Accounting Supervisor

Job Summary

The Accounting Supervisor is responsible for the supervision and training of the Accounting Staff in charge in the areas of Payroll, Taxes and Compliance and General Accounting; the review of the Accounting Staff’s reports, filings and entries; the preparation, review and analysis of financial statements and all other financial reportings, the implementation, review and improvement of the policies and procedures; and the implementation, review and improvement of Finance Information Systems.

JOB DUTIES AND RESPONSIBILITIES

Financial Reporting

• Review the bank reconciliation weekly.
• Review closing entries.
• Review trial balance for unusual balances
• Review GL & SL reconciliation
• Review the accounting process and recommend improvements to sustain the daily operational activities.
• Conduct accounting process roll out and training to Accounting Staffs.
• Document and maintain accounting policy and process flow charts.
• Prepare a weekly Mancom report.
• Prepare monthly FS and FSC reports.
• Conducts weekly coaching/meeting with Accounting staff
• Conducts monthly performance appraisal of Accounting staff
• Interviews new recruits for open positions in partnership with HR
• Makes hiring decisions for open positions in partnership with HR
• Conducts progressive disciplinary action activities, when required, to ensure that employees are made aware of their short-comings and are given every chance to succeed prior to termination
• Conducts termination activities in partnership with HR
• Maintains the Accounting Manual.
• Initiates and participates in business process improvement activities, taking responsibility for making and implementing efficiency-enhancing recommendations.
• Makes himself/herself available for staff questions, taking the time to ensure that issues are resolved to the employee’s satisfaction
• Support financial statement audits
• Protects organization’s value by keeping information confidential
• Updates job knowledge by participating in educational opportunities

General

1. Approve cash disbursements by authorizing cheque vouchers
2. Maintain enough cash for operations by monitoring bank balances and cash requirements; transferring excess funds to Holdings
3. Maintain accounts receivables only for current balances (no overdue accounts)
4. Maintain accounts payables are for current balances (no overdue accounts)
5. Review and approves payroll summary and employee deductions
6. Review and approve government required reports (SSS, PHIC, HDMF, taxes)
7. Review Mancom reports
8. Review FS Excel and Powerpoint reports
9. Reconciles and analyzes balance sheet accounts on a monthly basis
10. Analyze the FS and identify good and bad points in terms of performance
11. Provide steps or actions on how to improve financial performance aligned with accepted Accounting principles
12. Support the Business Head by providing the financial impact (revenue, expenses, ROI) of projects/activities that will be undertaken by the company
13. Meets accounting financial standards by providing accounting department annual budget information, monitoring expenditures, identifying variances and implementing corrective actions
14. Meets accounting operational standards by contributing financial information to strategic plans and reviews; implementing production, productivity, quality, and customer service standards; resolving problems; identifying system improvements
15. Maintains financial security by adhering to internal controls

Qualifications & Skills

Education: Bachelor’s degree in Accounting, Finance, or a related business field. A CPA or equivalent professional certification is highly desirable.

Experience: End-to-end general commercial accounting and 3 years supervisory experience

Technical Skills:

• Taxation
• Banking and Cheques
• Payroll and the Labor Code
• Government Reports
• Accounting Fundamentals
• Computerized Accounting with Peachtree
• Internal Control
• Managerial Accounting
• People Management
• Cash Management
• Fixed Asset Familiarization
• Forecasting and Projection
• Reviewing Reports

Core Skills:

• Attention to detail
• strong problem-solving abilities
• communication skills required to explain complex financial data to non-finance teams.
• Confidentiality
• Adaptability
• Decision Making
• Strategic Thinking
• People Development
• Planning and Organizing
• Results Oriented