Financial Operations Manager

3 days ago

Davao City, Davao, Philippines TASQ Staffing Solutions Full time
Role Profile

The Senior Accounting Supervisor role at TASQ Staffing Solutions requires a highly motivated and experienced professional to lead our accounting operations. As a key member of our team, you will be responsible for overseeing and enhancing our accounting processes, ensuring accuracy, compliance, and efficiency across financial reporting and management processes.

Responsibilities
  • Financial Operations: Oversee and enhance the organization's accounting operations, ensuring accuracy, compliance, and efficiency across financial reporting and management processes.
  • Financial Analysis: Analyze financial data to provide insights that support strategic decision-making and cost management.
  • Liaison Role: Act as a liaison between departments for audit processes, regulatory compliance, and reporting, ensuring the organization adheres to all legal and fiscal obligations.
Accountabilities
  • Inventory Management: Monitor and reconcile material inventory and purchases, tracking variances in expenses.
  • General Accounting: Oversee payment processes for payroll, statutory benefits, and separation compensation. Verify accuracy of sales records and remittance reports. Review financial transactions, journal entries, and reports. Prepare necessary financial declarations for government and tax reporting. Review and approve payments prior to CEO's final approval. Support salary computations and uploading, ensuring timely payroll distribution. Perform transactional verification and conduct comparative cost analyses. Maintain accurate records of inventory, bank balances, and financial data for audit and management review.
  • Department Oversight: Provide guidance for document approvals, budgeting, pricing, and forecasting analysis.
  • Liaison for Compliance: Coordinate with local government units, external auditors, and regulators, ensuring compliance in collaboration with the Taxation department.
  • Daily Tasks: Maintain and secure the organization's cost accounting system, updating processes quarterly or semi-annually in collaboration with the Document Controller and Finance Manager. Verify the accuracy of bookkeeping and accounting reports to ensure compliance with regulatory standards. Support budget creation for business units, offering financial guidance on budget allocations. Develop financial forecasts by analyzing historical data to support the upcoming year's budget. Collect and review data on production, maintenance, and inventory controls. Estimate costs for new and proposed products, evaluating monthly production data for cost adjustments. Provide expense analysis reports, forecasting budgets and suggesting cost-saving measures. Assess changes in goods or services costs and report on the impacts on production expenses. Prepare general ledger entries, income statements, balance sheets, and other financial reports. Deliver weekly and monthly expense reports for management, assessing profitability factors. Assist with internal and external audits, coordinating internal cost audits and reporting findings to management. Ensure compliance with General Accepted Accounting Principles (GAAP) for financial statements and regulatory adherence. Implement the 13-period calendar to align resource planning, budget management, and cost forecasting. Manage annual physical counts and 28-day cycle counts for inventory in the warehouse and plant. Collaborate with the Taxation department to prepare sales declarations and manage tax return submissions for compliance.

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