Accounting Manager

The Accounting Manager is responsible for supporting the Controller in planning, organizing, and managing the operations of the Finance and Accounting Department. The role ensures the consistent implementation of systems and procedures in line with generally accepted accounting principles (GAAP), regulatory, and statutory requirements. The role will also lead the day-to-day operations of the accounting team and oversees the accurate application of accounting policies and procedures while ensuring compliance with business units' guidelines and external regulations.

Responsibilities:

Personnel Management:

• Lead and manage the accounting team to delivery timely, accurate results.
• Foster a positive and performance-driven work environment.
• Conduct regular performance evaluation of all direct reports and mentor the team to improve performance.
• Provide continuous training and mentorship to improve the team's performance.
• Ensure manpower stability of department staff through constant motivation to maintain focus on specific and defined tasks and makes sure that goals are met.
• Responsible for scheduling of staff to include work assignments/rotations, employee's training, vacations, breaks, overtime and reliever for absent employees.
• Assist in the planning, developing and the review of the systems and procedures to improve the operating quality and efficiency of the department.
• Ensure departmental goals and productivity targets (KRAs) are consistently met.

Accounting Function:

• Lead and oversee the work of the Accounting Supervisor and Accounting Assistants to see to it that accounting systems and procedures are consistently implemented.
• Review and approve vouchers and relevant financial documents.
• Ensure accuracy and timeliness of accounting entries and reconciliations.

Financial Reporting:

• Oversee the financial records and reports to the ensure the accountants maintain an accurate and compliant financial records to produce and submit the regular financial and accounting reports for management and other stakeholders.
• Lead and guide the accounting team to achieve their individual's and the department's goals by ensuring that the assigned supervisors and accountants properly performs their respective assigned duties and tasks following the established procedures, standards and requirements, which include:
• Monitoring, analyzing, and adjusting all General Ledger accounts with abnormal balances.
• Checking, verifying, and encoding all approved adjustments entries before month end closing.
• Preparing the various schedules to support the income statement and balance sheet accounts, including the asset lapsing schedules, if not automated.
• Ensuring the accurate recording of all bank transactions and the preparation of the monthly bank reconciliation.
• Timely preparation of the month end reports and other required management reports.
• Review, analyze and submit the required management reports i.e., Balance Sheet, Income Statement, Cash Flow Reports, etc. within the set forth deadlines.
• Analyze the financial information and reports to identify financial risks and opportunities by looking at trends and discrepancies and offer insights to help with the decision-making process.
• Attends to requests for financial information from internal and external users by providing them needed information and taking the necessary actions and ensuring timely resolution in accordance with established turnaround time (TAT) and deadlines.

Tax and Regulatory Compliance:

• Review all tax returns and statutory filings to ensure accuracy and completeness.
• Ensure timely filing and remittances of mandated government taxes, dues, and returns to eliminate the risk of paying penalties and surcharge.
• Submit on time the reports to the Securities and Exchange Commission (SEC) through online portal and hard copy submission.
• Handle the preparation of the other statutory reporting requirements as may be required.

Audit and Compliance

• Liaise with the external auditors by ensuring the accuracy and completeness of financial records and providing the necessary information and addressing the audit findings with the objective of improving internal controls and operational efficiencies.
• Ensure that all financial practices are in conformity with the generally accepted accounting standards and principles, and compliant with regulatory and statutory requirements (BIR and SEC) and any other statutory requirements.
• Ensure the timely processing and filing of mandated government taxes, dues, and returns to eliminate the risk of paying penalties and surcharge.

Budgeting and Financial Analysis

• Support in the preparation and monitoring of the annual budgets and forecasts.
• Manage the budgets by monitoring the business units' spending and assist other managers in creating a sustainable and effective budgets to ensure that the resources are properly allocated and aligned with the companies' overall financial health.
• Analyze budget variances and provide insights to the Controller and Management.
• Assist the business units in the making of financial decisions and strategies by using the financial data and reports and providing insights and help to optimize its financial performance.

Policy and Process Improvement:

• Evaluate current accounting processes, systems and procedures and workflows, and setting up and formulating or recommending enhanced policies to update the operational manual for the Accounting Department to facilitate the efficient and effective transactions flow and workflow.
• Ensure adherence to the established internal control systems to safeguard Companies' assets.
• Ensure the compliance with the implementation of accounting standards, financial policies, and internal control policies and procedures.

Requirements:

• Bachelor's Degree in Accountancy; Certified Public Accountant (CPA) is a must, with MBA preferred but not required.
• Experience: At least 5 years of progressive accounting experience, including at least 2 years in Managerial role, preferably within a holding or multi-entity corporate structure.
• Proficient in ERP/Accounting software (e.g., SAP or QuickBooks). Advanced knowledge of Microsoft Excel and other reporting tools.
• Comprehensive understanding of Philippine Financial Reporting Standards (PFRS), tax laws, and preferably financial consolidation practices.
• Analytical thinking, keen to details, leadership and team management, organizational and communication skills, and integrity.

Job Type: Full-time

Benefits:

• Company Christmas gift
• Company events
• Flextime
• Life insurance
• Pay raise
• Promotion to permanent employee

Work Location: Remote