General Accounting Supervisor

1 week ago

Pasig, National Capital Region, Philippines Cepat Kredit Financing Inc Full time

The General Accounting Supervisor oversees the daily operations of the general accounting department, ensuring accurate and timely recording of financial transactions, and compliance with accounting policies and regulations. This role supervises a team responsible for managing month-end and year-end close processes, maintaining internal controls, and assisting with audits and financial reporting.

Key Responsibilities

  • General Ledger & Financial Reporting:
  • Review and supervise posting of journal entries for prepayment, accrual, payroll, adjustment, reclass and other pertinent General Ledger transactions
  • Lead the month-end and year-end close processes by ensuring all journal entries are accurate and complete.
  • Supervise team in maintaining the general ledger, ensuring that all accounting entries are recorded accurately and timely.
  • Assist in the preparation of reports for internal management review, highlighting financial performance, variances, and key metrics.
  • Ensure proper classification of transactions and proper coding of expenses and revenues.
  • Audit and External Reporting:
  • Liaise on the internal and external audit process and preparation, ensuring all necessary documentation is readily available.
  • Provide audit support by addressing audit queries, preparing audit schedules, and ensuring the accuracy of financial records and statements.
  • Tax Preparation and Compliance:
  • Assist in the preparation and computation of tax returns, and other regulatory requirements, ensuring accurate tax calculations and proper submission to the relevant authorities.

Ensure proper documentation and filing of tax-related documents, including supporting schedules and reports.
  • Internal Controls:
  • Ensure compliance with tax laws, regulatory requirements, and corporate policies related to accounting and financial reporting.
  • Financial Analysis:
  • Identifying and communicating issues to the Assistant Accounting Manager
  • Support with budgeting and financial analysis to support decision-making.
  • Team Supervision and Development:
  • Leads and supervises the general accounting team, provides guidance and support to ensure accurate and efficient accounting operations.
  • Review work performed by team members, ensuring it meets accuracy and compliance standards.
  • Assigning tasks and monitoring workloads to team members to ensure the prompt completion of accounting responsibilities, including month-end and year-end closings.
  • Foster a positive, collaborative team environment.
  • Conduct performance evaluations, provide feedback, and offer professional development opportunities for team members.
  • Other Supporting Accounting Functions:
  • Prepare ad hoc reports
  • Performs other work-related functions and duties that may be assigned.

Key Requirements
  • Graduate of bachelor's degree in any Accountancy, Management Accounting, or any other accounting related course
  • At least 2-3 years of experience in accounting supervisory role
  • Understanding of accounting principles and tax regulations applicable to the financing companies
  • Strong leadership abilities to manage and motivate the general accounting team, ensuring tasks are completed on time and accurately
  • Excellent organizational skills with the ability to prioritize multiple tasks and meet deadlines
  • Effective communication skills, both verbal and written, to effectively liaise with internal teams, and external stakeholders (such as auditors, tax authorities, and collection agencies)
  • Willingness to stay updated with changes in accounting regulations, tax laws, and financial reporting standards
  • Strong analytical and problem-solving skills
  • Proficient Microsoft office skills, i.e. Excel functions such as formulas, VLOOKUP, Pivot Tables, etc.
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