ACCOUNTING OFFICER/supervisorTIRE REPUBLIC CORPORATION

JOB SUMMARY - ACCOUNTING OFFICER/SUPERVISOR
Responsible for planning and directing all activities & operations of the general accounting functions. Supervises financial operations by monitoring financial processing, reporting, auditing and managing the accounting team.
Handles oversight on the over-all operations and supervision on
-bookkeeping,
-accounts receivables,
-accounts payables and
-payroll
Ensures that all transactions are taken up in the books in accordance with the generally accepted accounting principles and that Management is provided with adequate and timely financial information for decision-making and evaluating the performance.
SPECIFIC DUTIES (BOOKKEEPING)
1. Oversees the accounting / bookkeeping management operations by ensuring proper recording and maintenance of
records of all financial transactions for management information, tax and government regulatory bodies
2. Provides adequate and timely financial information, accurate highlights and analysis and monitoring of variances
between actual expenses and related budgets.
3. Ensures proper reconciliation of general ledger and accounting records.
4. Prepares related schedules of balance sheets and nominal accounts.
5. Prepares the company's annual budget and forecast in coordination with other departments.
6. Posts financial transactions to Journal Voucher Register and General Ledger.
7. Develops and maintains adequate fixed asset records and depreciation schedules, assignment of fixed asset numbers
and proper verification of each asset through actual physical count.
8. Certifies availability of funds for expense vouchers and requisition of supplies and materials.
9. Supervises Inventory of all the fixed assets of the company and ensure that the fixed assets are properly tagged and
covered by adequate insurance policies and accountabilities.
10. Coordinates with other departments for the periodic physical inventory counts.
11. Reviews and checks all accounting documents and supporting documents are valid and complete and taxes involved
are appropriately taken up and accounting entries are correct.
12. Handles the preparation of bank reconciliation statements.
13. Ensures proper reconciliation of general ledger and accounting records.
SPECIFIC DUTIES (ACCOUNTS PAYABLE)
14. Reviews and controls trade and non-trade liabilities.
15. Reviews and verifies accounting documents and correspondence.
16. Reviews the analysis of difference in accounting records and the suppliers' statement of accounts.
17. Reviews and ensures the suppliers' invoices and checks veracity of authorized signatories are valid and complete, and
the taxes involved are appropriately taken up and the accounting entries are correct.
18. Reviews and updates financial reports.
19. Ensures prompt payment of income taxes, licenses, fees and permits, and preparation of related reports.
20. Prepares, checks, and submits periodic reports to various government agencies
SPECIFIC DUTIES (ACCOUNTS RECEIVABLE)
21. Ensures that account balances in system matched that to the system balances.
22. Oversees the regular follow-up of overdue accounts.
23. Provides recommendation for delinquent accounts that maybe written off as bad debts.
24. PAYROLL
25. Reviews employee payroll schedule prepared by HR and employee cash advances.
26. Submits for approval the payroll and employee cash advance requests.
REQUIRED SKILLS AND QUALIFICATIONS
Graduate of BS Accounting/Accountancy or any related course
Minimum of 5 years experience in general accounting operations
With at least 2 years in leading and handling people
Good communications skills
Results oriented
Analytical skills
Ability to provide timely, sound and relavant financial services interpretation and recommendation
Willing to LEARN and be further trained for the role
Can start on or before March 1, 2021