Job Description
Financial Reporting:
- Prepare and review monthly, quarterly, and annual financial statements (income statement, balance sheet, cash flow statement).
- Assist in the preparation of reports for management, regulatory bodies, and auditors.
- Ensure that financial reports are in compliance with generally accepted accounting principles (GAAP) or International Financial
- Reporting Standards (IFRS).
General Ledger Maintenance
- Oversee and manage the general ledger, ensuring all transactions are accurately recorded.
- Review journal entries, accruals, and adjustments.
- Reconcile accounts to ensure that financial data is accurate and complete.
Account Reconciliation
- Perform detailed reconciliations for various accounts, including bank, credit card, accounts payable, and accounts receivable.
- Investigate discrepancies and resolve issues in a timely manner.
Month-End And Year-End Close
- Lead or assist in the month-end and year-end closing process.
- Ensure that all entries are posted, accounts are reconciled, and financial statements are prepared on time.
- Coordinate with other departments to ensure accuracy of the financial data for closing.
Audit Support
- Provide necessary documentation and support during internal and external audits.
- Assist in responding to audit inquiries and ensuring compliance with audit requirements.
- Resolve audit issues and make necessary adjustments to financial statements.
Tax Preparation And Compliance
- Assist in the preparation and filing of tax returns (corporate, sales tax, VAT, etc.).
- Ensure the organization complies with all relevant tax regulations.
- Maintain up-to-date knowledge of tax laws and regulations to ensure tax filings are accurate and timely.
Cost Accounting And Financial Analysis
- Analyze costs, expenses, and variances against budgeted figures.
- Provide financial analysis and insight to management to support decision-making.
- Assist in preparing cost allocation and pricing models.
Process Improvement
- Identify areas for improvement within accounting processes and systems.
- Recommend and implement efficiencies in the accounting function to streamline operations and reduce errors.
- Participate in the implementation of new accounting software or system upgrades.
Supervising Junior Staff
- Mentor and supervise junior accountants or accounting clerks.
- Provide training and guidance to ensure proper accounting practices are followed.
- Review the work of junior staff to ensure accuracy and completeness.
Cash Flow Management
- Monitor cash flow and make recommendations for optimizing working capital.
- Assist in managing accounts payable and accounts receivable functions to ensure proper cash management.
Variance Analysis
- Perform variance analysis by comparing actual financial results to budgets, forecasts, or prior periods.
- Investigate and explain significant variances to management, suggesting corrective actions when necessary.
Ad-hoc Financial Analysis And Reporting
- Prepare special financial reports or analyses on request from management.
- Participate in project-based financial analysis and provide insights into the financial impact of decisions.
Compliance And Internal Controls
- Ensure that accounting practices comply with company policies, regulatory requirements, and internal controls.
- Assist in developing and implementing internal control procedures to safeguard company assets and ensure accurate financial reporting.
Job Qualifications
- Bachelor's degree in Accounting, Finance or related field.
- At least 3-5 years of relevant Accounting & Risk Management experience.
- Proficiency with accounting software (QuickBooks) and Microsoft Excel.
- Strong ability to analyze financial data and provide insights.
- Ability to ensure accuracy and completeness in financial records.
- Clear and concise communication for reporting to management and collaborating with other departments.
- Ability to manage multiple tasks and meet deadlines, especially during month-end and year-end closing periods.
Books to be Handled: Philippines, Greece, United Kingdom & Risk Management
