Accounting Supervisor

The Accounting Supervisor is responsible for planning, organizing, supervising and overseeing the day-to-day accounting operations of the company. The position ensures the accuracy and integrity of financial records, compliance with Philippine Finance Reporting Standards (PFRS), tax regulations and company policies while maintaining effective internal controls.

Leads the accounting team in the timely preparation of financial reports, supports audits, manages month-end and year-end closing activities and provides financial analysis to assist management in sound business decision-making.

Focuses on developing staff capabilities, improving accounting processes and promoting operational excellence.

Duties and Responsibilities:

• Supervises and coordinates the daily activities of the Accounting Department to ensure accurate and timely recording of financial transactions.
• Review journal entries, cash receipts, cash disbursements, general ledger postings and account reconciliations before final approval.
• Ensure the accuracy, completeness, and integrity of accounting records in accordance with Philippine Financial Reporting Standards (PFRS), company policies and applicable laws.
• Supervise the preparation of monthly, quarterly, and annual financial statements and supporting schedules.
• Monitors account payables, account receivables, fixed assets, and general ledger activities to ensure proper recording and reconciliation.
• Reviews bank reconciliations and investigates discrepancies, ensuring timely resolution of outstanding items.
• Oversee month-end and year-end closing activities to ensure deadlines are met.
• Ensure timely preparation and submission of tax reports and statutory requirements in coordination with the Finance Team.
• Reviews payroll accounting entries, employee reimbursements and expense liquidations for accuracy and policy compliance.
• Monitors departmental budgets and operating expenses and recommends cost-saving initiatives.
• Develops, implements and continuously improves accounting policies, procedures, and internal control systems.
• Reviews and approves accounting schedules supporting financial reports.
• Analyses financial data and prepares management reports highlighting trends, risks, and recommendations.
• Supervises inventory accounting and periodic inventory reconciliations with warehouse and operations personnel.
• Reviews capital expenditures documentation and fixed asset accounting.
• Ensures compliance with company authority limits and financial approval policies.