The Accounting Manager is responsible for overseeing the full spectrum of accounting operations, ensuring accurate financial reporting, strong internal controls, and compliance with statutory and regulatory requirements. This role plays a critical part in supporting business decisions through financial insights, maintaining cost discipline, and safeguarding company assets in a fast-moving FMCG environment.
Key Responsibilities
1. Financial Reporting & Closing
- Lead monthly, quarterly, and annual financial closing processes
- Ensure timely and accurate preparation of:
- Income Statement
- Balance Sheet
- Cash Flow Statement
- Analyze variances vs. budget, forecast, and prior periods
- Present financial performance insights to management
2. General Accounting & Ledger Management
- Oversee General Ledger (GL) integrity and reconciliation
- Ensure proper accounting treatment of transactions (PFRS compliant)
- Review journal entries, accrals, and adjustments
- Maintain chart of accounts aligned with reporting requirements
3. Budgeting & Financial Planning Support
- Support annual budget preparation and periodic forecasting
- Monitor actual vs. budget performance across departments
- Provide cost analysis and profitability insights (by brand, SKU, channel)
- Partner with departments (Sales, Marketing, Supply Chain) on financial planning
4. Accounts Payable & Receivable Oversight
- Ensure efficient AP and AR processes:
- Vendor payments (timely and accurate)
- Customer collections monitoring
- Oversee aging reports and enforce credit policies
- Collaborate with Sales on AR collection and reconciliation
5. Inventory & Cost Accounting (Critical for FMCG)
- Monitor inventory valuation and movements (warehouse & e-commerce)
- Ensure accurate cost of goods sold (COGS) and landed cost computation
- Reconcile inventory records vs. WMS/ERP
- Analyze shrinkage, obsolescence, and slow-moving inventory
6. Tax Compliance & Regulatory Reporting
- Ensure compliance with BIR and other regulatory requirements:
- VAT, Withholding Taxes, Income Tax
- Prepare and review tax filings and supporting schedules
- Coordinate with external auditors and tax consultants
- Ensure readiness for audits and minimize tax exposure
7. Internal Controls & Audit
- Strengthen and enforce internal control systems
- Ensure proper documentation and approval workflows
- Lead internal audit coordination and compliance reviews
- Identify process gaps and recommend improvements
8. Cash Flow & Treasury Monitoring
- Monitor daily cash position and liquidity
- Forecast short-term and long-term cash requirements
- Ensure proper fund allocation and working capital management
9. Systems & Process Improvement
- Drive improvements in ERP, WMS, and accounting systems
- Automate reporting and reconciliation processes
- Develop standardized templates and dashboards
- Ensure data accuracy and integrity across systems
10. Team Leadership & Development
- Manage and mentor accounting team members
- Set performance targets and monitor KPIs
- Ensure alignment with company core values:
- Sense of Urgency
- Accountability
- Honesty & Integrity
- Excellence
- Build a high-performance, detail-oriented finance team
