07/06/2021
Supervisory Responsibilities:
• Lead by providing guidance and direction to the team via a clear set of goals and resolving day to day issues;
• Recruits, interviews, hires, and trains new staff in the department as needed;
• Oversees the daily workflow of the department. Organize own workload and that of their team by coordinating and overseeing the task, delegating where appropriate;
• Provides constructive and timely performance evaluations, and handles discipline and termination of employees in accordance with company policy;
• Accountable for the tasks of the team and encourage other team members to be self-sufficient and responsible for their own tasks. Ensure responsibilities are clear within the team and when mistakes/oversights are made, follow through professionally, providing detailed and constructive feedback. Agree corrective plans where appropriate through effective training and professional development;
• Encourage and motivate team members to produce consistently high standards of work, hold review meetings with team members to discuss performance and tasks. Be the example you wish for them to be and empower the team to be competent;
• Confidential and respectful towards to the sensitive and/or personal information that the Department is privy to;
• Agree on holidays and ensure adequate cover is in place;
• Recognize the need for and provide training; maintain and sign off Training Records.
Duties/Responsibilities:
• Review and implement procedures to comply with new accounting rules and pronouncements.
• Accountable for the day-to-day performance of company’s accounting department: Record, monitor/oversee and review accounting schedules: daily transactions, bank reconciliations, accounts payable and receivable, and general ledger (including cash management, sales and purchase ledger, journal entries/posting, prepayments, accruals, and depreciation).
• Participate in regular payroll (ensuring full confidentiality in every way possible), compliance on government mandated duties payments and tax audits.
• Prepare budgeting and forecast reports.
• Track the progress of accounting and financial objectives.
• Establish accounting procedures and policies in accordance with the targets of the company.
• Ensure compliance with company’s regulations and as well as the state laws.
• Coordinate and provide financial data needed in the preparation of various tax filings
• Accurately preparing tax returns and ensuring that company taxes are paid in a timely manner.
• Complete VAT returns and maintain the internal controls required in order to provide the required
information so as to answer VAT queries, if any.
• Manage month-end/year-end closing: Responsible for the monthly, quarterly and year-end closing process, including the preparation of financial statements, account reconciliations and analysis for all business units.
• Coordinate with the different members of the accounting team (internal and external, including auditors) and various departments to ensure timely and accurate month/quarter/year end close.
• Organize financial data into valuable information and maintaining updated records accordingly.
• Manage financial reporting by providing regular updates to management regarding company finances:
Review and analyze financial reporting packages for distribution to the executive team, business unit leaders and department heads.
• Liaising with department heads to ensure that each department remains within budget.
• Address financial issues and inquiries from internal and external customers.
• Identify potential cash flow problems and financial irregularities.
• Perform cost analysis and recommend process improvements for cost-effectiveness.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization.
• Oversee the coordination and activities of independent auditors, should the need arise, on ensuring all audit issues are resolved, all compliance issues are met, and the preparation of the annual financial
statements are in accordance with the Philippine Financial Reporting and Accounting Standards, the state and other required supplementary schedules and information.
• Keep abreast on manufacturing stock costing, BOM, NVR, imports, exports, and foreign currency
transactions (understand revaluation and its impact on a ledger).
• Preparation of ad-hoc reports and analyses; participates in special projects as required.
• Performs other duties as assigned.
Required Skills/Abilities:
• Enthusiastic with excellent organizational skills and keen to take responsibility for the ex*****on of the
assigned tasks to a high standard.
• Strong analytical mind with a problem-solving attitude.
• A keen eye for details along with a high degree of accuracy.
• High level of reading and arithmetic skills.
• Excellent communicator (verbal and written).
• Excellent negotiation, conflict resolution, and interpersonal (approachable, yet assertive) skills.
