Branch Accountant

Branch Accountant is responsible for the complete, accurate, and timely recording, monitoring, reconciliation, and reporting of all financial transactions of the assigned plant/branch. This role ensures compliance with accounting standards, Finance policies, and internal controls while providing reliable financial information to Operations and Management.

KEY RESULTS AREA/S

(Expected result achieved from having this job performed)

• Accurate and timely submission of Plant/Branch Financial Statements and required reports.
• Timely reconciliation of all assigned balance sheet accounts.
• Accurate monitoring of sales, cash, inventory, PPE, receivables, and payables.
• Full compliance with Finance policies, accounting procedures, audit requirements, and internal controls.
• Timely identification and reporting of discrepancies, variances, and financial concerns.
• Effective coordination with Plant Operations and Finance to ensure accuracy and completeness of financial data.

OPERATING NETWORK/INTERACTION

(Internal and External area/s functions this position has direct interaction with)

• Coordinates with Plant Operations, Cashiers, Warehouse/Inventory Custodians, and Plant Supervisors for daily reports and transaction validation.
• Works closely with General Accounting, Treasury, Audit, and Management for month-end and year-end requirements.
• Provides necessary schedules, reports, and supporting documents to internal and external auditors.

SPECIFIC FUNCTION/S

(Detailed job description as required for a job)

1. Journal Entries & Month-End Activities

• Prepare and record accurate journal entries for plant/branch transactions.
• Perform month-end closing activities within the prescribed deadline.
• Ensure all transactions are properly recorded and supported by complete documentation.

2. Financial Statements Preparation

• Prepare the assigned plant/branch Financial Statements and related schedules.
• Review financial data for accuracy, completeness, and consistency before submission.
• Report material discrepancies and unusual items to the immediate superior.

3. Balance Sheet Reconciliations

• Reconcile assigned balance sheet accounts and ensure that reconciling items are properly supported.
• Maintain accurate records of Accounts Receivable and Accounts Payable, including loaned cylinders and employee/supplier advances.
• Maintain schedules for prepaid expenses and other applicable accounts.
• Report unresolved or unusual reconciling items promptly.

4. Property, Plant, and Equipment (PPE) Monitoring

• Maintain and update the PPE schedule of the assigned plant/branch.
• Monitor asset acquisitions, transfers, depreciation, and disposals.
• Ensure proper documentation and recording of PPE transactions.

5. Sales Report Monitoring

• Review the Daily Sales Report submitted by Cashiers and branch personnel.
• Validate sales records against receipts, collections, deposits, and other supporting documents.
• Report sales discrepancies, errors, or unresolved issues to the immediate superior.

6. Daily Cash and Collection Audit

• Conduct daily checking and reconciliation of cash and collections reported by Cashiers.
• Monitor deposits and ensure that collections are properly accounted for and supported.
• Report cash shortages, excesses, or other discrepancies immediately.

7. Inventory Monitoring

• Conduct or assist in the daily checking of LPG, cylinders, accessories, and other plant/branch inventory.
• Reconcile inventory records with operational reports.
• Report inventory variances, shortages, or unusual movements to the immediate superior.

8. Finance Policy and Internal Control Compliance

• Ensure that the assigned plant/branch follows Finance policies, accounting procedures, and internal controls.
• Monitor compliance with required documentation and approval processes.
• Report any non-compliance or control concerns to Management.

9. Operations and Financial Data Support

• Coordinate with Operations to ensure that operational transactions are properly recorded and reflected in financial reports.
• Assist in analyzing operational data, variances, and other financial information needed by Management.

10. Audit Support

• Provide required reports, schedules, reconciliations, and supporting documents for internal and external audits.
• Assist in addressing audit findings and resolving accounting-related concerns.

11. Other Duties

• Perform other related duties and responsibilities as may be delegated by the immediate superior.

PERSON/S SPECIFICATION

(Entry qualifications)

Education:
Bachelor’s Degree in Accountancy / Management Accounting or related field

Licensure:
CPA is an advantage but not required

Experience:
Preferably with background in inventory, audit, plant accounting, branch accounting, or operations accounting.

General Skills:

• Strong knowledge of accounting and reconciliation
• Good understanding of inventory and cost accounting
• Good analytical and problem-solving skills
• Proficient in MS Excel, accounting systems, and financial reporting
• Knowledge of LPG, manufacturing, or FMCG industry is an advantage
• High integrity, accuracy, and attention to detail
• Good communication and coordination skills

ACCOUNTABILITY & EXPECTATIONS

Management expects accurate, complete, and timely reporting of all financial transactions and balances of the assigned plant/branch. Any untallied, incorrect, or adjusting items must be properly documented and reported immediately to Management.

All employees are expected to maintain the integrity and confidentiality of company records and to protect the interest of the Company and its Stockholders.

Pay: Php20,000.00 - Php25,000.00 per month

Work Location: In person