Accounting Supervisor

Accounting Supervisor Duties and Responsibilities

• Under the direction of the Finance Manager, ensure all areas are adhering to established performance standards.

• Conduct balance sheet reconciliations and prepare month-end reports.

• Review the accuracy and timeliness of journal entries and adjustments prepared by the Cost Controller.

• Review and follow up outstanding checks, goods received without invoices, outstanding payable reports, and all open/pending items in the system on a weekly basis.

• Review Accounts Receivable aging with the Chief Accountant and provide comments on accounts over 60 days. Ensure that amounts over 60 days do not exceed 20% of total A/R aging balances. Verify daily in-house guest balances for appropriate credit approvals.

• Ensure the General Cashier’s daily cash count balances with the total bank balance. Review and approve daily cash count reports.

• Review casual payroll analysis prepared by the Chief Accountant to ensure accuracy and validity of accruals and payments.

• Review payroll forecasts with HR for the remainder of the year based on occupancy, F&B, and other projected business levels. Update forecasts monthly or whenever significant changes impact financial results.

• Update monthly revenue and expense forecasts to ensure accurate P&L reporting. Secure approval from the Financial Controller prior to distribution.

• Assist the Finance Manager in preparing the annual hotel budget and ensure approved budget figures are accurately uploaded into the general ledger system.

• Prepare weekly cash flow and funding requirement reports, including Accounts Payable payments, bank transfers, payroll, and other disbursements.

• Review and file all government-related reports.

• Complete other duties assigned by the Financial Controller and/or General Manager.

• Ensure compliance with all regulatory requirements, including CDC, BIR, and SEC requirements.

• Lead all internal and external audit requirements.

• Manage the day-to-day activities and reports of the General Accountant, General Cashier, and Accounting Officer.

Qualifications:

• Graduate of a reputable university with a Bachelor's Degree in Accountancy or a related field.

• Certified Public Accountant (CPA) preferred.

• At least 2 years of experience in the same position within a hotel or resort environment.

• Knowledge of taxation and regulatory requirements of the BIR, Local Government Units, SEC, and related government agencies.

• Minimum of 5 years of progressive accounting experience, preferably handling all major aspects of accounting operations within a hotel or resort.