Accounting Officer

I.GENERAL FUNCTION:

Under the direct supervision of Accounting Manager, this position is responsible for providing timely and accurate financial reports for management, critical for decision making which provides reasonable assurance that accounting operations are effective and efficient, assets are safeguarded, financial information is reliable and applicable policies and procedures are followed.

II.DUTIES AND RESPONSIBILITIES:

A.Preparation of Financial Statements (FS) and Book of Accounts

1.Ensures proper recording and classification of transactions thru weekly updating and auditing of all schedules as basis of FS preparation.

2.Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize current and projected company financial position.

3.Analyzes journal entries and make necessary adjustments if necessary.

4.Checks, reconciles and analyzes reports of accounting and credit & collection personnel on a monthly basis. Summarizes and ensures completeness of information and transactions.

5.Conducts variance and ratio analysis related to financial statements to properly identify causes of variances of each account and related ratios from the target and previous year's operational data.

6.Monthly uploads sales, accounts receivables and deductions to General Ledger Module. Accurately reconciles uploaded data if there are variances found.

7.Ensures complete compilation of Books of Accounts such as CDB, CRB, Sales Book and the General ledger.

B.Government Reports

1.Ensures compliance in BIR rulings of computation of taxes thru accurate reconciliation of schedules with the General Ledger balances.

2.Prepares and ensures on-time submission and payment of the following BIR and other Government reports.

a. All BIR and external audit requirements.

b. All BIR monthly and annual remittance requirements.

c. All SEC Requirements

C.Accounts Payable and Check Vouchers

1.Checks correctness of accounting entries, classification and computation of expense, tax, and amount payables for proper disbursement and preparation of vouchers.

2.Ensures completeness of recording, timeliness and validity of accounts payable and check vouchers, sales invoices and journal vouchers.

D.Supervision

1. Checks, reconciles and analyzes submitted reports of subordinates.
2. Supervises, coaches and develops subordinates to ensure that the department operates in an efficient manner and has positive working environment.
3. Ensures that the department's performance meets or exceeds company standards.