Job Overview:
We are seeking a detail-oriented and experienced Financial Reporting Manager to join our team. The successful candidate will oversee inventory management, account reconciliation, payroll processes, audit preparation, and various financial reporting activities. The role will involve refining processes, ensuring accurate reporting, and supporting audit and compliance efforts.
Key Responsibilities: Inventory Management:
Revisit, review, and refine inventory processes across all business units.
Manage the annual inventory count, reconciliation, and posting of the final count.
Review annual inventory count results and prepare for CFO approval.
Monitor and follow up on the posting of annual counts and report the financial impact.
Prepare inventory schedules (rollforward) as part of audit requirements.
Manage inventory receipts from suppliers and branches, system movements, return-to-vendor processes, and inventory disposal.
Handle other inventory adjustments and movements as necessary.
Non-Trade Inventory:
Revisit and propose improvements for processes related to non-trade inventory management.
Monitor inventory receipts from suppliers, issuance to requestors, and their movement within the Oracle system.
Ensure accurate General Ledger (GL) impact of inventory receipts and issuances.
Investment Property:
Reconcile inventory of TCTs (Transfer Certificates of Title) against books/schedules.
Identify unrecorded TCTs and propose necessary GL entries.
Account Schedule & Reconciliation:
Oversee bank reconciliations for both depository and disbursing bank account(SBC001) and foreign currency bank accounts.
Prepare schedules for Property, Plant, and Equipment (PPE) lapsing, CIP (Construction in Progress) and intangibles, loans, prepaid taxes(RR15 format), PCF (Petty Cash Fund), and Coin funds with certification
Reconcile trade receivables(GL vs. Payment advice), including payments made via GCash, Credit Cards, House Charged, Home Credit, SODEXO, 3rd Party and Government.
Manage AR (Accounts Receivable) employee reconciliations (GL vs. HR Monitoring) and other accounts with abnormal movements in the fiscal year.
Payroll Process:
Review and propose formats for payroll report uploads to Oracle.
Ensure the accurate recording of payroll reports in GL.
Review and improve processes related to SSS benefits claims, depository bank and manner of deductions.
Audit Preparation:
Lead walkthroughs and prepare process flows for key financial areas, including revenue to accounts receivable – net sales, inventory costing and management, accounting for property and equipment, and payroll processes.
Provide client assistance schedule by monitoring progress, compliance, and serving as controller of documents required by Auditors.
Other Responsibilities:
Act as the first reviewer of all account schedules.
Prepare trial balances and handle other ad hoc tasks as required.
Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.
CPA certification is preferred.
Minimum of 5 years experience in financial reporting, auditing, or a related role.
Strong understanding of inventory processes, payroll systems, and audit preparation.
Proficiency in Oracle or similar financial systems is a plus.
Strong analytical and problem-solving skills.
Excellent attention to detail and ability to work in a fast-paced environment.