Accounting Manager (Retail Sector)

The Accounting Manager will oversee the company’s end-to-end accounting operations, financial reporting, tax compliance, and internal controls. This role will play a key part in establishing and strengthening accounting processes for a growing retail and wholesale business.

The position requires a hands-on accounting leader who can manage day-to-day finance operations, ensure compliance with Philippine accounting and tax requirements, build scalable processes, and work closely with cross-functional teams and management to support business growth.

Key Responsibilities:

Accounting & Financial Reporting

• Oversee day-to-day accounting operations, ensuring accurate and timely recording of financial transactions.
• Manage monthly, quarterly, and year-end closing activities.
• Prepare and review financial statements and management reports in accordance with Philippine Financial Reporting Standards (PFRS).
• Maintain accurate records of assets, liabilities, inventory, fixed assets, and other balance sheet accounts.
• Perform and review bank, supplier, customer, and other relevant account reconciliations.
• Maintain and continuously improve the chart of accounts and accounting processes appropriate for a retail/wholesale environment.
• Ensure the accuracy and completeness of accounting records and supporting documentation.
• Coordinate with external auditors and provide the necessary schedules, documents, and information for audit requirements.

Finance Processes & Internal Controls

• Design, establish, and continuously improve accounting and financial processes as the business grows.
• Develop and implement appropriate internal controls across finance and accounting operations.
• Establish and monitor policies and procedures covering cash handling, inventory management, procurement, expenses, and payment approvals.
• Review OPEX and CAPEX transactions, including supporting documentation and applicable tax requirements, prior to payment.
• Identify process gaps and recommend improvements to strengthen financial controls, efficiency, and compliance.
• Ensure proper segregation of duties and appropriate controls within accounting and finance processes.

Tax & Statutory Compliance

• Ensure compliance with Philippine tax laws, regulations, and statutory requirements.
• Prepare and/or review tax computations, returns, and other required statutory filings.
• Ensure timely submission of tax returns and government reports.
• Maintain complete and accurate documentation supporting tax filings and tax audits.
• Support tax planning initiatives and identify opportunities to improve tax efficiency while maintaining compliance.
• Coordinate with external tax consultants, auditors, and relevant government agencies as necessary.
• Monitor changes in tax regulations and assess their impact on the business.

Systems & Process Development

• Support the implementation, enhancement, and integration of ERP or accounting systems as the business scales.
• Ensure accounting systems and processes are aligned with operational requirements, particularly for inventory, purchasing, sales, and other retail-related transactions.
• Develop and maintain accounting policies, procedures, and documentation.
• Leverage accounting systems and Microsoft Excel to improve reporting accuracy and operational efficiency.

Team & Cross-Functional Management

• Lead and supervise the accounting team, ensuring effective execution of accounting and compliance activities.
• Provide guidance, coaching, and performance management to team members.
• Work closely with Finance, Operations, Procurement, Commercial, and other departments to resolve accounting and financial matters.
• Partner with management by providing accurate financial information and insights to support business decisions.
• Take a hands-on approach to resolving issues and managing evolving priorities in a growing business environment.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Certified Public Accountant (CPA) is required.
• At least 10 years of relevant accounting experience, with at least 3 years of experience in retail, preferably large-format retail, wholesale, FMCG, or a similarly high-volume environment.
• Proven experience in a supervisory or managerial accounting role.
• Strong knowledge of Philippine accounting standards, taxation, statutory requirements, and financial controls.
• Solid experience in financial reporting, month-end closing, account reconciliation, and audit coordination.
• Experience with ERP/accounting systems and strong proficiency in Microsoft Excel.
• Experience in establishing or improving accounting processes and internal controls is highly preferred.
• Strong analytical, organizational, and problem-solving skills.
• High level of accuracy, attention to detail, integrity, and accountability.
• Strong communication and stakeholder management skills.

Key Competencies

• End-to-End Accounting Management
• Financial Reporting & Closing
• Philippine Tax Compliance
• Internal Controls & Process Improvement
• Retail / Wholesale Accounting
• ERP & Accounting Systems
• Audit Management
• Team Leadership
• Financial Analysis
• Cross-Functional Collaboration
• Process Building & Scalability