PRIMARY RESPONSIBILITY
The Financial Reporting Supervisor is responsible for recording journal entries, preparing and reconciling financial statements and accounts, and ensuring data accuracy, timeliness, and compliance with accounting standards and company policies.
KEY RESULT AREAS
- Timely and accurate recording of journal entries for company transactions.
- Accuracy of general ledger balances through regular account reconciliation.
- Timely and accurate preparation of Bank Reconciliation, Cash Flow (Petty Cash/Cash in Bank/Cash on Hand), Trial Balance, Income Statement, Balance Sheet, and other financial reports.
KEY TASKS
- Compute taxes to be withheld from employees and suppliers. Collaborate with other departments to ensure accurate records and provide accounting support.
- Coordinate with external auditors for filing and reporting requirements to the Bureau of Internal Revenue (BIR), preparation of annual audited financial statements, and mandatory submissions to the Securities and Exchange Commission (SEC).
- Record financial data such as accruals, deferrals, reclassifications, and payroll entries every payroll cut-off. Maintain fixed asset ledger and record monthly depreciation, if applicable. Perform intercompany transaction reconciliations, if necessary.
- Reconcile accounts with the general ledger regularly, ensuring accuracy and compliance with accounting standards and company policies. This includes resolving discrepancies between accounting records and receipts.
- Upload payment requests into the Lark system based on the Finance department's approved monthly expense forecast.
- Process disbursements based on approved Requests for Payment, including tax remittances, petty cash, and procurement-related payments.
- Process fund transfers based on the approved monthly budget and prepare the corresponding invoices.
- Prepare monthly Trial Balance, Income Statement, Balance Sheet, and other required financial reports. Maintain all schedules related to Income Statement and Balance Sheet accounts.
- Perform various bank transactions such as deposits, over-the-counter payments, passbook updates, and submission of required documents.
- Perform other duties as may be assigned by the Finance Manager, CEO, or other company executives.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field
- 6 years of solid experience in Accounting with vast knowledge in financial reporting, taxation and end to end process in accounting
- Proficient in Microsoft Excel and other Microsoft applications; experienced in general ledger account reconciliation
