Job Description
Job Overview
The Assistant Finance Manager is responsible for maintaining the general ledger, and ensuring all transactions recorded in SAP are valid, complete, and accurate. He/ she is also in charge of month-end closing activities, and maintenance of the company's bank accounts.
The responsibilities also include preparation of cash and inventory forecast, review of profitability analysis, and conducting various financial reporting analyses.
A Day In The Life
Duties And Responsibilities
Review accounts payable vouchers entries, taxes, and supporting documents and ensure accurateness of information before posting by AP Accountant
Record collection from customers in SAP, preparing the AR Aging report, AR KPI, and monitoring of customer credit limits
Prepare bank reconciliations of all bank accounts every week and coordinate with US HQ for any reconciling items, and ensure closure thereof
Review of the quarterly income tax calculations, including preparation and submission in OneStream
Analyze the Obsolescence and Capitalization Reserves
Prepare balance sheet account reconciliation for all assigned accounts
Prepare the monthly financial reports for Meralco
Manage and monitoring the SAP statutory ledger, including recording of any adjusting entries from the SAP operating ledger
Upload month-end reporting requirements to the Hubbell reporting system (OneStream)
Prepare cash flow and inventory forecast for rolling twelve (12) months
Participate in the preparation of profitability analysis and QDS for Meralco bidding
Participate in the preparation of forecast and budget
Participate in statutory, regulatory audits, and IQA/ ISO audits
Liaise with external auditors and income tax preparers on documentary requirements for smooth external audit and income tax preparation
Prepare all documentation requirements on the remittance of cash dividend to shareholders, including but not limited to coordinating with Bangko Sental ng Pilipinas and Citibank
Coordinate with the banks in updating authorized signatories and users
Ensure compliance with the tax regulations and liaise with the BIR as the need arises
Lead in the submission of all annual reportorial requirements of the BIR
Other responsibilities that may be assigned from time to time
What will help you thrive in this role
Graduate of Bachelor's Degree in Accountancy, preferably CPA
Minimum of 7 years accounting experience with supervisory skills, preferably in the manufacturing industry.
Technical Skills
Financial Analysis and Modeling: Proficiency in interpreting complex financial data, budgeting, and forecasting is essential.
Accounting Software & ERP Systems: Experience with SAP
Advanced Excel: Strong spreadsheet skills (e.g., pivot tables, VLOOKUPs, macros) are a must for data analysis and reporting.
Regulatory Knowledge: Familiarity with Philippine Financial Reporting Standards (PFRS), BIR regulations, and SEC reporting requirements.
