ACCOUNTANT
Voltamp Switchgear Co. WLL
مجموع سنوات الخبرة :10 years, 8 أشهر
Handles Accounting entries and update in ERP system (Tally) on a daily basis such as journal entries of purchase, daily operating expenses, cash/cheque deposits, payment allocation, accounts receivables, payables, etc.
Generating delivery notes, cash memo and sales invoices as per the customer’s local purchase order and tracking each invoice against the payment received by the company either in form of cash, cheque or credit card
Prepares daily sales report and maintains the accuracy of the general ledger entries
Responsible in monthly bank reconciliation, monthly ageing (both receivables and payables), Cash flow, profit and loss report and balance sheet.
Responsible for analyzing the variances of company financials month over month.
Undertakes year-end inventory and implements good inventory procedure in order to gather accurate inventory counts. Then prepares inventory report needed for financial reporting.
Responsible for Inventory Costing and analyzing marked up margin.
Managing petty cash transactions.
Follow up on outstanding debtors in weekly basis and informing the Finance Manager about the status of the collection.
Prepare or assist any Ad-hoc reports requested by the Management
Directs internal audit involving review of accounting and administrative controls and coordinates preparation of external audit materials and requirements and external financial reporting
Filing of VAT returns and compliance.
Processing of payment to suppliers. All payments should be process correctly and within the given due date.
Ensures the propriety of payable, that documents are in accordance with established company policies.
Prepares payment trackers/schedules to support accrual process.
Be able to identify significant spikes / variances on each accounts.
Assist on the weekly preparation of budget forecast. Make sure that all expected expenses were reported.
Prepare analysis of accounts and monitor accounts to ensure payments are up to date.
Responsible in monitoring monthly sales and making sure that customer invoices are booked on a timely manner.
Monitoring of revenue per client and proper application of cash payments from clients.
Oversee and manages all transactions and accounting for all affiliates in Philippines operations.
Supervise and monitor the tax reporting and compliance of all Philippine entities.
Make sure that all tax returns including VAT, withholding taxes and Income tax are filed on the mandated deadline.
Well aware of all necessary applicable taxes for all transactions entered into by the company.
Assist on giving information that are necessary for local government compliance.
Manage all intercompany transactions. Making sure that each intercompany transactions are posted properly on their corresponding affiliates.
Monitor all fixed assets of the company. Supervise and approve fixed assets uploading and tagging.
Facilitate and comply with all necessary documents needed for asset disposal and write off.
Perform balance sheet account reconciliation and prepare all necessary supporting details for each account.
Oversee and facilitate the overall month end process for all Philippine entities. Verify and check transactions every month. Making sure that all month end journals such as payroll entries, income tax, amortization, depreciation and accruals are posted.
Contribute in developing accounting policies and procedures related to month end reporting. Develop a global consolidated template for all entities for the purpose of management and client reporting.
Preparation and consolidation of month end reports of 7 entities using the global reporting template.
Develop new accounting policies and improve existing once to enhance the efficiency and effectiveness of each member of the finance team.
Review contracts and agreements entered into by the company to make sure that we are all in compliance with the provisions of the agreement.
Facilitate and supervise the end to end process of year end audit for all Philippine entities. Work hand in hand with the auditor regarding all required supporting documents and queries on financials of all entities.
Assist the US Team in answering questions and clarifications of the external auditors related to the finalization of the global consolidated financial statements.
Monthly bank reconciliation for entities across North Central America.
Manual reconciliation of unreconciled items and escalate unidentified transactions to responsible person.
Booking of necessary entries to close suspense accounts balances.
Evaluate, book and allocate other journals and accruals related to bank open transactions.
Reconcile intercompany payments and transactions.
Monitoring of daily bank integration and interface to make sure that all bank transactions are successfully captured in the uploading.
Proper application of Cash receipts and disbursements on their corresponding invoices and billings.
Reconciliation of cash clearing accounts for all entities handled across North Central America.
End to end AR process. Starting from bank transfer integration and interface up to application and closing on invoices and receipts.
Processing automatic payments like Direct Debit and integration EDI lockboxes based on the customer calendar.
Preparation of weekly reports such as clients updated Statement of Account, AR ageing
Preparation of monthly reports such as primary and transitory accounts reconciliation, AR and AP netting.
Audit of daily sales transaction. Test the validity and existence of each recorded transaction versus the actual documents. Make necessary adjustments in case of discrepancies of actual and recorded transaction.
Processing of payables with withheld taxes (utilities, rental, back pay and petty cash).
Make variance analysis on the Operating Expense of the branch for the current period versus last year.
Report to management and give justification on all materials variances on the company's financials.
Processing of tenant billings related to their rent, utilities and percentage sales.
Perform physical count of inventory of company assets and supplies. Inventory of sales merchandise and do necessary adjustment in case of discrepancy between recorded and actual stocks.
Facilitate audit on company's fixed assets and inventory. Make sure that stock inventory are properly counted.
Process documents and do a 100% audit the damaged goods, expired and pilfered and report it to the management.
Facilitate a bi-weekly audit of the company's treasury department.
Audit other department's work ethics to check if they adhering properly to the established company's rules and regulations.