Manager I Accounting

Job Overview

The Assistant Finance Manager is responsible for maintaining the general ledger, and ensuring all transactions recorded in SAP are valid, complete, and accurate.  He/ she is also in charge of month-end closing activities, and maintenance of the company’s bank accounts.

The responsibilities also include preparation of cash and inventory forecast, review of profitability analysis, and conducting various financial reporting analyses.

A Day In The Life

Duties and Responsibilities:

Review accounts payable vouchers – entries, taxes, and supporting documents and ensure accurateness of information before posting by AP Accountant

Record collection from customers in SAP, preparing the AR Aging report, AR KPI, and monitoring of customer credit limits

Prepare bank reconciliations of all bank accounts every week and coordinate with US HQ for any reconciling items, and ensure closure thereof

Review of the quarterly income tax calculations, including preparation and submission in OneStream

Analyze the Obsolescence and Capitalization Reserves

Prepare balance sheet account reconciliation for all assigned accounts

Prepare the monthly financial reports for Meralco

Manage and monitoring the SAP statutory ledger, including recording of any adjusting entries from the SAP operating ledger

Upload month-end reporting requirements to the Hubbell reporting system (OneStream)

Prepare cash flow and inventory forecast for rolling twelve (12) months

Participate in the preparation of profitability analysis and QDS for Meralco bidding

Participate in the preparation of forecast and budget

Participate in statutory, regulatory audits, and IQA/ ISO audits

Liaise with external auditors and income tax preparers on documentary requirements for smooth external audit and income tax preparation

Prepare all documentation requirements on the remittance of cash dividend to shareholders, including but not limited to coordinating with Bangko Sental ng Pilipinas and Citibank

Coordinate with the banks in updating authorized signatories and users

Ensure compliance with the tax regulations and liaise with the BIR as the need arises

Lead in the submission of all annual reportorial requirements of the BIR

Other responsibilities that may be assigned from time to time

What will help you thrive in this role?

Graduate of Bachelor’s Degree in Accountancy, preferably CPA

Minimum of 7 years’ accounting experience with supervisory skills, preferably in the manufacturing industry.

Technical Skills:

Financial Analysis and Modeling: Proficiency in interpreting complex financial data, budgeting, and forecasting is essential.

Accounting Software & ERP Systems: Experience with SAP

Advanced Excel: Strong spreadsheet skills (e.g., pivot tables, VLOOKUPs, macros) are a must for data analysis and reporting.

Regulatory Knowledge: Familiarity with Philippine Financial Reporting Standards (PFRS), BIR regulations, and SEC reporting requirements.