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Accounting Manager

Company:
Cost U Less
Location:
Makati, National Capital Region, Philippines
Salary:
23,000 - 25,000
Posted:
November 17, 2016
Description:

JOB SUMMARY:

Responsible for all areas relating to financial reporting. Develops and maintains accounting principles for internal control procedures. Also addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities.

PRIMARY DUTIES:

• Directly report to Managing Director.

• Obtain and maintain a thorough understanding of the financial reporting and general ledger system.

• Ensure an accurate and timely monthly, quarterly and year end close.

• Ensure the timely reporting of all monthly financial information.

• Support the Managing Director with special projects and workflow process improvements.

• Accomplishes accounting human resource objectives by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counselling and disciplining employees; communicating job expectations; planning, monitoring, appraising, and reviewing job contributions; planning and reviewing compensation actions; enforcing policies and procedures.

• Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and customer-service standards; resolving problems; completing audits; identifying trends; determining system improvements; implementing change.

• Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analysing variances; initiating corrective actions.

• Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation of inventories, and evaluation of financial data; preparing special reports.

• Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.

• Guides other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.

• Maintains financial security by establishing internal controls.

• Accomplishes accounting and organization mission by completing related results as needed.

• Analyse the company's financial information.

• Involved in the strategic planning or the development of the company.

• Analyse and interpret financial information that corporate executives need in order to make sound business decisions.

• Prepare financial reports for other groups, including creditors, regulatory agencies, and tax authorities.

• Review and monitor costs inherent in the business.

• Financial forecasting and planning.

• Perform variance analysis.

• Protects organization's value by keeping information confidential.

• Other duties may be assigned as deemed necessary by the Managing Director.