Finance I Accounting Supervisor (GCAT (MN)-2024-097)

Job Summary:

Accounting Supervisor is responsible in monitoring the supplier’s accounts, and company operating expenses. Responsible for overseeing the financial management of the Company.

Duties and Responsibilities

PAYABLES/GENERAL ACCOUNTING

• Manages the day-to-day operation of the accounts payable department in Manila and Clark
• Reviews and verifies that journal entries reflect the correct charging of accounts. 
• Verifies that the computation of expanded withholding is correct and the related BIR 2307 is issued
• Ensures that APVs have the necessary documentation such as approved PO, Receiving Reports, Sales Invoice & Official Receipts, etc.
• Ensures that Official receipts and Sales Invoices comply with the BIR regulations
• Prepares and review accruals, prepayments, and adjustments during month-end/year-end closing
• Monitor’s payables and vendor’s outstanding balances.
• Validates and posts payroll entries and corresponding tax withheld on compensation
• Prepares aging report and monthly account reconciliation of outstanding payables
• Prepares various account schedules for yearly audit (internal & external)
• Performs other tasks as may be assigned from time to time.

TREASURY

• Manages the day-to-day operation of the treasury department
• Manages and arranges electronic /check payments, fund transfers
• Monitors the Company’s daily cash position (Coordinate with AR team on accounts due for collection.  Identify remitter(s) and account checks that are cleared and those that our still outstanding)
• Ensures timely deposit of check collections
• Ensures funds are adequate to meet financial obligations
• Prepares rolling cash forecast
• Prepares weekly cash status report and checks for release to suppliers
• Prepares daily bank reconciliation
• Produce cash in bank report/schedules to support the month-end/year-end closing
• Manages banking relationship
• Assist the Finance Manager in e-banking platform application
• Perform other tasks as may be assigned from time to time.

• May be assigned to manage Revenue, AR, Tax and General Accounting operations

QUALIFICATIONS:

Education, Training and/or Experience

Bachelor’s Degree in Accounting/Finance, Equivalent business experience of at least 1 year and preferably with experience in manufacturing environment. Has at least 1-year work experience in the same capacity preferably from an airline and catering operations, supply chain management and/or logistics.

Language Skills

Must have average oral and written communication skills, applying analytical skills to the organization.  Employee must also have good acumen in business and writing. 

Mathematical Skills

High aptitude in generally accepted accounting principles and related areas of expertise.  Moderate comprehension skills in interpreting financial statements and report generation as well as presentation of facts and figures. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs as well as apply accurate generally accepted accounting principles in determining favorable competitive price positions for the company. Familiarity with accounting software and up-to-date accounting software(s) an advantage.

Reasoning and Ability

Can handle high to severe work pressures, with planning and organizational skills. Ability to apply common sense understanding to carry out detailed, but uninvolved written and/or oral instructions.  Ability to deal with problems involving several concrete variables in standardized situations.  Above average to excellent analytical skills and ability to see the big picture. 

Employee must have the ability to manage priorities and meet deadlines. Must uphold integrity in work and relationships, team-oriented, self-starting, resourceful and organized.

Certificates, Licenses, Registrations (as required)

No particular certification, candidate with relevant background and experience in the same field is given preference. 

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the primary functions of this job.  While performing the duties of this job, the employee is frequently required to sit; use hands to finger, handle or feel; and reach with hands and arms.  Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus. 

Work Environment

Working in a comfortable office often close to managers and to the department personnel. Employee must have direct access to a computer system and information technology.  Noise level is usually quiet.  As an essential function of this position, the employee must be able to handle levels of stress satisfactorily and be congenial with other employees, clients, suppliers and other counterparts at all times.  Excellent people skills in establishing and maintaining effective working relationships.