial statements for 2024, including balance sheets and income statements, will be a significant part of your role. If you have a bachelor’s degree in accounting or finance, along with a couple of years of bookkeeping experience, this is the perfect opportunity for you to contribute to both our clients' success and your own professional growth. We offer competitive salaries, flexible work arrangements, and continuous learning opportunities. Join us, and let's embark on this exciting financial journey together!

Frequently Asked Questions (FAQs) for Bookkeeper (WFH) Role at Octal Philippines Inc.
What are the responsibilities of a Bookkeeper at this company?

As a Bookkeeper at our company, you will be responsible for managing financial transactions, ensuring accurate financial data entry, and reconciling accounts. You will set up accounting systems for new businesses, define charts of accounts, and help clients establish double-entry bookkeeping practices. Additionally, you will produce financial statements and advise on accounting policies, making this role essential for maintaining the financial health of our clients.

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What qualifications do I need to apply for the Bookkeeper position?

To apply for the Bookkeeper position, you should have a bachelor's degree in accounting, finance, or a related field, along with 1-2 years of relevant experience. Proficiency in QuickBooks is essential, particularly for setting up and managing financial records for investment-type businesses. Attention to detail and strong analytical skills will also be crucial for success in this role.

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Is experience with QuickBooks necessary for the Bookkeeper role?

Yes, experience with QuickBooks is a mandatory requirement for the Bookkeeper role at our company. As most of your responsibilities involve managing financial transactions and recordkeeping through this software, proficiency will help you handle tasks more efficiently and accurately.

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What benefits and work arrangements are offered for the Bookkeeper role?

We offer a competitive salary and an array of benefits, including flexible work arrangements, which allow remote or hybrid options. Our company values work-life balance, and we encourage continuous learning and professional development opportunities to help you grow in your career as a Bookkeeper.

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What types of projects will I work on as a Bookkeeper for this company?

As a Bookkeeper, you will engage in various exciting projects, including setting up accounting systems for startups in real estate and equity investment sectors. You will work closely with clients to establish effective bookkeeping practices, produce financial reports, and contribute to the overall financial strategy of these businesses.

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Common Interview Questions for Bookkeeper (WFH)
Can you describe your experience with setting up books for businesses?

When answering this question, discuss specific instances where you have set up accounting systems for businesses. Mention the type of businesses you worked with, the software used, and the processes you followed to ensure accuracy and compliance.

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How do you ensure accuracy in your bookkeeping?

Emphasize your attention to detail and the steps you take to maintain accuracy, such as regular reconciliations, checks on data entry, and using automated checks in software like QuickBooks.

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What is double-entry bookkeeping, and how do you implement it?

Explain the concept of double-entry bookkeeping, highlighting its importance in providing a complete view of financial transactions. Discuss how you train clients on this method and establish it in their accounting practices.

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Can you give an example of a discrepancy you found in financial records and how you resolved it?

Provide a specific example from your past experience. Describe the steps you took to identify the discrepancy, analyze the data, and resolve it, ensuring both accuracy and transparency.

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What accounting policies do you think are important to follow?

Discuss essential accounting policies, such as those relating to revenue recognition, depreciation, and inventory management. Highlight your understanding of how these policies affect financial reporting.

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How do you prioritize your workload as a Bookkeeper?

Share your strategies for managing time effectively, such as creating a structured schedule, setting deadlines for tasks, and using software tools to streamline your workflow.

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Describe your experience with producing financial statements.

Talk about your familiarity with preparing balance sheets, income statements, and cash flow statements. Mention specific tools or methodologies you use to ensure their accuracy and compliance with accounting standards.

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How do you keep up with updates in accounting software and regulations?

Discuss your commitment to professional development, such as attending webinars, enrolling in courses, or reading industry publications to stay informed about changes in accounting software and regulations.

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What do you do if you encounter a financial entry that doesn't make sense?

Describe your investigative approach, which may include reviewing previous entries, communicating with relevant parties, and conducting reconciliations to clarify the issue.

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Why do you think attention to detail is important for a Bookkeeper?

Articulate the significance of detail orientation in bookkeeping, emphasizing how inaccuracies in financial records can lead to significant issues and the importance of maintaining precise and clear records.

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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
March 17, 2025

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