I am so happy to hear na kasali pa rin accountants.
PAhelp naman sa mga nakapagpaassess na. nalito kasi ako kung general accountant or management accountant ba na belong ang job description below. Appreciate your comment. Thank you in advance.
Financial Accounting Services Senior Supervisor April 2014 – up to present
Additional responsibilities in addition to duties as Financial Accounting Services Supervisor are as follows:
• Generates and analyzes financial statements/adhoc reports for corporate reporting
• Generates and analyzes reconciliation reports for corporate reporting
• Analyzes and prepares the tax package report & VAT monitoring report or the recoverable tax report
• Transfers & consolidates transactions from Local books to GAAP books to Cognos
Financial Accounting Services Supervisor April 2009 – March 2014
All responsibilities are still part of current position as Financial Accounting Services Senior Supervisor.
Fixed Asset related functions: (Fixed Asset Manager in Oracle R12)
• Reviews fixed asset additions, depreciation, retirements and transfers in Oracle
• Reviews capitalization of construction in progress (CIP) on a timely manner
• Ensures that the financial policy on property, plant & equipment is implemented including asset accountability
• Supervises and reviews the quarterly capital status report
• Reviews reconciliation of General Ledger to Oracle Fixed Asset balance monthly
Accounts Payable related functions: (AP Superuser, Invoice Approver & Payment Approver in Oracle R12)
• Reviews payables accounting entries, verifies supporting documents and validates/approves invoices in Oracle system
• Approves payment to suppliers and cash advances of employees in Oracle System
• Monitors cash advances and reviews expense reports of employees
• Verifies wire transfers and fund transfers in bank facility
• Reviews the Suppliers Information Data Sheet (SIDS) & necessary documents & invoicing requirements before enrollment to Vendor Maintenance in Oracle System
• Reviews the supplier’s invoice aging report
Accounts Receivable related functions:
• Reviews the computation technical service fee and billing invoice for customers
• Reviews the accounting for collection of accounts receivables
• Reviews the summary of accounts receivable
• Perform reconciliation of intercompany account balances every end of the month
• Reviews employee receivables account for payroll deduction
Tax related functions:
• Computes the income tax and deferred tax
• Supervises and reviews reports & returns on value-added tax on sales and purchases
• Supervises and reviews returns for compensation and expanded withholding tax on purchases
• Supervises and reviews the requirements on claiming input taxes/recoverable tax from tax authority and ensures that acceptable amount is approved.
General Accounting related functions:
• Reviews and examines the financial records and documents to ensure accuracy and compliance with established accounting standards, procedures and internal controls.
• Evaluates monthly cost variance such as but not limited to fuel, repairs and maintenance, overtime, utility usages and other expenses to ensure that they are within the approved budget.
• Regularly checks and reviews actual operating expense accounts versus approved company budget.
• Supervises and reviews the quarterly capital status report, weekly cash funding request and forecast, monthly bank reconciliations, quarterly balance sheet forecast and profit and loss forecast.
• Supervises and reviews all accounting entries including payroll entries, accruals of expenses and all month-end closing entries.
• Prepares, supervises and reviews the year-end working papers and detailed reports for external audit.
Other functions:
• Inventory count reconciler
• Prepares and reviews company annual budget
• Conducts cost meetings and recommends cost saving measures
• Assists in the formulation of local company policies related to expenses
Financial Accountant April 2003 – March 2009
Payroll related functions:
• Processed non-confidential employee’s payroll and timekeeping
• Prepared payroll related accrual entries and cost variance analysis
• Prepared and analyzed compensation tax reports and ensures accuracy of employee’s income tax due
• Prepared and matched accruals against remittances made to government mandated premium contributions like SSS, PHIC and HDMF, to group insurance and retirement funds and to unions and cooperatives.
• Monitored employee receivable accounts and retirement contribution.
• Computes employee’s retirement and separated employee’s final pay.
• Prepared forecasted redundancy cost for top management cost saving initiative
• Prepared weekly overtime report
• Prepared annual budget for salaries & wages, overtime and government deductions
• Consolidated non-confidential retirement data analysis for yearly actuarial valuation report
• Provided headcount report with cost analysis
Accounts Payable related functions:
• Processed billings of growers and prepared debit/credit memos
• Processed payment to suppliers of services eg.hauling, reefer van and genset rental
• Prepared accruals for fruit purchase cost and variable shipment cost
• Performed cashiering responsibilities and prepared weekly cash funding request and forecast
Accounts Receivable related functions:
• Prepared invoices to bill customers
• Prepared monthly analysis of fruit cost per box and computed recommended transfer price to attain target gross profit set
• Prepares the employee receivable payroll deduction advise
General Accounting related functions:
• Prepared accounting entries including payroll entries, accruals of expenses and all month-end closing entries.
• Prepared monthly cost variance such as but not limited to fuel, repairs and maintenance, overtime, utility usages and other expenses to ensure that they are within the approved budget.
• Prepared monthly cut-off reports and monthly departmental expense reports
• Generated the monthly books of accounts – journals, ledgers and trial balance.
• Prepared the year-end working papers and detailed reports for external audit.
Other related functions:
• Assisted on the requirements on claiming input taxes/recoverable tax from tax authority