Accounting Supervisor

JOB SUMMARY:
Responsible for supervising, directing, and energizing the cost accounting team and assisting the Accounting Head in the execution of company accounting practices, including month-end close, general ledger systems, journal entries, account reconciliations, intercompany transactions, research and analysis, process improvements, statutory reporting, internal controls, policy development, and the preparation of periodic financial reports.

DUTIES AND RESPONSIBILITIES

Supervisory Functions:

• Plans daily work schedules and organizes the work of cost accounting personnel.
• Provides instructions and coaching to each team member in performing their work and guiding them in achieving the team’s targets.
• Checks propriety of posted transactions in the system, such as general journals, payment vouchers, and payables vouchers.
• Provides counselling and motivation to the team in performing their duties and administers discipline for lapses or infractions.
• Reviews and analyzes the work output of cost accounting personnel, evaluates performance, provides feedback, and determines appropriate actions.
• Reports on the team’s performance, attainment of targets, and recommendations for improvements.

Technical Functions:

• Compiles financial information and prepares financial statements and required interim financial reports.
• Coordinates the conduct of intercompany month-end reconciliation.
• Analyzes revenues and expenses per cost center to ensure that these are recorded appropriately on a monthly basis.
• Encodes journal entries and prints journal vouchers.
• Conducts monthly reconciliations of general ledger accounts and investigates any exceptions.
• Conducts monthly cost comparisons and evaluates results based on attainment of budget targets and recommends actions on significant deviations.
• Reviews financial reports and supporting schedules and verifies compliance with International Financial Reporting Standards (IFRS), Board of Investments, tax, and all external reporting requirements.
• Takes action to preserve the integrity of the automated financial system.