Finance and Accounting Manager

2 days ago

Mandaluyong Central Post Office, Philippines The Wellex Group of Companies Full time ₱50,000 - ₱60,000 per year

Job description

  • Bookkeeping & Journalizing: Ensure accurate and timely recording of financial transactions, maintaining the general ledger.
  • Timeliness and accuracy in monthly and yearly financial closings.
  • Monthly & Yearly Closing: Lead the monthly and annual financial closing processes to ensure accuracy and timeliness of financial data.
  • Minimal discrepancies in bookkeeping and general ledger management.
  • Accounts Payable (AP) & Receivable (AR) Management: Oversee AP/AR functions to ensure proper cash flow management and timely vendor payments and customer collections.
  • Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO) metrics.
  • Invoicing & Billing: Ensure that all invoicing is done accurately and promptly, addressing any discrepancies.
  • Timely resolution of discrepancies in invoicing and billing.
  • Banking Operations: Manage banking relationships, ensure reconciliations, and monitor cash flow to support business operations.
  • Efficient cash flow management and bank reconciliation reports.
  • Tax Filing: Ensure accurate and timely tax filings (monthly, interim, and annual) in compliance with local regulations.
  • On-time submission of tax filings and zero penalties for late filings.
  • Payroll Calculation: Oversee payroll processes, ensuring accurate calculation and timely disbursement of salaries.
  • Accuracy of payroll calculations and prompt salary disbursements.
  • Tax Audits & Coordination: Respond to tax audits and inquiries from government authorities, maintaining compliance with tax laws.
  • Successful tax audit responses with minimal to no findings.
  • Financial Reporting: Prepare accurate monthly, quarterly, and annual financial reports for management review and external stakeholders.
  • Timely submission and accuracy of financial reports.
  • Coordination with Parent Company: Ensure timely reporting and alignment with the parent company's financial policies and requirements.
  • Smooth coordination with the parent company on financial matters.
  • Audit Response: Coordinate and respond to internal and external auditors, ensuring proper documentation and transparency.
  • Positive feedback from internal and external auditors on compliance and reporting
  • Team Supervision: Lead and manage the accounting team, ensuring the delegation of tasks and timely completion of deliverables.
  • Team performance and meeting of departmental deadlines.
  • Training & Development: Provide ongoing training and professional development opportunities for the accounting team to ensure skill enhancement.
  • Success of professional development initiatives as measured by team skill improvement and retention.
  • Process Improvement: Continuously review accounting processes, identifying areas for improvement to enhance efficiency and reduce errors.
  • Number of process improvements implemented and their impact on efficiency

Skills & Qualifications:

Bachelor's degree in Accounting, Finance, or related field;

Strong understanding of bookkeeping, tax filing, payroll, and financial reporting processes.

Excellent knowledge of accounting principles and local tax regulations.Proficiency in accounting software and SAP/ERP or any Accounting systems.Strong leadership, communication, and organizational skills.

Tax Compliance and Payroll Management

Financial Reporting & Coordination with Parent Company

Leadership and Team Management

Job summary:

Responsible for overseeing the daily accounting operations, ensuring accurate financial reporting, and compliance with tax regulations.

Job Type: Full-time

Pay: Php50, Php60,000.00 per month

Benefits:

  • Paid training
  • Pay raise
  • Work from home

Work Location: In person

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