I. JOB MISSION/SUMMARY To generate, review, consolidate and analyze financial statements from head office to depot, and provide the management with an accurate picture of the company's overall financial performance. The position also undertakes sound and responsive accounting standards, principles, and control procedures for the company, and renders effective management of the Financial Accounting Section.
The position is administratively reporting to the President of the spin-off company and functionally to the Assistant Manager - Accounting to ensure the implementation of a sound accounting system, control, and standards, deliver high-level financial output, increased departmental productivity and efficiency, achieve a well-controlled financial and operational environment, as well as provide assistance in the formulation of business and financial strategies.
II. DUTIES/RESPONSIBILITIES Financial Accounting Administer and monitor the financial system to ensure that the company's finances are maintained accurately and timely.Preparation and review of annual and semi-annual budget.Handles maintenance/revision of AXAPTA Financial Report Writer templates.Establish, maintain and reconcile the general ledger.Checks AP vouchers for payment.Prepare and reconcile bank statements. Coordinate with the Treasury Department on unreconciled transactions.Monitors company's loans and borrowings.Reconciles GL/SL Accounts and performs any relative approved adjustments.Checks GL entries of Audit & System's SOP formats.General Accounting Maintain the books of accounts and prepare the financial statements of the company.Ensure that all transactions are posted correctly in AXAPTA.Record in Axapta GL of monthly Journal Vouchers for Rent Expense/Income and amortization of prepayment accounts for stock and car insurance.Reconcile Subsidiary ledger balances of Inventory, Accounts Receivable, Accounts Payable, Cash in Bank, Due to (from) subsidiaries, Company advances, and Inventory Loss/Gain against Subsidiary Ledgers.Recommend improvements of the existing system, in coordination with ITD and system's method.Assist in the annual audit.Check and prepare a summary for Revolving fund liquidation, twice a month, and Petty Cash Fund every month.Prepare and check monthly incentive and ensure timely credit on employees' accounts.Reconcile PO posted versus actual payments for importation.Update and monitor daily showroom sales and collections.File Tax Returns in Electronic Filing and Payment System.Check monthly withholding tax, SSS, HDMF, and Pag-ibig remittances.Administer Period/Year-end Closing in AXAPTA.Financial Analysis Manage process improvement and cost savings strategies.Coordinate with the Financial Planning & Services Supervisor in the formulation of the budget.Analyze the spin-off company's Advertising and Promotions' Budget folders' expenses for the fiscal year.Reports Generate, analyze and submit the company's Financial Statements and discuss with the Presidents.Provide management reports on the company's financial statement and financial performance.Initiate meetings with spin-off company personnel to discuss and resolve accounting-related issues and concerns.Check consolidated depot daily report on sales, accounts receivables, inventory, and other monitoring reports.Ensure accuracy of generated reports prior to submission to concerned departments.Update and summarize the following reports:Disbursement ReportSummary of monthly advances of Holding Company to its affiliate companiesYear-End Financial StatementsIII. JOB REQUIREMENTS: Candidate must possess at least a Bachelor's/College Degree, Professional License (Passed Board/Bar/Professional License Exam) in Accountancy.Preferably 3-5 years of experience as an employee specialized in Finance - General/Cost Accounting or equivalent.Required Skill(s): Knowledgeable in standard costing application, analytic with strong problem-solving skills, good oral and written communication skills, flexible, and can demonstrate sound work ethics.Knowledge in Fixed asset accounting, detail-oriented, and with Microsoft Dynamic background and strong Excel skills.Strong accounting background, particularly in FS preparation, analysis, and presentation. Highly analytical and can detect and correct errors.Advanced computer skills, including Excel, Word, PowerPoint, and Microsoft Dynamics ERP system.Able to offer advanced solutions based on collected, summarized, and analyzed data.Able to compile, analyze, interpret, and present complex annual financial reports, statements, and/or projections. Can work with deadlines.
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