Accounting Supervisor
3 weeks ago
Overview
The Accounting Supervisor manages and oversees the full spectrum of accounting and finance operations of the organization. This includes bookkeeping, financial reporting, budgeting, tax compliance, audit coordination, and internal controls. The role ensures accurate and timely recording of all transactions, compliance with applicable laws and regulations, and effective supervision of the accounting team to support management in sound financial decision-making.
Key Responsibilities- Supervise and review all accounting transactions including accounts payable, accounts receivable, payroll, general ledger, fixed assets, and inventory accounting.
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with Philippine Financial Reporting Standards (PFRS).
- Prepare consolidated reports for management, including variance analyses, KPIs, and cash flow reports.
- Oversee month-end, quarter-end, and year-end closing activities.
- Ensure timely preparation and filing of all local and national tax returns (VAT, EWT, income tax, etc.) and compliance with BIR regulations.
- Monitor government contributions (SSS, PhilHealth, Pag-IBIG) and other statutory requirements.
- Maintain compliance with all applicable accounting standards, labor, and corporate regulations.
- Assist management in preparing annual budgets, forecasts, and financial plans.
- Monitor actual performance against budget, analyze variances, and recommend corrective actions.
- Implement cost control measures and provide financial insights to improve profitability.
- Monitor cash flow and bank balances to ensure adequate liquidity for operations.
- Manage fund transfers, disbursements, and cash advances.
- Maintain good relationships with banks and financial institutions.
- Develop, implement, and monitor internal controls to safeguard company assets and ensure data integrity.
- Review and improve accounting policies, systems, and procedures for efficiency.
- Oversee compliance with company policies on approvals, segregation of duties, and expense management.
- Coordinate with external auditors for annual audits and with regulatory agencies for inspections or reports.
- Prepare schedules, supporting documents, and reconciliations required for audit purposes.
- Supervise, train, and mentor accounting staff to enhance their knowledge and performance.
- Assign tasks, review work outputs, and ensure deadlines are met.
- Foster a culture of accountability, accuracy, and continuous improvement within the team.
- Support management on strategic initiatives, feasibility studies, and due diligence for new ventures.
- Provide ad-hoc financial analysis and reports as requested by management.
- Bachelor’s degree in Accountancy, Finance, or related field (CPA preferred).
- At least 1–4 years of progressive accounting experience with 1 year in a supervisory capacity.
- In-depth knowledge of Philippine tax laws, corporate regulations, and PFRS.
- Proficiency in accounting systems (QuickBooks, SAP, Xero, or similar) and MS Excel.
- Excellent analytical, organizational, and problem-solving skills.
- Strong leadership and communication skills with high ethical standards.
- Mid-Senior level
- Full-time
- Accounting/Auditing, Finance, and Consulting
- Accounting and Financial Services
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