Accounting SupervisorGerlie Mejia

Job description
I. Account Payable/Receivable
a. Coordinates with Treasury Department on outstanding payables and collection of receivables.
b. Develops guidelines for proper record keeping.
c. Review expense reports and invoices for accuracy.
d. Reconciles general and subsidiary ledger accounts. Ensure that these are all updated.
II. Cost and Inventory
a. Monitors and controls month-end inventory balance of stores and commissary by preparing summary of inventory movements such as deliveries.
b. Updates inventory balances of both stores and commissary by preparing journal entries for all inventory management.
c. Reviews recorded cost of goods sold of all stores in the books of account.
d. Overall in-charge of inventory taking schedules and ensure compliance with standard policies and practices.
III. Sales
a. Review sales summary of all stores and perform checks (audit) as needed. Post audit of Sales invoices.
b. Ensures all cash sales are deposited on time and correct (in coordination with Treasury Department).
IV. General Accounting
a. Develop guidelines for proper capturing and recording of transactions to minimize any redundancies and inefficiencies. Ensure that all records are updated.
b. Co-develop with Accounting manager the projected financial statements and break-even analysis.
c. Manage month-end and year end closing of books including analysis of significant accounts.
d. Prepares timely financial reports for management including but not limited to monthly profit & loss statements, balance sheet, etc.
e. Prepares the following reports for management:
i. Monthly sales to date
ii. Outstanding accounts receivables and payables at every month end (Aging analysis)
iii. Monthly computation of rent for payment with analysis
iv. Certified Monthly Sales report
f. Review computations and reports for BIR filing to ensure that these are accurate, complete and submitted on time. Computations include but not limited to the following:
i. Monthly computation of withholding taxes
ii. Monthly and quarterly submissions of VAT returns
iii. Quarterly and annual income tax returns
g. Review new BIR issuances and ensure the Group's compliance.
h. Preparation of Bank reconciliation statements.
i. Oversees the duties and responsibilities of Accounting assistants. Provides guidance for better performance of their job responsibilities. In-charge of the development of their career and personal growth.
j. Coordinates accounting related concerns with store and other departments.
k. Prepare other reports or perform tasks as needed by management.
JOB REQUIREMENTS:
· Candidate must possess at Bachelor's/College Degree, in Finance/Accounting/Banking or equivalent
· Preferably Supervisor/5years experienced employee specialized in Finance General/Cost Accounting or equivalent.
· With high level and competency in understanding accounting principles
· Excellent quality, attention to detail, organizational, communication and team development skills