Accounting Supervisor

FILINVEST COMPANY: HOSPITALITY ENTERPRISE RESOURCES CORP.

JOB DESCRIPTION:

1. Ensure the completion of the month end closing procedures.

2. Prepare timely and accurate financial reports and supporting schedules including bank reconciliations, balance sheet accounts reconciliations and other reports which are part of the financial package presented to the management.

3. Check, prepare and approve standard journal entries and accruals to align actual financial statements with budget as well as ensure the completeness that all expenses are properly allocated, recorded and authorized.

4. Check and review preliminary financial statements for other required revenue, expenses and accruals disclosures as may be required to ensure completeness and accuracy of the financial statements to be issued prior approval of the Financial Controller.

5. Check and verify the budgetary requirements for weekly, monthly and special disbursements and see to it that cash in the bank is sufficient to cover the forecasted payment.

6. Verify, review and approve the cheque vouchers ensuring the correct payee and amount paid is correct and based on recorded data prior to the signature of the Financial Controller.

7. Validate and approve the issuance of the Official Receipts if adhering to taxation standards of all payments received by the company. Validate actual cash receipts from the bank statements as against actual amounts booked.

8. Check, approve and endorse the Journal entries of all Requests for Payment prior to the approval of Financial Controller.

9. Check, approve and endorse the billing statements prior release to customers and approval of the Financial Controller.

10. Monitor the aging of accounts that receivables are within the allowed collection days.

11. Coordinate from time to time with the properties and/or business units to ensure smooth processing and exchange of documents as may be required.

12. Prepare and submit all government and non-government agencies requirements such as taxes (income tax, withholding tax, fringe benefit tax), mayors permit, certification and other documents relative to companys business and ensures on time completion.

13. Check and verify all manual check requests for payment.

14. Ensure and monitor that all financial records are up-to-date, accurate and retained for management, budgeting and taxation purposes.

15. Assist, initiate and participate in the preparation of annual planning and budgeting. Check and advise the Financial Controller on key assumptions for the budget.

16. Check and ensure that the audit is conducted within the prescribed period to avoid delays and meet the targets. Ensures also the submission of required documents to auditors so that they can perform the required test of accounts.

17. Facilitate and coordinate with the audit team to ensure the smooth conduct of external and internal audits.

18. Attend, on behalf of the Financial Controller, meetings as may be required. 19. Design standard forms and draft policies that may be deemed necessary for the company and the properties that may be involved subject to the final approval of the Financial Controller.

20. Prepare weekly fund transfer (sweeping) schedule of all the properties managed by the company and evaluate requested cash requirements for their disbursements based on established policies.

21. Evaluate the cash surplus and forecast cash requirements, on a regular basis, of the properties to determine funds to be placed in short-term investments and relay the same to the Finance Controller.

22. Complete all other duties that are assigned by the Financial Controller.

23. Perform other duties as directed by the Management from time to time.

QUALIFICATION:

BS Accountancy or other related course

Minimum 5 years, prior Supervisory experience of at least 2 staff

Experience with a BPO/shared service organization is preferred

Knowledge in using an ERP system (SAP, Oracle) or any accounting system for medium to large-sized company (Net Suite, Navision, Business Central, IFCA)

Experience in external audit or local statutory reporting requirements (BIR, SEC, local govt)