Accounting & Finance Officer

 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 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 Financial Accounting Section.

 I.  DUTIES/RESPONSIBILITIES

1. Preparation and review of annual and semi-annual budget.
2. Checks AP vouchers for payment.
3. Prepare and reconcile bank statements. Coordinate with Treasury Department unreconciled transactions.
4. Checking and preparation of summary for Revolving fund liquidation, twice a month and Petty Cash Fund every month.
5. Preparation and checking of monthly incentive and ensure timely credit on employees account.
6. Reconcile PO posted versus actual payments for importation
7. Filing of Tax Returns in Electronic Filing and Payment System.
8. Checking of monthly withholding tax, SSS, HDMF and pag-ibig remittances
9. Generate, analyze and submit the company’s Financial Statements and discusses with the Presidents.
10. Provides management report on company’s financial statement and financial performance.
11. Checks consolidated depot daily report on sales, accounts receivables, inventory and other monitoring reports.
12. Ensures accuracy of generated reports prior to submission to concerned departments.
13. Updates and summarizes the following report

o Disbursement Report

o Summary of monthly advances of Holding Company to it’s affiliate companies.

o Year-End Financial Statements

1. Establish, maintain and reconcile the general ledger.
2. Checks GL entries of Audit & System’s SOP formats.
3. Ensures that all transactions are posted correctly in AXAPTA.
4. Records in Axapta GL of monthly Journal Vouchers for Rent Expense/Income and amortization of prepayment accounts for stock and car insurance
5. Update and monitor daily showroom sales and collection
6. Checks and post monthly payroll reports & its corresponding GL entries in AX.

1. Handles maintenance/revision AXAPTA Financial Report Writer templates
2. Reconciles GL/SL Accounts, and perform any relative approved adjustments.
3. Maintain the books of accounts and prepare the financial statements of the company.
4. Reconciles 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
5. Administers Period/Year-end Closing in AXAPTA.

1. Recommends improvements of the existing system, in coordination with ITD and system’s and method.
2. Coordinate with the Financial Planning & Services Supervisor in the formulation of budget.
3. Initiates meetings with spin-off company personnel to discuss and resolve accounting related issues and concerns.

1. Administer and monitor the financial system in order to ensure that the company’s finances are maintained in an accurate and timely manner.
2. Monitors company’s loans and borrowings.
3. Manages process improvement and cost savings strategies.
4. Analyzes the spin-off company’s Advertising and Promotions’ Budget folders’ expenses for the fiscal year.

1. Supervise the Accounts Payable personnel.

• Candidate must possess at least Bachelor's/College Degree of Accountancy, Business Management or any related course
• At least 3-5Year(s) of working experience in the related field is required for this position.
• Preferably 1-4 Yrs Experienced in reconciliation and general accounting.
• Required Skill(s): Knowledgeable in standard costing application, Analytic with Strong problem-solving, With good oral and written communication skills, Flexible and can demonstrate sound work ethics
• With knowledge in Fixed asset accounting, detail oriented and with Microsoft Dynamic Background and With strong excel background
• Can able to offer advanced solutions based on collected, summarized, and analyzed data.