PURPOSE (why does the position exist, WITH what objectives and WITHIN what limits)
The position is responsible for preparing, reviewing and analyzing detailed schedules and reports of all the other accounts not covered by the analyst and specialist, supervising and reviewing the work of the analyst and specialist, with the objective of ensuring the completeness and accuracy of the amounts to be reported in the financial and management reports, the appropriate recording and recognition of all the transactions in the company's books, in accordance with the current financial reporting standards and interpretations, and the timely submission of the financial and management reports, to both internal and external users.
MINIMUM REQUIREMENTS
Education:
- Bachelor's/College Degree in Accountancy
- Professional License (CPA)
Relevant Experience
- At least 5 years of relevant experience in audit and accounting
- At least 2 years of supervisory level position
- Exposure to audit is an advantage
Technical Knowledge
- Strong analytical skills
- Good verbal and written communication skills
- Financial, risk & root cause analysis
- Change management
- Knowledge of financial technologies
- Proficiency in Google Workspace & MS Office
AREAS OF RESPONSIBILITY
Coordination and Compliance
- Monitor group and company-wide financial reporting requirements and collate and review schedules and supporting documents for these requirements and to ensure accuracy and timely internal and external reporting.
- Assists in projects to improve the accounting and financial reporting by ensuring the Company's system implementation adheres to the current business and operational-wide business needs and is in compliance with the accounting standards.
- Monitor effectiveness of the work performed by specialist and analyst to promote proper allocation of responsibilities.
Revenue and Receivables Recognition and Reporting
- Obtain and review the revenue, collection, receivables and supplementary schedules from the Billing and reconcile amounts to balances per accounting system to ensure the completeness and accuracy of submitted reports.
- Perform monthly analysis of the revenue and receivable accounts and investigate and resolve significant and/or unusual account movements and balances and corroborate these results with other internal reports (e.g., sales actuals) to ensure any variances and exceptions represent valid transactions and are aligned to business rationale.
Review of purchases and payables
- Obtain and review payable schedules from the other departments, including the completeness and accuracy of the reports, and reconcile amounts to balances per accounting system reporting accurate and valid payables.
- Review the work performed by analyst on expenses and accruals, and by specialist on fixed assets and inventory, in relation to the company's recorded payables to ensure these payments corroborate the asset transactions of the Company.
- Perform monthly analysis of the payables and investigate and resolve significant and/or unusual account movements and balances to ensure any variances and exceptions represent valid and existing payables.
Accounting System Maintenance
- Manage the baseline of charts of accounts, set-up and monitor system-wide financial reporting and database codes as well as provide system-wide coordination of the annual closing of the books process to meet the financial reporting timeline.
- Supplementing the work performed by the analyst and specialist in ensuring appropriate account codes are being utilized by the process owners enabling proper codes reflects the current business needs and operations.
Financial reporting and analysis
- Obtain and review schedules for all other accounts outside the scope of the analysts and specialists to ensure all accounts are reviewed by the group.
- Initiate closing of books, ensure complete and sufficient support and schedules are in accordance with current accounting standards and policies.
- Corroborate analyses and results to other source reports (sales trend, forecast) enabling validity of qualitative and quantitative information of transactions.
