Treasury and Inventory Audit

Dempsey Resource Management

Philippines, Quezon City

1-3 Years

This job is no longer accepting applications

Posted a month ago

Job Description

Qualifications

Accounting Graduate
Must have 1-2 years experience
Must have experience on Treasury and Inventory Audit
Salary Offer: Php 25, 0000 - Php 26,000 / Month

Job Description

Record and reconcile inventory transactions, including purchases, transfers, adjustments, and disposals.
Maintain accurate inventory records in the ERP or inventory management system.
Conduct random inventory counts and audits, investigating discrepancies and resolving issues.
Assist in the month-end and year-end closing processes related to inventory accounts.
Prepare reports related to inventory
Monitor inventory valuation methods such as FIFO, LIFO, or weighted average.
Collaborate with internal teams to improve inventory management processes and controls
Assist with internal and external audits related to inventory.
Maintain custody of the petty cash fund, ensuring it is accurately funded and accounted for
Document all petty cash transactions, including disbursements and replenishments, in a timely and accurate manner
Regularly reconcile petty cash balances with records and prepare reports to be submitted the 5th of every month
Review and verify petty cash requests for appropriate approval and supporting documentation before disbursing funds.
Safeguard petty cash, manage secure storage, and handle cash transactions professionally.
Ensure that the petty cash fund is liquidated within 24 hours, in case extension is required, pls secure approval from the management
Monitor and compare current and previous year payments for recurring expenses, such as government permits, insurance premiums, etc, and ensure that the current year's amount does not exceed the previous year's amount
Maintain a database of rental payments for SEG's offices, warehouse, etc., and update as needed.
Ensure all transactions comply with company policies and procedures, and maintain records for audit purposes.
Work closely with the accounting department to assist in financial reporting and audits as necessary
Assist in developing and updating policies and procedures to improve efficiency and effectiveness.
Support the overall objective and goal of the management.
Performs other tasks that may be assigned by the Management from time to time.