Accounting Supervisor

About the role:

Overall in-charge in maintaining the books of accounts, other accounting records and reports of Frame Properties, Inc. (the Company). This includes recording and posting of accounting entries using the Oracle GL system. Handles cash receipts and disbursements of the company and ensures funds are safeguarded and duly accounted for. Reviews financial statements and supporting schedules/reports and variance analysis for significant changes. Checks the tax liabilities of the company such as income tax, value-added tax, annual registration, real property tax and withholding taxes and ensures accuracy and timeliness in filing and payment to avoid penalties. Acts as the point person for regular audit of the company such as those conducted by the external auditor, internal audit and the BIR. Attends to administrative and other duties as necessary.

Reviews, analyzes and approves accounting transactions, daily and monthly financial statements. Approves daily cash receipts and disbursements of the Company.

• Approves the accounting entries in the Oracle GL system
• Reviews and checks the monthly / daily Trial Balance via the Oracle GL system
• Reviews and checks monthly reports such as Balance Sheets and Income Statement for accounting, consolidation and tax purposes
• Maintains/updates the company's Chart of Accounts (COA)
• Ensures cash receipts are deposited in the Company's account with RCBC.
• Checks and reviews the replenishment of petty cash fund for the Company's cash on hand used for small expenses incurred regularly such as messenger's transportation, emergency supplies, etc.
• Checks the computation, reporting and remittance of the Company's government obligations
• Reviews the documentary requirements for the payments of annual registration fee
• Checks the monthly schedules and ensures these are reconciled with the GL balances
• Checks the official receipts to be issued to tenants and buyers of FLI and SLRD
• Reviews and issues the buyer's certification of full payment as requested by AMRG.

Computation and remittance of various tax liabilities. Ensures accuracy and timely filing and payments of tax returns to avoid penalties.

• Checks computation and timely remittance of Quarterly Income Tax, Monthly & Quarterly VAT Payment, Creditable withholding tax, Monthly Withholding – Expanded & Compensation
• Checks annual submission of Alpha list of Taxpayers (BIR 1604-E & BIR 1604-CF)
• Checks the Quarterly Summary list of Sales and Purchases
• Payment of annual registration fee to BIR.
• Annual registration of loose leaf book of accounts

Other duties and responsibilities:

• Assists the external auditor with the reports, schedules and tax returns in connection with the annual audit of the Company's financial statements.
• Handles submission of the Company's AFS including the schedules required under SEC Regulation Code 68 to the Securities and Exchange Commission (SEC).
• Assists the BIR examiner during the annual or special tax audit.
• Handles requirements of internal auditors during regular audit of the Company.
• Performs other duties such as maintaining documents and electronic files, administration function on handling of accounting staff (appraisal, loan approval, and training, etc.), and budgeting/ forecasting.

Qualifications:

• Bachelor's degree in Accountancy or any business course with adequate accounting subjects, preferably a CPA.
• With strong knowledge of accounting and finance and adept in regulatory filing with local and national regulators.
• At least five-year experience in Finance/Accounting functions. Knowledge of accounting standards is a plus.
• Excellent analytical, decisive, with good oral and written communication skills
• Knowledge of Oracle GL is an advantage but not required.